The €270m PEACE IV Programme is a unique initiative of the European Union which has been designed to support peace and reconciliation. The PEACE Programme was initially created in 1995 as a direct result of the EU's desire to make a positive response to the paramilitary ceasefires of 1994.
Whilst significant progress has been made since then, there remains a need to improve cross-community relations and where possible further integrate divided communities. The new programming period for 2014-2020 provides opportunity for continued EU assistance to help address the peace and reconciliation needs of the region.
In total 85% of the Programme, representing €229m is provided through the European Regional Development Fund (ERDF). The remaining €41, representing 15% is match-funded by the Irish Government and the NI Executive. The eligible area for the PEACE IV Programme for 2014-2020 is Northern Ireland and the Border Counties of Ireland (including Cavan, Donegal, Leitrim, Louth, Monaghan and Sligo).
The content of the new PEACE IV Programme has been agreed by the Northern Ireland Executive, the Irish Government and the European Commission. It has four core objectives where it will make real and lasting change in terms of Shared Education initiatives, Support for marginalised Children and Young People, the provision of new Shared Spaces and Services, and projects that will Build Positive Relations with people from different communities and backgrounds.
Learn more about the connections the PEACE Programme has made across the world.