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Monday, September 19, 2005

Environment: Commission supports 89 innovation projects in 17 countries with €71 million

Environment, Innovation,

News The European Commission has approved funding for 89 environmental innovation projects in 17 countries under the LIFE-Environment programme 2005. These projects will demonstrate new methods and techniques for dealing with a wide diversity of environmental problems, thus contributing to improving Europe’s environment.

The projects are led by ‘beneficiaries’, or project promoters, based in Belgium, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Luxembourg, Netherlands, Portugal, Romania, Spain, Sweden and the United Kingdom. They represent a total investment of €220 million, of which the EU will provide €71 million. LIFE is the EU’s financial instrument supporting environmental and nature conservation projects throughout the EU, as well as in some acceding, candidate, and neighbouring countries. Its objective is to contribute to the development and implementation of EU environmental policy by financing specific actions. Since 1992, LIFE has co-financed some 2 500 projects, contributing €1 500 million to the protection of the environment. LIFE-Environment, which finances innovative pilot and demonstration projects, is one of three thematic components under the LIFE programme. The other two components are LIFE Nature and LIFE Third Countries.

Source :  European Commission Press release


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