In total, the financial mechanisms will make € 1.239 billion available over the 2004-2009 period to support projects in a wide range of priority sectors:

• Protection of the environment
• Sustainable development
• Conservation of European cultural heritage
• Development of human resources
• Health and childcare

The Norwegian Financial Mechanism will also make funding available for:

• Implementation of legislation in the field of internal security and border control, such as support for ‘Schengen’ action plans
• Environment, i. a. with emphasis o­n strengthening the administrative capacity to implement relevant acquis and investments in infrastructure and technology with priority given to municipal waste management,
• Regional policy and cross-border activities
• Implementation of aquis communitaire through technical assistance

Academic research within the priority sectors of both mechanisms may also be eligible for funding.