Structural Funds and Cohesion Fund
![Classification of regions from 2014 to 2020:
Less developed regions
Transition regions
More developed regions](/Images/godic/202501/05/European_regional_policy_2014.svg1558.png")
The Structural Funds and the Cohesion Fund are financial tools set up to implement the regional policy of the European Union. They aim to reduce regional disparities in income, wealth and opportunities. Europe's poorer regions receive most of the support, but all European regions are eligible for funding under the policy's various funds and programmes. The current Regional Policy framework is set for a period of seven years, from 2014 to 2020.