What programme is managed by INEA?

Prepare for the CAST Project Management FG IV Test. Utilize flashcards and multiple choice questions, each with hints and explanations. Achieve success in your exam!

The Connecting Europe Facility (CEF) is a key financial instrument of the European Union that is managed by the Innovation and Networks Executive Agency (INEA). This programme aims to promote the interconnectedness of energy, transport, and digital infrastructure across Europe. CEF finances projects that enhance the development of these sectors, thereby fostering economic growth and contributing to the EU's energy and digital goals.

The significance of the CEF lies in its role in facilitating investments that improve the cohesion and competitiveness of the European Union by building cross-border connections and enabling access to and use of infrastructure. It also supports the transition to greener and more sustainable functions within different sectors, aligning with broader EU objectives such as climate change initiatives.

Other programmes mentioned, like Horizon2020 and the Research and Innovation Programme, focus primarily on research and innovation funding and are managed by different entities. The Green Deal Fund is an initiative related to sustainable investments but does not fall under INEA's direct management. Thus, recognizing CEF as the correct answer highlights its distinct responsibilities and objectives under INEA's oversight.

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