The European Social Fund Plus (ESF+) has been approved in its second reading in the European Parliament. It will remain the main EU instrument for investing in people and to implement the European Pillar of Social Rights proclaimed by the Council, the European Parliament and the Commission as the EU’s compass for responding to social challenges in Europe.
This Fund aims to support individuals, Regions and EU Member States to face distinct challenges such as recovering from the current pandemic or meeting the EU’s targets for employment, social inclusion, education and climate.
The ESF+ integrates the former European Social Fund (ESF), the Youth Employment Initiative (YEI), the Fund for European Aid to the Most Deprived (FEAD) and the EU Programme for Employment and Social Innovation (EaSI), allowing beneficiaries to have access to funding, help them combine different types of measures and simplify funding management.
The budget for the 2021-2027 period is of around €88 billion, in 2018 prices (99 billion according to the esf website) that ESF+ will invest on:
Read more about the European Social Fund Plus (ESF+) here.