The 2014-2020 cohesion policy programming cycle is financed by European funding (European Structural and Investment (ESI) Funds, Territorial Co-operation Funds, and the Fund for European Aid to the Most Deprived) and by national funds (for the co-financing of European programmes, the Development and Cohesion Fund, and the funds of the Complementary Operational Programme).
The governance of 2014-2020 cohesion policy, the strategic objectives, and the planning of resources are defined within the scope of two distinct documents:
- the 2014-2020 Italy Partnership Agreement approved by the European Commission and prepared by Italy in collaboration with central and local government and the economic and social partners, which defines the strategies, procedures, and spending priorities of funding co-financed by the European Structural and Investment (ESI) Funds. In accordance with Regulation (EU) 1303/2013, the agreement establishes the strategic guidance for 11 thematic objectives organised into actions and expected results. In February, the technical adjustment for years 2017-2020 of the European 2014-2020 Multiannual Financial Framework (as envisaged under Article 92(3) of the EU Regulation) resulted in a revision of the Partnership Agreement;
- CIPE Resolution 25/2016, which, in line with ESI Fund programming, determines the themes and strategic objectives for the 2014-2020 cycle of national cohesion policy. This framework was then updated by way of Resolution 25/2018.
For the 2014-2020 programming cycle, general strategies have also been defined, such as: