Cohesion Policy is the main long-term investment instrument in the EU. It contributes to strengthening economic, social and territorial cohesion in the EU, corrects imbalances between countries and regions and delivers on the Union's political priorities.

It is implemented by several funds:

• The European Regional Development Fund, investing in the social and economic development of all EU regions and cities.
• The Cohesion Fund, investing in environment and transport in the less prosperous EU countries.
• The European Social Fund Plus, supporting jobs and creating a fair and socially inclusive society in the EU.
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