Transcript Cohesion Policy

JEAN MONNET MODULES, project " Good governance,
strong democratic institutions, rule of law: prerequisites for
investing in innovation"
INVESTMENT CLIMATE
IN EUROPE
Analysis of the EU Cohesion Policy 2014 – 2020
The project has been funded with frsupport om the European Commission. This
presentation reflects the views only of the author, and the Commission cannot be held
responsible for any use which may be made of the information contained therein.
Structure of the presentation
1.
Introduction of the EU Cohesion Policy
2.
Why is the EU Cohesion Policy important for the investment climate and
innovation?
3.
Analysis of the main features of the EU Cohesion Policy
Introduction
EU Cohesion Policy invests in …
Training
Support
for SMEs
Energy
efficiency
Cooperation
between regions
Transport
Research
and innovation
Renewable
energy
Results of EU Cohesion Policy
(figures from 2000-2006 period)
8400 km of rail built or improved
5100 km of road built or improved
Access to clean drinking water for 20 million more people
Training for 10 million people each year
Over 1 million jobs created
GDP/capita up 5 % in newer Member States
On which of this factors can the EU cohesion policy have an
impact?
infrastructures
education
poverty
crime
property rights
Factors
workforce
rule of law
national
security
Skills and
training
taxes
regime
uncertainty
EU cohesion policy – main features
WHAT?
• It is a policy of the European Union aiming at reducing
economic disparities and enhance the competitively
WHEN?
• It was launched in 1975.
WHERE?
• In the 28 European Union counties.
HOW?
• Through 7 ‘flagship initiatives’ , which are the
guidelines of the EU policies
WHY?
• to reduce economic and social disparities among
regions.
What activities does it support?
• Information and
communication
technologies (ICT)
• Environmental
protection &
resource
efficiency
• Research &
innovation
• Employment &
supporting labour
mobility
• Competitiveness of
Small and
Medium-sized
Enterprises (SMEs)
• Sustainable
transport &
removing
bottlenecks in
key network
infrastructures
• Shift towards a
low-carbon
economy
• Education, skills &
lifelong learning
• Social inclusion
& combating
poverty
How much will be spend in the EU cohesion policy?
Cohesion Policy
33 % (€336 billion)
Other policies
(agriculture, research, external etc.)
63 % (€649 billion)
Connecting
Europe Facility
4 % (€40 billion)
Source: European Commission (2013)
How will the funds be allocated?
How will spend the funds the regions?
Energy efficiency & renewable energy
Research & innovation
Competitiveness of SMEs
6%
60%
20%
More developed &
transitional regions
44%
Less developed regions
Flexibility – different regions have different needs
Special arrangements for ex-convergence regions
To which condition will be given the fundings?
Reinforcing effectiveness and performance
Focus on results
 Common & programme-specific indicators, reporting,
monitoring & evaluation
Performance framework for all programmes
 Clear and measurable milestones and targets
Performance reserve
 5 % of national allocations (by Member State, fund and
category of region)
Ex-ante conditionality
Ensuring conditions for effective investment are in place
Macro-economic conditionality
 Alignment with new economic governance
Expected impact?
• Will it reduce region economic and social
disparities?
• Will it have a positive impact on innovation and
will it favour the investment climate?
• Will it help to grow?