EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

April 10, 2023

Coordination «Tools » for Investment

M O’Mahony, IFI Coordination Office

Regional Cooperation Council

Western Balkans and Europe 2020 - Towards Convergence and Growth

31 March 2011

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey 2

Content of Presentation

o Western Balkan Investment Framework

o Support to EC and IFI Coordination in the Western Balkans and Turkey

o WBIF Website

o Database of Investment Flows

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey 3

WBIF

Objectives o Combine/Leverage grants and loans to improve project financing o Coordinate donor support in the Western Balkans: a single entry

point for projects to improve coherence, synergy, efficiency and visibility

o Support EU Accession process and regional and national policies and strategies

Stakeholderso Albania, Bosnia and Herzegovina, Croatia, Kosovo (under UNSCR

1244) , FYR Macedonia, Montenegro and Serbiao European Commissiono CEB, EIB, EBRDo Bilateral financial institutions e.g. KfW and bilateral donorso World Bank and RCC (observers)

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey 4

WBIF

Backgroundo European Council called in 2008 for a wider cooperation frameworko Negotiations between EC, EIB, EBRD, CEBo Built upon the EC-financed Infrastructure Project Facility &

Municipal Windowo Terms of Reference approved officially by EU MS on the 8-12-2009

Sectorso To date: Energy, Environment, Transport and Social Infrastructureo Now eligible: Private Sector Development and Energy Efficiency

Structureso Project Financiers Groupo Steering Committee

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

5

PROJECT FINANCIERS’ GROUP

STEERING COMMITTEE

Single Entry point

Single strategic orientation

Project Identification, Programming,

ScreeningAssessment

Strategy definition,Operations approval,

Supervision of action

WBIF Project Selection Process

Implementation

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey 6

Results to Date

Number of projects already approved Total: 81

Kosovo (under UNSCR 1244/49) -

9%

FYROM - 6%

Serbia - 25%

Croatia - 1%

Bosnia & Herzegovina - 19%

Montenegro - 16%

Albania - 24%

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey 7

Results to Date

Grants already approved Total: 139,1 million euros

Albania - 25%

Croatia - 1%

Kosovo (under UNSCR 1244/49) -

21%

FYROM - 3%

Serbia - 18%

Montenegro - 7%

Bosnia & Herzegovina - 25%

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey 8

Results to Date

Number of projects already approved Total: 81

Social - 16%

Environment - 40%

Energy - 17%

Transport - 27%

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey 9

Results to Date

Estimated Investment Total: 6,84 billion euros

Energy - 9%

Social - 12%

Environment - 18%

Transport - 61%

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey 10

Calls for Proposals – Round 5

41 projects ROUND5

Energy37%

Transport24%

Social10%

Environment27%

Private Sector2%

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey 11

WBIF Key Facts

o Projects must be submitted by/or endorsed by National IPA Coordinators

o A financing institution must have demonstrated interest in the project

o Projects that contribute to implementation of a regional policy/strategy are a priority

o Recommendation from regional initiative (e.g. Energy Community Secretariat, SEETO, RENA etc) further enhances approval potential

o Grant funding from EC, IFIs and bilateral donors being replenishedo Further info www.wbif.eu

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey 12

Support to EC & IFI Coordination

Overall Objectiveo Ensure co-ordination between the EC and IFIs at policy, technical

and operational level in the area of socio-economic development of the beneficiaries

Specific Objectiveso Improved coordination of information exchange, advice and policy

actions focusing on horizontal and sectoral issueso Improved coordination of investment support to beneficiarieso Increased involvement of beneficiaries in the IFI and donor

coordination processo Improved public awareness

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey 13

EC & IFI Coordination – Sample Activities

Horizontal Activities (Reports)o Impact of Austerity Measures on the Investment Programmes of the

Western Balkan Countrieso Synopsis of Views on the Need for a New Growth Model in the

Western Balkans

Sector Based Activitieso Review of Financial Support Mechanisms for Energy Efficiency and

Renewable Energy in the Western Balkanso Organisation of Joint SEETO/IFI review of priority transport projects

in the Western Balkanso Review of Investments in Water and Waste Water Sector in the

Western Balkanso Socio-Economic Working Group Meeting (EC, IFIs, RCC)

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey 14

Communication Tools

WBIF Websiteo Portal for activities involving EC, IFI and donors in the Western

Balkanso Particular focus on the WBIF (background, key documents, up date

on project pipelineo Strategy and Policy Section for each sectoro Links to all stakeholderso Investment Flows Databaseo Major revision of original stocktaking databaseo Relational database has been constructed to allow more flexibility and

analysiso Records actual investment flows (i.e. loans signed, grants approved)o Covers the main WBIF sectors and includes TA projectso Report and analysis featureso Available on –line by end April

EU Funded Project implemented by

Support to IFI Coordination

in the Western

Balkans and Turkey

April 10, 2023

Thank you for your attention!