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Glossary

INTERREG (2014-2020 period / fifth period)

  • Posted on: 14.05.2015
  • Abbreviation: INTERREG

Website: Link

25 years ago this year, Interreg was developed as a Community Initiative in with a budget of just EUR 1 billion covering exclusively cross-border cooperation. Later, Interreg has been extended to transnational and interregional cooperation. Over the years, Interreg has become the key instrument of the European Union to support cooperation between partners across borders. The aim: to tackle common challenges together and find shared solutions - whether in the field of health, research and education, transport or sustainable energy.

Interreg programmes are funded by the European Regional Development Fund to support the harmonious development of the European Union's territory at different levels.

2014-2020 period – Interreg V

In accordance with the new design of the European Cohesion Policy 2014-2020 and the targets set out in Europe 2020, Interreg has significantly been reshaped to achieve greater impact and an even more effective use of the investments. Key elements of the 2014-2020 reform are:
-Concentration
-Simplification
-Results orientation
The fifth period of Interreg is based on 11 investment priorities laid down in the ERDF Regulation contributing to the delivery of the Europe 2020 strategy for smart, sustainable and inclusive growth. At least, 80% of the budget for each cooperation programme has to concentrate on a maximum of 4 thematic objectives among the eleven EU priorities:

11 priorities

The fifth programming period of Interreg has a budget of EUR 10.1 billion invested in over 100 cooperation programmes between regions and territorial, social and economic partners. This budget also includes the ERDF allocation for Member States to participate in EU external border cooperation programmes supported by other instruments (Instrument for Pre-Accession and European Neighborhood Instrument).

Interreg Budget

Interreg and inter-regional cooperation 2014-2020: state of play - video recording of the briefing (07/05/2015)

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