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Mediterranean cooperation: MED adopted

Jun 4, 2015 | News

(04 June 2015) – The European Commission adopted yesterday the 2014-2020 MED transnational cooperation programme.

MED is worth more than €275 million, with €224 million from the European Regional Development Fund (ERDF). A further €9.3 million has been allocated to the programme from the EU’s Instrument for Pre-Accession (IPA).

The programme will promote cooperation between regions from 10 EU Member States (Portugal, Spain, France, Italy, Slovenia, Croatia, Greece, Malta, Cyprus and Gibraltar) and 3 candidate countries (Bosnia-Herzegovina, Montenegro and Albania).

MED will focus on four main priorities:

  • Boosting innovation through collaboration between SMEs, public authorities and research bodies.
  • Investing in the low-carbon economy, through energy efficiency, renewable energy production and use, as well as low carbon mobility.
  • Protecting natural and cultural resources, and biodiversity, through joint analysis and planning, as well as the transfer of good practice.
  • Enhancing Mediterranean governance through cooperation projects involving regional, national and international partners, in order to improve decision-making processes and develop common strategies.

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