Article 121

The co-financing rate from the Funds to a priority axis may be modulated to take account of: the importance of the priority axis for the delivery of the Union strategy for smart, sustainable and inclusive growth, having regard to the specific gaps to be addressed; the protection and improvement of the environment, principally through the application of the precautionary principle, the principle of preventive action and the polluter pays principle; the rate of mobilisation of private financing; the coverage of areas with severe and permanent natural or demographic handicaps defined as follows: island Member States eligible under the Cohesion Fund, and other islands except those on which the capital of a Member State is situated or which have a fixed link to the mainland; mountainous areas as defined by the national legislation of the Member State; sparsely (i.e. less than 50 inhabitants per square kilometre) and very sparsely (less than 8 inhabitants per square kilometre) populated areas; the inclusion of the outermost regions as referred to in Article 349 TFEU.

← art_120__para_7__text_1 · All articles · art_121__text_1 →

Source: EUR-Lex (Cellar) · retrieved 2026-10-29 · Text as adopted (Official Journal); later amendments are not incorporated in this text.