European Territorial Cooperation (ETC), better known as Interreg, is one of the two goals of cohesion policy and provides a framework for the implementation of joint actions and policy exchanges between national, regional and local actors from different Member States. The overarching objective of European Territorial Cooperation (ETC) is to promote a harmonious economic, social and territorial development of the Union as a whole. Interreg is built around three strands of cooperation: cross-border (Interreg A), transnational (Interreg B) and interregional (Interreg C).
Five programming periods of Interreg have succeeded each other:
INTERREG I (1990-1993) – INTERREG II (1994-1999) – INTERREG III (2000-2006) – INTERREG IV (2007-2013) – INTERREG V (2014-2020
In 1990, Interreg was developed as a Community Initiative in with a budget of just EUR 1 billion covering exclusively cross-border cooperation. Later, Interreg has been extended to transnational and interregional cooperation. For 2014-2020 European territorial cooperation is one of the two goals of Cohesion Policy besides investment for Growth and Job.
The 25th anniversary of Interreg has been celebrated in 2015 with a variety of events around Europe. Over the years, Interreg has become the key instrument of the European Union to support cooperation between partners across borders. The aim: to tackle common challenges together and find shared solutions – whether in the field of health, research and education, transport or sustainable energy.
In accordance with the new design of the European Cohesion Policy 2014-2020 and the targets set out in Europe 2020, Interreg has significantly been reshaped to achieve greater impact and an even more effective use of the investments. Key elements of the 2014-2020 reform are:
The fifth period of Interreg is based on 11 investment priorities laid down in the ERDF Regulation contributing to the delivery of the Europe 2020 strategy for smart, sustainable and inclusive growth. At least, 80% of the budget for each cooperation programme has to concentrate on a maximum of 4 thematic objectives among the eleven EU priorities:
The fifth programming period of Interreg has a budget of EUR 10.1 billion invested in over 100 cooperation programmes between regions and territorial, social and economic partners. This budget also includes the ERDF allocation for Member States to participate in EU external border cooperation programmes supported by other instruments (Instrument for Pre-Accession and European Neighborhood Instrument).