17107/12 FL/ne 1 DG E 2 A COU CIL OF THE EUROPEA U ... - Europa
17107/12 FL/ne 1 DG E 2 A COU CIL OF THE EUROPEA U ... - Europa
17107/12 FL/ne 1 DG E 2 A COU CIL OF THE EUROPEA U ... - Europa
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(31) The European Union and most Member States are party to the United Nations Convention on<br />
the Rigths of Persons with Disabilities while the remaining Member States are in the process<br />
of ratifying it. It is important in the implementation of the relevant projects that accessibility<br />
for persons with disabilities as mentio<strong>ne</strong>d in article 9 of the Convention.is considered in the<br />
specification of the projects.<br />
(32) The financial instruments to be implemented under this Regulation should reflect the rules<br />
provided in Title VIII of Regulation (EU) No XXX/20<strong>12</strong> [New financial regulation] and the<br />
Delegated Act and in li<strong>ne</strong> with best practice rules applicable to financial instruments. 21<br />
(33) Fiscal measures in many Member States will drive or have already driven public authorities to<br />
reassess their infrastructure investment programmes. In this context, PPPs have been viewed<br />
as an effective means of delivering infrastructure projects ensuring the achievement of policy<br />
objectives such as combating climate change; promoting alternative e<strong>ne</strong>rgy sources as well as<br />
e<strong>ne</strong>rgy and resource efficiency, supporting sustainable transport and the deployment of<br />
broadband <strong>ne</strong>tworks. The Commission committed in its PPP Communication of 19 November<br />
2009 22 to improving access to finance for PPPs by broadening the scope of existing financial<br />
instruments.<br />
(34) Even though the bulk of the investment under Europe 2020 Strategy can be delivered by<br />
markets and regulatory measures, the financing challenge require public interventions and<br />
Union support by grants and innovative financial instruments. Financial instruments should be<br />
used to address specific market <strong>ne</strong>eds, in li<strong>ne</strong> with the objectives of the Con<strong>ne</strong>cting Europe<br />
Facility, and should not crowd out private financing. Before deciding to use financial<br />
instruments, the Commission should carry out ex-ante assessments of these instruments.<br />
21 COM(2011)xxx, A framework for the <strong>ne</strong>xt ge<strong>ne</strong>ration of financial instruments.<br />
22 Communication from the Commission to the European Parliament, the Council, the European<br />
Economic and Social Committee and the Committee of the Regions “Mobilising private and<br />
public investment for recovery and long term structural change: developing Public Private<br />
Part<strong>ne</strong>rships”, COM(2009) 615 final.<br />
<strong>17107</strong>/<strong>12</strong> <strong>FL</strong>/<strong>ne</strong> 14<br />
ANNEX <strong>DG</strong> E 2 A E
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