EEA and Norway Grants

The “ECOAGE: Intergenerational solidarity towards an ecological life in Cyprus” project benefits from a grant under the Active Citizens Fund Cyprus programme, funded by Iceland, Liechtenstein and Norway, through the EEA and Norway Grants 2014-2021.

The EEA and Norway Grants represent the contribution of Iceland, Liechtenstein and Norway towards a green, competitive and inclusive Europe.

There are two overall objectives: the reduction of economic and social disparities in Europe, and the strengthening of the bilateral relations between the donor countries and 15 European Union countries in Central and Southern Europe and the Baltics. The three donor countries cooperate closely with the European Union through the Agreement on the European Economic Area (EEA). The donors have provided €3.3 billion through consecutive grant schemes between 1994 and 2014.

For the period 2014-2021, the EEA and Norway Grants amount to €2.8 billion. The priorities for this period are:

  1. Innovation, Research, Education and Competitiveness
  2. Social Inclusion, Youth Employment and Poverty Reduction
  3. Environment, Energy, Climate Change and Low Carbon Economy
  4. Culture, Civil Society, Good Governance and Fundamental Rights
  5. Justice and Home Affairs

Eligibility for the Grants mirror the criteria set for the European Union Cohesion Fund aimed at member countries where the Gross National Income (GNI) per inhabitant is less than 90% of the European Union average.

The EEA and Norway Grants scheme consists of two financial mechanisms. The EEA Grants are jointly financed by Iceland, Liechtenstein and Norway, whose contributions are based on their GDP. Norway Grants are financed solely by Norway.

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