The EEA and Norway Grants are financial mechanisms financed by Iceland, Liechtenstein and Norway. The aim of the Grants is twofold – to reduce social and economic disparities in Europe and to strengthen the bilateral relations between the three donor countries and the 15 European countries which receive the funding.
The EEA and Norway Grants operate in funding periods. The current 2014-2021 period, the funding amounts to €2.8 billion and covers areas ranging from climate change and energy to cultural cooperation and the promotion of human rights.