Glossary

Baseline

A baseline is the value of a result indicator at the beginning of the programming period (for example, the number of start-ups in that year for a priority that intends to drive up the number of start-ups in a region). Each result indicator requires a baseline value (art. 6, ERDF regulation, art. 5, CF regulation ; art. 16, ETC regulation).

Tags : Result indicator, Output indicator, Target value

Benchmarking study

Benchmarking is a measurement of the quality of an organisation’s policies, products, programmes, strategies, etc., and their comparison with standard measurements, or similar measurements of its peers. The benchmarking process includes the identification of best practices and comparison of the results with those of the studied targets. The objectives of benchmarking study are (1) to determine what and where improvements are called for, (2) to analyse how other organisations achieve their high performance levels, and (3) to use this information to improve performance.

Tags : deliverable

Beneficiary

Partner of a MED project receiving ERDF funds (or IPA funds in Mediterranean candidate or potential candidate countries). Beneficiaries should not be mixed up with End-users and Target Groups, who benefit from the Programme activities and may even be involved in the operations (for target groups only), but do not receive any funding from the MED Programme.

Tags : Target Group, End-user

Benefit

The measurable improvement resulting from an outcome perceived as an advantage by one or more stakeholders.

Blue energy

Blue energy refers to all forms of renewable energy production from sea, including ocean energy (i.e. wave and tidal energy production, thermal energy conversion) and offshore wind energy production, and relevant technological developments. Ref : "Value chain scheme for cooperation", BLUENE report

Reference

Tags : Blue growth, Renewable energy

Blue growth

Blue Growth is the long term strategy to support sustainable growth in the marine and maritime sectors as a whole. It recognises that seas and oceans are drivers for the European economy with great potential for innovation and growth. It is the Integrated Maritime Policy’s contribution to achieving the goals of the Europe 2020 strategy for smart, sustainable and inclusive growth.

 

Reference

Tags : Blue energy

Bottom-up approach

A "bottom-up" approach is one that works from the grassroots - from a large number of people working together, causing a decision to arise from their joint involvement.

Tags : Top-down approach

Budget line

A set of cost centres that facilitates reporting on expenditure and revenue. Each cost item can be allocated to one budget line only, according to the nature of the cost. The Interreg MED Programme budget lines integrate the five categories of costs defined in Article 18 ETC Regulation (EU) 1299/2013. NOTE: The term budget line is used as an equivalent of the term category of expenditure used in the regulations.