Together with representives of major stakeholders in the social, health, education and housing sectors, AGE co-organized a conference on “Social Infrastructure Investment, from local innovative ideas to InvestEU project funding” in Brussels on 18th October.
The objective of the event was to identify solutions to the current investment gap in social infrastructure - of an estimated €150 billion per year for the next ten InvestEU_logoyears according to the report “Boosting Investment in Social Infrastructure in Europe”. The new EU funding programme for the period 2021-2027 InvestEU, proposed by the European Commission in June, has here a key role to play.
Four steps were highlighted by the conference organisers as necessary to make InvestEU a success for social infrastructure investment, focusing on:
- Sectoral involvement
- Capacity building for all
- Quality
- Making full use of the available fiscal flexibity
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> Four steps to unlock EU funds into local social investment highlighted at AGE joint conference