European Commission (EC)
The European Commission (EC) is one of the European institutions participating in the decision-making process of the European Union. The EC has a specific department, called EuropeAid, which is in charge of handling external aid. EuropeAid is responsible for all phases of the project cycle (identification and appraisal of projects and programmes, preparation of financing decisions, implementation and monitoring, evaluation of projects and programmes), which ensures the achievement of the objectives of the programmes established by the Directorates-General for External Relations and Development and approved by the Commission.
The EC is funding a number of significant initiatives linking poverty reduction and biodiversity conservation. For more information go to: http://ec.europa.eu/europeaid/what/environment/index_en.htm