SOLIDAR is delighted to see the Commission’s proposal on the InvestEU Funds published on Wednesday, 6 June, with a significant importance given finally to social investment.
We welcome the policy window on “skills, education, training and related services; social infrastructure (including social and student housing); social innovation; health and long-term care; inclusion and accessibility; cultural activities with a social goal; integration of vulnerable people, including third country nationals.”
The InvestEU Funds will allow private investors – backed by public guarantees – to make significant investments in the social infrastructure. Together with funding provided through the future ESF+, this can be an important step towards implementing the European Pillar of Social Rights. However as the purpose is social cohesion the risk shall not be public and the benefit private!