Activities of Peter SKINNER related to 2012/2027(INI)
Shadow opinions (1)
OPINION on innovative financial instruments in the context of the next multiannual financial framework
Amendments (6)
Amendment 1 #
Draft opinion
Paragraph 1
Paragraph 1
1. Notes that the large number of European financial instruments and cofinancing programmes is an element that generates confusion and uncertainty among the public and private entities that want to make use of them; hopes therefore for a rationalisation and coordination of the same,requests a review undertaken to determine the most efficient means of disbursement to the applicant in order to encourage their efficient use of these instruments and structural funds within a unitary and coherent framework, including structural funds;
Amendment 5 #
Draft opinion
Paragraph 2
Paragraph 2
2. Notes that certain financial instruments already in operation in the energy sector, such as the European Energy Efficiency Fund (EEEF) and the Marguerite Fund, are unfortunately producing results that are worse than expected; observes in fact that the Marguerite Fund has so far funded a fairly limited number of projects, while the European Energy Efficiency Fund offers funds to those who want to make use of it under financial terms that are similar to those offered by the ordinary market, if not less favourable; considers that the adoption of future financial instruments should therefore take into account those less-than-positive experiences have been met with limited success with regard to the number of projects funded; considers that the adoption of future financial instruments should take this into consideration when assessing how the scope for this type of funding can be widened;
Amendment 16 #
Draft opinion
Paragraph 4
Paragraph 4
4. Appreciates thBelieves that more attention should be given to supporting SMEs through the equity and debt instruments for which the Programme for the Competitiveness of enterprises and SMEs (COSME) and the Horizon 2020 programme provide; believes it appropriate, however, to consider the possibility of increasing the maximum threshold stipulated by the loan guarantee facility in COSME (EUR 150 000), in view of a more precise valuation of the actual credit requirements of European SMEs;
Amendment 20 #
Draft opinion
Paragraph 6
Paragraph 6
6. Supports the efforts made to incentivise research and innovation within SMEs in the Horizon 2020 programme; notes also that the financing of risk capital is not the only route available to achieve this objective; therefore calls on the Commission and the other interested entities to analyse the possible implications of a system of adjudication of contracts on the part of SMEs for the development of technologhowever, given the Risk Capital Action Plan [SEC(1998) 552] the goal of the Commission should be to encourage such finance; also views that are demonstrably needed by European institutions, so that European funds go towards funding the creation of technologies that are useful to said institutions return to benchmarking of risk capital financing and availability should be envisaged;
Amendment 23 #
Draft opinion
Paragraph 7
Paragraph 7
7. Reiterates that these financial instruments should be activated in order to implement projects deemed necessary to achieve the strategic objectives of the European Union for intelligent, sustainable and inclusive growth; therefore calls on the Commission and the EIB in particular, but also all thto promote other organisations directly or indirectly involved, to much more actively assist the promoters of these projects, especially in the initial phase projects throughout the cycle of implementation and continuously re-assess to ensure that funds are being efficiently used;
Amendment 29 #
Draft opinion
Paragraph 9
Paragraph 9
9. Trusts in the more-than-positive impact of greater strategic use of financial instruments oin the European Union, but believes that this will unfortunately be limited to projects with short- to medium- term returns; fears that investment in projects equally necessary for the achievement of the strategic objectives of the European Union for intelligent, sustainable and inclusive growth may not be realised because they may be deemed too risky for investors and due to the lack of public funds;