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

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C H A P T E R 8
P R I O R I T I S AT I O N O F I N F R A S T R U C T U R E P R O J E C T S — T H E P E I P L I S T S
FIGURE 29: Complete or significant funds secured by PEIP projects between 2007 and 2009
EUR
million
250
200
150
100
50
0
Albania Bosnia and
Herzegovina
Source: REC national PEIP lists
S T R AT E G I C M O V E S
Croatia FYR
Macedonia
Kosovo (under
UNSCR 1244)
Montenegro
Serbia
Project progress
Figure 28 shows the number of successful projects that secured complete funding
or funding sufficient to start project implementation and that were consequently
removed from the lists. Projects that saw some progress in terms of the
development of project documentation and/or that secured some additional funding,
are also shown. In Croatia, the priority environmental infrastructure projects
made the biggest progress in terms of securing full or significant financing, followed
by Montenegro, Serbia and Albania.
All projects that successfully secured complete funding were removed from the
PEIP lists. Of the projects that received sufficient (in some cases conditional) funding,
some were removed from the lists while others remained. Sufficient funding
refers to adequate funds to start the construction/implementation of the project,
or at least to start/complete one of the main phases of a project. Some countries applied
the principle that a project should stay on the PEIP lists until 100 percent
funds were secured. Other countries decided to remove projects that had secured
suffient funding for a particular phase.
Figures 28 and 29 show that Croatia made the biggest progress in completing
project documentation and securing funds for priority environmental infrastructure
projects. In terms of total funds secured per country, Montenegro and Bosnia