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The Contracting Authority undertakes to provide a contribution up to a maximum of EUR 1.400. 000 (the EU Contribution). The EU Contribution is further limited to 100% of the total eligible costs of the Action. The final amount will be established in accordance with Articles 18 to 20 of Annex II.
The European Development Fund (EDF) is the main instrument for European Union (EU) aid for development cooperation in Africa, the Caribbean, and Pacific (ACP Group) countries and the Overseas Countries and Territories (OCT). Funding is provided by voluntary donations by EU member states.
The EU budget can be managed in three different ways: directly by the European Commission, jointly by the European Commission and national authorities, or indirectly by other bodies inside or outside the EU such as third countries and international organisations.
The EDF is an intergovernmental fund outside the EU budget, but most of its resources are managed by the European Commission (EC).
Three management types direct management: EU funding is managed directly by the European Commission. shared management: the European Commission and national authorities jointly manage the funding. indirect management: funding is managed by partner organisations or other authorities inside or outside the EU.