The EEA and Norway Grants
The European Economic Area (EEA) Agreement includes a goal to reduce social and economic disparities in the European Economic Area. Thus, the EEA EFTA States Iceland, Liechtenstein and Norway have contributed to European cohesion efforts through various financial mechanisms since the EEA Agreement entered into force in 1994.
For the period 2014-2021, Norway’s annual contribution to 15 beneficiary states through the current EEA and Norway Grants scheme will be 391 million euro.
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- Norway participates in a number of EU programmes through provisions in the EEA Agreement or on the basis of bilateral agreements with the EU. The largest are the Horizon 2020 and, Erasmus+, Galileo and Copernicus. Norway contributes to the budget of the programmes it participates in, and on equal footing with EU member states. For the period 2014-2020, Norway’s average annual commitment is 447 million euros.
- Norway’s cooperation with the EU in the field of justice and home affairs, including participation in the Schengen cooperation and agreements on cooperation in various areas, also entails some financial contributions. The annual contribution in 2015 was almost 6 million euro.
- In addition, for the period 2014-2020, Norway contributes around 25 million euro annually for our contribution in programmes under the European Territorial Cooperation INTERREG.
- The EEA EFTA states normally fund their participation in EU programmes and agencies by an amount corresponding to the relative size of their GDP compared to the GDP of the whole EEA (proportionality factor). The EEA EFTA states participation is hence on equal footing with EU member states.