Presentation on theme: "Structural and cohesion funds and the European Semester process –experiences from the past, lessons for the future for the European Structural and Investment."— Presentation transcript:
1 Structural and cohesion funds and the European Semester process –experiences from the past, lessons for the future for the European Structural and Investment Funds Interparliamentary Committee Meeting organised by the Committee on Budgets 22nd January 2014Presentation by Walter Deffaa, Director General for Regional and Urban policy European Commission
2 OutlineHow do European Structural and Investment Funds support growth and jobs in a fundamentally changed environment?Experience from programming period during crisisNew perspectives for the period
3 1.1 Cohesion Policy delivers in the crisis In the past Cohesion Policy increased GDP by over 1% on average.Some key achievements :jobs created – at least in SMEsstart-up companies supported2 700 KM of new or reconstructed RailwayKM of new or reconstructed roadsBroadband access for 5 million citizensAccess to clean drinking water for 3.2 million citizensESF: 15 Million participants per yearBut regional disparities are again growing with the crisis.
4 1.2 Cohesion Policy response to crisis Public Finances under consolidation pressureIncrease in EU advances, an extra EUR 6.2 bn (in 2009)Increase EU co-financing to max – EUR 28.6 bnTop up of maximum EU co-financing (to 95%) EUR 1.8 bn for 6 MSCrisis affects all sectors of the economy, youth unemployment and SMEsBroader scope of support: Financial instruments for energy efficiency and working capital for SMEs; social housing;Thematic reprogramming of EUR 45 bn: Includes work of 2012 Youth / SME action teams with 8 MS
5 2.1 ESI Funds 2014-2020 – key pillar of economic policy mix BudgetconsolidationEuropeanSemesterCountry-specificrecommendationsTake slide from presentation to staff (last July) with all the arrows etc. In the centre: European Semester CSRGrowth support& investmentStructuralreforms
6 2.1 ESI Funds 2014-2020 – key pillar of economic policy mix BudgetconsolidationMacro-economic conditionalityEuropeanSemesterCountry-specificrecommendationsPreserve growth friendly expendituresGrowth support& investmentStructuralreformsEx-ante conditionalitiesCapacity building
7 2.2 New Programmes to focus on results A. Focus on medium and long term drivers of growth = thematic + financial concentration:R&D and innovation, SMEs, digital and low carbon economy, labour market, Social Inclusion and Human capital; Youth employment initiative, SME initiative Customized to needs: Address Country Specific Recommendations; Smart Specialisation StrategiesB. Design strategies for paths to growth and jobs: Identify clearly change sought, robust indicators, reporting, monitoring & evaluation mechanisms Performance framework and reserve will steer funds to best use with maC. Ex-ante conditionalities will ensure pre-conditions for effective investment
8 2.3 2014: Pivotal Year for Shaping future growth and jobs WhenWhat?2013Legislation adoptedEUR 325 billion availablePreparation of programming in MS + COM1st Qtr 2014Submission of National "Partnership agreements" expected and adopted (taking account of European Semester recommendations; based on broad partnership of all stakeholders)2nd + Qtr 2014Presentation and adoption of detailed national and regional programmesTranslate jointly adopted objectives, regulations, and financial allocations into relevant strategies, objectives and and actions.
14 Thematic objectives to Deliver Europe 2020 Research & innovationInformation and communication technologies (ICT)Competitiveness of Small and Medium-sized Enterprises (SMEs)Shift towards a low-carbon economyClimate change adaptation & risk prevention and managementEnvironmental protection & resource efficiencySustainable transport & removing bottlenecks in key network infrastructuresEmployment & supporting labour mobilitySocial inclusion & combating povertyEducation, skills & lifelong learningInstitutional capacity building & efficient public administrations