ACP Investment Facility
|
|
- Claire Brooks
- 6 years ago
- Views:
Transcription
1 ACP Investment Facility Presentation by H. Rüttgers, HoD Portfolio Management & Policy, ACPIF Department, EIB to the ACP-EU Joint Parliamentary Assembly Committee on Economic Development, Finance and Trade Brussels,
2 EIB lending in ACPs & OCTs ACPs: the oldest mandate entrusted to the EIB (1963) Since 2003: Cotonou Partnership Agreement Builds on 50 years of experience OCTs: since 1968 Since 2001: Overseas Association Decision EIB s role focuses on Financial Cooperation: managing the Investment Facility & lending from its own resources Sources of funding: - European Development Fund (EDF) - EIB Own Resources 2
3 Sources of funding European Development Fund (EU Member States budgetary funds) European Union Grants Investment Facility Subsidies Own resources National and regional indicative programmes Loans* Equity Guarantees Interest rate Technical assistance Senior loans Intra-ACP and interregional cooperation Revolving fund Total capital endowment under 9th and 10th EDFs Amounts available under the 10th EDF ACPs EUR 3 137m ACPs EUR 400m ACPs up to EUR 2 000m OCTs EUR 48.5m OCTs EUR 1.5m OCTs up to EUR 30m * Senior, junior, subordinated and intermediated loans, as w ell as quasi-equity operations. 3
4 Lending under the IF and OR The objectives The means Use of a wide range of risk-bearing instruments Value added of the IF Private sector development, through Foreign Direct Investors, Local private sector Financial sector Commercially viable public entities Economic growth Poverty reduction & Millennium Development Goals The constraints Ensure the long-term sustainability of the IF through risk pricing Mitigate the risk of MS as guarantors vs. developmental objective 4
5 STRATEGIC FOCUS Infrastructure Energy Water Transport Telecoms - public & private sector - Financial sector SMEs Microfinance - mainly through intermediaries - ACROSS SECTORS CLIMATE ACTION IS A KEY PRIORITY Other Sectors are also eligible but will remain marginal in the EIB portfolio 5
6 EIB lending in the ACPs & OCTs - instruments - 6
7 The Investment Facility 7
8 Own resources 8
9 EIB Own Resources Funds borrowed on the capital markets providing Senior debt denominated in EUR and widely traded currencies 1 st class guarantee or prime-quality security usually required (unless sovereign risk) Mainly Public sector investments: sovereign/sub-sovereign borrowers European Investment 9
10 Own Resources versus Investment Facility OR & IF resources complement each other EIB own resources: Public sector investments: sovereign/sub-sovereign borrowers Private sector projects covered by a third party guarantee IF resources: Private sector investments requiring risk-bearing instruments e.g.: conditional loans/ subordinated loans/guarantees/equity 10
11 Range of Available Financial Instruments in the ACPs Investment Facility EIB Own resources Senior debt Junior/subordinated debt Intermediated loans Quasi-equity Equity Guarantees Currencies - widely traded - local Only widely traded currencies Interest rate subsidies Project related TA European Investment 11
12 Other Instruments European Investment 12
13 Interest Rate Subsidies Available to increase concessionality for: Infrastructure projects in Least Developed Countries, postconflict and post-natural disaster countries, HIPC countries projects with substantial and clearly demonstrable environmental or social benefits restructuring operations in the framework of privatisations General rule applied : - Interest rate subsidy: maximum 3 % - Final rate of loan: cannot be less than 50% of the reference rate - In the case of HIPC countries, the interest rate may be reduced by such amount as required to comply with the level arising from the HIPC initiative 13
14 Technical assistance Up to EUR 60 m (ACPs) and 0.15 m (OCTs) over the period to provide Project-related Strategic initiatives Capacity building, covering the whole project cycle: microfinance undertakings infrastructure projects focus on project preparation & implementation - enhancing project quality and success rate - increasing the efficiency of EIB s investment activities - complementing other EIB products 14
15 Innovative forms of blending EU resources Finance Institutions resources other resources Leverage additional public and private resources for EU development policy objectives (financial leverage) Increase aid effectiveness: Grant element can improve the quality and sustainability of projects and speeds up processes (non-financial leverage) Careful use of loans can assist in increasing financial discipline and ownership compared to exclusively grant receipts Promote cooperation and coordination between aid actors (donors and finance institutions) 15
16 Overview of 2012 operations 16
17 EIB and the Cotonou Agreement 9 years down the road (31/12/2012) Total net signatures of EUR 5.5 bn EUR 3 052m under the IF (EUR 355m in 2012) EUR 2 477m under EIB own resources ( EUR 289m in 2012) Two thirds of the portfolio relate to private sector operations Close to 80 % of the portfolio relate to Africa More than one third of total investments went to African infrastructure European Investment 17
18 IF v. OR overall figures Year Investment Facility (IF) in EUR m Own Resources (OR) N projects Total * * A further EUR 100 m was signed for two projects in the Republic of South Africa, bringing total lending for the 2012 year to EUR 736.8m 18
EDF SEMINAR - PRAGUE
THE INVESTMENT FACILITY AND THE EU-AFRICA INFRASTRUCTURE TRUST FUND MANAGED BY THE EUROPEAN INVESTMENT BANK EDF SEMINAR - PRAGUE Luis Baptista (ACP / IF Department) Prague, 27th April 2010 European Investment
More informationEUROPEAN INVESTMENT BANK FINANCING OPPORTUNITIES
EUROPEAN INVESTMENT BANK FINANCING OPPORTUNITIES Trade Seminar SADC EPA Group EIB Southern Africa & Indian Ocean Regional Office Pretoria, RSA 14-15 November 2012 European Investment Bank 1 SUMMARY 1.
More informationIntroduction to EIB activities in the OCTs
The (EIB) Introduction to EIB activities in the OCTs OCT-EU Forum Ilulissat, Greenland, 26-27th September 2012 Flavia Palanza, Associate Director, Africa, Caribbean and Pacific Investment Facility Department
More informationEuropean Investment Bank
European Investment Bank AFRICA,CARIBBEAN & PACIFIC REGION EIB/FEACO/EFCA Conference on EIB Lending Outside the EU C. Collin 28/06/2007 EIB LENDING TO THE ACP STATES African, Pacific and Caribbean countries:
More informationIntroduction to EIB activities in the OCTs
The (EIB) Introduction to EIB activities in the OCTs OCT-EU Forum Brussels, 5 th December 2013 EIB Caribbean and Pacific OCTs Divisions 1 The (EIB) European Union s long-term lending bank set up in 1958
More informationEuropean Investment Bank
Sustainable Energy for African LDC Dar es Salam, 5-6 December 2016 Catherine Collin Head of EIB Regional Represenation for Eastern Africa 1 The EU bank Natural financing partner for the EU institutions
More informationEuropean Development Fund Procedures - A Guide. By Dr C. Manyeruke. TRADE AND DEVELOPMENT STUDIES CENTRE Harare, Zimbabwe
European Development Fund Procedures - A Guide By Dr C. Manyeruke TRADE AND DEVELOPMENT STUDIES CENTRE Harare, Zimbabwe July 2007 1 Contents Introduction 3 The 9 th European Development Fund 5 Terms and
More informationProposal for a COUNCIL DECISION
EUROPEAN COMMISSION Brussels, 7.12.2011 COM(2011) 836 final 2011/0396 (NLE) Proposal for a COUNCIL DECISION on the position to be adopted by the European Union within the ACP-EU Council of Ministers concerning
More informationThe European Investment Bank (EIB): Financing for Sustainable Economic Growth in the Caribbean
The (EIB): Financing for Sustainable Economic Growth in the Caribbean 16 May 2017 Floris Vermeulen Investment Officer f.vermeulen@eib.org +1 (246) 434 8550 The EIB: the bank of the European Union What
More informationMultilateral Funding
East African Power Industry Convention eapic Nairobi, 31 August 3 September 2010 Multilateral Funding Kurt Simonsen Head of Regional Representation EIB East & Central Africa Office European Investment
More informationEIB SUPPORT TO ENERGY EFFICIENCY. An overview of (some) solutions for the financing of thermal renovation of buildings
EIB SUPPORT TO ENERGY EFFICIENCY An overview of (some) solutions for the financing of thermal renovation of buildings European Conference Climate Finance for Subnational Actors Paris, October 1st, 2015
More informationEuropeAid Co-operation Office. Intra ACP Private Sector Development & Trade Related Assistance Programmes. Version 2011
EuropeAid Co-operation Office Version 2011 Intra ACP Private Sector Development & Trade Related Assistance Programmes Intra ACP programmes App. 12% of 10 th EDF (EUR 2.7 billion) in the intra ACP envelope.
More informationInnovative financial instruments for development The EU blending facilities. Informal CODEV meeting Limassol, 12 November 2012
Innovative financial instruments for development The EU blending facilities Informal CODEV meeting Limassol, 12 November 2012 Mentioned by many policy initiatives: - climate change action Innovative financing
More informationCOMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL
EUROPEAN COMMISSION Brussels, 7.12.2011 COM(2011) 837 final COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL Preparation of the multiannual financial framework regarding the
More informationThe role of the private sector in EU development policy
The role of the private sector in EU development policy Seminar "Private Sector Development in EU External Action Programmes" Antti Karhunen, Head of Unit "Private framework development, trade and regional
More informationCOUNCIL OF THE EUROPEAN UNION. Brussels, 18 May /09 DEVGEN 150 RELEX 475 ACP 124 FIN 187 WTO 106
COUNCIL OF THE EUROPEAN UNION Brussels, 8 May 2009 008/09 DEVGEN 50 RELEX 475 ACP 24 FIN 87 WTO 06 NOTE from : General Secretariat dated : 8 May 2009 No. prev. doc. : 930/09 Subject : Council Conclusions
More informationCombining ESI Funds and EFSI Implications for the Alpine region Strategy Andrea Mairate CE DG REGIO
Combining ESI Funds and EFSI Implications for the Alpine region Strategy Andrea Mairate CE DG REGIO 3rdc Friends of Eusalp meeting Brussels, 21 June 2016 The 315bn investment plan has the potential to
More informationEUROPEAN COMMUNITY EUROPEAN ATOMIC ENERGY COMMUNITY FINANCIAL INFORMATION ON THE EUROPEAN DEVELOPMENT FUNDS
EUROPEAN COMMUNITY EUROPEAN ATOMIC ERGY COMMUNITY FINANCIAL INFORMATION ON THE EUROPEAN DEVELOPMT FUNDS Document annexed to the draft budget for 2006 11187/05 BUDGET 56 1 Introduction This document is
More informationACP-EU JOINT PARLIAMENTARY ASSEMBLY RESOLUTION 1
ACP-EU JOINT PARLIAMTARY ASSEMBLY ACP-EU/101.868/15/fin. RESOLUTION 1 on the financing of investment and trade, including infrastructure, in ACP countries by the EU blending mechanism The ACP-EU Joint
More information15559/16 YML/it 1 DGC 1
Council of the European Union Brussels, 15 December 2016 (OR. en) Interinstitutional File: 2016/0281 (COD) 15559/16 OUTCOME OF PROCEEDINGS From: To: No. prev. doc.: Subject: General Secretariat of the
More informationCouncil of the European Union Brussels, 16 September 2016 (OR. en)
Council of the European Union Brussels, 16 September 2016 (OR. en) Interinstitutional File: 2016/0281 (COD) 12290/16 PROPOSAL From: date of receipt: 14 September 2016 To: No. Cion doc.: Subject: DEVGEN
More informationDeep and Comprehensive Free Trade Area (DCFTA) Initiative East
Deep and Comprehensive Free Trade Area (DCFTA) Initiative East Chisinau 4 July 2017 European Investment Bank European Investment Fund 1 DCFTA Initiative East Deep and Comprehensive Free Trade Area (DCFTA)
More informationFROM BILLIONS TO TRILLIONS:
98023 FROM BILLIONS TO TRILLIONS: MDB Contributions to Financing for Development In 2015, the international community is due to agree on a new set of comprehensive and universal sustainable development
More information19 Foro Iberoamericano. Madrid, 19 September European Investment Fund
19 Foro Iberoamericano Madrid, 19 September 2014 European Investment Fund EIF support of SMEs Structure of presentation 1. EIF at a Glance 2. The SME Guarantee Facility 3. Cooperation with Guarantee Schemes
More informationfinance institution Bram SCHIM VAN DER LOEFF
finance institution Pro Invest Consu ultation meeting Bram SCHIM VAN DER LOEFF Presentationn Structure EIB-background capital & lending . EIB - European Union s Created by the Treaty of Rome in 1958, to
More informationInvestment Plan for Europe
Investment Plan for Europe Giorgio Chiarion Casoni Head of Unit Financing of climate change, infrastructure policies and Euratom European Commission DG Economic and Financial Affairs Luxembourg, 5 March
More informationThe EU's External Investment Plan The new generation instrument for sustainable development
The EU's External Investment Plan The new generation instrument for sustainable development Brussels, 19 January 2018 Filiberto Ceriani Sebregondi, Head of Division, European External Action Service Francesca
More informationDGC 1B EUROPEAN UNION. Brussels, 13 September 2017 (OR. en) 2016/0281 (COD) PE-CONS 43/17
EUROPEAN UNION THE EUROPEAN PARLIAMT THE COUNCIL Brussels, 13 September 2017 (OR. en) 2016/0281 (COD) PE-CONS 43/17 DEVG 157 ACP 74 RELEX 599 ECOFIN 614 CADREFIN 82 ASIM 83 MAMA 122 COEST 166 COAFR 196
More informationResults financing EIB operations outside the EU
Results financing EIB operations outside the EU The European Investment Bank (EIB) is the EU bank. We support the EU s external priorities in some 160 partner countries worldwide, applying EU standards
More informationEuropean Investment Bank
European Investment Bank Great Lakes Regional Private Sector Forum Nairobi 22 June 2018 Catherine Collin Head of EIB Regional Representation for East Africa 22/06/2018 1 EIB: the bank of the European Union
More informationTREATY SERIES 2015 Nº 5
TREATY SERIES 2015 Nº 5 Internal Agreement between the representatives of the Governments of the Member States of the European Union, meeting within the Council, on the Financing of European Union Aid
More informationNBR-EIB Conference: Investment in Romania. Overview of EIB Group activities in Romania
NBR-EIB Conference: Investment in Romania Overview of EIB Group activities in Romania Flavia Palanza Director Central and South East Europe Department EIB Operations Directorate Roger Havenith Deputy CEO
More informationOur Expertise. IFC blends investment with advice and resource mobilization to help the private sector advance development.
Our Expertise IFC blends investment with advice and resource mobilization to help the private sector advance development. 76 IFC ANNUAL REPORT 2016 Where We Work As the largest global development institution
More informationProposal for a COUNCIL DECISION
EUROPEAN COMMISSION Brussels, 15.6.2016 COM(2016) 389 final 2016/0183 (NLE) Proposal for a COUNCIL DECISION on the financial contributions to be paid by Member States to finance the European Development
More informationCOMMISSION DECISION. of
EUROPEAN COMMISSION Brussels, 12.1.2018 C(2018) 204 final COMMISSION DECISION of 12.1.2018 on the Annual Action Programme 2018 part 1 in favour of the Pacific Region to be financed from the 11 th European
More informationTracking climate finance, EU financial instruments and lessons learned Berlin, 10 September 2014
Tracking climate finance, EU financial instruments and lessons learned Berlin, 10 September 2014 Ingmar JUERGENS, Senior Economic Advisor, European Commission Our Menu for Today 1. What information is
More informationCOMMISSION DECISION. of on the Annual Action Programme 2016 in favour of Uganda to be financed from the 11 th European Development Fund
EUROPEAN COMMISSION Brussels, 22.11.2016 C(2016) 7555 final COMMISSION DECISION of 22.11.2016 on the Annual Action Programme 2016 in favour of Uganda to be financed from the 11 th European Development
More informationEurope s Economic Challenges and a targeted EU Response
Europe s Economic Challenges and a targeted EU Response Pedro de Lima Head of Economic Studies Economics Department 14 February 2014 1 Outline Europe s growth and investment challenge How the EIB responds
More informationAccess to Finance EIF Guarantee & Equity Instruments. APRE Workshop Brussels, 14 th May 2014
Access to Finance 2014-2020 EIF Guarantee & Equity Instruments APRE Workshop Brussels, 14 th May 2014 Introduction to the EIF Section One 2 EIF at a Glance Geographic Focus /Intermediaries EU 28, EFTA,
More informationCOMMISSION DECISION. of
EUROPEAN COMMISSION Brussels, 10.10.2013 C(2013) 6750 final COMMISSION DECISION of 10.10.2013 on the Annual Action Programme 2013 Part 2 in favour of Intra-ACP cooperation to be financed from the 10 th
More informationEUROPEAN COMMISSION Employment, Social Affairs and Equal Opportunities DG DRAFT NOTE ON
EUROPEAN COMMISSION Employment, Social Affairs and Equal Opportunities DG ESF, Monitoring of Corresponding National Policies I, Coordination DRAFT NOTE ON THE EUROPEAN PROGRESS MICROFINANCE FACILITY AND
More informationInvestment and investment finance the Austrian case OeNB EIB workshop in Vienna,
Investment and investment finance the Austrian case OeNB EIB workshop in Vienna, 20.03.2017 Road ahead how to enhance investment in Austria The EIB in Austria Flavia Palanza, Director EIB Operations Directorate
More informationInstruments to support Africa-EU radio astronomy cooperation: Infrastructure investments
Instruments to support Africa-EU radio astronomy cooperation: Infrastructure investments Daan du Toit Representative of South African Vice-Chair of Africa Expert Group for Africa-EU Science, Information
More informationCOUNCIL OF THE EUROPEAN UNION. Brussels, 11 May /10 ECOFIN 249 ENV 265 POLGEN 69
COUNCIL OF THE EUROPEAN UNION Brussels, 11 May 2010 9437/10 ECOFIN 249 ENV 265 POLGEN 69 NOTE from: to: Subject: The General Secretariat of the Council Delegations Financing climate change- fast start
More informationThe Results Measurement (ReM) framework methodology
The Results Measurement (ReM) framework methodology The ReM framework methodology European Investment Bank September 2017 1 Introduction EIB lending is results-driven. Outside the EU, we use the Results
More informationEuropean Investment Bank in Armenia Welcome Speech. Mr. Jan Vapaavuori Vice President
European Investment Bank in Armenia Welcome Speech Mr. Jan Vapaavuori Vice President Yerevan 18 November 2016 European Investment Bank 1 European Investment Bank in Armenia Welcome Speech Dr. Piotr Antoni
More informationBahk Byongwon. Board Member, Korea API and Former Senior Economic Advisor to the President of Korea. Tokyo, Japan 11 May 2011
Bahk Byongwon Board Member, Korea API and Former Senior Economic Advisor to the President of Korea Tokyo, Japan 11 May 2011 Contents 1. European Bank for Reconstruction and Development (EBRD) 2. Black
More informationFollow-up by the European Commission to the EU-ACP JPA on the resolution on private sector development strategy, including innovation, for sustainable
Follow-up by the European Commission to the EU-ACP JPA on the resolution on private sector development strategy, including innovation, for sustainable Development. The European External Action Service
More informationACP-EU JOINT PARLIAMENTARY ASSEMBLY
ACP-EU JOINT PARLIAMENTARY ASSEMBLY RESOLUTION 1 ACP-EU 100.300/08/fin on aid effectiveness and defining official development assistance The ACP-EU Joint Parliamentary Assembly, meeting in Port Moresby
More informationBucharest, 12 November 2009
Hubert Cottogni Head of Regional Business Development Bucharest, 12 November 2009 JEREMIE Initiative in Central Europe This presentation was prepared by EIF. The information included in this presentation
More informationResolution adopted by the General Assembly. [on the report of the Second Committee (A/62/417/Add.3)]
United Nations A/RES/62/186 General Assembly Distr.: General 31 January 2008 Sixty-second session Agenda item 52 (c) Resolution adopted by the General Assembly [on the report of the Second Committee (A/62/417/Add.3)]
More informationOur Expertise. IFC blends investment with advice and resource mobilization to help the private sector advance development.
Our Expertise IFC blends investment with advice and resource mobilization to help the private sector advance development. Where We Work As the largest global development institution focused on the private
More informationCOSME Financial Instruments for SMEs
COSME Financial Instruments for SMEs 5 February 2014 George Lemonidis (Deputy Head of Unit) Unit D3: SME Access to Finance Directorate General for Enterprise and Industry 1 COSME financial Instruments
More informationImplementing EU financial instruments in a national context
Implementing EU financial instruments in a national context David Denzer-Speck Head of the KfW Liaison Office, Brussels European Parliament, 19 June 2017 Bank aus Verantwortung Agenda 1 KfW at a glance
More informationThe European External Investment Plan. Brussels,
The European External Investment Plan Brussels, 18.09.2017 The EIP> Highlights Why: To contribute to the attainment of the Sustainable Development Goals and, therefore, addressing root causes of migration.
More informationCOMMISSION DECISION. of
EUROPEAN COMMISSION Brussels, 6.7.2017 C(2017) 4903 final COMMISSION DECISION of 6.7.2017 on the Annual Action Programme 2017 part 2 in favour of the Pacific Region to be financed from the 11 th European
More informationDiscussion Paper. The EIB s innovative role in ACP countries under the Cotonou Agreement. Options beyond No. 196
European Centre for Development Policy Management Discussion Paper No. 196 July 2016 The EIB s innovative role in ACP countries under the Cotonou Agreement Options beyond 2020 by San Bilal and Sebastian
More informationEIB Funding for Social Housing - Overview. Gerry Muscat Head of Division, Urban Development Projects Directorate, European Investment Bank
EIB Funding for Social Housing - Overview Gerry Muscat Head of Division, Urban Development Projects Directorate, European Investment Bank Workshop Housing Europe, Brussels, 14 June 2016 1 Outline The EIB
More informationToday s programme. Project Finance Appraisal (TH): The long-term consequences of major projects illustrated by the Vasco da Gama Bridge, Lisbon (GC)
Project finance appraisal: an introduction Long-term consequences of major projects University College, London Tom Hackett & Gianni Carbonaro 10 th December 2012 1 Today s programme Two principal sections
More informationREPORT FROM THE COMMISSION TO THE COUNCIL
EUROPEAN COMMISSION Brussels, 21.2.2017 COM(2017) 84 final REPORT FROM THE COMMISSION TO THE COUNCIL on the implementation of the financial assistance provided to the Overseas Countries and Territories
More informationFINANCIAL STATEMENTS ON EIB ACTIVITY IN AFRICA, THE CARIBBEAN AND THE PACIFIC, AND THE OVERSEAS COUNTRIES AND TERRITORIES. years
20 17 FINANCIAL STATEMENTS ON EIB ACTIVITY IN AFRICA, THE CARIBBEAN AND THE PACIFIC, AND THE OVERSEAS COUNTRIES AND TERRITORIES years Financial Statements 2017 on EIB Activity in Africa, the Caribbean
More informationHORIZON 2020 W E L C O M E. Programme Committee for specific programme. SMEs & Access to Risk Finance. in configuration
HORIZON 2020 Programme Committee for specific programme in configuration SMEs & Access to Risk Finance 11 th meeting Brussels, 8 June 2016 W E L C O M E EBRD Action 14 in ARF WP 2016-2017 Draft Components
More informationThe Mid-Term Review of the 10 th EDF. Information package for SRHR and Health advocates in the Global South
The Mid-Term Review of the 10 th EDF Information package for SRHR and Health advocates in the Global South Content 1. Overview : the EDF, CSPs, NIPs 2. The Mid-Term Review (MTR) 3. Advocacy Opportunities
More informationSTATEMENT BY PHILIPPE MAYSTADT PRESIDENT OF THE EIB TO THE ANNUAL MEETING OF THE BOARD OF GOVERNORS Luxembourg, 4 June 2002
STATEMENT BY PHILIPPE MAYSTADT PRESIDENT OF THE EIB TO THE ANNUAL MEETING OF THE BOARD OF GOVERNORS Luxembourg, 4 June 2002 Let me welcome you all to the Annual Meeting of the Board of Governors of the
More informationTransport and infrastructure: How EU Blending can help?
Transport and infrastructure: How EU Blending can help? Seminar Transport and Infrastructure in the EU external aid instruments Brussels, 11 June 2013 Yves des Rieux - DEVCO.C3 Innovative financing Why
More informationThe EIB Group and MALTA. 31/10/2017 European Investment Bank Group 1
The EIB Group and MALTA 31/10/2017 European Investment Bank Group 1 The EIB Group Providing finance and expertise for sound and sustainable investment projects Leading developer of risk financing for innovative
More informationCE TEXTE N'EST DISPONIBLE QU'EN VERSION ANGLAISE
CE TEXTE N'EST DISPONIBLE QU' VERSION ANGLAISE ANNEX 1 1. IDTIFICATION Title/Number Support Services to the National Authorising Officer CRIS NO: FED/2009/021-496 Total cost Total: 315,800 (EC Contribution:
More informationCOUNCIL OF THE EUROPEAN UNION. Brussels, 22 March /12 ADD 1 CADREFIN 160 POLGEN 52. ADDENDUM TO THE NOTE from: Presidency
COUNCIL OF THE EUROPEAN UNION Brussels, 22 March 2012 8057/12 ADD 1 CADREFIN 160 POLG 52 ADDDUM TO THE NOTE from: Presidency to: Council Subject: Multiannual Financial Framework (2014-2020) - Sections
More informationFinancial instruments - Commission guidance notes. Paris, 22 March 2016
Financial instruments - Commission guidance notes Paris, 22 March 2016 FIs life cycle - guidance private co-investor Ex-ante assessment grant Managing Authority Funding agreement Fund of Fund (FoF) Funding
More informationRegional integration and 11 th EDF support in the Eastern, Southern Africa and the Indian Ocean region
Regional integration and 11 th EDF support in the Eastern, Southern Africa and the Indian Ocean region ACP-EU joint Parliamentary Assembly 11 th Regional meeting A new approach to Regional programming
More informationPublic hearing on The extension of the duration of the European Fund for Strategic Investment (EFSI 2.0) 10 November 2016
Public hearing on The extension of the duration of the European Fund for Strategic Investment (EFSI 2.0) 10 November 2016 Agenda EUROPEAN FUND FOR STRATEGIC INVESTMENTS (EFSI) A SUCCESSFUL FIRST YEAR EUR
More informationEU: crisis, reactions and the EIB
INTERNATIONAL BANKING FORUM 2013 Brescia, 13-14 June 2013 Markus BERNDT Head of Division, Policy + Strategy, Economics Department European Investment Bank m.berndt@eib.org Economist for Italy: Luca Gattini,
More informationCouncil of the European Union Brussels, 22 February 2017 (OR. en) Mr Jeppe TRANHOLM-MIKKELSEN, Secretary-General of the Council of the European Union
Council of the European Union Brussels, 22 February 2017 (OR. en) 6590/17 COVER NOTE From: date of receipt: 21 February 2017 To: No. Cion doc.: Subject: ACP 14 PTOM 7 FIN 130 RELEX 164 Secretary-General
More informationUpdate on the design of the Smallholder and Small and Medium-Sized Enterprise Investment Finance Fund (SIF) at IFAD
Document: EB 2017/120/R.26 Agenda: 21 Date: 28 March 2017 Distribution: Public Original: English E Update on the design of the Smallholder and Small and Medium-Sized Enterprise Investment Finance Fund
More informationInstruments in favour of SME Financing. International conference on guarantees Budapest 3-4 October 2013
Instruments in favour of SME Financing International conference on guarantees Budapest 3-4 October 2013 1 Helping businesses at every stage Public Stock Markets Portfolio Guarantees & Credit Enhancement
More informationCouncil conclusions on "First Annual Report to the European Council on EU Development Aid Targets"
COUNCIL OF THE EUROPEAN UNION Council conclusions on "First Annual Report to the European Council on EU Development Aid Targets" 3091st FOREIGN AFFAIRS Council meeting Brussels, 23 May 2011 The Council
More informationACP- EC COTONOU AGREEMENT
ACP- EC COTONOU AGREEMT AFRICAN, CARIBBEAN AND PACIFIC GROUP OF STATES COUNCIL OF THE EUROPEAN UNION Brussels, 29 May 2007 ACP/81/036/07 ACP-CE 2113/07 ACP-EC DECISION Subject : Decision No 1/2007 of the
More informationMEMORANDUM OF UNDERSTANDING. between THE EUROPEAN INVESTMENT BANK. and THE INTER-AMERICAN DEVELOPMENT BANK
MEMORANDUM OF UNDERSTANDING between THE EUROPEAN INVESTMENT BANK and THE INTER-AMERICAN DEVELOPMENT BANK 13 December 2004 MEMORANDUM OF UNDERSTANDING between THE EUROPEAN INVESTMENT BANK and THE INTER-AMERICAN
More informationALA Asia and Latin America
Seminar EIB lending outside the EU Brussels, 28 June 2007 ALA Asia and Latin America Matthias Zöllner Head of Division Asia The 2007-2013 Mandate The Council approved in December 2006 a new Mandate for
More informationDelegations will find in the Annex to this note the above Council Conclusions, which were adopted by the Council on 23 May 2011.
COUNCIL OF THE EUROPEAN UNION Brussels, 23 May 2011 10593/11 DEVGEN 162 FIN 350 ACP 131 PTOM 28 COLAT 17 COASI 92 NOTE From: General Secretariat No. prev. doc.: 10187/11 Subject: Council Conclusions: First
More information2.2. Lessons learnt 2.3. Complementary actions 2.4. Donor coordination
2.2. Lessons learnt EDF projects have been implemented in Sierra Leone for three decades for the rehabilitation of both main and rural roads, providing valuable experience to the SLRA as well as the Commission
More informationFinancial instruments - Commission guidance notes (and new off the shelf instruments) Warsaw, 8 March 2016
Financial instruments - Commission guidance notes (and new off the shelf instruments) Warsaw, 8 March 2016 Hanna Dudka, Robert Pernetta European Commission, DG REGIO FIs life cycle - guidance private co-investor
More informationMFF Mid-term review/revision. Presentation of Commission proposals to Coreper 21 September 2016
MFF 2014-2020 Mid-term review/revision Presentation of Commission proposals to Coreper 21 September 2016 MID-TERM REVIEW PACKAGE PACKAGE Mid-term review Communication (and Staff working document) Proposal
More informationAt its meeting on 19 May 2014, the Council (Foreign Affairs/Development) adopted the Conclusions set out in the Annex to this note.
COUNCIL OF THE EUROPEAN UNION Brussels, 19 May 2014 (OR. en) 9989/14 DEVGEN 135 RELEX 427 ACP 89 WTO 170 ONU 64 OCDE 4 NOTE From: To: Subject: General Secretariat of the Council Delegations Council Conclusions
More informationConnecting Europe Broadband Fund
Connecting Europe Broadband Fund EFSI: Achieving complementarity with the EAFRD and setting up investment platforms Brussels, 19 April 2016 Laure Blanchard-Brunac Broadband Unit (B5), DG CONNECT Agenda
More informationDelivering on European Fund for Strategic Investments (EFSI) Jukka Luukkanen Head of Helsinki Office Helsinki
Delivering on European Fund for Strategic Investments (EFSI) Jukka Luukkanen Head of Helsinki Office Helsinki 11.05.2017 EIB at a Glance We are the world s largest International Financial Institution 1958
More informationOperations Evaluation
Overview Report 2009 European Investment Bank European Investment Bank European Investment Bank European Investment Bank European Investment Bank Operations Evaluation EIB activities outside the European
More informationSUBMISSION BY DENMARK AND THE EUROPEAN COMMISSION ON BEHALF OF THE EUROPEAN UNION AND ITS MEMBER STATES
SUBMISSION BY DENMARK AND THE EUROPEAN COMMISSION ON BEHALF OF THE EUROPEAN UNION AND ITS MEMBER STATES Bonn, 25 May 2012 Subject: EU Fast Start Finance Report Key Messages In accordance with developed
More informationEU Multiannual Financial Framework. Elise Vanormelingen September 2011
2014 2020 EU Multiannual Financial Framework Elise Vanormelingen September 2011 Outline of the presentation What is the MFF? Three fundamental questions about future EU funding How does it currently work?
More informationOpening slide. Good morning Ladies and Gentlemen,
Please check against the spoken word The bank of the European Union Brussels, 22 February 2011 Opening slide Good morning Ladies and Gentlemen, I am pleased to share with you today the European Investment
More informationInnovation in public-private financing instruments the role of the EIB and of EFSI in boosting clean energy investment in 2030
Innovation in public-private financing instruments the role of the EIB and of EFSI in boosting clean energy investment in 2030 Boosting the clean energy infrastructure pipeline 2020-2030: the role of National
More informationFacilitating European SMEs' Access to Finance
Facilitating European SMEs' Access to Finance 3 October 2013 Directorate General for Enterprise and Industry of the European Commission Unit D3: SME Access to Finance Astrid Bartels (Policy Officer) 1
More informationJAES Action Plan : Cross-cutting issues
JAES Action Plan 2011-13: Cross-cutting issues Both sides agree on the following options on cross-cutting issues to enhance the effectiveness of the Action Plan and to improve its working methods. Introduction
More informationClimate Insurance Fund (CIF) Luxembourg, June 2017
Climate Insurance Fund (CIF) Luxembourg, June 2017 KfW Development Bank s Role in Insurance Our Mandate As the German development bank, our objectives is help our partners to fight poverty, maintain peace,
More informationThe Pitfalls of Innovative Private Sector Financing
The Pitfalls of Innovative Private Sector Financing Emerging lessons from benchmarking of investment funds supported by aid agencies Summary Report 25 August 2015 Executive summary Aid agencies have widely
More informationFINANCING ENERGY EFFICIENCY
FINANCING ENERGY EFFICIENCY Financing Energy Renovation of buildings in Italy, Croatia and Slovenia 16 November 2017, Milan, Italy Berna Topaloğlu Senior Energy Efficiency Specialist 1 CONTENT 1. Who We
More informationDifferent perspectives on equity instruments now and into the future EIB s experience and look-aheads
Different perspectives on equity instruments now and into the future EIB s experience and look-aheads Jean-François Leprince, Financial Instruments Western Europe, European Investment Bank Equity / Quasi-Equity
More informationCOMMISSION DECISION. of
EUROPEAN COMMISSION Brussels, 27.10.2017 C(2017) 7206 final COMMISSION DECISION of 27.10.2017 on the 2017 Annual Action Programme in favour of the Republic of Haiti to be financed from the 11 th European
More informationANNEX Action Fiche for Technical Cooperation Facility II for Palau
ANNEX Action Fiche for Technical Cooperation Facility II for Palau 1. IDENTIFICATION Title Technical Cooperation Facility CRIS no. FED/2013/024-369 Total cost 180,000 (6.2% of NIP A envelope) EDF contribution
More informationREPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL
EUROPEAN COMMISSION Brussels, 30.10.2014 COM(2014) 686 final REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL on financial instruments supported by the general budget according to
More information