Financial Instruments for the Implementation of Environmental Projects

Financial Instruments for the Implementation of Environmental Projects

June 11, 2014

Environmental Projects

Projects that promote a better more sustainable environment for the wellbeing of the people and the ecosystems

Environmental Areas of Concentration



Environment and Health (Installation of

Air/Water Quality Monitoring Equipment)



Natural Resources and Waste (Protection of

Watersheds, Construction of WWTP, Solid or Hazardous Waste Management)



Endangered Species, Reforestation operations)



Nature and Biodiversity (Protection of

Climate Change (Installation of Alternative Energy

Production Systems)

Available Financial Tools

A. European Structural and Investment Funds/ Territtorial Cooperation B. European Program Life C. European Union Solidarity Fund D. Instrument for Pre-Accession Assistance E. EEA and Norway Grants F. Other Financial instruments ( Jeremie /Jessica)

(None of the above would finance projects pertaining to a State’s National Defense Program)

A. European Structural and Investment Funds

Funds provided for the implementation of Projects that have a direct or indirect environmental impact:

1. 2. 3. 4. 5. Cohesion Fund European Regional Development Fund European Agricultural Fund and Rural Development European Maritime and Fisheries Fund European Social Fund

1.Cohesion Fund

Regulation EU No. 1300/2013



Created in 1994 to support heavy investments with great impact on economies and social Cohesion, for Member States with GNI less than 90% of the EU average.



Aims to reduce economic and social disparities and to promote sustainable development

Areas of Concentration (Cohesion Fund)

Environment

Solid Waste

Transport

Roads

Water Supply

Wastewater treatment Risk prevention and management

Urban Transport

Inland Waterways

Land rehabilitation

Nature and biodiversity Renewables

Energy efficiency

Energy and Climate Change Greenhouse Gas Reduction

2.European...