EU Cohesion Fund
The EU Cohesion Fund is a financial instrument established by the European Union to support member states with a gross national income (GNI) per capita below 90% of the EU average. Its primary goal is to reduce economic and social disparities across the EU by funding infrastructure projects, particularly in the fields of transport and the environment.
The fund aims to promote sustainable development and improve living standards in less developed regions. By investing in essential projects, the Cohesion Fund helps enhance connectivity, create jobs, and foster economic growth, ultimately contributing to the overall cohesion of the EU.