IPA III

Financial Perspective IPA 2021–2027 (IPA III)

The new financial perspective IPA 2021–2027 (IPA III) is based on lessons learned from the previous IPA 2007–2013 and IPA 2014–2020 perspectives, with the aim of ensuring continued, uninterrupted implementation of defined goals and priorities, which are aligned with the EU enlargement strategy and the commitment of Western Balkan countries regarding future membership in the European Union.

Compared to the practice from previous IPA I and IPA II perspectives, a significant innovation in IPA III is that there are no pre-defined amounts of financial support per country. Instead, there is a single, joint budget for all IPA beneficiary countries. The European Commission designed this approach to encourage faster and more efficient implementation of programmes and projects, while also providing beneficiary countries with additional opportunities and rewards for good reform progress, which is in line with the revised EU accession methodology. The European Commission also ensures fair overall distribution of funds among countries over the seven-year period.