What is the "Financing Not Linked to Costs" (FNLC) approach?

Under FNLC, cost is not a primary determinant of EU funding. In many cases, estimating the exact amount needed for a specific project action can be challenging. This approach encourages a shift in focus—from how much will be spent to what needs to be achieved.

Listen to a conversation between our Managing Director, Dimitrios Chaidas, and Franco Conzato, former Senior Expert on Sustainable Development Policy and Coordination at the European Commission's Directorate-General for International Partnerships, on the Capacity4dev platform.

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