Two new fi-compass notes of workshop have been published following ‘the fi-compass Knowledge Hub’ sessions on the selection of financial intermediaries and the combination of financial instruments with grants. This series of events was developed to meet the growing need amongst expert practitioners for events and materials that provide a more in-depth look into topics related to financial instruments.
European Regional Development Fund
***Not formal guidance***
This document captures the key topics identified and discussed in the fi-compass Knowledge Hub – Combination workshop. Some of the combination options considered by the participants included:
***Not formal guidance***
Nearly 600 participants from all across Europe tuned in to the 2020 flagship fi-compass online conference titled ‘Regional policy financial instruments ready to meet the EU challenges’. The online conference was organised by European Commission’s Directorate-General for Regional and Urban Policy (DG REGIO) in partnership with the European Investment Bank (EIB) on 1-2 December 2020. Watch this video summary of the conference to hear from speakers and practitioners.
Thanks to the Lithuanian Government’s ambitious Energy Efficiency (EE) renovation programme, which uses ERDF financial instruments, more than 3 000 multi-apartment buildings have been renovated so far in the country, while more than 1 000 projects are in various stages of preparation.
Nearly 600 participants tuned in to the fi-compass flagship online conference ‘Regional policy financial instruments ready to meet the EU challenges’ on 1-2 December 2020.
Current hot topics related to financial instruments under shared management funds were discussed such as the new legislative framework, combination opportunities under the EU Renovation Wave and InvestEU, and its Member State Compartment. Over 30 speakers contributed to the sessions which focussed on the key sectors of SMEs and energy efficiency.
The successful Lithuanian Energy Efficiency financial instrument features in one of two case studies recently published by fi-compass.
The new publication highlights how the combination of grant with the financial instrument has played an important part in the implementation of the Modernisation Loan programme.
Oana-Andreea Dordain, Deputy Head of Unit, DG REGIO, European Commission
Emily Smith, Head of Unit, Financial Instruments Advisory, European Investment Bank
Desmond Gardner, Financial Instruments Advisor, European Investment Bank (moderator of day 2)