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Financing possibilities

Financing possibilities for implementation of the EU Strategy for the Baltic Sea Region 21 September 2011 | Riga, Latvia. Financing possibilities. Why?. What?. How?. Financing possibilities. Why? Joint commitment of 8 EU Member States across the Baltic Sea.

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Financing possibilities

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  1. Financing possibilities for implementation of the EU Strategy for the Baltic Sea Region21 September 2011 | Riga, Latvia

  2. Financing possibilities • Why? • What? • How?

  3. Financing possibilities • Why? • Joint commitment of 8 EU Member States across the Baltic Sea. • EU Strategy for the Baltic Sea Region is not in itself a funding • instrument. • Actions should be funded from existing sources. • Show in practice the importance of the EU Strategy for the • Baltic Sea Region. • Cooperation is crucial to deal with the challenges identified.

  4. Financing possibilities What funds are there? EU funded national and regional development programmes Intergovernmental funds .... ENPI CBC programmes Own resources Banks Other EU programmes/ funds National, regional and local funding

  5. Financing possibilities • EU funded national and regional development • programmes (1): • picture: www.ec.europa.eu/regional_policy/policy/object/index_en.htm

  6. Financing possibilities • EU funded national and regional development • programmes (2): • Operational Programme ‘Entrepreneurship and Innovations’ (LV); • Operational Programme ‘Southern Finland’ (FI); • Operational Programme ‘North Sweden’ (SWE); • Operational Programme ‘Innovative Economy’ (PL); • Operational Programme ‘Development of Human Resources’ (LT); • and other Operational Programmes in the Baltic Sea Region. • More information available in the Member States’ institutions • General information on http://ec.europa.eu/regional_policy

  7. Financing possibilities • EU funded national and regional development • programmes (3): • Transnational Cooperation Programme – Baltic Sea Region • Programme 2007-2013; • Interregional Cooperation Programmes; • Cross-border Cooperation Programmes. • More information on programmes websites • General information on http://ec.europa.eu/regional_policy

  8. Financing possibilities • EU funded national and regional development • programmes (4): • Interregional Cooperation Programmes • Interregional cooperation works at pan-European level; • All EU-27 Member States, and more; • Interregional Cooperation Programmes: • INTERREG IV C; • URBACT II; • ESPON; • INTERACT II.

  9. Financing possibilities EU funded national and regional development programmes (5): Cross-border Cooperation Programmes • picture: http://ec.europa.eu/regional_policy/cooperation/baltic/pdf/baltic_cbc.pdf

  10. Financing possibilities • European Neighbourhood and Partnership Instrument • Cross-border Cooperation programmes (1): • Overall objective : • To support sustainable development along both sides of the EU external borders. • In particular: • Promote economic and social development; • Address common challenges; • Ensure efficient and secure borders; • Promote local cross-border “people-to-people” actions.

  11. Financing possibilities • European Neighbourhood and Partnership Instrument • Cross-border Cooperation programmes (2): • Baltic Sea Region: http://eu.baltic.net/; • Kolarctic: http://www.kolarcticenpi.info/en; • Karelia: http://www.kareliaenpi.eu/; • South East Finland–Russia: http://www.southeastfinrusnpi.fi/; • Estonia-Latvia-Russia: http://www.estlatrus.eu/eng/news; • Lithuania-Poland-Russia: http://www.lt-pl-ru.eu/news.php; • Latvia-Lithuania-Belarus: http://www.enpi-cbc.eu/.

  12. Financing possibilities • National programmes/funds: • Funded by state budget; • Directly targeted to the priorities or institutions; • National authorities/line ministries are in charge of • planning, implementation and monitoring.

  13. Financing possibilities • EU programmes/funds: • 7th Framework Programme for Research and Technological • Development 2007-2013; • Lifelong Learning Programme 2007-2013; • Eco-Innovation Programme 2008-2013; • Competitiveness and Innovation Framework Programme • 2007-2013; • Eurostars Programme; • Bonus: Joint Baltic Sea System Research Programme; • Nordic Environment Finance Corporation (NEFCO); • ...

  14. Financing possibilities • European Investment Bank: • 6 priority objectives for the EIB lending activity: • Cohesion and Convergence; • Support for small and medium-sized enterprises (SMEs); • Environmental sustainability; • Implementation of the Innovation 2010 Initiative (i2i); • Development of Trans-European Networks of transport and • energy (TENs); • Sustainable, competitive and secure energy. • More information on • http://www.eib.org/products/loans/index.htm

  15. Financing possibilities • Nordic Investment Bank: • NIB focuses in particular on four sectors: • Energy; • Environment; • Transport, logistics and communications; • Innovation. • More information on • http://www.nib.int/loans/loan_characteristics

  16. Financing possibilities • How?

  17. Financing possibilities • Model for alignment of funds:

  18. Financing possibilities • Challenges in alignment of different funding sources: • to identify the funds available; • to follow different funding rules; • to coordinate application; • to present the project – as whole or as a part; • to avoid double financing; • to avoid duplication of activities; • to have appropriate project management capacity; • ...

  19. Financing possibilities • EU Strategy for the Baltic Sea Region: • Cooperation and collaboration. • Joint efforts and involvement. • Innovative approaches. • Exchange of good practices and experiences. • Funds are available = active participation is needed.

  20. Thank you for your attention! Please don´t hesitate to contact: baiba.liepa@interact-eu.net

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