Through the EEA and Norway Grants, Iceland, Liechtenstein and Norway contribute to reducing disparities in Europe and to strengthening bilateral relations with 16 European countries in central and southern Europe. The three countries cooperate closely with the EU through the Agreement on the European Economic Area (EEA).
The EEA Grants are jointly financed by Iceland, Liechtenstein and Norway, who contribute according to their size and economic wealth. Of the €993 million set aside under the EEA Grants for the 2009-14 period, Norway provides 95.8%, Iceland 3.0% and Liechtenstein 1.2%. The EEA Grants are available to 16 beneficiary countries in Europe. The Norway Grants are financed by Norway alone and amount to €804.6 million. The Norway Grants are available to the 13 countries that have joined the EU and the EEA since 2004. The size and the distribution of the EEA and Norway Grants to the 16 beneficiary countries is agreed between the three donor countries and the EU through five-year agreements. In the current period, projects may be implemented until 2016.
The funding is targeted on areas where there are demonstrable needs in the beneficiary countries, and that are in line with national priorities and wider European goals. Key areas of support include environmental protection, climate change and renewable energy, carbon capture and storage, green industry innovation, civil society, children and health, cultural heritage, research and scholarships, decent work, and justice and home affairs. Grants are available for non-governmental organisations, research and academic institutions, and the public and private sectors.
For more information, please visit the official website.