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158<br />

C H A P T E R 7<br />

F I N A N C I N G E N V I R O N M E N TA L I N F R A S T R U C T U R E I N V E S T M E N T S<br />

FIGURE 15: IPA allocations to SEE countries (2007–2012)<br />

EUR<br />

million<br />

250<br />

200<br />

150<br />

100<br />

50<br />

0<br />

Albania<br />

S T R AT E G I C M O V E S<br />

Bosnia <strong>and</strong><br />

Herzegovina<br />

Croatia Kosovo (under FYR<br />

UNSCR 1244) Macedonia<br />

2007 2008 2009 2010 2011 2012<br />

Source: EC, DG Enlargement<br />

Montenegro<br />

Serbia<br />

countries eligible <strong>for</strong> IPA funding; <strong>and</strong> Component III: <strong>Regional</strong> Development<br />

(environment, transport <strong>and</strong> economic development). Financial support through<br />

the IPA is delivered via annual national <strong>and</strong> multi-beneficiary programmes based<br />

on country-specific multi-annual indicative programming documents (MIPDs) <strong>and</strong><br />

multi-annual indicative financial frameworks (MIFFs), which are strategic documents<br />

that indicatively allocate funds per beneficiary country <strong>and</strong> per component.<br />

In the potential c<strong>and</strong>idate countries, infrastructure investments are supported<br />

through Component I, while c<strong>and</strong>idate countries implement pre-structural policies<br />

<strong>and</strong> receive financial support through access to Component III. Under IPA Component<br />

II, environment projects in eligible cross-border areas receive financing through<br />

cross-border cooperation programmes. Annual national programmes define precisely<br />

the projects to be provided with grants during the <strong>for</strong>thcoming financial year under<br />

Component I <strong>for</strong> both sets of countries, while three-year rolling operational programmes<br />

in energy, transport <strong>and</strong> environment allow more flexibility in the financing<br />

of multi-annual projects under Components I <strong>and</strong> II (EC, DG Regio, IPA website).<br />

In 2007 <strong>and</strong> 2008, under Component I national programmes, approximately<br />

EUR 63 million <strong>and</strong> EUR 59 million respectively were allocated to environment-

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