On the 2nd of June 2021, the European Commission welcomes political agreement on new €14.2 billion Pre-Accession Assistance Instrument (IPA III).
IPA III supports candidate countries and potential candidates on their path towards fulfilling the EU accession criteria through deep and comprehensive reforms.
In comparison to IPA I and IPA II, the new instrument will provide support to Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, Serbia, and Turkey with an overall budget of €14.162 billion in current prices for 2021-2027, starting retroactively from 1 January 2021. IPA III presents a solid policy-driven approach, with strategic and dynamic deployment of assistance, putting the “fundamentals” at its core: focusing on rule of law and respect of fundamental values; strengthening democratic institutions and public administration reform; promoting economic governance and reforms towards competitiveness. The new instrument will increase steer from the Union, as its programming is based on thematic priorities rather than country envelopes. This allows to reward performance and progress towards key priorities and increased flexibility to respond to the evolving needs of the partners in their path towards accession.
The agreement will now be translated into legal texts, which will need to be approved by the European Parliament and the Council.
For more information, please visit the European Commision’s website.
To learn more about current calls for proposals or Eurodiaconia’s funding events, please don’t hesitate to get in touch with our Policy, Projects & Research Officer Vera Nygard at vera.nygard@eurodiaconia.org and our Projects Assistant Giorgia Signoretto at giorgia.signoretto@eurodiaconia.org.