Funding of BROWNFIELDS regeneration in Bulgaria Simeon Toptchiyski „This project has been funded with support from the European Commission. This publication [communication] reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein.“

Awareness Methods of funding re-development of brownfield in Bulgaria today Local and national budget and initiatives International programmes Public – Private - Partnership

Goals of the unit Which are the main paths used today for brownfields re-development in Bulgaria Which are the main methods of funding using local, regional and national sources Which international programmes exist to fund re- development in Bulgaria Which are the usual case of Public-Private- Partnership (PPP)

Content National budget funding and Privatization as a method of re-development Public – Private – Partnership Bulgarian Fund for Local Authorities and Governments (FLAG) Bulgarian Energy Efficiency Fund (BEEF) International funding: European Union Programmes

National budget funding and Privatization as a method of re-development National budget funding for industrial sites National budget funding for socio-cultural sites National budget funding for dump and sewage disposal and processing areas National budget funding for National Electric Company and Water resources management Privatization as a method of re-development Pros and cons of privatization as method of funding

Public – Private – Partnership Forms of Public-Private-Partnership PPP main characteristics Methods of financing Legal framework Pros and cons of PPP

Bulgarian Fund for Local Authorities and Governments (FLAG) About FLAG Who may receive funding Type of the fund Activities funded by FLAG

Bulgarian Energy Efficiency Fund (BEEF) About BEEF Who may receive funding Type of the fund Activities funded by BEEF

International funding: European Union Programmes Jessica Operational Programme “Regional Development” Operational Programme “Transport ”

Conclusions Funding schemes in Bulgaria for re-development of Brownfields do exist Projects must meet specific criteria in order to get funded Public – Private – Partnership may be the fastest and under conditions the best form of securing funding for brownfields re-development

Thank you for your attention „This project has been funded with support from the European Commission. This publication [communication] reflects the views only of the author, and the Commission cannot be held responsible for any use which may be made of the information contained therein.“