EU cohesion policy: Commission adopts €808 million Partnership Agreement with Denmark for 2021-2027 – Regional Policy & More News Here

The funds will assist Denmark in selling financial, social and territorial cohesion, with a give attention to key EU priorities such because the inexperienced and digital transition. The funds may also contribute to the nation’s aggressive, progressive and sustainable progress. 

A round and export-oriented inexperienced financial system

Denmark will pace up its inexperienced transition and can give attention to the assist of its small and medium-sized companies (SMEs). €247 million beneath the European Regional and Development Fund (ERDF) will assist Danish SMEs enhance their analysis and innovation capability, undertake superior applied sciences, supporting their progress, competitiveness and internationalization. The ERDF will promote the round financial system in enterprises which give attention to decreasing waste and enhance useful resource effectivity. Entrepreneurship and innovation may also obtain a lift by investments in new companies and begin-ups.

Moreover, the ERDF may also assist tourism infrastructures and can promote sustainable city growth particularly of medium-sized Danish cities for residing metropolis centres. 

An inclusive labour market and a talented workforce

Denmark will promote a extra inclusive labour market and a talented workforce because of €120 million from the European Social Fund Plus (ESF+). For instance, Denmark will put money into growing abilities, by guaranteeing that extra folks obtain and full their vocational coaching and better schooling to match the labour market and enterprise wants.

In addition, the ESF+ will assist folks to develop the talents and competences for a good and social inexperienced and digital transition. Particular consideration might be given to abilities growth within the tourism and concrete growth domains beneath each ERDF and ESF+.

Finally, in line with the European Pillar of Social Rights Action Plan, the ESF+ may also assist folks on the margins of the labour market by serving to them into new jobs, selling social integration and combatting homelessness. 

A socially truthful inexperienced transition for the residents

€89 million from the Just Transition Fund  (JTF) will assist Danish areas of their transition to a low-carbon financial system whereas preserving jobs. In explicit, Denmark plans to deal with the socio-financial affect of this transition in the complete native worth chain, with a give attention to SMEs growth, testing and demonstration of the round financial system options, and creating new applied sciences for clear vitality and emission discount. Investing in upskilling of the workforce can also be on the core of the JTF assist.   

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A inexperienced fishery and aquaculture business

Fisheries and aquaculture industries are a part of the inexperienced transition. Denmark will dedicate €200 million of its European Maritime Fisheries and Aquaculture Fund (EMFAF) to enhance useful resource effectivity and competitiveness of SMEs within the aquaculture sector and within the safety and restoration of biodiversity, by innovation and growth of selective fishing gear and river restoration. 

Members of the College stated: 

Commissioner for Cohesion and Reforms, Elisa Ferreira, stated: “With the adoption of the Partnership Agreement, Denmark will move forward with its ambitious goal of a greener, more connected and more inclusive country. Cohesion policy funds will support the competitiveness of small businesses, the regeneration of city centres, and the green and circular economy.” 

Commissioner for Jobs and Social Rights, Nicolas Schmit, added: “I welcome the Partnership Agreement with Denmark which includes support for important social priorities: skills, jobs and social inclusion. With this Agreement, Denmark is building a sustainable labour market and also equipping citizens with the right skills for a green and digital future.” 

Commissioner for Environment, Oceans and Fisheries, Virginijus Sinkevičius, stated: “Europe’s blue economy plays a crucial role in decarbonising our economy. This Partnership Agreement will allow Denmark to build a resilient, sustainable and low-carbon fisheries and aquaculture sector and to further develop its aquatic environment and resources sustainably of the fishery and aquaculture sector.” 

Background 

The Partnership Agreement with Denmark paves the best way for the investments from the cohesion coverage funds on the bottom: 

It covers 4 programmes, one for every of the cohesion funds: ERDF; the ESF+; the JTF; and the EMFAF. 

Moreover, it establishes the eligibility and implementation of the JTF within the areas with carbon-intensive industrial amenities most negatively impacted by the local weather transition. 

Finally, the Partnership Agreement displays Denmark’s robust dedication to the coordinated use of the cohesion coverage funds with the Recovery and Resilience Facility. 

Each Member State prepares a Partnership Agreement in cooperation with the Commission. This is a strategic doc for programming investments from the cohesion coverage funds and the EMFAF in the course of the Multiannual Financial Framework. It focuses on EU priorities, laying down the technique and funding priorities recognized by the Member State. It additionally presents an inventory of nationwide and regional programmes for implementation on the bottom, in addition to the indicative annual monetary allocation for every programme. Denmark’s Partnership Agreement is the seventh one adopted for the 2021-2027 funding interval, following these of Greece, Germany, Lithuania, Austria, Finland and Czechia.

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