The PEACE III Programme for Northern Ireland and the Border Region of Ireland is a distinctive programme part-funded by the European Union (€225 million from the EU with further national contributions of €108 million) through its Regional Policy funds. The main aims of the PEACE III Programme are to reinforce progress towards a peaceful and stable society and to promote reconciliation by assisting operations and projects which help to bring communities together and contribute towards a shared society for everyone. The launch of the PEACE Programme in 1995 was the direct result of the European Union’s desire to respond positively to new opportunities in the Northern Ireland peace process during the paramilitary ceasefire announcements. Since then the EU has provided additional financial assistance through the PEACE II Programme as well as the current PEACE III (2007-2013), with a total of €1.3 billion. The programme's strong emphasis on bottom-up involvement brings communities together at local level to create a shared vision of society, work together on shared community infrastructure and acknowledge and deal with the past.