Cities and regions are leading the fight against global warming, calling for the EU to be zero carbon by 2050, as world leaders prepare for the UN Climate Change Conference in Paris (COP21) in November.
Paving the way for an "ambitious" agreement on the 2014-2020 budget, energy security and the European Union's Eastern neighbourhood are all key priorities of the Polish EU Presidency during the second half of 2011. The Poles, for their part, have pulled all the stops to ensure that the Union remains committed to redistributive policies at a time of economic austerity.
The cohesion policy (or regional policy) of the European Union provides a framework for financing a wide range of projects and investments with the aim of encouraging economic growth in EU member states and their regions. The policy is reviewed by the EU institutions once every seven years. The next round of programmes is to be launched in 2014.
Led by cities, EU regions are playing a frontline role in the fight against climate change as they make key investment decisions regarding the new generation of clean energy and transport projects.
EU regional policy is designed to level out economic and social disparities in the 27 member states. At the halfway point of its current regional budgetary period (2007-2013), the European Commission conducted a review assessing how well each EU country is faring in its use of cohesion funds.
The EU's regional policy will come under pressure when the Union enlarges to 10 mostly poor new Member States in May 2004. The Commission is expected to present its first proposals for the 2007-2013 EU budget by the end of 2003, with Regional Policy Commissioner Michel Barnier insisting on undiminished regional development aid.