Content 1 2 2 WHY DO WE NEED AN EU FUTURE 4 EU INVESTMENT NEEDS IN THE TRANSFORMATION 7 EU FUTURE FUND: KEY BUILDING BLOCKS AND 13 4.1 Areas of investment and the coherence of European investments 13 4.2 Instruments and disbursement 16 4.3 Financing and legal basis 17 4.4 Governance 19 HOW CAN WE ACHIEVE AN EU FUTURE 21 Bibliography 23