Mediterranean countries join forces to promote smart and sustainable growth

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The European Commission adopted today the 2014-2020 MED transnational cooperation programme, 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, UK - Gibraltar) and 3 candidate countries (Bosnia-Herzegovina, Montenegro, Albania).

The Programme will focus on four main priorities:

  • Boosting innovation through collaboration between SMEs, public authorities and research bodies, in order to promote smart and sustainable growth.
  • 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.

The impacts of the programme are expected to include:

  • Foster innovation  of public and private actors involved in green and blue growth sectors, creative industries and social economy, increasing by 16% the share of innovative clusters involved in transnational activities;
  • Raise capacity for better management of energy in public buildings by doubling the number of plans with energy management measures for public building stocks;
  • Increase access and use of sustainable transports systems by doubling the share of urban plans with low carbon transport soft actions;
  • Improve by 10% the level of sustainability of tourism in MED coastal regions, through better cooperation and joint and integrated planning ;

The launch of the MED Programme 2014-2020 will take place on 23 June 2015 in Marseille.

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