| Original language | English |
|---|---|
| Pages (from-to) | 7-31 |
| Number of pages | 23 |
| Journal | Administration |
| Volume | 66 |
| Issue number | 3 |
| Publication status | Published - 2018 |
Funding
The PEACE IV European Programme (2014–2020) is a cross-border initiative amounting to €270 million, which is funded by the European Regional Development Fund (85 per cent) and matching non-EU funding (15 per cent, from national, regional and local government). This is the fourth tranche of European funding, which began in 1995 when PEACE I was launched in direct response to the paramilitary ceasefires. The aim of PEACE I was to ‘to reinforce progress towards a peaceful and stable society and to promote reconciliation by increasing economic development and employment, promoting urban and rural regeneration, developing cross-border co-operation and extending social inclusion’. Further support from the EU followed. The combined funding provided under PEACE I, II and III amounted to €1,995 million, of which €1,334 million came from the European Commission and €661 million from the British and Irish Governments (European Commission, 2016).