Local view for "http://purl.org/linkedpolitics/eu/plenary/2016-05-10-Speech-2-318-250"
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"en.20160510.21.2-318-250"2
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"Territorial cohesion was recognised as a fundamental objective of the EU and enshrined in the Lisbon Treaty. Against this backdrop, the new generation of cohesion policy for the 2014-2020 programming period puts greater emphasis on the use of integrated and place-based oriented approaches to foster economic, social and territorial cohesion. The new ERDF regulations stipulate a ring-fenced budget of 5% of expenditure for sustainable urban development.
Under the framework of the European Structural and Investment Funds two new instruments have been introduced in the 2014-2020 programming period in order to achieve the territorial cohesion objective: Community-Led Local Development (CLLD) and Integrated Territorial Investments (ITI).
In terms of resources allocated to ITIs and CLLD, around 5% of the cohesion policy budget (approximately EUR 16 billion) is expected to be used for these tools. 20 Member States will use ITIs (EUR 13.6 billion), 17 Member States will use ITIs in order to deliver sustainable urban development actions (EUR 7 billion), as stated in Article 7 of the ERDF Regulation. When it comes to CLLD, a total of 18 Member States have expressed their intention to implement it. The take-up is based mostly on the European Agricultural Fund for Rural Development (EAFRD) and the existing LEADER programme."@en1
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