Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home » EU’s PEACE programme to bring EUR 1.1 bn to Nth Ireland and borders

    EU’s PEACE programme to bring EUR 1.1 bn to Nth Ireland and borders

    npsBy nps13 July 2022 No Comments3 Mins Read
    — Filed under: Brexit EU Funding EU News Headline1 Ireland UK
    Share
    Facebook Twitter LinkedIn Pinterest Email
    EU's PEACE programme to bring EUR 1.1 bn to Nth Ireland and borders

    Northern Ireland – Photo by Ivan Lada on Pexels

    (BRUSSELS) – The EU Commission adopted PEACE PLUS Wednesday, a new cross-border programme to strengthen peace and reconciliation and cooperation between Ireland and Northern Ireland.

    The programme combines the previous INTERREG and PEACE funding strands into a new programme for the 2021-2027 EU period. The EU is to invest EUR 235 million from the European Territorial Cooperation allocation of the European Regional Development Fund.

    Together with the UK’s financial commitment and additional national co-financing from Ireland and Northern Ireland, this will result in a total investment of €1.1 billion in peace and prosperity on the island of Ireland.

    “The EU has proven time and again its commitment to the Good Friday (Belfast) Agreement,” said EC vice-president Maros Sefcovic: “Today is another concrete example of that support – together with the Irish and British governments, the new PEACE PLUS programme will provide around €1 billion to Northern Ireland and the border counties.”

    The programme will target investment in six key thematic areas:

    • Building Peaceful and Thriving Communities
    • Delivering Economic Regeneration and Transformation
    • Empowering and Investing in Our Young People
    • Healthy and Inclusive Communities
    • Supporting a Sustainable and Better-Connected Future
    • Building and Embedding Partnership and Collaboration

    Local partnerships will help regenerating and transforming local communities in a peaceful context with respect for all cultural identities.

    The well-being of young people is essential for long-term peace and prosperity in the region. The programme will therefore pay special attention to their needs and potential through an ambitious youth programme and shared learning.

    Rural communities along the border face particular challenges, such as access to health care, which may result in inequalities. By supporting cross community and cross border collaborative approaches to health and social care, the programme helps building healthy and socially inclusive communities.

    Investments in economic regeneration and transformation, which used to be funded under the INTERREG Ireland – Northern Ireland – Scotland programme, have now been integrated in the PEACE PLUS programme to complement the investments in peace and reconciliation. These will help growing the potential of local small and medium businesses and drive the promotion and adoption of new technologies through research and innovation. The funds will also address key skills gaps, which will result in increased productivity and employment and higher levels of cross border labour mobility.

    The Commission says the PEACE PLUS programme will also contribute to the transition to a green and climate-resilient society. It will invest in pilot projects for geothermal energy and improve cross border mobility on the rail line between Belfast and Dublin, essential for economic and social cohesion.

    PEACE PLUS programme

    Add A Comment
    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    Plastic packaging waste - Image by Pete Linforth from Pixabay

    EU launches measures to boost circular economy and strengthen Europe’s plastic recycling

    Stocks trading - Image by Csaba Nagy from Pixabay

    How European market volatility drives demand for tax efficient trading strategies

    Volodymyr Zelensky - Photo © European Union 2025

    EU to provide EUR 90 billion loan to Ukraine

    Deforestation - Image by Robert Jones from Pixabay

    Final vote on entry into force of EU Deforestation Regulation

    Data glasses - Photo by Kevin Ku on Pexels

    EU renews decisions on free and safe flow of personal data with the UK

    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Sterling is outperforming the euro – Euro currency news daily

    LATEST EU NEWS
    Plastic packaging waste - Image by Pete Linforth from Pixabay

    EU launches measures to boost circular economy and strengthen Europe’s plastic recycling

    26 December 2025
    Volodymyr Zelensky - Photo © European Union 2025

    EU to provide EUR 90 billion loan to Ukraine

    19 December 2025
    Deforestation - Image by Robert Jones from Pixabay

    Final vote on entry into force of EU Deforestation Regulation

    19 December 2025
    Data glasses - Photo by Kevin Ku on Pexels

    EU renews decisions on free and safe flow of personal data with the UK

    19 December 2025
    Euro - ECB-Photo by Mika Baumeister on Unsplash

    Sterling is outperforming the euro – Euro currency news daily

    19 December 2025

    Subscribe to EUbusiness Week

    Get the latest EU news

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Terms
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login to your account below.

    Lost password?