Implementation of financial instruments across consecutive programming periods

The fi-compass Knowledge Hub – Implementation of financial instruments across consecutive programming periods took place between October 2021 and September 2022. Expert fi-compass practitioners came together with specialists from the European Commission, DG REGIO and fi-compass to consider the new flexibility under the CPR 2021/1060 (the CPR) to use programme resources to implement financial instruments across consecutive programming periods.

The discussions considered Article 68(2) CPR, which introduces a major change to the rules governing this topic by providing:
“Where a financial instrument is implemented across consecutive programming periods, support may be provided to, or for the benefit of, final recipients, including management costs and fees, based on agreements made under the previous programming period, provided that such support complies with the eligibility rules of the subsequent programming period. In such cases, the eligibility of expenditure submitted in payment applications shall be determined in accordance with the rules of the respective programming period.”

The Note of the event captures the discussions between participants about the practical application of this measure in an online session on 16 November 2021 and highlights the key topics and best practice identified during the event.