EU funds for roads - CEDR
EU funds for roads - CEDR
EU funds for roads - CEDR
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The <strong>EU</strong> provides these <strong>funds</strong> as grants to more than 160 countries and territories all over<br />
the world. These grants are direct financial contributions from the general <strong>EU</strong> budget<br />
(through various financial instruments/programmes) or from the European Development<br />
Fund (EDF) and fall into two broad categories:<br />
o grants <strong>for</strong> actions, which seek to achieve an objective that <strong>for</strong>ms part of an external aid<br />
programme and<br />
o operating grants <strong>for</strong> the financing of the operating expenditure of an <strong>EU</strong> body that is<br />
pursuing an aim of general European interest or an objective that <strong>for</strong>ms part of an <strong>EU</strong><br />
policy.<br />
These <strong>EU</strong> grants are:<br />
- Based on the reimbursement of the eligible costs, in other words, costs effectively<br />
incurred by the beneficiaries that are deemed necessary <strong>for</strong> carrying out the activities in<br />
question. The results of the action remain the property of the beneficiaries.<br />
- Subject to a written agreement signed by the two parties and, as a general rule, require<br />
co-financing by the grant beneficiary.<br />
Since grants cover a very diverse range of fields, the specific conditions that need to be<br />
fulfilled (eligibility etc.) may vary from one area of activity to another.<br />
Financial Instruments (<strong>funds</strong>) used<br />
For the 2007–2013 financial perspective, the <strong>EU</strong> has adopted a package of six financial<br />
instruments <strong>for</strong> the implementation of external assistance.<br />
European Neighbourhood and Partnership Instrument (ENPI)<br />
European Development Fund (EDF)<br />
Development Cooperation Instrument (DCI)<br />
European Instrument <strong>for</strong> Democracy & Human Rights (EIDHR)<br />
Instrument <strong>for</strong> Stability (IfS)<br />
Nuclear Safety Cooperation Instrument (NSCI)<br />
Details of these financial instruments are presented in Annex 2.<br />
The <strong>funds</strong> originally available <strong>for</strong> each financial instrument (fund) <strong>for</strong> the period 2007–2013<br />
are given below (all figures are in € billion):<br />
o ENPI : 10.6<br />
o EDF : 22.6<br />
o DCI : 15.1<br />
o EIDHR : 1.1<br />
o IfS : 2.5<br />
o NSCI : 0.5<br />
o Other : 8.4<br />
--------- ------------<br />
TOTAL : €60.8 billion<br />
<strong>EU</strong> <strong>funds</strong> <strong>for</strong> <strong>roads</strong>