Financial instruments: Financial Instruments and Territorial Cohesion
Projects
Lifetime
September 2017 – May 2019
Budget
EUR 711,205.00
The main objective of this research activity is to provide territorial analysis on the impacts of European Structural and Investment Funds’ financial instruments in the 2007-2013 programming period and where data allows in the 2014-2020 programming period. The main outcome should be evidence on what the increasing shift to using financial instruments implies for the objective of territorial cohesion and whether using financial instruments as a complement to grant schemes is an effective way to implement European Structural and Investment Funds in terms of added value for territorial development.
Policy questions
- What added value do ESIF financial instruments produce when implemented as a complement to grant schemes and how are the benefits distributed across countries and their regions?
- Where and how are financial instruments being implemented and what are the main territory-related drivers and obstacles?
- What does the increasing shift to financial instruments imply for the objective of territorial cohesion?
- Is using financial instruments as a complement to grant schemes an effective way to implement European Structural and Investment Funds in terms of added value for territorial development?
- How are different territorial features, governance mechanisms and administrative capacities supporting or hindering the use of financial instruments in this new setting in terms of regional development?
Contractors
- University of Strathclyde, UK (lead contractor)
- Nordregio, SE
- Red2Red Consultores, ES
- Technische Universiteit Delft, NL
Project Support Team
- Joerg Lackenbauer, European Comission
Deliveries
- Inception delivery, 08 November 2017
- Interim delivery, 30 September 2018
- Draft Final delivery, 15 January 2019
- Final delivery, 31 May 2019
Contact:
- Zintis Hermansons (Project Expert) [email protected],
- Akos Szabo (Financial Expert) [email protected]