On the 10th of November 2020 the European Commission launched the Pact for Skills, a central element of the European Skills Agenda.
The Pact for Skills is one of the flagship initiatives under the European Skills Agenda presented on 1 July 2020. The main objective of the Pact is to mobilise resources and incentivise all relevant stakeholders to take real action to upskill and reskill the workforce, by pooling efforts and setting up partnerships supporting green and digital transitions as well as local and regional growth strategies.
The Pact for Skills is accompanied by a Charter outlining a shared vision from industry, social partners, vocational education and training (VET) providers, national, regional and local authorities as regards quality training.
Signatories of the Pact are strongly encouraged to translate their engagement into concrete commitments on upskilling and reskilling. These commitments will bring the key principles of the Pact to life.
Who can join the Pact?
Individual companies or other private or public organisations
Regional or local partnerships
Industrial ecosystems or cross-sectoral partnerships
All members of the Pact sign up to the Charterand its key principles, which they agree to respect and uphold.
What will the Pact for Skills offer?
The Commission will also offer information and guidance on EU funding and programmes for skills development by offering a single-entry point at EU level. In addition to the funding available under REACT-EU, the European Social Fund Plus and other relevant programmes of the new multiannual financial framework (2021-2027), up- and reskilling is one of the flagship investment priorities of the Recovery and Resilience Facility, worth €672.5 billion.
To ensure that the Pact is created together with the relevant stakeholders, the Commission will promote a series of high-level roundtables with representatives of industrial ecosystems, regional and national authorities, education and social partners and education and training providers.