The European Regional Development Fund (ERDF) is a financial instrument established by the European Union to promote economic development and reduce disparities between regions. It primarily focuses on funding projects that enhance infrastructure, support innovation, and create jobs in less developed areas. By investing in various sectors such as transport, environment, and urban development, the ERDF aims to foster sustainable growth and improve the quality of life for citizens across Europe. This fund plays a crucial role in achieving the EU's objectives of economic cohesion and social inclusion.