EAFRD for agriculture and agribusiness in and the role of Financial Instruments. Dr Nivelin NOEV DG AGRI / H1

Transcription

1 EAFRD for agriculture and agribusiness in and the role of Financial Instruments Dr Nivelin NOEV DG AGRI / H1 Agroprogress 2015 conference Trnava, 12 November 2015

2 Approval progres # of RDPs Faster adoption process compared to approved All 118 RDPs approved by end of MFF carryover MFF 20 0 carryover Calendar months after the adoption of the legal framework

3 Flexibility: budgetary transfers between Pillars ( million) FR, LV, UK, BE, CZ, DK, DE, EE, EL, NL, RO HR, MT, PL, SK, HU Around 3 billion will be transferred from pillar I to pillar II over 6 years ( )

4 Share of funds per RD priority 161 billion of total public funding Technical Assistance Knowledge Transfer and Innovation (cross cutting) Farm viability, competitiveness, sustainable forests Food chain, animal welfare, risk management Ecosystems in agriculture and forestry Resource efficiency, low carbon and climate resilience Social inclusion, poverty reduction, local development

5 Restoring ag. potential CNDP for HR Allocation of funds per measure % of Total Public Expenditure Fulfilment of minimum spending requirements: Environment/climate: 43% LEADER: 6.1%

6 Examples of programming of EAFRD measures (preliminary data) 6

7 Start-up aid for Young Farmers 24 MS implementing 80% of RDPs implementing % of total MS holdings receiving support targeting young farmers % of total MS holdings supported 5.3 Billion total public expenditure holdings supported Figures show the targets set in the RDPs by Member States and regions 7

8 Risk Management 13 Member States implementing Total public expenditure Insurance Premium Mutual Funds Income Stabilisation 15 RDPs (including National RDP in IT and FR) Total expenditure per Member State 2.7 billion in total public expenditure holdings participating 8 Figures show the targets set in the RDPs by Member States and regions

9 Research, Development & Innovation under the EAFRD [example] EAFRD Financial Instruments (loan, guarantee, equity funds) DG AGRI general research [Horizon 2020] (outside EAFRD) Development of new products, processes, practices, technologies (agriculture, agri-food, forestry) New non-agricultural activities in rural areas and start-up aid Investment focus on priority areas & key actions Clusters SMEs European Innovation Partnership (Op. groups) Setting up of young farmers Major supported businesses - Agriculture - Agri-food - Forestry - Rural non-agri micro- and small businesses Networking 9

10 Financial Instruments (FIs) supported by the EAFRD

11 EAFRD Financial Instruments Lessons learnt from ECA report 2015 Programming Ex ante assessments COM guidance Loans Advisory service Guidance & methodology Awareness raising Trainings Multi-regional assistance Guarantees New legislation (RDPs) Ficompass Equity Coverage & volumes Performance (leverage, disbursement, etc.) Corrective actions Monitoring & Reporting EC EIB MoU on agriculture & RD EAFRD FIs Ex ante assessments Fund management Advisory services RDPs co-financing

12 Main EAFRD Objectives on FIs Fully-fledged support for investments in agriculture, agro-food and RD Growth & employment impacts and re-enforced sustainability Release national/regional budget constraints Diversify support options for businesses in agriculture and agro-food sector Increase substantially the use of financial instruments: in terms of budget territorial coverage supported types of investment reaching all potential beneficiaries/sectors NB: Performance and design are key to success Operational provisions: Ex-ante assessments on FI for every programme area (ECA recommendation on FI ) Guidance by FI-compass EC (DG AGRI) EIB MoU for agriculture and rural development 12

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15 Planned EAFRD Budget for FIs per Measure in Million Euro (preliminary SFC data)

16 Planned EAFRD Budget for FIs per MS and Measure in Million Euro, Including First Modifications (preliminary SFC data)

17 Outlook RDP Programming Discussions with MS on programming of FIs Programmes' modifications to accomodate new FIs Promoting FI ex ante assessments in all programme areas in Work-programme MoU on agriculture and rural development Launch of first products this year agriculture FLPG scheme Discussions on Credit Facility [Loan Fund] for agriculture Implementation of actions under "fi-compass" 5 EAFRD-specific products in 2015 Preparation of "fi-compass" work-programme Study on FI supported by EAFRD Targeted coaching for Managing authorities Awareness raising events on EAFRD FI - Madrid, Paris, Rome, London, 17 Warszawa, Brussels registration via

18 Thank you for your attention! Nivelin.