Assessing project appraisal of EU cohesion policy

Abstract

In several countries, the EU Cohesion Policy (ECP) serves as the primary source of policy investment for regional development and cohesion, especially in what is known as Cohesion Countries, encompassing the group of less socioeconomic developed European Union countries. Hence, considering the development needs of several EU regions, it is crucial to implement ECP as effectively and efficiently as possible in the context of limited funding. Following our 20 years of experience in assessing the impacts of ECP, performing a project appraisal of the selected ECP projects is critical and practical. This guarantees that the common interest is regarded and that ECP funding addresses strategic development needs appropriately.