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COHESION POLICY DELIVERING BENEFITS FOR CITIZENS

COHESION POLICY DELIVERING BENEFITS FOR CITIZENS. MAIN RESULTS 2007-2013. €346.5 BILLION. invested in 2007-2013. Investment contributes to:. reducing disparities between regions. promoting balanced and sustainable development. increasing economic, social and territorial cohesion.

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COHESION POLICY DELIVERING BENEFITS FOR CITIZENS

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  1. COHESION POLICY DELIVERING BENEFITS FOR CITIZENS MAIN RESULTS 2007-2013

  2. €346.5 BILLION invested in 2007-2013 Investment contributes to: reducing disparities between regions promoting balanced and sustainable development increasing economic, social and territorial cohesion

  3. An independent expert evaluation of 2007-2013 found that: Cohesion policy has delivered results – in each and every regionand in all EU countries. Investments made a real difference during the financial and economic crisis when public funding was constrained including for SMEs when private financing was hard to find creating jobs, addressing regional disparities and increasing GDP

  4. Positive impact on macro-economic level €1 of Cohesion Policy investment in the period 2007-2013 will generate €2.74 of additional GDP by 2023 €1 €2.74 €1 trillion Estimated return of nearly of additional GDP by 2023 €346.5 BILLION invested in 2007-2013 Lasting impact in all Member States: over 4% in Bulgaria, Cyprus, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Romania, Slovakia, Slovenia 1 million jobs 1/3 of net job creation during that period created in Europa

  5. Important support to public investment Cohesion Policy provided up to 57% of government capital investment in some countries 57.1 52.1 52.1 50.5 42.5 40.9 39.4 38.7 COHESION POLICY FUNDING AS A % OF GOVERNMENT CAPITAL INVESTMENT 2007-2013 EU 28 = 6.5% AVERAGE 34.3 27.5 25.1 24.5 18.9 7 7.1 3.9 4.4 2.5 1.1 1.7 1.1 1 0.7 0.8 0.7 0.4 0.4 0.2

  6. Improving citizens’ lives Business support Helped many small businesses survive the economic crisis, providing support to: • 121 400 start-ups • and an estimated total of 400 000 SMEs Transport Removed transport bottlenecks, reduced travel times and supported the development of sustainable public transport

  7. Improving citizens’ lives Preserving the environment Reduced consumption of fossil fuels helped to fight global warming and lowered energy bills Quality of life 6 million people connected to new/improved supply of clean drinking water 7 million people connected to new/upgraded wastewater treatment facilities

  8. Areas for improvement were identified: Some programmes were not focused enough on the results to be achieved. 2014-2020 programmes havestronger result-orientation to ensure that taxpayers' money is spent efficiently.

  9. Areas for improvement were identified: Investment concentrated on key themes, important for citizens' lives. Projects applying for EU funds will have to explain clearly, upfront, how they aim to reach their targets. Stronger monitoring will track progress towards targets and evaluation will assess impact of the programmes.

  10. More information: http://europa.eu/!pj83Bu @EU_Regional EUinmyregion

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