Survey
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
* Your assessment is very important for improving the workof artificial intelligence, which forms the content of this project
Early history of private equity wikipedia , lookup
Socially responsible investing wikipedia , lookup
Investor-state dispute settlement wikipedia , lookup
Investment management wikipedia , lookup
International investment agreement wikipedia , lookup
Project finance wikipedia , lookup
Investment banking wikipedia , lookup
Investment fund wikipedia , lookup
Environmental, social and corporate governance wikipedia , lookup
History of investment banking in the United States wikipedia , lookup
Western Balkans Investment Framework (WBIF) – Call for Projects (Round 9) WBIF was established with the aim of coordination, preparation and financing of investment projects by the European Commission through funding from the Multi-IPA and the International Financial Institutions (IFIs) within the candidate countries and potential candidates. It was founded by the European Commission, the European Bank for Reconstruction and Development, European Investment Bank and the Development Bank of the Council of Europe. It aims to unite the grants, loans and expertise for financing of common set of priority investment projects and strengthen the coherence of aid. Granted funds are intended for infrastructure projects and economic development, and also to strengthen small and medium-sized businesses in the Western Balkans. The two main goals: Association of grants, loans and expertise for the preparation of financing of priority investment projects; Strengthening coherence and synergy among donors in order to increase the positive impact and transparency of investment in the Western Balkans Eligible Beneficiaries: Albania, Bosnia and Herzegovina, Croatia, former Yugoslav Republic of Macedonia, Kosovo, Montenegro, Serbia European Commission under the Western Balkans Investment Framework gives priority to regional projects, which in this context means projects that contribute to cooperation among the beneficiary countries. Provides support through two instruments: • Joint instrument for grants within for contribution to financing the preparation and implementation of priority projects • Joint instrument for loans, which function as a complementary tool for the Joint Grants Grants can be for: Technical assistance to prepare infrastructure investments Technical assistance to overcome specific obstacles that are delaying the preparation or implementation (e.g. construction) of a priority investment project Technical assistance to undertake research and analysis to facilitate the development of investments in a particular sector or sub-sector Technical assistance to support policy reforms and institution building required to improve the investment climate Capital expenditure Incentive payments for financial intermediaries Interest rate subsidies Insurance premia Loans can be used for investments in infrastructure. Eligible sectors: a) Infrastructure: i) Transport Road, rail, sea and water ways, air transport, urban transport, inter-modal terminals ii) Energy Generation (a preference is given to renewable technologies), electricity, gas and oil strategic transmission, storage, CHP/cogeneration, district heating and energy efficiency iii) Environment Water supply, waste water, sewerage, solid waste, hazardous waste, emission control iv) Social Education, judiciary, health, social housing, public buildings b) Private Sector Development c) Energy Efficiency d) “Sector Development” projects The WBIF Project Application Process Project applications for WBIF support are triggered by calls for project proposals. These are sent by the WBIF Secretariat in DG Enlargement to all NIPACs and there are normally two calls (also known as rounds) each year timed to allow approval of grants at the WBIF Steering Committee meetings in June and December. Deadline for receipt of proposals: 22 February 2013 Applications for WBIF support must be made on a Project Grant Application Form (PFAF) which can be downloaded from the WBIF website at: http://www.wbif.eu/Project+application+and+selection For filling project proposals there is available assistance from consultant team engaged by European Commission (Infrastructure Project Facility, www.wbif-ipf.eu) in coordination with the European Integration Office. For more information: www.wbif.eu and www.mrrsvg.hr/default.aspx?id=554