New European Bauhaus & Fisheries Initiatives Quiz
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Questions and Answers

What is the purpose of Fisheries Local Action Groups (FLAGs)?

  • To develop local development strategies for fisheries-related stakeholders. (correct)
  • To provide fishing licenses to local fishermen.
  • To regulate fishing quotas in local waters.
  • To promote international trade in fish products.
  • Which of the following is NOT one of the inseparable values of the New European Bauhaus initiative?

  • Inclusion
  • Profitability (correct)
  • Aesthetics
  • Sustainability
  • How does the New European Bauhaus initiative aim to influence society?

  • By enforcing mandatory regulations across EU member states.
  • By solely focusing on urban development.
  • By promoting individualistic artistic expressions.
  • By fostering collaboration among citizens, experts, and businesses. (correct)
  • What kind of support is available for local initiatives in fishing communities?

    <p>Subsidies and EU aid for economic development projects.</p> Signup and view all the answers

    What aspect of sustainability does the New European Bauhaus initiative prioritize?

    <p>Biodiversity and climate goals.</p> Signup and view all the answers

    Which of the following is a key focus area for FLAGs when developing local strategies?

    <p>Addressing pressing economic, social, and environmental priorities.</p> Signup and view all the answers

    What types of projects can EU funding support under the New European Bauhaus initiative?

    <p>Beautiful, sustainable, and inclusive projects.</p> Signup and view all the answers

    What role do staff play in the context of local development strategies for fishing communities?

    <p>They assist individuals in developing project ideas.</p> Signup and view all the answers

    What is one of the primary functions of the EUI in supporting urban authorities?

    <p>Providing 80% direct financial support</p> Signup and view all the answers

    What does the TAIEX-REGIO Peer2Peer tool primarily focus on?

    <p>Facilitating knowledge exchange among EU funding bodies</p> Signup and view all the answers

    Which investment forms can be used under JESSICA for sustainable urban development?

    <p>Equity, loans, and guarantees</p> Signup and view all the answers

    What is the minimum investment programme amount that ELENA typically supports?

    <p>€30 million</p> Signup and view all the answers

    How does ELENA encourage project attractiveness for contractors?

    <p>By supporting aggregation of different projects</p> Signup and view all the answers

    What overall purpose does the European Local Energy Assistance (ELENA) serve?

    <p>Offering technical assistance for energy efficiency investments</p> Signup and view all the answers

    Which entity collaborates with the European Commission on JESSICA?

    <p>European Investment Bank</p> Signup and view all the answers

    What key aspect does the EUI enhance for cities in urban planning?

    <p>Access to knowledge on sustainable urban development</p> Signup and view all the answers

    What is one primary objective of the European Pillar of Social Rights?

    <p>Enhancing the effectiveness of labor markets</p> Signup and view all the answers

    Which of the following groups is specifically mentioned as a target for socioeconomic inclusion initiatives?

    <p>People with special needs</p> Signup and view all the answers

    What percentage of funding must all regions and Member States allocate to urban development under the ERDF?

    <p>8%</p> Signup and view all the answers

    Which of the following areas does the ERDF focus on as part of thematic concentration?

    <p>Economic development and social innovation</p> Signup and view all the answers

    How does the European Pillar of Social Rights aim to improve health care access?

    <p>By ensuring equal access and fostering resilience in health systems</p> Signup and view all the answers

    What role does civil society play in local development according to the content?

    <p>Enhancing community engagement and participatory initiatives</p> Signup and view all the answers

    Which of the following does NOT reflect the goals of sustainable development as mentioned?

    <p>Short-term economic gain</p> Signup and view all the answers

    What is a key focus of the investments made under the ERDF?

    <p>Climate objectives contributing at least 30% of the funding</p> Signup and view all the answers

    According to Certified Institute of Management Accountants (CIMA), a budget is a "______ expression of a plan for a defined period of time".

    <p>quantitative</p> Signup and view all the answers

    What are the three main components of a budget?

    <p>Revenues, Costs, and Profits</p> Signup and view all the answers

    Which type of budget helps a business determine when they will have enough income to cover expenses and when they might need to seek outside financing?

    <p>Cash flow/cash Budget</p> Signup and view all the answers

    What are some examples of fixed costs?

    <p>Examples of fixed costs include rent, leased furniture, and insurance.</p> Signup and view all the answers

    What are some examples of variable costs?

    <p>Examples of variable costs include the cost of raw materials needed to make products, inventory, and freight.</p> Signup and view all the answers

    The ______ is the detail of cash received and cash expended for each month of the year.

    <p>Cash flow statement</p> Signup and view all the answers

    The profit and loss statement is the only financial statement needed to effectively manage a business.

    <p>False</p> Signup and view all the answers

    A reactive manager analyzes financial statements on a regular basis to plan for potential problems or opportunities.

    <p>False</p> Signup and view all the answers

    Financial reports are an important component of financial controls.

    <p>True</p> Signup and view all the answers

    What is the accounting equation?

    <p>Assets = Liabilities + Owner’s Equity</p> Signup and view all the answers

    What financial statement shows the financial position of a business at a specific point in time?

    <p>The balance sheet</p> Signup and view all the answers

    What financial statement demonstrates the relationship between income and expenses for a specified period?

    <p>The profit and loss statement</p> Signup and view all the answers

    What financial statement details the cash received and cash expended for each month of the year?

    <p>The cash flow statement</p> Signup and view all the answers

    What are the three major financial reports used for financial management?

    <p>The balance sheet, the profit and loss statement and the cash flow statement.</p> Signup and view all the answers

    What are proactive financial controls used for?

    <p>Proactive financial controls are used for planning ahead for problems and opportunities.</p> Signup and view all the answers

    Businesses that are managed proactively are more likely to be successful than those that are reactively managed.

    <p>True</p> Signup and view all the answers

    What can internal auditors do to help minimize risk in the financial control area?

    <p>Internal auditors can evaluate and strengthen the financial internal controls, such as documenting, assessing, and regularly testing them.</p> Signup and view all the answers

    What are the three components of the Fraud Triangle?

    <p>Pressure, Opportunity, and Rationalization.</p> Signup and view all the answers

    What is the role of internal auditors in identifying and addressing financial control risks?

    <p>Internal auditors identify and assess financial control risks by examining the processes and functions within an organization and determining whether the current controls are sufficient to protect the organization from those risks.</p> Signup and view all the answers

    What are some examples of areas where internal auditors should focus their risk assessments?

    <p>Examples of areas to focus on include the cash disbursements process, the payroll function, financial reporting, general ledger and inventory reconciliation, and management reporting.</p> Signup and view all the answers

    What is the purpose of a remediation plan?

    <p>A remediation plan outlines the steps to address and correct financial control weaknesses or gaps and includes a timeline for completion.</p> Signup and view all the answers

    Remediation efforts in financial controls are a one-time process.

    <p>False</p> Signup and view all the answers

    It is important for businesses to implement strong financial controls because they help promote a reliable and accurate financial reporting system, protect the business, and generate higher profits for the business.

    <p>True</p> Signup and view all the answers

    What are the three major financial reports used for financial management discussed in the text?

    <p>The balance sheet, the profit and loss statement, and the cash flow statement.</p> Signup and view all the answers

    What is a balance sheet?

    <p>A balance sheet provides a snapshot of a business’s financial position at a specific point in time, reflecting the assets, liabilities, and owner’s equity of the business.</p> Signup and view all the answers

    What is the profit and loss statement?

    <p>The profit and loss statement demonstrates the financial performance of a business during a specified period, showing revenues, costs, and the resulting net income or loss.</p> Signup and view all the answers

    What is the cash flow statement?

    <p>The cash flow statement details the inflow and outflow of cash for a specified period. It helps businesses understand the movement of cash and its impact on the business’s financial health.</p> Signup and view all the answers

    Financial reports highlight the progress and current condition of the business.

    <p>True</p> Signup and view all the answers

    What is the difference between proactive and reactive financial management?

    <p>A proactive manager is proactive in analyzing and responding to financial data regularly. A reactive manager tends to wait for problems to occur before taking action.</p> Signup and view all the answers

    Pro forma financial statements represent actual financial data.

    <p>False</p> Signup and view all the answers

    It is always advisable to use the maximum amount of free software available to reduce costs and improve efficiency.

    <p>False</p> Signup and view all the answers

    What is the purpose of the European Innovation Partnership for agricultural productivity and sustainability (EIP-Agri)?

    <p>The EIP-Agri aims to support innovation in agriculture, food, and forestry by providing a platform for sharing expertise, knowledge transfer, and collaborative projects.</p> Signup and view all the answers

    The European Network for Rural Development (ENRD) focuses on disseminating best practices and knowledge for improved rural development.

    <p>True</p> Signup and view all the answers

    The European Regional Development Fund (ERDF) and the Cohesion Fund support projects focused on achieving a greener, low-carbon transition towards a net-zero carbon economy.

    <p>True</p> Signup and view all the answers

    EU4Health is the largest EU health programme to date.

    <p>True</p> Signup and view all the answers

    What is the primary objective of the Just Transition Mechanism?

    <p>The Just Transition Mechanism aims to provide tailored support to coal-intensive regions, including vulnerable communities and workers, in their transition to a greener economy.</p> Signup and view all the answers

    What are the key elements of the Just Transition Mechanism?

    <p>The three key elements of the Just Transition Mechanism include the Just Transition Fund, a dedicated scheme under InvestEU, and a public sector loan facility with the EIB Group.</p> Signup and view all the answers

    What is the objective of the Modernization Fund?

    <p>The Modernization Fund aims to support 10 lower-income EU Member States in transitioning to climate neutrality by funding investments in energy efficiency and renewable energy sources, as well as projects focused on the Just Transition in carbon-dependent regions.</p> Signup and view all the answers

    The European Investment Bank (EIB supports investments focused on traditional fossil fuel energy projects.

    <p>False</p> Signup and view all the answers

    What is the objective of the Innovation Fund?

    <p>The Innovation Fund supports the development of innovative, low-carbon technologies that have the potential to significantly reduce greenhouse gas emissions.</p> Signup and view all the answers

    What is the primary focus of the European Energy Efficiency Fund (EEEF)?

    <p>The EEEF focuses on providing market-based financing to support commercially viable public projects in the areas of energy efficiency, renewable energy, and clean transport, particularly in urban settings.</p> Signup and view all the answers

    What is the role of the Recovery and Resilience Facility (RRF)?

    <p>The RRF is a key instrument for helping the EU emerge from the COVID-19 pandemic, supporting green and digital transitions, boosting economic growth and creating jobs.</p> Signup and view all the answers

    What is the primary objective of REPowerEU?

    <p>REPowerEU is aimed at reducing the EU’s dependence on Russian fossil fuels, increasing energy efficiency, diversifying energy supplies, and promoting the production of clean energy, such as renewable hydrogen, via a number of measures.</p> Signup and view all the answers

    The EU Digital COVID Certificate has been a success in providing citizens with a universally accepted and trusted tool.

    <p>True</p> Signup and view all the answers

    The EU has fully achieved its goal of ensuring a sustainable and resilient blue economy.

    <p>False</p> Signup and view all the answers

    What is the objective of the European Maritime, Fisheries, and Aquaculture Fund (EMFAF)?

    <p>The EMFAF supports the sustainable use and management of marine resources, promoting a resilient blue economy, and ensuring healthy, safe, and sustainably managed oceans.</p> Signup and view all the answers

    What is the primary focus of the Creative Europe Programme?

    <p>The Creative Europe Programme aims to support the cultural and audiovisual sectors by providing opportunities for operators to develop, co-produce, and distribute European works and make them accessible to a wider audience.</p> Signup and view all the answers

    What is the main goal of the Erasmus Plus Programme?

    <p>The Erasmus Plus Programme aims to promote the exchange of learning experiences, foster international collaboration, support education, training, youth, and sports, and encourage inclusiveness, innovation, and the green and digital transitions.</p> Signup and view all the answers

    What is the objective of the European Solidarity Corps?

    <p>The European Solidarity Corps aims to support young people who are willing to engage in various solidarity activities across the EU and beyond, promoting a spirit of volunteering and inclusiveness.</p> Signup and view all the answers

    What is the purpose of the Internal Security Fund (ISF)?

    <p>The ISF aims to support efforts to maintain a high level of security in the EU, by addressing terrorism, radicalisation, crime, cybercrime, and other threats and by protecting victims of crime.</p> Signup and view all the answers

    What is the objective of the European Defence Fund (EDF)?

    <p>The EDF aims to support the EU’s defense industry by fostering an innovative and competitive defense industrial base and funding collaborative research and development projects.</p> Signup and view all the answers

    What is the main purpose of the EU Civil Protection Mechanism and rescEU?

    <p>The EU Civil Protection Mechanism and rescEU are aimed at helping to safeguard citizens and manage emerging risks by coordinating the response to disasters across Europe and beyond.</p> Signup and view all the answers

    What is the objective of the Solidarity and Emergency Aid Reserve (SEAR)?

    <p>The SEAR responds to unforeseen circumstances, such as natural disasters and emergencies, by providing financial support to affected countries and regions.</p> Signup and view all the answers

    What is the primary focus of the Connecting Europe Facility (CEF)?

    <p>The CEF aims to enhance the EU’s connectivity by providing financial support for projects related to transport, energy, and digital infrastructure.</p> Signup and view all the answers

    What is the objective of the Citizens, Equality, Rights, and Values (CERV) programme?

    <p>The CERV programme aims to protect and promote rights and values enshrined in EU Treaties and the EU Charter of Fundamental Rights, supporting the development of inclusive societies.</p> Signup and view all the answers

    What is the objective of the Justice programme?

    <p>The Justice programme supports the further development of the EU area of justice by promoting the rule of law, access to justice, judicial training, and judicial cooperation.</p> Signup and view all the answers

    What is the objective of the EU Anti-Fraud Programme?

    <p>The EU Anti-Fraud Programme aims to coordinate and support the fight against fraud, tax evasion, and corruption by providing financial, technical, and information support to member states.</p> Signup and view all the answers

    What is the primary function of the Pericles IV programme?

    <p>The Pericles IV programme focuses on preventing and combating counterfeiting and related fraud, safeguarding the euro banknotes and coins, and promoting trust in the EU's economy.</p> Signup and view all the answers

    The LIFE programme is dedicated to protecting and promoting the environment and climate action.

    <p>True</p> Signup and view all the answers

    What are the four sub-programmes of the LIFE Programme?

    <p>The four sub-programmes of the LIFE Programme include Nature and Biodiversity, Circular Economy and Quality of Life, Climate Change Mitigation and Adaptation, and Clean Energy Transition.</p> Signup and view all the answers

    What is the primary objective of the Euratom 2021-2025 research and training programme?

    <p>The Euratom programme focuses on the continuous improvement of nuclear safety, security, and radiation protection through research and training activities.</p> Signup and view all the answers

    What is the main objective of the Research Fund for Coal and Steel (RFCS)?

    <p>The RFCS aims to support high-quality research projects that aim to enhance the competitiveness of the EU’s coal and steel industries by funding research in areas such as core production processes, new products and applications, quality control, utilisation and conversion of resources, safety at work, environmental protection, and social issues.</p> Signup and view all the answers

    What is the purpose of the European Space Programme?

    <p>The European Space Programme supports the EU’s space policy through investments in technologies and infrastructure for Earth observation, satellite navigation and connectivity, space research, and innovation. It also fosters a competitive space industry and promotes a new space economy, encouraging entrepreneurship.</p> Signup and view all the answers

    The European Space Programme only focuses on research and does not provide concrete services to citizens.

    <p>False</p> Signup and view all the answers

    What is the name of the European Earth Observation (EO) system?

    <p>Copernicus</p> Signup and view all the answers

    What is the primary function of the European Geostationary Navigation Overlay Service (EGNOS)?

    <p>The EGNOS provides a reliable navigation signal that improves navigation services in aviation, maritime and land-based applications.</p> Signup and view all the answers

    What is the main goal of the European Union’s space-based secure connectivity system?

    <p>The EU’s secure connectivity system will provide worldwide access to secure and cost-effective satellite communications services, particularly for governmental communications and commercial use.</p> Signup and view all the answers

    The European Union is one of the world’s leading donors of humanitarian aid.

    <p>True</p> Signup and view all the answers

    What are some types of organisations that receive funding from the EU’s humanitarian aid budget?

    <p>Organisations that receive funding include United Nations agencies, other international organisations such as the Red Cross and Red Crescent Movement, and non-governmental organisations.</p> Signup and view all the answers

    What are the main areas of the Neighbourhood, Development, and International Cooperation Instrument (NDICI – Global Europe)?

    <p>The three main areas of the NDICI – Global Europe are Geographical, Thematic, and Rapid Response.</p> Signup and view all the answers

    The NDICI – Global Europe is primarily focused on providing grants.

    <p>False</p> Signup and view all the answers

    What is the purpose of the European Instrument for International Nuclear Safety Cooperation (INSC)?

    <p>The INSC promotes nuclear safety and security by supporting non-EU countries and establishing partnerships with them through measures such as knowledge sharing, technical assistance, training, and equipment provision.</p> Signup and view all the answers

    The European Instrument for International Nuclear Safety Cooperation (INSC) primarily focuses on the development of nuclear technology and does not involve collaboration with other countries.

    <p>False</p> Signup and view all the answers

    What key area does the European Union heavily invest in to address climate change?

    <p>The EU invests heavily in the energy sector, supporting projects that promote renewable energy, energy efficiency, and the development of innovative technologies.</p> Signup and view all the answers

    The EU has a single, overarching fund dedicated to supporting climate change mitigation and adaptation.

    <p>False</p> Signup and view all the answers

    Besides grants, what other forms of financial assistance does the EU use to support climate change mitigation and adaptation?

    <p>The EU uses a variety of financial instruments, including loans, guarantees, and technical assistance, to support climate actions.</p> Signup and view all the answers

    The European Regional Development Fund (ERDF) and the Cohesion Fund support projects related to achieving a greener, low-carbon transition towards a net-zero carbon economy.

    <p>True</p> Signup and view all the answers

    The Just Transition Mechanism is a new initiative that exclusively provides grants, without utilizing any other financial resources, to support coal-intensive regions in their transition to a greener economy.

    <p>False</p> Signup and view all the answers

    What are the three pillars of the Just Transition Mechanism?

    <p>The three pillars of the Just Transition Mechanism include the Just Transition Fund for grants, a dedicated scheme under InvestEU, and a public sector loan facility with the EIB Group.</p> Signup and view all the answers

    What is the primary objective of the EU’s pre-accession assistance program for candidate countries?

    <p>The primary objective of the pre-accession assistance program is to support candidate countries as they pursue EU membership, offering support for reforms, socioeconomic development, and aligning with EU values and standards.</p> Signup and view all the answers

    What are some of the key areas of support provided under the EU’s pre-accession assistance program?

    <p>The key areas of support include the rule of law, fundamental rights and democracy, good governance, alignment with EU legislation, strategic communication, green agenda, sustainable connectivity, competitiveness, inclusive growth, territorial and cross-border cooperation.</p> Signup and view all the answers

    The EU’s pre-accession assistance program is primarily managed through direct management by the European Commission.

    <p>True</p> Signup and view all the answers

    What is the goal of the European Instrument for International Nuclear Safety Cooperation (INSC)?

    <p>The INSC aims to promote nuclear safety and security and to protect the environment by supporting non-EU countries.</p> Signup and view all the answers

    How does the INSC achieve its objectives?

    <p>The INSC provides services, equipment, technical assistance, training, and tutoring to beneficiary countries. It also facilitates multilateral assistance and cooperation projects.</p> Signup and view all the answers

    The EU is the world’s largest donor of development assistance.

    <p>True</p> Signup and view all the answers

    The NDICI – Global Europe is a new instrument that combines various former EU external financing instruments to support development and humanitarian aid.

    <p>True</p> Signup and view all the answers

    What are the three key areas of the NDICI – Global Europe?

    <p>The three key areas are Geographical, Thematic, and Rapid Response.</p> Signup and view all the answers

    The EU provides funding exclusively through grants to support projects and organizations aligned with development goals.

    <p>False</p> Signup and view all the answers

    What are some of the various ways that the EU provides funding to support development and humanitarian aid?

    <p>The EU provides funding through grants, public contracts, and budgetary and sector support.</p> Signup and view all the answers

    The EU’s response to the coronavirus pandemic has been solely focused on providing financial aid to its member states.

    <p>False</p> Signup and view all the answers

    Besides financial support, what other initiatives has the EU undertaken in response to the COVID-19 pandemic?

    <p>The EU has taken a variety of initiatives in its response to the pandemic, including the development of the EU Digital COVID Certificate, the launch of the EU vaccine strategy, crisis preparedness and response measures, and efforts to provide humanitarian aid to countries in need.</p> Signup and view all the answers

    What is the primary goal of the EU's response to the coronavirus crisis?

    <p>The EU’s main goal has been to coordinate the efforts of its member states to contain the pandemic and help them to recover from its social and economic consequences.</p> Signup and view all the answers

    The EU created a recovery package worth €2.018 trillion to assist its member states in addressing the COVID-19 crisis.

    <p>True</p> Signup and view all the answers

    The EU’s Temporary Protection Directive allows Ukrainian citizens who have fled their country due to the war to receive temporary protection in any EU country, granting access to housing, employment, and social services.

    <p>True</p> Signup and view all the answers

    The EU has imposed sanctions and other measures on Ukraine to help its citizens.

    <p>False</p> Signup and view all the answers

    The EU has provided a significant amount of humanitarian aid and in-kind assistance to Ukraine since the beginning of the war.

    <p>True</p> Signup and view all the answers

    What is the purpose of the EU’s ‘Ukraine reconstruction platform’?

    <p>The ‘Ukraine reconstruction platform’ is designed to coordinate international efforts to support Ukraine in rebuilding its infrastructure and economy following the war.</p> Signup and view all the answers

    The EU has suspended import duties and anti-dumping measures on all Ukrainian exports to the EU for one year.

    <p>True</p> Signup and view all the answers

    Study Notes

    European Parliamentary Research Service (EPRS) Guide to EU Funding 2023 Edition

    • This guide provides information on EU funding opportunities
    • It is intended for members, staff of the European Parliament.
    • The guide is sectioned by topics to assist with finding relevant funding.
    • There is a QR code and hyperlinks to access a PDF version of the guide.
    • There is a disclaimer that the content is not official policy.

    Contents and Programmes

    • The guide lists different EU funding programmes and gives descriptions.
    • It includes acronyms and their definitions.
    • Each section lists details and links to relevant funding information.
    • Examples of content include regional policy, EU-funded projects, and specific programmes.

    EU Regional Policy

    • European Union cohesion policy supports job creation, and sustainable development.
    • This is delivered through the following EU Funds: ERDF, CF, ESF+, and REACT-EU.
    • The ERDF invests in social and economic development of all EU regions and cities.
    • The CF focuses on environment and transport in less developed countries.
    • The ESF+ supports jobs and creates a fair and socially inclusive society.
    • The Just Transition Fund supports regions most affected by the transition to climate neutrality and the Recovery Assistance for Cohesion and the Territories of Europe (REACT-EU).

    Cohesion Fund (CF)

    • The Cohesion Fund aims to reduce economic and social disparities
    • It supports sustainable development by providing assistance to Member States with a lower gross national income per capita than the EU average
    • The fund provides support for sustainable development and energy-related investments that offer environmental benefits.
    • The fund also supports projects in the areas of transport and interconnecting networks, notably priority projects of EU interest, as identified by the EU.

    European Social Fund Plus (ESF+)

    • ESF+ is the main EU instrument for investing in people
    • Its aim is to build a more social and inclusive EU
    • It helps with employment, skills and education policies
    • The ESF+ was merged with other EU programmes into ESF+ for the 2021-2027 period.

    Just Transition Fund (JTF)

    • JTF is the first pillar of the Just Transition Mechanism
    • It helps regions most affected by the transition to climate neutrality
    • It provides support for measures like investment in SMEs, job creation, research, innovation and training.

    Other EU funding programmes

    • The guide includes details on additional EU funding and programmes that support projects not covered by other areas.
    • Examples of programmes for specific areas like fisheries, energy, agriculture, tourism and others are given, and how those programmes can be used in conjunction with other funds.

    EU Funding for Urban Areas

    • The Urban Agenda for the EU
    • A series of partnerships covering areas like air quality, circular economy, climate adaptation, culture, digital transition, energy, housing, the inclusion of migrants and refugees, and innovative procurement.

    European Territorial Cooperation (Interreg)

    • Interreg promotes cooperation to assist in the economic and social development of regions in EU and across external borders.
    • It facilitates cooperation between countries for macro-regional strategies.
    • This programme has different strands for cross-border and interregional cooperation.

    Other Funding Programmes

    • The guide also details other specific EU funding programmes
    • Including the European Innovation Council and other key funding initiatives.
    • Such as LIFE, Horizon Europe, and the Euratom research and training programmes.

    Recovery and Resilience Facility

    • The RRF provides funds for investments to promote reforms and investments
    • Its is a temporary recovery instrument to mitigate COVID-19.

    Other Instruments

    • Several other supporting funds and tools are detailed
    • Including the Technical Support Instrument (TSI), InvestEU and the Progress Microfinance Facility.

    EU Globalisation Adjustment Fund (EGF)

    • The EGF supports workers or the self-employed made redundant
    • It provides support to help people find new jobs by improving skills, in Europe through training, education and/or placement.

    Asylum, Migration and Integration Fund (AMIF)

    • AMIF aims to boost national capacities and improve procedures
    • supporting the legal migration to EU countries, including the integration of third-country nationals.

    Internal Security Fund (ISF)

    • The ISF aims to maintain high levels of security in the EU.
    • It supports improvements to security information systems, and helps combatting terrorism, radicalisation, crime and cybercrime.

    European Defence Fund (EDF)

    • EDF promotes cooperation in defence research and development, fostering innovation.

    Civil Protection Mechanism and rescEU

    • rescEU is the EU's upgraded civil protection mechanism
    • It helps Member States respond to disasters.

    Protection from Natural Disasters

    • The EU supports its Member States in the face of crises, specifically natural disasters.
    • The EU provides additional resources to help countries cope and to reduce damage.

    Other Funding Initiatives

    • Other initiatives including the common agricultural policy (CAP), the European Pillar of Social Rights and initiatives related to youth employments are covered in the guide.

    Photo Credits

    • The photographs used are cited in this section.

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    Test your knowledge on the New European Bauhaus initiative and Fisheries Local Action Groups (FLAGs) with this quiz. Explore key aspects of sustainability, local development strategies, and available support in fishing communities. Perfect for those interested in urban development and environmental initiatives.

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