Thursday, 12 december 2019
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Norway Grants

Financial Mechanism of the European Economic Area and the Norwegian Financial Mechanism

Financial Mechanism of the European Economic Area and the Norwegian Financial Mechanism are the instruments which enable Poland and other new Member Countries to obtain funds from additional sources, besides of the Structural Funds and the Cohency Fund.The resources are donated by three EFTA (European Free Trade Association) countries – Norway, Island and Liechtenstein.

The Financial Mechanisms are implemented in two editions, covering periods respectively: 2004 – 2009 and 2009 – 2014.

The technical assistance project PL0435 was implemented within the Norwegian Financial Mechanism 2004 - 2009.

The legal basis for the implementation of the above-mentioned Financial Mechanisms were two Memoranda of Understanding, signed between Poland and the donor-countries (Norway, Island and Liechtenstein), regarding the implementation of the Financial Mechanism of the European Economic Area and the Norwegian Financial Mechanism. The total amount of 533,51 mln euro contributed to Poland was used for the initiatives implemented within 10 defined priorities.

The implementation of the Financial Mechanism in Poland was based on the Operation Program and the guidelines prepared by the donor-countries. The both Financial Mechanisms were covered by the same rules and procedures and were a subject of management and implementation system in Poland.

Ministry of Regional Development  - as the National Contact Point coordinated all activities concerning implementation of the two above-mentioned Financial Mechanisms.

Ministry of Foreign Affairs(previous Office of the Committee for European Integration) was theIntermediate Body for priority sector no 2.10:Technical assistance relating to implementation of acquis communautaire.

The additional information on Financial Mechanisms can be found on the below websites:
www.eog.gov.pl

www.eeagrants.org

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