The Task Force Fostering and Building Human Capital of the Regional Cooperation Council (RCC) was launched by the RCC Board in June 2008 and is entrusted with the promotion of coherency between education, higher education and research cooperation in South Eastern Europe. Recognising that Fostering and Building Human Capital is crucial for the overall stabilisation and prosperity of the South Eastern European region, the Task Force Fostering and Building Human Capital (TFBHC) will seek to enhance cooperation for developing knowledge based societies by promoting the knowledge triangle as a key driver in fields such as the Bologna process and follow-ups, Education and training 2010 and follow-ups and the European Research area.In order to reach its aims, the TFBHC will build upon and draw on already existing and new regional networks and initiatives, and will ensure coordination with other RCC priority areas. Achievements: The goals of the Task Force included awareness raising, lobbying for appropriate agenda setting, as well as to formulation of recommendations for the work of the RCC in the priority area Building Human Capital. As a »network of networks«, the Task Force met the increasing need for efficient regional communication and coordination among relevant stakeholders active in the »knowledge triangle« of education, research and innovation. The Task Force also focused on initiatives that contribute to the goals of the »Education and Training 2020« particularly within the Peer Learning process. This focus is most clearly illustrated by the launch of four regionally owned Clusters of Knowledge centered around topics of cross-national significance. The Task Force was chaired by Romania and co-chaired by Austria and Croatia.