The European Regional Development Fund

The European Regional Development Fund  (ERDF) helps improve the attractiveness of territories to better combat regional inequalities within the European Union and strengthen economic, social and territorial cohesion in the EU by supporting the balanced development of its regions.   

Europe 2020 Strategy  

All the policies of the European Union have the common goal of promoting growth and jobs in the framework of the Europe 2020 strategy. This agenda aims to overcome weaknesses in the economy and the challenges of the EU. This European strategy emphasizes “smart, sustainable and inclusive” growth and sets objectives in the fields of research and development, employment, education, poverty and climate. 

These objectives are funded through a budget set for the 28 Member States for 7 years. For the 2014-2020 period, it totals 960 billion euros. 

In this context, the European Union entrusts the Member States with the management of a portion of these appropriations. 

Application of three policies

  • Rural development policy
  • Maritime affairs and fisheries policy 
  • Economic, social and territorial cohesion policy 

These three policies are financed by “European Structural and Investment Funds”. 

Among them, the European Regional Development Fund (ERDF) finances the economic, social and territorial cohesion policy.

The ERDF 

In France, for the 2014-2020 period, the ERDF allocates 9.5 billion euros :

  • 8.4 million euros are dedicated to “investment for growth and employment”, seeking to strengthen the job market and regional economies,
  • 1.1 billion euros are dedicated to “European territorial cooperation”, which aims to support cohesion in the European Union through cross-border, transnational and inter-regional cooperation.

The management of the ERDF is entrusted to the regional councils. Each regional council is thus the managing authority an ERDF programme.

In France, the ERDF is involved with the following issues:

  • Investing in research, technological development and innovation
  • Improving the competitiveness of SMEs
  • Encouraging the development of information and communication technologies
  • Supporting the transition towards a low-carbon economy

 

The ERDF supports the Parc Animalier d’Auvergne

  • Creation of a new enclosure for the tigers
  • Expansion of the South American enclosure  
  • Restructuring of the car park and the paths of the park 
  • Creation of new green areas 
  • Construction of a concrete slab for manure at the top of the park 
  • Creation and construction of a stock room for the shop and locker rooms for the staff 
  • Construction of a shelter for hay, straw and alfalfa at the top of the park
  • Creation of a pen for the animals 
  • Creation of a wooden fence
  • Creation of a new enclosure for the wolverines 
  • Creation of a restaurant / seminar room 
  • Construction of an educational building  

Click here for more information on the ERDF.