2024: A Year to Celebrate for EU Co-Funded projects!
As 2024 comes to a close, we look back on a year filled with remarkable achievements and milestones for EU-funded initiatives, demonstrating the tangible benefits of European collaboration.
The year kicked off with an EU budget of €190 billion, plus €113 billion from NextGenerationEU, driving economic growth, job creation, and enhancing Europe’s strategic autonomy.
This reflects a broader trend of EU programmes making lasting impacts in areas such as transport, energy, environment, and innovation, as seen with for example in CEF, LIFE and Horizon Europe.
2024 marked the 10th anniversary of the Connecting Europe Facility (CEF), a programme fundamental in modernising Europe’s transport and energy infrastructure. To celebrate, CINEA highlighted its transformative impact through various initiatives, showcasing how CEF, alongside other EU programmes, continues to shape Europe’s future.
CEF Highlights (2014–2024):
• 1,600+ projects managed
• €50 billion+ in EU support
• Over 4,500 beneficiaries
• 39 participating countries
The LIFE Programme, now in its 32nd year, maintained its focus on protecting the environment and combating climate change. In 2024, it allocated over €380 million to 133 new standard action projects and €233 million to 12 flagship strategic projects, reinforcing its legacy of fostering sustainable development.
2024 also saw the conclusion of the 2023–2024 Horizon Europe work programme, part of the EU’s flagship framework for research and innovation. With a budget of €13.5 billion, it has been instrumental in driving progress on climate goals, energy resilience, and breakthrough technologies critical for Europe’s future.
As we bid farewell to 2024, we extend our heartfelt thanks for following EUFUNDINGHUB and for your unwavering interest in EU-funded programmes.
We eagerly anticipate another year of innovation, progress, and shared success stories in 2025. Until then, we wish you a joyful holiday season and a happy New Year!
To learn more about expanding your opportunities for project funding, contact EUFUNDINGHUB !
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