InvestEU – SOLIDAR welcomes boost for Social Investment

InvestEU – SOLIDAR welcomes boost for Social Investment

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!