COHESION POLICY

SUPPORTING GROWTH AND JOBS IN LATVIA

COHESION POLICY IN 2017-2013: CONCRETE RESULTS FOR EUROPE

An independent expert evaluation of 2007-2013 funding found that Cohesion Policy investments had
positive, tangible results ranging from job creation, a positive impact on regional disparities and an
increase in GDP.

Every region and country in the EU benefits from Cohesion Policy, via the direct effects of the investments and/or
the indirect effects like increased trade.

€1 € €€€ €2.74
€1 of Cohesion Policy investment during 2007-2013
will generate €2.74 of additional GDP by 2023.

€346.5 billion invested in 2007-2013 Estimated return nearly €1 trillion

of additional GDP by 2023

1/3 of net job creation

1 million jobs created in 2007-2013
during that period

50.5
57.1

60 %
52.1
52.1

EU Cohesion Policy investments in

2007-2013 were a vital source of
42.5

50 %
40.9
39.4

finance for many Member States,

38.7
34.3

40 % representing up to 57 % of
27.5

Cohesion Policy funding government capital investment for

25.1
24.5

30 %
as a % of government some countries.
18.9

capital investment 20 %
2007-2013
EU28 = 6.5 % Average
7.1

10 %
4.4
3.9
7

2.5
1.7
1.1
1.1

0.7
0.7
0.8

0.4
0.4

0.2
1

0%
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Regional and
Environment
Urban Policy
 COHESION POLICY IN 2017-2013: CONCRETE RESULTS FOR LATVIA

Between 2007 and 2013, support from the European Regional Development
Fund and the Cohesion Fund amounted to EUR 3.9 billion in Latvia.
Investments were mainly made in the areas of:

 Transport infrastructure
 Environment
 Business support

FIRMS ENERGY
Around 3 300 jobs created 140 MW in additional capacity of
renewable energy production
1 184 start-ups supported

163 projects to help firms finance investment

Key achievements of
Cohesion Policy
INFORMATION SOCIETY investments in TRANSPORT
Over 146 000 additional people with access LATVIA 637 km existing road upgraded, mainly on the
to broadband trans-European Transport Network (TEN-T)

ENVIRONMENT RESEARCH
More than 670 000 people with access to 153 research projects supported
improved water supply
36 cooperation projects between SMEs and
More than 90 000 people connected to new or research centres.
upgraded wastewater treatment facilities

MORE INFORMATION

EU Cohesion Policy: key achievements

http://ec.europa.eu/regional_policy/en/policy/what/key-achievements/

Results of EU Cohesion Policy in Latvia

http://ec.europa.eu/regional_policy/index.cfm/en/policy/what/key-achievements/latvia/

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