A British Overseas Territory, Pitcairn is located in the south of the Pacific Ocean. Its capital is Adamstown, but the general administration is managed by the Pitcairn Islands Office located in Auckland (New Zealand), 5310 km away. Pitcairn has a population of 54 inhabitants.The island’s economy is essentially self-sufficient.
Pitcairn’s economy is largely based on subsistence fishing, horticulture and the sale of handicrafts. Its primary source of income was traditionally the sale of postage stamps. Due to a downturn in the market, Pitcairn now receives budgetary aid from the United Kingdom.
The EU aid under the 10thEuropean Development Fund (EDF) amounts to 2.4 million euros will be used to reinforce the infrastructure programme carried out under the 9th European Development Fund.
Under the Technical Cooperation Facility, Pitcairn was granted €44,729 in order to help the territory to elaborate its Single Programming Document. It was also granted €19,913 of funding to finance a Public Financial Management Assessment.
Through the regional envelope of the 10th EDF, the EU is funding a €12 million regional initiative (INTEGRE) which aims to mitigate the impacts of climate change.
Under the 11th EDF, Pitcairn has been granted an indicative amount of €2.4 million for the period 2014-2020.