The European Cohesion Policy is an investment policy aiming at supporting competitiveness, economic growth, improved quality of life, job creation as well as sustainable development. It serves as an implementation instrument for the Europe 2020 Strategy for smart, sustainable and inclusive growth. The EU Cohesion Policy encourages regions and cities from different EU Member States to work together and learn from each other through joint programmes, projects and networks. Such cooperation can take place in the economic, social and territorial sector. For the latter, European Territorial Cooperation (ETC) provides a framework for implementation of joint actions and policy exchange between national, regional and local actors from different Member States. Projects within this framework are eligible for funding through the European Regional Development Fund (ERDF). The Alpine Space programme, together with 15 other transnational programmes known as the Interreg B programmes, forms part of the European Territorial Cooperation (ETC).