European Week of Regions and Cities
7-10 OCTOBER 2019 Brussels

The role of financial instruments in the regional ecosystem and territorial cohesion

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Policy proposals for 2021-27 envisage a prominent role for Cohesion policy FIs and a significant remodelling of EU level instruments. Drawing on the findings of a recent ESPON study on FI, this workshop will explore how ESIF financial instruments can contribute to cohesion, including questions of governance, capacity and added value. It will also present results of the interregional project “Financial Instruments for Innovation (Innova-FI)”, demonstrating different regional experiences in implementing FIs. Case studies on Portugal and Lithuania will be used to provide concrete examples identified in the project which were successful in overcoming regional disparities and reducing market failures.

The Future of the EU and the roles of the Regions and Cities
ESPON EGTC, European Commission - DG REGIO, Startup Europe Regions Network (SERN), University of Strathclyde

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