Jun 23, 2015 - Combination of support EFSI â ESI Funds possible. Investment Plan ..... with a support team (helpdesk)
In Real Economy/ Investment plan for Europe
Institutional Capacity
Error Rates and Fraud
Regional and Urban Policy
For the Future
June 2015
Commissioner Creţu – Challenges ahead INVEST
BUILD UP
In Real Economy/ Investment plan for Europe
Institutional Capacity
LEGALITY & REGULARITY
PREPARE
Error Rates and Fraud
For the Future
1
INVEST In Real Economy/ Investment plan for Europe
Task Forces for Better Implementation
Contributing to Digital Single Market
Investing in Smart Growth
Contributing to Energy Union
MacroRegional Strategies
Investments in key transport infrastructure
Contributing to Social Policy
Urban Agenda
2
BUILD UP Institutional Capacity
Institutional Capacity Building
Support administrative capacity
Simplification
Cross Border Review
Lagging Regions Project
Exchanging good practice
3
LEGALITY & REGULARITY
Error Rates and Fraud
Error Rate and Zero Tolerance on Fraud
Capacity Building Actions
Discharge preparation / relations with ECA
4
PREPARE For the Future
Post 2020 preparation
Macroeconomic significance
5
Investment Plan for Europe •
Aim: Catalysing additional strategic investments in key economic sectors by addressing market failures, encouraging private sector financing and ensuring the most effective use of public funds Investment Plan based on 3 pillars: 1.
The new European Fund for Strategic Investment – EFSI: => EU guarantee to reach a multiplier effect with EIB lending and private and public co-funding
2.
Making finance reach the real economy (Investment project portal and European Investment Advisory Hub)
3.
Improving the investment environment
EFSI and ESIF are separate Funds with their own budget and rules EFSI provides additional public and private investment to the EUR 450 bn ESI Funds Combination of support EFSI – ESI Funds possible 6
ESIF and EFSI complementing each other •
Aim:
Exploit synergies between EFSI and ESI Funds to bring additional investment in the European economy ESI Funds are expected to join EFSI supported projects in cases where this would ensure a higher value added and bankability of EFSI support
•
Action: Increase contribution of ESI Funds to the real economy by doubling of financial instruments – leveraging more private and public funds No contribution to EFSI capital by ESI Funds, but combination of investments possible
at the level of individual projects or within platforms in the form of grants or financial instruments Guidance on linkages between EFSI and ESI Funds in preparation
7
Doubling of Financial Instruments •
Aim: The Investment Plan for Europe aims to maximise the leverage effect of
•
Action:
the ESI Funds by doubling of financial instruments in comparison to 2007-2013
Extended possibilities to use financial instruments for 2014-2020 – a stronger role in the implementation of the new programmes Encourage the use of financial instruments in a broader set of investment areas (e.g. energy efficiency, ICT, transport, R&D, SME-support => SME Initiative) Provide assistance and advisory services to managing authorities and other stakeholders with the European Investment Advisory Hub (EIAH)
Examples: Fi-compass (technical advisory platform) and Off-the-shelf instruments
Monitor continuously the implementation with managing authorities
8
Provide finance for SMEs: "SME Initiative" •
Aim: Use scarce public resources as catalyst to generate additional private funding for SMEs (loans, guarantees, equity)
Action: Implementation is ready to start in Spain and Malta => Bulgaria formally announced its intention to join, other MS are considering it
Operational workshop in Brussels on April 23rd to present the benefits to other Member States, e.g.: "Ready-made" program - intense preparatory work already done No national/regional co-financing needed (100% ERDF-funded)
Treatment of State Aid cleared already
9
Task Forces for Better Implementation •
Aim: Improve the implementation of 2007-2013 programmes in 8 MS (BG, RO, CZ, SK, IT, HR, SI, HU) – maximise use of EU funds available
•
Action: Launch of a Task Force to Analyse the situation in each MS => find the obstacles to implementation! Find flexibilities in line with European Council Conclusions (Dec 2014)
Identify country-specific key actions Draw up or complete existing action plans for each MS Ensure exchange of experience & good practice across MS Measure results against the action plans & inform all EU MS about the achievements and flexibilities identified Examples for solutions jointly agreed with Member States: Identify and include new projects in programmes, create a reserve list of eligible projects "Phasing" projects from 2007-2013 period into the 2014-2020 period Identify well-performing priorities & financial instruments that can absorb more funds Detailed risk assessment coupled with regular monitoring of the situation
10
Revision of Closure Guidelines •
Aim: find solutions to maximise the use of commitments and facilitate delivery of long-term projects by modification of Closure Guidelines for 2007-2013 Cohesion Policy programmes => BUT without changing the rules!
•
Action: "10% flexibility at closure" – a Member State can overspend by 10% in one priority of a programme, if compensated by an equivalent reduction in another priority "Phasing" – starting a project under one programming period and finishing it in the next period Financial engineering instruments can continue to invest in the real economy throughout 2016
April 30th, 2015 - Adoption of revised version of Closure Guidelines Seminars in Member States, ad-hoc support through the Commission
11
Contributing to EU policies: Investing in Smart Growth •
Aim: Support smart growth in Europe through ESI Funds in R&D, ICT and SMEs
•
Action: Introduction of thematic concentration requirements (80% of ERDF allocation in more developed regions, 60% in transition regions, 50% in less developed regions)
Significant allocation of funds directed to innovation: EUR 160 bn of ESI Funds / EUR 118 bn of ERDF
to 3 thematic objectives (TO1,2,3) + energy efficiency and renewable energy (TO4) Areas of thematic concentration
ERDF allocated
TO1 - Research, technological development and innovation
EUR 40 bn
TO2 – Enhancing access, use and quality of ICT
EUR 13 bn
TO3 – Enhancing the competitiveness of SMEs
EUR 34 bn
TO4 – Energy efficiency and renewable energy
EUR 31 bn
Total of ERDF allocation
EUR 118 bn 12
Research and Innovation Strategies for Smart Specialisation RIS3 (ex-ante conditionality) Aim: Place-based, innovation-driven growth strategies for economic transformation based on: Competitive advantage - match research potential with business needs and capacities and develop links between sectors Choices – select a few priorities (fields with best perspectives for growth and global competitiveness) Critical mass of resources & talent - cooperation between regions to avoid duplication and fragmentation Collaborative Leadership - involve key stakeholders ("quadruple helix") in an entrepreneurial discovery process for shaping those strategies Examples for Smart Specialisation Priorities: IT – Marche: from declining shoe and furniture industry to human centred high-tech design and ambient assisted living for an aging population FI – North Karelia: from lumber jacks to advanced manufacturing of high-tech forest machines DE – Saxony: from traditional industries of post-socialist Europe to 'Silicon Saxony', home to the continent's largest microelectronics cluster 13
Supporting regions and member states: S3 Platform •
Aim: Assist EU countries and regions to develop, implement and review their Research and Innovation Strategies
•
Action: Provide information, methodologies, expertise and advice to national and regional policy makers (guides, website, newsletter) Mapping of specialisation areas of different regions to facilitate cooperation and avoid duplication (Eye@RIS3)
Facilitate mutual learning (peer-review) and trans-national cooperation (beneficial for highly developed regions too)
26/05 Launch of European Smart Specialisation Platform on Energy
http://s3platform.jrc.ec.europa 14
Developing Smart Specialisation models across Europe Vanguard Initiative (VI) •Leading the way towards building EU value chains in smart specialisation areas by interregional co-operations: implement roadmaps for co-investment INTERREG support to RIS3 "Stairway to Excellence" – European Parliament Pilot Project •Closing the innovation gap in Europe by assisting EU13 MS in combining ESI Funds and Horizon 2020 •2015/2016 - National events in all EU13 MS to gather managing authorities and National Contact Points to discuss barriers when implementing RDI projects Region of Eastern Macedonia and Thrace – European Parliament Preparatory Action •Model for other convergence regions in Europe - design and implementation of a smart specialisation strategy in a region heavily hit by the crises 15
Cohesion Policy Investments in key EU transport infrastructures •
Aim: Investing across the EU in transport as an enabler for economic activity
•
Action: EUR 67.8 bn planed total transport investments for 2014-2020 With respect to the particular situation of regions and MS: In all Member States: Operations linked to smarter, safer, cleaner and multi-modal transport In less-developed regions and cohesion countries: basic infrastructure investments in e.g. roads, railways, ports and airports;
In well-endowed regions and countries – only investments addressing specific missing links or bottlenecks Promote synergies with Connecting Europe Facility (CEF) & Horizon 2020 BUT also major delivery tool for EU transport policy (ex-ante conditionalities, administrative capacity, …)
16
Contributing to EU policies: Digital Single Market • Aim: Support ICT investments (infrastructure and productive investments) Facilitate implementation of future DSM Directives
• Action: Earmarking of EUR 20 bn for 2014-2020 for ICT investments in Infrastructure (broadband, roll-out of high-speed networks) Productive investments (for developing ICT products, services and e-commerce and efficiency gains thanks to e-government solutions, smart energy and transport solutions)
Support by facilitate implementation of future DSM legislative initiatives through "digital" ex-ante conditionalities 16-17/11 Broadband Conference in Brussels
17
Contributing to EU policies: Energy Union •
Aim: Support the implementation of the Energy Union
•
Action:
Through financial support (approx. EUR 38 bn foreseen under cohesion policy) Strong focus on Energy Efficiency, in particular in buildings Investments in Innovation & SMEs for jobs linked to energy efficiency and renewables Improving key enabling conditions for a better implementation of the Energy Union (technical assistance, capacity building) Help to achieve the EU acquis as regards energy and climate change (ex ante conditionalities)
Establishment of a new EU wide cooperation platform (March 2015) to link management authorities and sectoral ministries Example: Launch of Smart Specialisation Platform on Energy on 26/05 18
Contributing to EU policies: Social Policy •
Aim: A good investment and employment policy is the main building block
•
State of play:
for a good social policy
Disparities between and within Member States widened during crisis; unemployment remains high and poverty and exclusion rates increased
•
Action: Partnership Agreement & Programmes provide coherent strategic framework for ESF and ERDF interventions European Social Fund (ESF) is the key instrument for the employment and social agenda with EUR 86 bn together with the ERDF investment in inclusive growth, which has increased to more than EUR 20 bn Member States need to demonstrate that they have a national policy framework for poverty reduction, a national Roma inclusion policy framework and a national policy framework for health (ex-ante conditionalities) 19
Contributing to EU policies: Macro-Regional Strategies •
Definition: Integrated cooperation framework that allows the EU, Member
•
Existing Strategies:
States, and eventually third countries, to address common challenges and opportunities that go beyond borders and require collective actions in order to achieve shared strategic objectives
2009
European Strategy for the Baltic Sea Region
2011
European Strategy for the Danube Region
2014
European Strategy for the Adriatic and Ionian Region
2015 (July)
European Strategy for the Alpine Region
•
Funding: no specific budget; alignment and pooling of funds from all sources is needed
•
Governance: necessary at all levels in order to ensure a sustainable and continuous implementation process
20
Contributing to EU policies: Urban Agenda • Aim: Bring together existing urban policies and actions, in full respect of subsidiarity • Action:
June 2015 – Report on responses to the public consultation as a Commission Staff Working Document 2nd June – CITIES Forum in Brussels 10th June – Riga Ministerial Declaration – has given the Commission a mandate to push the Urban Agenda forward Continuous dialogue with Member States, European Parliament, Committee of the Regions and urban stakeholders to agree on concrete working methods
21
Contributing to EU policies: Sustainable urban development •
Aim: Implement integrated strategies to tackle urban challenges (economic, environmental, climate, demographic and social)
•
Action: Reinforcing the "urban" dimension of cohesion policy in 2014-20 by ensuring that cities have a direct role in managing at least 5% of national ERDF allocations; (take up in practice is up to nearly 9% = EUR 15 bn ERDF; more than 250 cities EU-wide benefit) directly supporting innovative projects and new solutions through pilot projects in cities – "Urban Innovative Actions" (Budget: EUR 371 Mio., first call in Nov/Dec 2015)
promoting exchange of experience between cities through URBACT programme & new Urban Development Network enhance synergies with "Smart Cities Initiative" and other EU urban actions Promote social inclusion through ERDF investments and maximising synergies between ERDF and ESF 22
Contributing to EU 2020 and European Semester processes •
Aim: Use ESI Funds to help address Country Specific Recommendations and deliver Europe 2020 objectives
•
Action: Ensure close link between ESI Fund programmes and European Semester processes Provide substantial resources for structural reforms linked to relevant Country Specific Recommendations (CSRs) through the ESI Funds
Emphasise consistency between partnership agreements and programmes with National Reform programmes and CSRs Concentrate funding on 11 thematic priorities closely linked to the Europe 2020 objectives Possible adjustments of cohesion policy programmes due to new priorities always in dialogue with MS and regions concerned
23
Focus on results – "better spending" •
Aim: Shift the focus from absorption of funding towards result orientation ("better spending") in the new programming period
•
Action: Use tools provided by the new regulation:
Set clear and detailed specific objectives in each programme – reflected by result indicators
Implement actions that help to achieve the expected results – reflected in output indicators
Monitor development of result and output indicators (Annual Implementation Reports)
Evaluate why a programme was successful or not
Estimate the contribution of EU funding to the achieved change
Ensure via the performance framework that programmes deliver what is under control of the managing authority Give access to associated performance reserve to successful programmes and priorities if milestones have been achieved by 2018; otherwise no allocation of reserve 24
Ex-Ante Conditionalities for effective investments •
Aim: Establish the framework conditions to ensure that ESI Funds investments will be effective and support the EU Acquis
•
Action:
Ensure that Ex-ante Conditionalities (ExAC) are met upfront – latest during the first years of implementation! Monitor closely the progress made by MS in fulfilling the ExAC Insist on preparation of high quality action plans in the programmes of MS in case of non-fulfilment of ExAC Ensure that those action plans are fulfilled latest by the end of 2016 (related report in 2017) Possible suspension of payments for parts of the OPs in case of non-fulfilment of ExAC by end 2016
25
Evaluation of results 2007-13 •
Aim: Develop a clear picture on the overall outputs, effects and lessons to be learned from the 2007-2013 programmes
•
Action: Comprehensive ex-post evaluation of 2007-2013 programmes:
322 programmes funded with EUR 270 bn by ERDF and CF 4 cross-cutting and 10 thematic studies in key policy areas to be finalised by end 2015/start 2016; no results available yet; Use evidence generated as valuable elements for 2014-2020 programme implementation 2016 budget review Preparation of proposal for post-2020 cohesion policy 26
BUILD UP Institutional Capacity
Institutional Capacity Building
Support administrative capacity
Simplification
Cross Border Review
Lagging Regions Project
Exchanging good practice
27
European Investment Advisory Hub (EIAH) •
Aim: One-stop shop for technical assistance initiatives - a single entry point and coordinating body for Technical Assistance
•
Actions: Joint initiative of Commission and EIB Single point of entry for advisory services with a support team (helpdesk) for public and private project promoters, managing and procuring authorities and National Promotional Banks Guidance and support for potential investors and public authorities for investments in the EU (web portal) Coordinate current advisory services (JASPERS, fi-compass, …), provide synergies, (e.g. projects under the new EFSI) Establishing a platform for cooperation to use existing expertise within COM, EIB, NPB, MA, … 28
Support projects through "JASPERS +” (EIAH) "Joint Assistance to Support Projects in European Regions”: technical assistance partnership between EC, EIB and EBRD •Aim: Improve the quality of major projects supported by ESI Funds •Action:
Encourage Member States to use JASPERS advisory function & Independent Quality Review (IQR) services if they use ESI Funds for supporting major projects • Expected to play an important role for projects that meet the aims of the Investment Plan for Europe => applications for EFSI individual projects expected to be submitted shortly!
29
Increase take up of Financial Instruments (EIAH) • Aim: Support the better use and take up of ESIF financial instruments on the ground • Action: January 2015: Set-up new advisory platform for Member States and managing authorities in partnership with the EIB www.fi-compass.eu as knowledge & networking hub: useful material (video, factsheets, case studies, …) 1-day-seminars in Brussels (27/05), Vienna (02/06) and Warsaw (09/06) National events will follow as of October
30
Building Institutional Capacity •
Aim: a pre-condition for effective implementation of the ESI Funds => more important than the money!
•
Action: Acknowledge the key role of institutional capacity and good governance to ensure efficient implementation Strive for smooth and sound procedures for access to funding and implementation of projects Mobilise support to public administrations managing and auditing ESI Funds, through use of thematic objective 11 and technical assistance addressing shortcomings in the implementation structures
human resource allocations the systems and tools used 31
Simplification •
Aim: Reduce administrative burden for beneficiaries of ESI Funds closely linked to Vice-President Kristalina Georgieva's initiative for an "EU budget focused on results"
•
Action: New regulatory framework offers MS opportunities for simplification:
Set of common rules for all ESI Funds
Extended use of simplified costs options
Move towards e-cohesion
Assess intentions of Member States to reduce administrative burden => Member States and regions have to play their role! Further ideas on simplification welcome – but first solid assessment of contribution of new regulations to burden-reduction and simplification needed Launch of an independent high level group monitoring simplification for beneficiaries 32
Independent high level group monitoring simplification for beneficiaries • • • •
•
Chair: former European Commission Vice-President Siim Kallas Up to 12 high-level experts representing industry, business, academia, politics and other beneficiaries Closely engage and inform the key institutional actors Focus on: access to funding by SMEs "Goldplating" at national/regional level, including selection of projects use of simplified cost options use of "e-cohesion" implementation of projects under community-led local development Next steps: Mid-2015 Open Call for experts 2015/16 Assess uptake of simplification possibilities by Member States Study on implementation in Member States and regions 2016 First set of recommendations on improving the uptake End 2017 Proposals for further simplification post 2020 33
Lagging Regions Project •
Aim: Identify key bottlenecks for effective investments in regions lagging behind & provide recommendations on how to unlock their growth potential
•
Action: First attempt for in-depth analysis of what is holding back growth in lagging regions ("low-growth regions" and "underdeveloped regions") Investigate if/how conditions in which Cohesion Policy programmes operate can be improved to make EU investments more effective Example: business environment which is crucial for EU investments in SMEs Prepare a Commission report identifying key bottlenecks for investment/growth and possible responses 22nd/23rd June, 2015 – Expert Seminar in Brussels End 2016/17 – International Conference with OECD, World Bank, academia, policy makers, … Fact finding missions to Member States/regions concerned 34
Member States: Tools to support administrative capacity •
Aim: Support administrative capacity and good governance in Member States and regions so that ESI Funds are better administered, using: Thematic objective (TO) 11: "Enhancing institutional capacity of public authorities and stakeholders and efficient public administration" Technical assistance: "… actions to reinforce the capacity of Member State Authorities and beneficiaries to administer and use those Funds"
• Action: Encourage Member State and regions to use technical assistance to address shortcomings in the implementation structures, in human resource allocations and in the systems and tools used E.g. by recruiting good quality staff, developing their know-how and competences based on human resources development plan, offering attractive employment conditions in order to retain staff, improving capacity of beneficiaries etc.
35
European Commission: Tools to support administrative capacity •
Aim: Support public administrations in managing and auditing EU funds
•
Action:
Activities carried out by DG REGIO in coordination with other COM services and external organisations (World Bank, EIB, EBRD, OECD…) Competence centre for administrative capacity building established in DG REGIO in 2013
Analysis of administrative capacity bottlenecks; development of appropriate indicators
Mapping and analysis of how Member States use technical assistance
Action plans for public procurement and state aid
Workshops on anti-fraud/corruption in Member States
Pilot Integrity Pacts in cooperation with Transparency International
24/03/2015 – Launch of new "REGIO Peer2Peer platform" for exchange of expertise (study visits, expert missions, workshops)
Training sessions for Member State's authorities on new challenges 2014-2020
Mapping of competences for good management of ERDF and CF 36
Cross Border Review •
Aim: Combine successful Interreg programmes with additional strategic actions to tackle persistent border obstacles
•
Action: 15-16/9 – Celebrating 25 years of successful Interreg funding: Cross-border co-operation delivers the most visible European added value of Cohesion Policy and clear benefits to citizens living in border areas BUT: need to enhance cooperation and further abolish obstacles which hamper businesses and citizens in their daily lives
Combination of financial investments and changes in legislative and/or administrative approaches necessary June 2015 - Study on border obstacles Autumn 2015 – Launch of public consultation Series of workshops/events with key stakeholders (starting Sept 2015) End 2016 - Issue paper with actions due before the end of Commission mandate 37
Exchanging good practice around Europe •
Aim: Create opportunities for exchange of good practices and know-how in the field of regional and urban development
•
Action: OPEN DAYS – Week of Regions and Cities, 12-15 October 2015 "Europe's regions and cities: Partners for investment and growth" yearly 4-day forum in Brussels with some 100 workshops, debates, … bringing more than 6000 practitioners from regions and cities to Brussels Exchange good practices and know-how Disseminate the new cohesion policy goals Reflect on the future research agenda RegioStars Awards Present outstanding Cohesion Policy funded projects to inspire other regions in Europe Award ceremony during Open Days 2015 for wider exposure and greater participation of stakeholders
38
LEGALITY & REGULARITY
Error Rates and Fraud
Error Rate and Zero Tolerance on Fraud
Capacity Building Actions
Discharge preparation / relations with ECA
39
Error Rates and Zero Tolerance on Fraud – Ensure correct use of ESI Funds / Capacity building •
Aim: Reduce the error rate to protect the EU budget in cooperation with MS
•
Action: Take preventive and corrective actions
timely suspensions, interruptions of payments;
strictly apply provisions for net financial corrections in case of identified serious deficiencies remaining unreported or undetected at national level
strict annual process to accept programme accounts and procedures to ensure programme residual error is brought below materiality each year
Implementation of reinforced provisions of the new regulatory framework => reinforce the programme authorities' accountability, management and control systems
Capacity building actions:
Prevent errors in most complex areas, i.e. public procurement, state aid
Promote use of Integrity Pacts to increase transparency and accountability in public tenders for EU funds
Continue applying a "zero tolerance on fraud" policy => Don't confuse errors with fraud
=>Implement the designed actions plans on public procurement and state aid including organise support seminars for Member States to reduce the most common causes of administrative errors and financial corrections across all EU Funds
40
Close relations with the European Court of Auditors – "Discharge preparation" •
Aim: Find reasons and solutions for main errors detected by the European Court of Auditors (ECA)
•
Action: Take specific actions to extinguish main errors identified by COM and European Court of Auditors (ECA): reimbursement of ineligible costs, public procurement and state aid Address the root causes of these errors: weak administrations and deficiencies in management => rarely fraud suspicion Set up of dedicated competence centre for administrative capacity building in DG REGIO in 2013 Reinforced regulatory framework for the new programming period: carry out management verifications and controls (incl. on-the-spot checks); EU budget protected by 10% payment retention until acceptance of annual accounts; Member States incentivised to detect and correct errors before submission of annual accounts through application of net corrections 41
PREPARE For the Future
Post 2020 preparation
Macroeconomic significance
42
Key actions - Calendar and preparatory activities •
Aim: Start preparations for the future
•
Action: Analyse and assess first how new elements of reformed cohesion policy have made a difference Based on this sound evidence – develop policy options for post-2020 Involve all important stakeholders early in the process (EP, MS, regions, international organisations, academic world and others) Timetable (indicative) 2017
7th Cohesion report – COM presents ideas for post 2020 period – followed by a large public discussion
2018
Adoption of new COM legislative proposals
2018/19
Negotiations with EP and Council
End 2020
(latest) Adoption of regulatory framework
43
Exploring the Macro-economic significance of ESI Fund's investments •
Aim: Further develop the new role of ESI Funds as main instrument of public investment in many Member States and their role in a post-crisis strategy (= more than 50% of total public investments in most less developed MS)
•
Action: Forthcoming publications by DG REGIO International Conference in 2016
During the crisis – public investment that played a counter-cyclical role (frontloading funding and directing it to areas of pressing need) Therefore significant impact on GDP, employment, income, productivity and trade in many Member States over medium and long-term expected: 2014-20: Average increase in less developed MS: 2% of GDP // 1% of employment 2014-30: Long-term productivity-enhancing effects even beyond programme period: EUR 1 spent in main beneficiary countries = EUR 3 expected GDP growth
44
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Corina Creţu EU Commissioner for Regional Policy
http://ec.europa.eu/commission/2014-2019/cretu_en www.twitter.com/@CorinaCretuEU
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