| Project Detail |
The operation will co-finance investment schemes supported by European Regional Development Fund (ERDF), the European Social Fund Plus (ESF+) and the Just Transition Fund (JTF) in the region of Castilla y Leon within the Spanish Partnership Agreement 2021-2027. Co-financing concerns the two regional Operational Programmes (OPs), notably the OP for growth and jobs supported by ERDF and the OP for social inclusion and employment supported by ESF+, as well as investments under the national OP of the JTF that take place in the region.
Objectives
The co-financed ERDF and ESF+ investments will contribute to the following four EU Cohesion policy objectives: (1) A smarter Europe; (2) A greener Europe; (3) A more social Europe; and (4) A Europe closer to citizens. More specifically: - ERDF will support investments in research, development and innovation activities, ICT networks and applications, small and medium sized enterprises, human capital development (especially education and training infrastructure and programmes), climate change mitigation (e.g., through energy efficiency investment in public buildings and renewable energy production), environmental sustainability (e.g. by safeguarding drinking water supply). - ESF+ will support investments in education and training, lifelong learning, skills development and access to employment and entrepreneurship, to increase the economys stock of human and social capital and thus reduce shortages of skilled labour. - JTF will support investments in the provinces of Palencia and León, two of the Spanish territories most challenged by the transition towards a climate-neutral EU economy by 2050. The project will enable its inhabitants to address the social, employment, economic and environmental impacts of the end of fossil-based activities.
Proposed EIB finance (Approximate amount)
EUR 290 million
Total cost (Approximate amount)
EUR 1061 million |
