Seminars and Conferences
Brussels, Belgium: 26 October 2012
This workshop aims to help raise awareness amongst rural development stakeholders about the opportunities and considerations involved in creating and utilising financial instruments in rural development programmes during the next programming period (2014-2020).
An information gap exists about the strategic value of financial instruments as tools for stimulating rural development and for tackling the challenges presented by the global economic and financial crisis.
The scope of this workshop is to explain why, when, where and how different types of financial instruments can be used to contribute to the European Union's rural development policy objectives and to help achieve the goals set out by the Europe2020 strategy.
The presentations and discussions will draw on experience gained by various EU funds and policies and managers coordinating financial instruments at local, regional and national level will highlight key lessons learned. The workshop will also provide the latest information on the financial instrument provisions in the context of the Common Strategic Framework (CSF), including changes in the regulations.
- Rural Review on Financial Instruments [PDF ]
- Final Report on the ENRD Rural Entrepreneurship Thematic Initiative: Rural Finance Compiled by the ENRD Contact Point (Final Version – 28th March, 2012) [PDF ]
Financial instruments under the current policy framework
- "Current experience under the EAFRD - General information on the use and uptake of FI and findings of the NRN joint task force on access to rural finance” by Peter Toth (ENRD Contact Point) [PDF ]
- " The Latvian credit fund under the 2007-2013 Rural Development Programme (benefits for the policy and administrative implications)" by Aivars Lapins (Latvian Managing Authority) [PDF ]
- “The Legal Proposal for Financial Instruments under the Common Strategic Framework 2014 to 2020 " by António Gonçalves (Head of Unit REGIO D.3 – Financial Instruments, IFI Relations) [PDF ]
- “Financial Instruments and rural development in the future programming period 2014-2020” by Josefine Loriz-Hoffmann (Head of Unit AGRI.G1) [PDF ]
How to use financial instruments?
- "Current and future use of financial instruments within the ESF" by Emmanuelle Guiheneuf (DG EMPL.E1) [PDF ]
- "EIB experience in managing FI" by Dr. Harald Jahn, Head of Division Natural Resources and Agro-Industry (EIB) [PDF ]
- "Financial instruments for stimulating research, innovation and growth in Europe" by Steve Rogers (DG RTD.C3) [PDF ]
- What are the information needs – support for programme planning and design, delivery, role of various stakeholders? What tools? (for whom, on what, by when?) by Donald Aquilina [Prezi ZIP ]
Additional information by the Swedish NRN [PDF ] [Video clip]
The workshop served to raise awareness and develop a better understanding amongst rural development stakeholders about the opportunities and considerations involved in adopting and utilising financial instruments (FIs) as a tool to facilitate the delivery of the rural development programmes (RDPs) for the future programming period.
The various presentations explained why, when, where and how different types of FIs have been or can be used to contribute to implementation of the rural development policy as well as to achieving the wider goals set by the Europe2020 strategy.
Some of the key aspects highlighted were:
- the limited uptake of FIs in the current set of RDPs;
- the information gap relating to the rural dimension of access to finance;
- the advantages of FIs, from a policy perspective;
- the scope of new regulation to facilitate wider and more flexible use of FIs;
- the setting up of a technical assistance platform to assist MAs with the use of FIs;
- the need for SWOT analyses to identify the FIs;
- the use of FIs to promote social inclusion;
- the EIB’s role in supporting and managing financial instruments; and
- the range of instruments available under the Competitiveness and Innovation framework Programme (CIP) and the 7th Framework Programme.
Various questions were raised by the participants on how to best ensure synergies between the funds and the correlated financial instruments in order to optimise their use and scope. It was reiterated that the MAs should make use of the technical assistance platform that the European Commission will set up and staff capacity should be enhanced to allow for a better take up.
For further information please contact firstname.lastname@example.org.