Themed data sheets

Title

El Fondo Social Europeo Plus (FSE+)

Description

CORE EASIM meeting with the ESF Spain Unit

Categories

Access to financing

General information

The day after the publication of the Commission's proposal for the EU recovery plan (the so-called Next Generation EU), the amended proposal for the European Social Fund Plus (ESF+) Regulation was made public, reflecting the EU strategy for the social and economic impact caused by the Covid-19 pandemic and seeking to align it with the recovery plan. 

The amended proposal, on which the European Parliament and the Council of the EU have already reached a political agreement, foresees to focus ESF+ investments on the following actions:

  • Supporting youth employment, particularly affected by the socio-economic crisis resulting from the Covid-19 pandemic.
  • Supporting the most vulnerable (social inclusion), who suffer most from job losses and reduced incomes, and providing food and basic material assistance to the neediest among the above through the European Aid Fund for the Most Deprived (FEAD).
  • Protect children by adopting the European Child Guarantee to tackle child poverty and expand access to non-segregated education.
  • Accompany workers in the double transition (green and digital) of the economy, in line with the European industrial strategy. This will require new skills for new types of jobs and will require investment in quality training for workers to thrive in a climate-neutral, more digital and more inclusive society. This is why the new ESF+ promotes social innovation, entrepreneurship and cross-border labour mobility through the European Programme for Employment and Social Innovation (EaSI).

Furthermore, it should be recalled that, in order to streamline and simplify the funding landscape, reduce the administrative burden in relation to the management of the funds and cut expenditure on legal instruments for their implementation, the EAFRD and EaSI will be integrated into ESF+, with only projects under the second programme being managed independently.

For its part, Spain will have to address several issues of specific interest to the Autonomous Communities that also receive funding from the European Regional Development Fund (ERDF), such as the school dropout rate and youth unemployment, child poverty, depopulation and equality.

Links & more information

ESF+ is the EU's main financial instrument for investing in Europe's social dimension and in people. It has a total budget of €88 billion to finance the implementation of the principles of the European Pillar of Social Rights through different actions in the fields of employment, skills education and social inclusion, thus contributing to building a more social and inclusive Europe. The original proposal for the ESF+ Regulation for the period 21-27 was published by the Commission on 30 May 2018 in the framework of the new proposals for the establishment of the future EU budget (Multiannual Financial Framework) for the same period. The proposal itself is still ongoing and it is in this proposal that the modification that is the subject of this event has been introduced.  

Social funding in the EU after the health crisis
European Child Guarantee

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