The EU Must Prioritize Social Investments to Build an Inclusive Future

As the European Union deliberates on its next long-term budget, the future of social investments hangs in the balance. Proposed cuts and funding merges threaten essential programs that support employment, social inclusion, and Ethical Finance. At FEBEA, we emphasize that a strong European Social Fund (ESF+) is critical to fostering a resilient Social Economy and ensuring no one is left behind.

Why the European Social Fund Matters

The ESF+ has been a pillar of Ethical Finance and social investments, providing much-needed resources for job creation, training programs, and poverty reduction. With 94.6 million Europeans at risk of poverty, the EU’s commitment to lifting at least 15 million people out of hardship by 2030 is at stake. Investing in people means investing in the strength of Europe’s communities and economic sustainability.

A Call for Action

FEBEA, alongside a coalition of European organizations, urges policymakers to:

• Maintain a stand-alone and well-funded European Social Fund
• Prioritize financing for quality jobs, training, and social inclusion
• Strengthen partnerships between ethical banks, social enterprises, and civil society
• Ensure social rights and fundamental protections remain central to EU funding

Read the joint statement here.