EEA Financial Mechanism and Norwegian Financial Mechanism contribute to decrease of social and economic inequalities in Europe. The also strengthen bilateral cooperation between the donors (Iceland, Lichtenstein, Norway) and the beneficiary states.
In the period 2014-2021, the donor states earmarked in total 2,8 billion EUR for 15 member states; 1,5 billion EUR within EEA financial mechanism and 1,3 billion EUR under Norwegian Financial Mechanism. In this financial period, the allocation for the Republic of Croatia is 103,4 million EUR.