Altogether 35,3 million euros from the European Regional Development Fund are made available through the Estonia-Latvia programme 2014-2020. The funding is targeted for co-operation in following priority areas and specific objectives:
Active and attractive business environment (~ 11,3 million euros)
1.1. Increased entrepreneurial cross-border cooperation in the programme area ~ 2 million euros .
1.2. More jointly developed products and services in the programme area ~ 9,3 million euros.
Clean and valued living environment (~ 13,6 million euros)
2.1. More diversified and sustainable use of natural and cultural heritage ~ 6 million euros.
2.2. Increased awareness of energy saving, sorting waste and re-use, and the more efficient management of common water resources ~ 4,6 million euros.
2.3. More integrated Valga-Valka central urban area ~ 3 million euros.
Better network of harbours (~ 9,3 million euros)
3.1. An improved network of small harbours with good levels of service.
Integrated labour market (~ 1 million euros)
4.1. Improved conditions for accessing jobs across the border.
First 28 Estonian-Latvian cooperation projects were selected by the Monitoring Commettee on 10 and 11 January 2017 in Tartu, Estonia and will be funded by the programme for the total amount of around 15,2 million euros. The summarised information about financial information is presented in the table below.