Cohesion Policy funding in 2021-2027 is expected to support the creation of 1.3 million jobs, and to increase the EU's GDP by 0.5% on average by the end of the decade, and up to 4% in some Member States. It will also help deliver many common public goods, providing tangible and concrete benefits to European citizens, regions and cities. These are some of the conclusions of a report on the outcome of the 2021-2027 Cohesion Policy programming published today.

To make this happen, Cohesion Policy will unleash a total volume of investments of €545 billion during this period, of which €378 billion are funded by the EU. These investments will promote lasting socio-economic convergence, territorial cohesion, a social and inclusive Europe and a smooth and fair green and digital transition.