In 2014, the agency changed its name to EASME, and it became responsible for other programmes in addition to IEE and Eco-Innovation. It currently handles the operations of parts of Horizon 2020, the EU Research and Innovation programme. EASME is also responsible for the majority of COSME, the EU programme for the Competitiveness of Enterprises and Small and Medium-sized Enterprises. It also operates part of LIFE, a financial instrument to support conservation and environmental actions in the EU. Finally, EASME is managing parts of the European Maritime and Fisheries Fund, which finances the EU's maritime and fisheries policies.