The Investment Plan for Europe. European Fund for Strategic Investment (EFSI)
|
|
- Deborah Charles
- 5 years ago
- Views:
Transcription
1 The Investment Plan for Europe European Fund for Strategic Investment (EFSI) June 2015
2 EU Economic context EU growth benefitting from economic tailwinds Low oil, low Euro, QE, broadly neutral fiscal stance Boost for an otherwise mild cyclical upswing GDP expected +1.8% in 2015; +2.1% in 2016 Labour markets are slowly improving but unemployment remains high in certain countries Inflation expected to recover later this year Medium-term outlook still affected by structural and crisis-related weaknesses 1
3 EU Political context Six months into a new five year mandate New Commission led by President Juncker New focus, new structures 2
4 EU Investment Plan: rationale EU investment & competitiveness gap EU Investment Plan High liquidity in the market Public budget constraints EU/MS policy action + EU budget + EIB capacity to mobilise private sector funds towards strategic investments. Financial and non-financial barriers to investment 3
5 The challenge of boosting investment "Sustainable" trend of investment assuming a share in GDP of 21-22% 3,039 3,021 Gap compared to sustainable trend 2,869 2,527 2,640 2,543 2,567 2,528 2,717 2,657 2,714 2,659 2,647 2, ,416 4
6 EU Investment Plan: estimated impact 5
7 EU Investment Plan: 3 pillars 1. MOBILISING FINANCE FOR INVESTMENT 2. MAKING FINANCE REACH THE REAL ECONOMY Boost to strategic investment and access to finance for SMEs and mid-cap companies via the European Fund for Strategic Investment (EFSI) EIB/EIF Cooperation with National Promotional Banks and the EIB Investment Project Portal European Investment Advisory Hub: technical assistance 3. IMPROVED INVESTMENT ENVIRONMENT Predictability and quality of regulation Removing non-financial, regulatory barriers in key sectors within EU Single Market Structural reforms at national level 6
8 3. Improved investment environment Better and more predictable regulation at all levels Capital Markets Union Making most of the Single Market Energy Union Digital Single Market Services Market Better implementation and enforcement Structural reforms in the Member States Openness to international trade and investment 7
9 2. Making finance reach the real economy Building a dynamic pipeline of viable projects European Investment Project Portal Matching investment opportunities proposed by project sponsors with investors' interest Strengthening advisory services European Investment Advisory Hub Technical assistance Pooling resources & expertise 8
10 2a. European Investment Project Portal Bridge between EU's investment opportunities and potential investors. A web portal enables EU-based project promoters (public authorities, private, PPP) to share their investment proposals seeking external financing, in a transparent way. Investors can search for opportunities across Europe (size, sector, geography). Effective form of presenting new project ideas to the market (G20/ OECD experience). 9
11 2b. European Investment Advisory Hub A single access point to a wide range of advisory services. Strengthened advisory support throughout the project cycle: project identification, preparation and implementation incl. the use of financial instruments, advice on structuring and implementing publicprivate partnerships and facilitation of access to finance. A cooperation platform a peer-to-peer exchange and sharing of know-how regarding advisory services. The Hub: a gateway to Targeted advisory support for project development. Technical capacity building. Expert guidance from experienced financial & technical professionals. Information and knowledge sharing The Hub seeks to improve project quality and be the reference point for project advisory support in Europe. 10
12 1. European Fund for Strategic Investment (EFSI) EU guarantee 16bn 5bn EFSI 21 bn Infrastructure & Innovation window SME window EIB financing EIF financing Long-term investments 240 bn SMEs and mid-cap firms 75 bn Total over 3 years: 315 bn 11
13 Infrastructure and Innovation window SOURCES OF FUNDING TYPICAL PRODUCTS OFFERED FINAL RECIPIENTS AND TYPICAL PROJECTS The Fund serves as credit protection for new EIB activities Long-term senior debt for higher risk projects Other investors join in on a project basis Transport infra Broadband infra Long-term investment funds Energy infra European Fund for Strategic Investments Subordinated loans Innovation Energy Resource efficiency Research Renewable energy Equity and quasi-equity SMEs Education 12
14 SMEs and mid-cap window SOURCES OF FUNDING TYPICAL PRODUCTS OFFERED FINAL RECIPIENTS AND PROJECT EXAMPLES European Fund for Strategic Investments The Fund serves as credit protection for new EIF activities Venture Capital Guarantees Securitisation Other investors join in on a project basis SME e.g. equity in a start-up e.g. microloans to a SME e.g. loans for R&D project Growth finance Mid-cap company e.g. venture capital for a prototype 13
15 Key features of EFSI /1 Focus on investments in real economy Measurable results on growth and jobs Market-driven, no political interference No geographic or sector pre-allocation Support to EU policies Leverage / crowd-in private sector and third parties Economic and technical viability Additionality vs existing instruments Higher risk-taking than EIB normal activity 14
16 Key features of EFSI /2 Size of investments EIB uses min 25m for individual loans Smaller schemes can be grouped into framework loans No restriction for operations via fin. Intermediaries (eg for SMEs) Cross-border Investments between a partner in MS and extending to countries in PreAccession and Neighbourhood can be covered by EFSI 15
17 Opportunities for promoters/investors Projects Cofinancing / Risk-sharing with EIB/EIF Investment Platforms Pooling of projects with thematic or geographic focus Agreement or Fund Can benefit from EU Guarantee via EIB Cooperation with EU National Promotional Banks 16
18 EFSI project cycle Project promoters present proposal to EIB/EIF directly EIB/EIF due diligence EFSI Investment Committee approval of EU guarantee EIB/EIF Board approval Signature Financing Implementation and monitoring 17
19 EFSI Governance EFSI Investment Committee (8 independent experts) Decisions on use of EU guarantee for each operation based on Investment guidelines EFSI Steering Board (EC/EIB) Strategic orientation Policy setting EFSI Managing Director Daily management 18
20 EIB started approvals since Apr-2015 Bioscience R&D (Spain) 240m Primary care PPP (Ireland) 140m Airport expansion (Croatia) 246m Industry modernisation (Italy) 227m Renewable energy (Denmark) 2bn Energy efficiency in buildings (France) 800m Gas transmission (Spain) 326m Pulp production upgrade (Finland) 1.2bn 19
21 Status and next steps Status Political agreement by EU Institutions reached end May, to be formalised by June. Eight projects have already received EIB pre-financing. Next steps Project can be submitted to EIB for EFSI financing EFSI and Advisory Hub operational Sep-Oct 2015 Investment Project Portal operational by end
22 Thank you for your attention more information available at: #investeu #EFSI
The Investment Plan for Europe. European Fund for Strategic Investments (EFSI)
The Investment Plan for Europe European Fund for Strategic Investments (EFSI) Florentine Hopmeier DG ECFIN Vilnius, 18 September 2015 EU Investment Plan: rationale EU investment & competitiveness gap EU
More informationThe Investment Plan for Europe. Brussels
The Investment Plan for Europe Brussels EU economic context Despite challenging global economic environment, the recovery in the EU continued at a moderate pace (GDP forecast 2015=1,8%); Most former vulnerable
More informationThe Investment Plan for Europe. European Fund for Strategic Investments (EFSI)
The Investment Plan for Europe European Fund for Strategic Investments (EFSI) EU economic context The European economic recovery is now in its third year. It should continue at a modest pace next year
More informationTHE INVESTMENT PLAN FOR EUROPE
THE INVESTMENT PLAN FOR EUROPE EU INVESTMENT PLAN: RATIONALE EU INVESTMENT & COMPETITIVENESS GAP HIGH LIQUIDITY IN THE MARKET PUBLIC BUDGET CONSTRAINTS EU Investment Plan EU/MS policy action + EU budget
More informationEFSI's financing for RDI-related projects
EFSI's financing for RDI-related projects 30 th Plenary meeting of ERAC Brussels, 22 April 2016 Jean-David MALO Head of Unit "SMES, Financial Instruments & State Aids" EU ECONOMIC CONTEXT The European
More informationAn Investment Plan for Europe
An Investment Plan for Europe The "virtuous triangle" INVESTMENT STRUCTURAL REFORMS FISCAL RESPONSIBILITY 1 An Investment Plan for Europe MOBILISING FINANCE FOR INVESTMENT MAKING FINANCE REACH THE REAL
More informationDelivering on the European Fund for Strategic Investments (EFSI)
Investment Plan for Europe Delivering on the European Fund for Strategic Investments (EFSI) 2016 European Investment Bank Group 1 Why an Investment Plan for Europe? Investment & competitiveness gap High
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 INVESTMENT PLAN FOR EUROPE
FIEC information workshop, Brussels 21 January 2016 THE INVESTMENT PLAN FOR EUROPE EUROPEAN FUND FOR STRATEGIC INVESTMENTS (EFSI) SME WINDOW Dražen Budimir COSME Financial Instruments European Commission
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 informationEU Access to finance schemes for Research, Development and Innovation, including for Space-related projects / bodies
EU Access to finance schemes for Research, Development and Innovation, including for Space-related projects / bodies Fostering the European Space Economy: Market conditions for the space industry Workshop
More informationInvestment Plan: How the European Fund for Strategic Investments (EFSI) can support tourism sector?
Investment Plan: How the European Fund for Strategic Investments (EFSI) can support tourism sector? EU financing for innovation in tourism Brussels, 27 September 2017 Laure Blanchard-Brunac, Adviser to
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 informationEFSI. CretaFarm. Report on EIB operations Inside the EU With the three pillar Assessment methodology EFSI. Unlocking investment
EFSI CretaFarm Report on EIB operations Inside the EU 2015 With the three pillar Assessment methodology EFSI Unlocking investment 1 European Fund for Strategic Investments (EFSI) Under the Investment Plan
More informationThe European Fund for Strategic Investments (EFSI)
Issue 11/ 2016 6 April The European Fund for Strategic Investments (EFSI) Maximising its Potential Guiding principle of EFSI is to stimulate private, market-based investments, not to replace them In this
More informationInvestment Plan for Europe Delivering on the European Fund for Strategic Investments (EFSI)
Investment Plan for Europe Delivering on the European Fund for Strategic Investments (EFSI) Jukka Luukkanen Head of Helsinki Office Helsinki 12/04/2016 1 EIB at a Glance We are the world s largest International
More informationAnne Bucher. Director DG ECFIN European Commission
Director DG ECFIN European Commission Investing in Europe A sobering medium term outlook for the EU economy Short term economic prospects for the EU have brightened over the last twelve months. The strengthening
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 informationInvestment Plan for Europe
Investment Plan for Europe Delivering on the European Fund for Strategic Investments (EFSI) Roger HAVENITH Deputy Chief Executive at EIF October 2017 1 Why an Investment Plan for Europe? Issues: Investment
More informationFunding science, research & innovation
Funding science, research & innovation HORIZON 2020 and EFSI: expanding possibilities WORKSHOP ON R&I AND EFSI HELSINKI, 8.12.15 Steve Rogers DG RTD, European Commission Horizon 2020's financial instruments
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 informationEuropean Investment Project Portal The meeting place for promoters and investors. Filipa Ramalho - European Commission
The meeting place for promoters and investors Filipa Ramalho - Commission 1. What is the? The (EIPP) ec.europa.eu/eipp EU Project Promoters Public/Private International Investors Community The EU Online
More informationInvest-Nl: The new National Promotional Institution in The Netherlands
Wednesday, 22 November 2017 Invest-Nl: The new National Promotional Institution in The Netherlands Long-term sustainable finance and sustainable, strategic infrastructure and innovation. Good morning ladies
More informationDelivering on the European Fund for Strategic Investments (EFSI)
18/11/2015 European Investment Bank Group 1 Investment Plan for Europe Delivering on the European Fund for Strategic Investments (EFSI) Natixis Infrastructures day, Paris 18 November 2015 EFSI targeted
More information1.Financial Instruments under ESIF Synergies between ESIF and EFSI (Juncker Plan) 3. Commission Guidance on Financial Instruments
1.Financial Instruments under ESIF 2014-2020 2. Synergies between ESIF and EFSI (Juncker Plan) 3. Commission Guidance on Financial Instruments NIKOSIA, 14 APRIL 2016 Overview:all Financial instruments
More informationCONNECTING EUROPE FACILITY and beyond
CONNECTING EUROPE FACILITY and beyond Strengthening Europe's energy network PCIs Foundations laid down in the Treaty on the Functioning of the EU Trans-European networks Title XVI Article 170 172 (Legal
More informationEuropean Fund for Strategic Investments (EFSI): Rationale and Impact
European Fund for Strategic Investments (EFSI): Rationale and Impact Stéphane Ouaki, Head of Unit Connecting Europe Investment Strategy PRIME meeting 5 th February 2015 Context matters: Why EFSI and why
More informationEuropean Structural and Investment FUNDS and European Fund for Strategic Investments complementarities
European Structural and Investment FUNDS and European Fund for Strategic Investments complementarities ENSURING COORDINATION, SYNERGIES AND COMPLEMENTARITY FEBRUARY 2016 Cover illustration: istockphoto
More informationBEYOND THE CYCLE TO INVEST FOR THE NEXT GENERATION
BEYOND THE CYCLE TO INVEST FOR THE NEXT GENERATION Tanguy DESROUSSEAUX Head of Public Sector & Infrastructure Financing for France Western Europe Department European Investment Bank Paris, May 03, 2018
More informationEFSI Stakeholders consultation
EFSI Stakeholders consultation Summary report 8 December 2017 Prepared by EFSI Secretariat This report summarises the discussions from the EFSI Stakeholders consultation event on the orientation and implementation
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 informationInvestment project pipeline The European Minerals Investment Platform DISCUSSION PAPER
Investment project pipeline The European Minerals Investment Platform DISCUSSION PAPER 1. Background a. The Juncker Plan The European Commission adopted a Communication on "An Investment Plan for Europe"
More informationEFSI State of play and role of National Promotional Banks
EFSI State of play and role of National Promotional Banks Workshop EFSI: Achieving complementarity with the EAFRD and setting up investment platforms Brussels, 19 April 2016 WE ARE THE WORLD S LARGEST
More informationRecommendations on what the EC can do to promote uptake of EFSI by the social services sector
Recommendations on what the EC can do to promote uptake of EFSI by the social services sector Commissioned, monitored and guided in 2015 by EASPD Researched and Written in 2015 by Diesis Coop and Sefea
More informationWEI Malmö, 04/11/2016. EU developments relevant to the sector
DG Internal Market, Industry, Entrepreneurship and SMEs Directorate C: Industrial Transformation & Advanced Value Chains Unit C-2: Resource Efficiency & Raw Materials WEI Malmö, 04/11/2016 EU developments
More informationEuropean Investment Bank and France Stratégie Workshop, 11 March 2016, Paris Fact Finding on Investment and the Investment Gap in France and in Europe
European Investment Bank and France Stratégie Workshop, 11 March 2016, Paris Fact Finding on Investment and the Investment Gap in France and in Europe 01/04/2016 Christoph Weiss The EIB co-organised a
More informationDr. Werner Hoyer President of the European Investment Bank. Closing Europe s Investment Gaps
Dr. Werner Hoyer President of the European Investment Bank Closing Europe s Investment Gaps Keynote speech at Tatra Summit addressed by Vazil Hudak, Vice-president of the European Investment Bank in absence
More information1 December 2016, Rome Christos Pouris, EIB
1 December 2016, Rome Christos Pouris, EIB What is EFSI? EFSI is an EU initiative launched jointly by the European Commission and the EIB Group and forms an integral part of the Investment Plan for Europe
More informationEuropean Fund for Strategic Investments (EFSI) EFSI 2.0 New Opportunities for Cities & Regions?
European Fund for Strategic Investments (EFSI) EFSI 2.0 New Opportunities for Cities & Regions? Matthieu Bertrand, EFSI Mandate Officer, Mandate Management, Operations Directorate, EIB Lunchtime briefing,
More informationThe implementation of the European Fund for Strategic Investment (EFSI) - How does it work?
The implementation of the European Fund for Strategic Investment (EFSI) - How does it work? FI-Compass ESF - Roma Matthieu Bertrand EFSI Senior Mandate Manager, EIB, Directions of Operations 1 December
More informationEuropean Investment Bank
European Investment Bank RAIL INVESTMENTS Potential Use of Financial Instruments EESC conference: Shaping the future of Core Network Corridors Milan, October 25 th, 2016 European Investment Bank 2 Disclaimer
More informationThe extension of the duration of the European Fund for Strategic Investment (EFSI 2.0)
The extension of the duration of the European Fund for Strategic Investment (EFSI 2.0) European Economic and Social Committee Public Hearing Matthieu Bertrand EFSI Senior Mandate Manager, EIB, Directions
More informationLeading Economic indicators
Leading Economic indicators updated September 1, 2015 GDP by Quarter -Trends in major european areas Fonte Eurostat, August 2015 1,2 1 0,8 0,6 0,4 0,2 0-0,2 3o 13 4 1o 14 2 3 4 1o 15 2 EU18 0,1 0,2 0,3
More informationScoping Paper for Access to Risk Finance Work-Programme
Scoping Paper for Access to Risk Finance Work-Programme 2018-2020 1. Context This scoping paper draws on the report 1 of the 'Access to Risk Finance' Advisory Group; discussions at the Latvian, Luxembourg
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 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 informationEU Financial Instruments for SMEs
EU Financial Instruments for SMEs AECM Annual Event Porto, 21-25 June 2016 Jean-David MALO Head of Unit "SMEs, Financial Instruments and State Aids" European Commission DG Research and Innovation EU financial
More informationThe Role of RSFF (Risk Sharing Finance Facility) in Financing RDI Investments
The Role of RSFF (Risk Sharing Finance Facility) in Financing RDI Investments 1 EIB EIB Profile The European Investment Bank is the European Union s long-term financing institution. The Bank acts as an
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 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 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 information#InvestEU. European Fund for Strategic Investment (EFSI): Opportunities in Lithuania
European Fund for Strategic Investment (EFSI): Opportunities in Lithuania 10 January 2017, VILNIUS. Marius Vaščega, European Commission Economic Governance Officer in Lithuania Economic Policy Priorities
More informationAccess to Finance Horizon 2020 Space Information Day Brussels, 9-10 November 2015
Access to Finance Brussels, 9-10 November 2015 Vygandas JANKŪNAS, Policy Officer, Unit B.3 SMEs, Financial Instruments & State Aid, DG Research & Innovation, European Commission Content Rationale & Basics
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 informationFinancial instruments under ESI funds
Regional Financial instruments under ESI funds 2014-2020 VÖB/EAPB/Representation of Lower Saxony workshop Brussels, 7 March 2016 Dr Joerg Lackenbauer, DG Regional and Urban European Commission Regional
More informationProposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL
EUROPEAN COMMISSION Brussels, 14.9.2016 COM(2016) 597 final 2016/0276 (COD) Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Regulations (EU) No 1316/2013 and (EU) 2015/1017
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 informationEFSI and Investment Platforms: state of play. CDP & EIF initiatives: 2i per l impresa, ENSI, Equity Platform, CEBF
EFSI and Investment Platforms: state of play CDP & EIF initiatives: 2i per l impresa, ENSI, Equity Platform, CEBF Bruxelles, 26 September 2016 CDP: Mission and Ownership CDP is the National Promotional
More informationEUROPEAN INVESTMENT BANK E U R O P E A N F U N D F O R S T R A T E G I C I N V E S T M E N T S S T E E R I N G B O A R D EFSI STRATEGIC ORIENTATION
EUROPEAN INVESTMENT BANK SB/22/2017 Document 30-2016 Final FOR DECISION E U R O P E A N F U N D F O R S T R A T E G I C I N V E S T M E N T S S T E E R I N G B O A R D EFSI STRATEGIC ORIENTATION Update
More informationThe SME Initiative. A joint Commission presentation. SME Initiative workshop Brussels, 23 April 2015
The SME Initiative A joint Commission presentation SME Initiative workshop Brussels, 23 April 2015 SMEs are the backbone of EU economy SMEs employ 2/3 of private sector workforce and create 58% of gross
More information2017 Figures summary 1
Annual Press Conference on January 18 th 2018 EIB Group Results 2017 2017 Figures summary 1 European Investment Bank (EIB) financing EUR 69.88 billion signed European Investment Fund (EIF) financing EUR
More informationHow does an equity scheme work? Miglena Dobreva, EIB, Financial Instruments Advisor
How does an equity scheme work? Miglena Dobreva, EIB, Financial Instruments Advisor How does it work? 2 Possible scope and relation to the CPR Thematic Objectives for ESIF Equity can support undertakings
More informationThe European Investment Fund: Challenges and opportunities for Spain
The European Investment Fund: Challenges and opportunities for Spain Carmen López Herrera 1 The rollout of the European Fund for Strategic Investments (EFSI), also known as the Juncker Plan, creates attractive
More informationCOMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS
EUROPEAN COMMISSION Brussels, XXX [ ](2016) XXX draft COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS
More informationFinancial Instruments DG Regional and Urban Policy Budapest 24th April 2015
Financial Instruments DG and Urban Policy Budapest 24th April 2015 ESIF and the Investment Plan Investment Plan for Europe 1. Mobilise finance for investment 2. Make finance reach the real economy European
More informationCEF conventional calls and call for blending 2016
CEF conventional calls and call for blending 2016 Financial Opportunities for the Italian Port System and Logistics 9 November 2016 Antongiulio Marin European Commission DG Mobility and Transport Head
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 informationMitä uutta eurooppalaiset rahoitusvälineet tarjoavat suomalaisille rahoitusalan toimijoille?
Mitä uutta eurooppalaiset rahoitusvälineet tarjoavat suomalaisille rahoitusalan toimijoille? Eurooppalaisten rahoitusvälineiden hyödyntäminen yritysten ja hankkeiden rahoituksessa Helsinki 8.12.2016 Jukka
More informationUnion's External Investment Plan New Generation Instrument for Sustainable Development. Lunchtime conference External Cooperation Infopoint
Union's External Investment Plan New Generation Instrument for Sustainable Development Lunchtime conference External Cooperation Infopoint 12.30-13.45 10 November 2017 Why we act? "Less than 10 per cent
More informationReport on EIB operations Inside the EU With the three pillar Assessment methodology. SMEs. Employment and growth
Report on EIB operations Inside the EU 2015 With the three pillar Assessment methodology SMEs Employment and growth 1 SMEs and Midcaps finance SMEs and Midcaps are vital to the wellbeing of Europe s economy.
More informationTHE EUROPEAN INVESTMENT BANK
THE EUROPEAN INVESTMENT BANK The European Investment Bank (EIB) furthers the objectives of the European Union by providing long-term project funding, guarantees and advice. It supports projects both within
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 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 informationCommittee on Budgets Committee on Economic and Monetary Affairs. Committee on Budgets Committee on Economic and Monetary Affairs
European Parliament 2014-2019 Committee on Budgets Committee on Economic and Monetary Affairs 2016/2064(INI) 30.1.2017 DRAFT REPORT on the implementation of the European Fund for Strategic Investments
More informationFinancial Instruments under ESI Funds
Financial Instruments under ESI Funds 2014-2020 INFORM meeting, 24 June 2015, Lille Bogna Filipiuk-Olteanu, REGIO.B3 European Commission FINANCIAL INSTRUMENTS ARE MORE EFFICIENT REVOLVING EFFECT LEVERAGE
More informationCOMMISSION STAFF WORKING DOCUMENT
EUROPEAN COMMISSION Brussels, 6.6.2018 SWD(2018) 316 final COMMISSION STAFF WORKING DOCUMENT EVALUATION of the European Fund for Strategic Investments, of the European Investment Advisory Hub, and of the
More informationInvestment in Germany and the EU
Investment in Germany and the EU Pedro de Lima Head of the Economics Studies Division Economics Department Berlin 19/12/2016 11/01/2017 1 Slow recovery of investment, with strong heterogeneity Overall
More informationCement Sustainability Initiative. Climate Finance. European Investment Bank
Cement Sustainability Initiative Climate Finance European Investment Bank Alberto BARRAGAN Madrid, 14 December 2016 European Investment Bank Group 1 EIB capital breakdown: 28 EU Member States European
More informationREPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL ON BORROWING AND LENDING ACTIVITIES OF THE EUROPEAN UNION IN 2016
EUROPEAN COMMISSION Brussels, 23.11.2017 COM(2017) 682 final REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL ON BORROWING AND LENDING ACTIVITIES OF THE EUROPEAN UNION IN 2016 EN EN
More informationEFSI Transport Workshop. 21/11/2016 European Investment Bank Group 1
EFSI Transport Workshop 21/11/2016 European Investment Bank Group 1 Contents EIB and transport lending EFSI for transport objectives EU-backed financial instruments 21/11/2016 European Investment Bank
More informationInnovative Financial Instruments supporting the delivery of the policy objectives of the Cork 2.0 Declaration
Innovative Financial Instruments supporting the delivery of the policy objectives of the Cork 2.0 Declaration 03/05/2017 European Investment Bank Group 1 EIB the EU bank at a glance EU Institution EU s
More informationHorizon 2020 Financial Instruments
Horizon 2020 Financial Instruments @ TAIEX Workshop on EU Access to Finance day and COSME Programme 2014-2020 Belgrade, Republic of Serbia 8 March 2016 Martine Diss, Deputy Head of Unit and Drazen Budimir,
More informationEIB Support for Strategic Investments. EU Investment Funds Opportunities for the Regions Waterford, April 20th, 2018
EIB Support for Strategic Investments EU Investment Funds Opportunities for the Regions Waterford, April 20th, 2018 The EIB at a glance Created 1958 and owned by EU member states Largest multilateral lender
More informationComments of the European Association Public Banks (EAPB)
Comments of the European Association Public Banks (EAPB) 30 August 2018 On the Draft Opinion of the ITRE Committee on the Proposal for the InvestEU Programme in MFF 2021-27 The European Association of
More informationAccess to Risk Finance in Horizon 2020
Access to Risk Finance in Horizon 2020 Ignacio Puente DG Research & Unit B.3 - "SMEs, Financial Instruments and State Aid" InnovFin - Financial Instruments under H2020 Europe 17/06/2016 New EU Framework
More informationFinancing Short Sea Shipping with EU innovative instruments
Financing Short Sea Shipping with EU innovative instruments State of Play for Connecting Europe Facility and Juncker Plan Matthieu Bertrand, Policy Officer, Unit Connecting Europe Investment Strategy,
More informationExperience with financial instruments in the period of and the new framework for the period of
Experience with financial instruments in the period of 2007 2013 and the new framework for the period of 2014 2020 Workshop 22 January 2015, Stefan Appel, DG and Urban European Commission Financial engineering
More informationEnergy efficiency in buildings: how to accelerate investments?
Energy efficiency in buildings: how to accelerate investments? Isidoro Tapia / Laurent Bender EUROPEAN INVESTMENT BANK Paris, Dec 11 2017 11/11/2015 1 Gt A 2 C pathway requires more technological innovation,
More informationThe European Fund for Strategic Investment: Questions and Answers
European Commission - Fact Sheet The European Fund for Strategic Investment: Questions and Answers Strasbourg, 13 January 2015 1. What did the Commission propose today, what are the elements of the proposal?
More informationEIB Financing for Social and Affordable Housing
EIB Financing for Social and Affordable Housing Andrea Colantonio, Urban Development Division, European Investment Bank Affordable housing for inclusive cities, 16 th May 2018 Brussels European Investment
More informationEuropean Investment Fund Venture Capital Portfolio. Performance EIF own resources Vintage and Team Location As at 30/06/17
European Investment Fund Venture Capital Portfolio Performance EIF own resources Vintage and Team Location As at 30/06/17 Context All data provided comprise the performance of investments made using EIF
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 informationEU Investment Plan for Europe EBRD as a partner in implementation. Zsuzsanna Hargitai, Director, EU Funds Co-Financing & Financial Instruments, EBRD
EU Investment Plan for Europe EBRD as a partner in implementation Zsuzsanna Hargitai, Director, EU Funds Co-Financing & Financial Instruments, EBRD Brussels, 8 February 2017 Some distinctive features of
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 informationEIF EUR 500m Increase of the SME Window
EUROPEAN INVESTMENT FUND SB/16/16 7 September 2016 Document 22-2016 E U R O P E A N F U N D F O R S T R A T E G I C I N V E S T M E N T S S T E E R I N G B O A R D EIF EUR 500m Increase of the SME Window
More informationEU Financial Instruments for Stimulating R&I and Growth
EU Financial Instruments for Stimulating R&I and Growth Preparations for 2014-2020 Steve Rogers European Commission DG Research & Innovation Financial Engineering Team Nordic-European Public Investor Workshop
More informationEFSI Achieving complementarity with the EAFRD and setting up Investment Platforms
EFSI Achieving complementarity with the EAFRD and setting up Investment Platforms Collection of FAQs - Version: 12 July 2016 - This set of FAQs on the complementarity between the European Fund for Strategic
More informationInternal Market, Industry, Entrepreneurship and SMEs Directorate General. Supporting KETs in regions
Internal Market, Industry, Entrepreneurship and SMEs Directorate General Supporting KETs in regions Heidi MOENS, Policy Officer KETs, Digital Manufacturing & Interoperability Unit JRC Workshop 'Development
More informationBriefing. EFSI and ESI Funds. Complementarity or contradiction? January 2017
Briefing January 2017 Complementarity or contradiction? SUMMARY Shortly after beginning its 2014-2019 mandate, the European Commission proposed a new investment Plan for Europe, often referred to as the
More informationThe implementation of EFSI: a national example. NCP Academy Meet & Exchange Workshop on Access to risk finance - 9th June 2016, Brussels
The implementation of EFSI: a national example NCP Academy Meet & Exchange Workshop on Access to risk finance - 9th June 2016, Brussels 01. Bpifrance in short 02. NCP/EFSI /NPBs Bpifrance s InnovFin 03.
More information