(...) How the new proposals work
These proposals provide Member States with additional flexibility to use:
- The ERDF to repair damaged infrastructure and equipment,
- The ESF+ to provide temporary support to food and/or basic material assistance without accompanying measures, healthcare to all affected by the disasters and the financing of short-time work schemes without activation measures.
Two key measures will strengthen the ESF+ in supporting Member States affected by natural disasters, provided they focus resources under a dedicated priority:
- Immediate liquidity injection: Member States will benefit from an additional pre-financing of 30%, providing immediate funds to relieve budgetary pressures and help tackle urgent needs following disasters.
- Full EU financing: The EU will cover up to 100% of the costs of measures supported under the ESF+ and ERDF, with no national co-financing required. This will ensure a rapid start to reconstruction and recovery efforts.
A maximum of 10% of the existing Cohesion Policy funds earmarked for Member States for the 2021–2027 programming period may be used to deliver on these objectives, allowing for transfers between Cohesion Policy funds. (...)
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