Today, the Government and the EU signed the agreements on Norway’s new contributions to the least prosperous countries in the EEA. Norway will provide around NOK 3.3 billion (approximately EUR 391.4 million) annually in the period 2014-2021.‘In the coming years, the EEA and Norway Grants will primarily be used to promote innovation and growth in Europe through cooperation between Norway and the beneficiary countries,’ said Minister of EEA and EU Affairs Elisabeth Aspaker.
The Government will give priority to supporting efforts in the areas of innovation, research and education. Energy security, climate change and greater cooperation between Norway and the beneficiary countries in the area of justice and home affairs will also be key focus areas.
The Government will also continue to use the EEA and Norway Grants to strengthen democratic processes and respect for human rights in Europe. This includes improving living conditions for the Roma. A regional fund of EUR 100 million is also being established. There are a number of challenges in Europe that affect several countries or regions and that can only be tackled through cross-border efforts.
Facts about the EEA and Norway Grants
The EEA and Norway Grants scheme consists of two financial mechanisms. One is funded solely by Norway (the Norway Grants), and amounts to EUR 179.1 million a year for the 2014–2021 period. The other (the EEA Grants) amounts to EUR 221.2 million a year, and includes a combined contribution from Iceland and Liechtenstein of around 4 % of the total.
The beneficiary countries for the new funding period are: Bulgaria, Croatia, Cyprus, the Czech Republic, Estonia, Greece, Hungary, Latvia, Lithuania, Malta, Poland, Portugal, Romania, Slovakia and Slovenia.
Working Together for a Green, Competitive and Inclusive Europe (fact sheet)
Read more on the Norwegian Ministry of Foreign Affairs' website.