Canary Islands Strategic Plan for State Grants 2026-2028

The Canary Islands government has officially approved its Strategic Plan for State Grants covering 2026-2028, marking a significant step in its public funding strategy for tourism, employment, and regional development.

Overview

• This plan consolidates the previous three-year policies.
• It aligns with national legislation that requires public agencies to clearly specify their objectives, expected outcomes, costs, and funding sources before disbursing grants.

Focus Areas

Sustainability and Tourism

• The plan places a key focus on sustainability, particularly in tourism.
• Objectives include promoting eco-friendly infrastructure, enhancing digital skills, and supporting local businesses.

Notable Initiatives

• Funding for climate action plans.
• Infrastructure improvements.
• Projects to bolster resilience against economic and environmental shocks.

Social and Employment Goals

• Emphasizes job creation and social dialogue.
• Supports projects that foster employment, improve labor conditions, and combat clandestine employment.

Tourism Development

• Fosters sustainable tourism hubs.
• Improves tourist services.
• Supports transport links such as new flight routes to diversify visitor arrivals.

Importance

The plan promises renewed investment in regional infrastructure, greener tourism practices, and increased employment opportunities.

• Reflects the government's commitment to a resilient, sustainable economy.
• Aligns local development with broader European Union sustainability goals.
• Ensures that public funds are transparently directed towards impactful projects.