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Saturday 01.10.2016 | Name days: Lāsma, Zanda, Zandis
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EU funding to become available for flood-combating measures

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Baltic news, News from Latvia, BNN.LV, BNN-NEWS.COM, BNN-NEWS.RUCentral Finance and Contracting Agency has sent a request to Agriculture Ministry’s Real Estate Properties to prepare and submit a project application to the European Regional Development Fund to receive funding in order to carry out flood risk prevention measures in rural areas.

European Regional Development Fund has set aside EUR 36 million specifically for flood prevention measures.

As part of projects co-financed by ERDF, it is planned to restore 30 hydro-structures and sewer systems 340 km in total length by 2022. It is also planned to use the funding to restore the green infrastructure and use environmentally friendly melioration systems to prevent the risk of flooding.

More than EUR 12.9 million is available for projects to be realized before the end of 2018. The total planned funding for flood risk management measures for 2014-2020 period is EUR 43,390,019 (EUR 36,881,516 from ERDF and EUR 6,508,503 from the state budget).

Ref: 102.109.109.6383


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