For the 2009-2014 period, €988.5 million were made available for projects in the 10 new EU members, and to Greece, Portugal and Spain. Additionally Norway has made €800 million available to projects in the 10 new member states through the Norwegian Financial Mechanism. Thus, a total of € 1.79 billion have been made available for projects in the priority sectors of the financial mechanisms for the period 2009-2014.
The overall objectives of these Financial Mechanisms for the 2009-2014 are:
To contribute to the reduction of economic and social disparities in the European Economic Area, and
To strengthen bilateral relations between the Donor States and the Beneficiary States through financial contributions in the priority sectors.
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Malta has received €4.5 Million from Norway, Iceland and Liechtenstein after two separate Memorandums of Understanding (MoUs) were signed on 27th September 2011 between the four countries on the Implementation of the EEA and the Norwegian Financial Mechanisms for the 2009-2014 programme period. €2.9 Million were allocated under the EEA Financial Mechanism whilst €1.6 Million were allocated under the Norwegian FM.
An MoU is concluded between the EFTA states and each Beneficiary state - one for each mechanism - in order to ensure the effective implementation of the mechanisms. The Beneficiary States set priorities and propose, develop and implement projects.
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The Financial Mechanisms support projects implemented in the various Beneficiary States which target a wide range of priority areas. The financial contributions under the EEA FM are available under the following priority sectors:
- Environmental protection and management
- Climate change and renewable energy
- Civil society
- Human and social development
- Protecting cultural heritage
- Research and scholarship (on above priorities)
The Norwegian FM has the following priorities:
- Carbon capture and storage
- Green industry innovation
- Promotion of decent work and tripartite dialogue
- Human and social development
- Justice and home affairs
- Research and scholarship (on above priorities)
The chosen priority sectors and programme areas agreed upon between Malta and the Donor States through the MoUs are:
| |
Priority Areas |
Programme Areas |
|---|
| 1 |
Climate Change and Renewable Energy |
Renewable Energy
Adaptation to Climate Change |
|---|
| 2 |
Civil Society |
Funds for Non-Governmental Organisations |
|---|
| 3 |
Protecting Cultural Heritage |
Conservation and Revitilisation of Cultural and Natural Heritage |
|---|
| NORWEGIAN FM |
|---|
| |
Priority Areas
|
Programme Areas |
|---|
| 1 |
Decent work and Tripartite Dialogue |
Global fund for Decent Work and Tripartite Dialogue
|
|---|
| 2 |
Human and Social Development |
Capacity - building and Institutional Cooperation between Beneficiary State and Norwegian Public institutions, Local and regional Authorities |
|---|
| 3 |
Justice and Home Affairs
|
Correctional Services, including Non-custodial Sanctions |
|---|
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Memorandum of Understanding on the Implementation of:
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