The project's objective is to monitor EU member states’ strategies and mechanisms for financing vocational education and training (VET) and to investigate their effectiveness and efficiency. This site provides information on investment in VET and on developments in VET funding systems and instruments. The analysis focuses on cofinancing, looking at roles of different stakeholders in sharing costs and responsibilities in VET.
Investment in human capital is a fundamental driver of economic growth, competitiveness and social cohesion. It is a high priority on the EU agenda.
Vocational education and training (VET) plays a key role in raising people’s knowledge, skills and competences, but its success requires securing adequate resources. Thus, European Ministers responsible for VET, European social partners and the European Commission called for improving public and private investment in VET (within the framework of the Copenhagen process).
Findings (outcomes of studies, workshops and conferences) aim to contribute to evidence based policy making and stimulate debate among researchers, policy makers and practitioners throughout Europe. Cedefop also looks at experiences of non EU countries to strengthen knowledge sharing and common learning.