Strategic Moves - Regional Environmental Center for Central and ...

TABLE 19: EC projects (allocations in million EUR) according to sector and country (2007–2009)
preparation and implementation of infrastructure investments in the social sector,
as well as in the fields of transport and environment. Investments are intended to
help municipalities and public and private companies running utilities to identify
and prepare priority infrastructure projects for financing through IFI loans,
EC grants, and/or the government budget, and to provide financial support to
the upgrading of infrastructure by providing grant co-financing using loans extended
by IFIs (IPA 2008d).
A total of EUR 3.393 million will be spent on the establishment of the Facility
for Project Preparation and Reinforcement of Administrative Capacity in Croatia.
It will provide flexible technical support (twinning, twinning light and
technical assistance) to Croatian authorities; address specific needs identified for
the country; and help to prepare a pipeline of projects for further funding with
a view to reinforcing the institutional and administrative capacity for the management
of IPA funds (IPA 2007a).
Lessons learned after the first phase of IPA implementation
A key challenge for the countries in relation to the implementation of the IPA
is their capacity to absorb funds. This is dependent on national capacities to set up
the necessary institutions; to prepare the required project documentation, including
feasibility studies; and to provide co-financing. IPA funds for investment in
environmental infrastructure require substantial co-financing of approximately 30
percent of total project costs. To address the co-financing requirements, countries
C H A P T E R 7
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
ENERGY TRANSPORT WATER AND MUNICIPAL SOCIAL ALL
ENVIRONMENT INFRA-
STRUCTURE
SECTORS SECTORS
Albania 0 (0) 4 (15) 3 (27) 0 (0) 3 (23) 10 (64)
Bosnia and
Herzegovina
2 (4) 2 (2) 3 (7) 1 (1) 4 (8) 12 (21)
Croatia 2 (2) 7 (206) 28 (48) 0 (0) 0 (0) 37 (257)
Kosovo (as
defined under
UNSCR 1244)
2 (13) 2 (9) 1 (18) 1 (14) 4 (43) 10 (96)
FYR
Macedonia
1 (2) 3 (30) 4 (17) 1 (7) 6 (9) 15 (65)
Montenegro 1 (2) 1 (6) 2 (5) 0 (0) 2 (3) 6 (15)
Serbia 1 (6) 7 (27) 7 (33) 2 (67) 12 (76) 29 (209)
Western
Balkans
9 (28) 26 (295) 48 (154) 5 (89) 31 (160) 119 (726)
Source: WCIBP database
S T R AT E G I C M O V E S 161