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Investment priorities The Cohesion Fund shall support the following investment priorities within the thematic objectives set out in the first paragraph of Article 9 of Regulation (EU) No 1303/2013, in accordance with the development needs and growth potential referred to in point (a)(i) of Article 15(1) of that Regulation and set out in the Partnership Agreement:

(a) supporting the shift towards a low-carbon economy in all sectors by:

(i) promoting the production and distribution of energy derived from renewable sources;

(ii) promoting energy efficiency and renewable energy use in enterprises;

(iii) supporting energy efficiency, smart energy management and renewable energy use in public infrastructure, including in public buildings, and in the housing sector;

(iv) developing and implementing smart distribution systems that operate at low and medium voltage levels;

(v) promoting low-carbon strategies for all types of territories, in particular for urban areas, including the promotion of sustainable multimodal urban mobility and mitigation-relevant adaptation measures;

(vi) promoting the use of high-efficiency co-generation of heat and power based on useful heat demand;

(b) promoting climate change adaptation, risk prevention and management by:

(i) supporting investment for adaptation to climate change, including ecosystem-based approaches;

(ii) promoting investment to address specific risks, ensuring disaster resilience and developing disaster management systems;

(c) preserving and protecting the environment and promoting resource efficiency by:

(i) investing in the waste sector to meet the requirements of the Union's environmental acquis and to address needs, identified by the Member States, for investment that goes beyond those requirements;

(ii) investing in the water sector to meet the requirements of the Union's environmental acquis and to address needs, identified by the Member States, for investment that goes beyond those requirements;

(iii) protecting and restoring biodiversity and soil and promoting ecosystem services, including through Natura 2000, and green infrastructure;

(iv) taking action to improve the urban environment, to revitalise cities, regenerate and decontaminate brownfield sites (including conversion areas), reduce air pollution and promote noise-reduction measures;

(d) promoting sustainable transport and removing bottlenecks in key network infrastructures by:

(i) supporting a multimodal Single European Transport Area by investing in the TEN-T;

(ii) developing and improving environmentally-friendly (including low-noise) and low-carbon transport systems, including inland waterways and maritime transport, ports, multimodal links and airport infrastructure, in order to promote sustainable regional and local mobility;

(iii) developing and rehabilitating comprehensive, high quality and interoperable railway systems, and promoting noise-reduction measures;

(e) enhancing institutional capacity of public authorities and stakeholders and efficient public administration through actions to strengthen the institutional capacity and the efficiency of public administrations and public services related to the implementation of the Cohesion Fund.