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2022 European Union budget
SUMMARY OF:
WHAT IS THE AIM OF THE ACT?
- It is the text agreed by the European Parliament and the Council of the European Union adopting the European Union (EU) budget for 2022.
- This is set at €169.5 billion in spending commitments1 and €170.6 billion in payment2 credits.
KEY POINTS
The budget mobilises significant public funds to:
- respond to the COVID-19 pandemic and its consequences;
- kick-start a sustainable economic recovery, protecting and creating jobs;
- trigger further investment in a greener, more digital and more resilient Europe, while protecting the most vulnerable in Europe and around the world.
The main areas of expenditure are the following.
| Commitments(million €) | Payments(million €) | |
|---|---|---|
| Single market, innovation and digital | 21,775.1 | 21,473.5 |
Cohesion and values
| 56,039.0
| 62,052.8
|
Natural resources and environment
| 56,235.4
| 56,601.8
|
| Migration and border management | 3,091.2 | 3,078.3 |
| Security and defence | 1,785.3 | 1,237.9 |
| Neighbourhood and the world | 17,170.4 | 12,916.1 |
| European public administration | 10,620.1 | 10,620.2 |
| Thematic, special instruments to enable the EU to mobilise the necessary funds to react to unforeseen events | 2,779.2 | 2,622.8 |
| Total appropriations | 169,515.8 | 170,603.3 |
The budget identifies the following specific priority commitments.
- €49.7 billion in commitments to support the recovery by boosting investment in economic, social and territorial cohesion.
- €53.1 billion for the common agricultural policy and €971.9 million for the European Maritime, Fisheries and Aquaculture Fund (see summary), for the EU’s farmers and fishers and to strengthen the resilience of the agri-food and fisheries sectors and to provide the necessary scope for crisis management.
- €12.2 billion for Horizon Europe, to support the EU’s research in areas such as health, digital, industry, space, climate, energy and mobility, and €613.5 million for the single market programme supporting competitiveness and small and medium-sized enterprises, including in the tourism sector (see summary).
- €839.7 million for the EU4Health programme to support the EU health union and to deliver a comprehensive response to the health needs of EU citizens (see summary).
- €1.2 billion under the Just Transition Fund to make sure the transition to climate neutrality works for all (see summary) and €755.5 million under the LIFE programme to support environment and climate action (see summary).
- €2.8 billion for the Connecting Europe Facility for up-to-date, high-performance transport infrastructure to facilitate cross-border connections (see summary).
- €3.4 billion for Erasmus+ to invest in young people (see summary) and €406 million for the cultural and creative sectors through the creative Europe programme (see summary).
- €1.1 billion for the Asylum, Migration and Integration Fund (see summary) and €809.3 million for the Integrated Border Management Fund to step up cooperation on external border management, including €25 million for the protection of the EU’s border with Belarus, along with the migration and asylum policy, which includes additional funding for resettlement pledges (see summary).
- €227.1 million for the Internal Security Fund (see summary) and €945.7 million for the European Defence Fund to support European strategic autonomy and security (see summary).
- €15.2 billion to support our neighbours and international development and cooperation. The agreement includes targeted increases for the Neighbourhood, Development and International Cooperation Instrument – Global Europe (€190 million), focusing on Afghanistan and Syria (see summary), and for the humanitarian aid programme (€211 million) to address crisis situations across the globe (see summary).
FROM WHEN DOES THE BUDGET APPLY?
It has applied since .
BACKGROUND
The 2022 budget is the second to be adopted under the 2021–2027 long-term budget (the multiannual financial framework) set up under Regulation (EU, Euratom) 2020/2093, which will provide €1,211 trillion of EU funding (in current prices) during the next 7 years. In parallel, EU Member States will continue to rely on support from the NextGenerationEU recovery instrument, with the Recovery and Resilience Facility (Regulation (EU) 2021/241) at its heart.
KEY TERMS
- Commitments. Reservation of money to cover subsequent expenses. It is the total cost of legal obligations (contracts, grant agreements/decisions) to provide finance in a given year, provided certain conditions are met.
- Payments. Money that will be paid out via cash or bank transfers to beneficiaries during the budget year.
MAIN DOCUMENT
Definitive adoption (EU, Euratom) 2022/182 of the European Union’s general budget for the financial year 2022 (OJ L 45, , pp. 1–2039).
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