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The European Regional Development Fund, 2007–2013. The European Regional Development Fund (ERDF) is one of the European Structural and Investment Funds allocated by the European Union. Its purpose is to transfer money from richer regions (not countries), and invest it in the infrastructure and services of underdeveloped regions.
The EUR 8.7 billion allocated to the European Territorial Cooperation objective represents 2.5% of the total budget for Cohesion Policy in 2007–2013 and is financed by the European Regional Development Fund (ERDF). It supports cross-border, transnational and interregional cooperation programmes, helping Member States to participate in ...
Regional policy projects in less developed regions are supported by three European funds: the European Regional Development Fund (ERDF), the European Social Fund (ESF) and the Cohesion Fund. The European Investment Bank (EIB) has pledged to increasing its support for certain regions in its Cohesion Orientation for 2021–2027. [30]
The European Structural and Investment Funds (ESI Funds) are the European Union's main investment policy tools. Currently they fall under five categories: European Regional Development Fund (ERDF), European Social Fund (ESF), Cohesion Fund (CF), European Agricultural Fund for Rural Development, and the European Maritime and Fisheries Fund (EMFF).
Effectively programming the European Development Fund (EDF) is a major political, policy and bureaucratic challenge, involving multiple stakeholders, namely the European Commission (EC), the European External Action Service (EEAS), 28 EU member states, the European Parliament, 74 governments from the Africa, Caribbean and Pacific (ACP) group of ...
Interreg is designed to stimulate cooperation between member states of the European Union on different levels. One of its main targets is to diminish the influence of national borders in favor of equal economic, social and cultural development of the whole territory of the European Union. [citation needed]
The European Grouping of Territorial Cooperation (EGTC) [3] enables public bodies, regional and local authorities, associations and also EU Member States to create a new cooperation entity with a legal personality. The inception of this new instrument for cooperation at Community level in the framework of regional policy was in 2006.
BalticClimate is the acronym for the project "Baltic Challenges and Chances for local and regional development generated by Climate Change". It was approved in October 2008 in the first Call of the "Baltic Sea Region Programme 2007–2013", a programme financed from the European Regional Development Fund (ERDF), the European Neighbourhood and Partnership Instrument (ENPI), the Norwegian ...