Cohesion

Description of the programme / policy

The EIB priority supports and finances cohesion throughout Europe. Since 1958, it has targeted support for projects in less-developed regions. Economic modeling indicates that EIB lending has a significant macroeconomic influence on cohesion regions, with up to a 2% GDP impact. This support also serves to reduce regional economic disparities between the less developed regions and more developed ones.

Main objective of the programme/policy

The main aim of this policy is to support the EU’s Cohesion Policy through financing of cohesion projects, thus reducing economic disparities between different EU regions.