The GREEN FUND co-finances the LIFE Bonelli eastMed Project

The GREEN FUND with its Board Decision No. 181.1/2020/27.05.2020 co-finances the LIFE17 NAT/GR/000514 – LIFE Bonelli eastMed project for year 2020 with the total amount of €35,000.00. According to the aforementioned decision, co-financing totaling to €15,000.00 is provided to the Hellenic Ornithological Society, while co-financing totaling to €20,000.00 is provided to the University of Crete – Natural History Museum of Crete.

The LIFE Bonelli eastMed project is being implemented from September 2018 to February 2023 (duration 4.5 years). The Coordinating Beneficiary of the project is the University of Crete – Natural History Museum of Crete (UoC – NHMC), while Associated Beneficiaries are the Department of Forests of the Ministry of Agriculture, Rural Development and Environment of Cyprus, the Game and Fauna Service (Game Fund) of the Ministry of Interiors of Cyprus, the Hellenic Ornithological Society (HOS), the Greek Ministry of Environment and Energy – DG for the Development and Protection of Forests and Rural Environment and the Nature Conservation Consultants (NCC Ltd.).

The total budget of the LIFE Bonelli eastMed project amounts to €4,235,584.00. The European Commission / EASME co-finances the project at a percentage of 74.95% (75.00% of the total eligible costs, i.e. €3,174,403.00), the Green Fund has co-financed the project until now with a total amount of €70,000.00 (percentage of 1.65%, the years’ 2019 and 2020 co-financing is included), while the project beneficiaries cover a percentage of 21.51% of the total budget with own funds (the total amount of own funds of the project beneficiaries amounts to €911,181.00).