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Regional Policy Structural and cohesion funds and the European Semester process – experiences from the past, lessons for the future for the European Structural.

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Presentation on theme: "Regional Policy Structural and cohesion funds and the European Semester process – experiences from the past, lessons for the future for the European Structural."— Presentation transcript:

1 Regional Policy 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 22 nd January 2014 Presentation by Walter Deffaa, Director General for Regional and Urban policy European Commission

2 Regional Policy Outline How do European Structural and Investment Funds support growth and jobs in a fundamentally changed environment? 1. Experience from programming period during crisis 2. New perspectives for the period

3 Regional Policy 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 SMEs start-up companies supported KM of new or reconstructed Railway KM of new or reconstructed roads Broadband access for 5 million citizens Access to clean drinking water for 3.2 million citizens ESF: 15 Million participants per year But regional disparities are again growing with the crisis.

4 Regional Policy 1.2 Cohesion Policy response to crisis

5 Regional Policy 2.1 ESI Funds – key pillar of economic policy mix 5 Budget consolidation Budget consolidation Structural reforms Structural reforms Growth support & investment Growth support & investmentEuropeanSemesterCountry-specificrecommendations

6 Regional Policy 6 Budget consolidation Budget consolidation Structural reforms Structural reforms Growth support & investment Growth support & investment Macro-economic conditionality Preserve growth friendly expenditures Ex-ante conditionalities Capacity building 2.1 ESI Funds – key pillar of economic policy mix EuropeanSemesterCountry-specificrecommendations

7 Regional Policy │ 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 Strategies B. 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 ma C. Ex-ante conditionalities will ensure pre-conditions for effective investment

8 Regional Policy : Pivotal Year for Shaping future growth and jobs WhenWhat? 2013Legislation adopted EUR 325 billion available Preparation of programming in MS + COM 1 st Qtr 2014Submission of National "Partnership agreements" expected and adopted (taking account of European Semester recommendations; based on broad partnership of all stakeholders) 2 nd + Qtr 2014Presentation and adoption of detailed national and regional programmes Translate jointly adopted objectives, regulations, and financial allocations into relevant strategies, objectives and and actions.

9 Regional Policy

10 Cohesion policy and national counterpart is a significant proportion of public investment in Europe.

11 Regional Policy

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14 │ 14 Thematic objectives to Deliver Europe Research & innovation 2.Information and communication technologies (ICT) 3.Competitiveness of Small and Medium-sized Enterprises (SMEs) 4.Shift towards a low-carbon economy 5.Climate change adaptation & risk prevention and management 6.Environmental protection & resource efficiency 7.Sustainable transport & removing bottlenecks in key network infrastructures 8.Employment & supporting labour mobility 9.Social inclusion & combating poverty 10.Education, skills & lifelong learning 11.Institutional capacity building & efficient public administrations


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