€17 billion of EU funds available to help refugees from Ukraine
The Council adopted a regulation on Cohesion Action for Refugees in Europe (CARE) that will allow the swift release and reallocation of cohesion policy funding. This will ensure that member states hosting refugees have sufficient resources to meet the growing needs for housing, education and healthcare.
Furthermore, member states will be able to use the Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU), one of the largest post-pandemic EU public investment programmes.
The Council also adopted a proposal to:
- unlock up to €420 million in remaining funds from the 2014-2020 home affairs fund
- allow member states and other public or private donors to make additional contributions under the 2021-2027 asylum, migration and integration fund
This will provide extra resources for the reception of persons escaping the war in Ukraine.