The Partnership Agreement to be established between Portugal and the European Commission annouces the priorities and major strategic objectives for the application of European Funds in the country, thus materializing Portugal 2030.
In total, around EUR 23 BN will be distributed from 2021 to 2027, by 5 funds:
European Regional Development Fund (ERDF);
European Social Fund + (ESF+);
Cohesion Fund (CF);
Cohesion Fund, from the Just Transition Fund (JTF);
European Maritime, Fisheries and Aquaculture Fund (EMFAF).
The funds mobilization is based on five strategic objectives in order to achieve a country more competitive, greener, connected, social and more closer to its citizens.
Thus, following the guideline with the Portugal 2030 Strategy, the new community framework will be organized in the following Thematic Agendas:
People first - better demographic balance, greater inclusion, less inequality;
Innovation and qualifications as drivers of development;
Sustainability of resources and combating climate change;
A country externally competitive and internally cohesive.
This strategy also establishes the operational structure of the Portugal 2030 funds, therefore formed by 12 programs: four with a thematic scope – Demography, qualifications and inclusion; Innovation and digital transition; Climate Action and Sustainability and Sea; five Regionals corresponding to NUTS II on the Mainland, two from the Autonomous Regions and one for Technical Assistance. To these are added the European Territorial Cooperation Programs.
In total, the Portugal 2030 Strategy counts on around EUR 40 BN of resources from European Funds, concentrating Portugal 2030 and the PRR.
