1. Priority Environmental Investment Programme (PEIP) – CARDS Regional Regional Meeting for Senior Officials from SEE and Donors’ Community 28th November 2008 Brussels Objectives of Meeting PEIP Activities 2008 Ruslan Zhechkov, Senior Expert Environmental Financing

2. Objectives Provide update on development of environmental investments in SEE since June 2008: main policy developments, reform efforts and financed projects Get update from EC on new developments on environmental financing including IPA III and project preparation facilities Present developments in several countries and convey good practices and difficulties: Albania, Croatia and Turkey Discuss the transition to RENA: best way to tailor the instrument

3. PEIP 2008 PEIP Regional meeting: Budva – June 2008 5 national workshops on environmental investments -Serbia (water and waste) – May 2008 -Montenegro (water and waste) – May 2008 -Albania (water) – September 2008 -FYROM (waste) – October 2008 -Croatia (water) – October 2008 2 project list and analytical reports update: -April/May 2008 -Sept/Oct 2008 Manual development -Water Utility Reform Manual – draft ready, under consultation -Speeding up Investments in waste – awaiting EC feedback on outline