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222<br />

A N N E X E S<br />

A N N E X 4<br />

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

Annex 4<br />

Selected REC publications in the field<br />

of environmental infrastructure investments<br />

<strong>and</strong> financing<br />

• Municipal investments in water <strong>and</strong> waste infrastructure in South Eastern Europe<br />

(2007)<br />

The report analyses the progress achieved by SEE countries in the process of<br />

municipal infrastructure development <strong>for</strong> the period 2001 to 2005. It outlines<br />

the key issues faced by the local <strong>and</strong> national actors <strong>and</strong> proposes recommendations<br />

<strong>for</strong> overcoming these obstacles.<br />

• Investing in the Environment as a Way to Stimulate Economic Growth <strong>and</strong> Employment.<br />

How <strong>Environmental</strong> Projects Contribute to Achieving Lisbon Agenda<br />

Goals (2007)<br />

The report collects, analyses <strong>and</strong> discusses existing evidence of the contribution<br />

made by environmental projects to the two objectives of the Lisbon Strategy:<br />

economic growth <strong>and</strong> employment. It is also intended to help member<br />

states in designing Cohesion Policy–funded projects that achieve the Lisbon<br />

Strategy objectives <strong>and</strong>, at the same time, ensure environmental sustainability.<br />

• <strong>Environmental</strong> Financing Trends in South Eastern Europe: 2001–2005 (2007)<br />

The report presents trends in environmental financing in SEE between 2001<br />

<strong>and</strong> 2005 <strong>and</strong> proposes recommendations <strong>for</strong> decision makers in the region <strong>for</strong><br />

improving the effectiveness of environmental financing from domestic <strong>and</strong> external<br />

financing sources.<br />

• Financial mechanisms providing co- <strong>and</strong> pre-financing <strong>for</strong> EU funded environmental<br />

projects (2007)<br />

The publication provides an overview of co- <strong>and</strong> pre-financing sources <strong>for</strong> EUfunded<br />

environmental projects in EU-27 countries. It gives an overview of public<br />

pre- <strong>and</strong> co-financing schemes; the role of international financing<br />

institutions (IFIs) in providing co-financing <strong>and</strong> bridging funds; <strong>and</strong> includes<br />

a review of the involvement of the commercial banking sector in financing environmental<br />

projects.<br />

• <strong>Environmental</strong> Infrastructure Investment Project Preparation in the Water Sector.<br />

Available Sources of Finance <strong>for</strong> Water Infrastructure Projects in the <strong>for</strong>mer Yugoslav<br />

Republic of Macedonia (2006)<br />

The publication is based on the specific needs <strong>and</strong> experience of the <strong>for</strong>mer Yugoslav<br />

Republic of Macedonia in preparing wastewater-related environmental<br />

investment projects. It covers issues such as the strategic planning of investments,<br />

feasibility studies, project development <strong>and</strong> funding.<br />

• Establishing an <strong>Environmental</strong> Fund, Practical Aspects <strong>for</strong> Decision Makers <strong>and</strong><br />

Fund Managers (2006)

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