Activities of Lambert van NISTELROOIJ related to 2016/2064(INI)
Plenary speeches (1)
Implementation of the European Fund for Strategic Investments (debate)
Amendments (6)
Amendment 2 #
Draft opinion
Paragraph 1
Paragraph 1
1. Acknowledges the initial results of the European Fund for Strategic Investments (EFSI) to mobilise private investments, which as of July 2016 totalled to 20.4 billion euros of EFSI financing that will trigger an expected 115.7 billion of euros in investments; recalls that the EFSI must also contribute to economic, social and territorial cohesion and that efforts are needed to enhance synergies and complementarity between the EFSI and European Structural and Investment Funds (ESIFs); underlines the importance of ensuring additionality of the EFSI with respect to other EIB initiatives and EU- funded programs by addressing market failures or suboptimal investment situations;
Amendment 7 #
Draft opinion
Paragraph 1
Paragraph 1
1. Acknowledges the initial results of the European Fund for Strategic Investments (EFSI) to mobilise private investments; recalls that the EFSI must also contribute to economic, social and territorial cohesion and that efforts are needed to enhance synergies and complementarity between the EFSI and European Structural and Investment Funds (ESIFs); underlines the importance of ensuring additionality of the EFSI with respect to other EIB initiatives and EU- funded programs, as this aspect is frequently overlooked in the hitherto implementation process, which constitutes a serious distortion of the perception of EFSI;
Amendment 23 #
Draft opinion
Paragraph 2
Paragraph 2
2. Welcomes the publication of the Commission’s new guidelines of 22 of February 2016 on combining ESIFs and the EFSI as well as the publication of the Commission's and EIB's of 18 of March on EFSI rules related to investment platforms; takes note, however, that the number of existing synergies between EFSI and ESIFs funds is still extremely low and calls on the Commission, the EIB, the national promotional banks and institutions (NPBI) and the managing authorities to accelerate the design and implementation of further synergies in order to ensure a wider geographical coverage of the EFSI;
Amendment 37 #
Draft opinion
Paragraph 3
Paragraph 3
3. Considers that the Commission, the EIB, the Committee of the Regions, and the managing authorities should better cooperate to ensure that more integrated ESIF-EFSI projects are put forward to boost territorial development and cohesion policies; notes that projects in the circular economy could provide an example of integrated ESIF-EFSI projects since they promote the role of local and regional authorities in enabling a transition to a sustainable, resource efficient and competitive economy, while fitting in the investment profile of EFSI fundable projects;
Amendment 71 #
Draft opinion
Paragraph 6
Paragraph 6
6. Believes that the selection of EFSI financing operations and the managing of projects should be more transparent, accountable, based on defined criteria and involve local and regional stakeholders at an early stage, where necessary; stresses that the European Investment Advisory Hub (EIAH) and the EFSI investment committee should use the expertise of local and regional authorities in order to promote integrated ESIF-EFSI projects; with a view to this, the EIAH should play an active role in enabling even more local and regional authorities to make the most of the EFSI by offering advice to all languages and with knowledge of the business environment in each Member State; encourages Member States as well as local and regional authorities to present projects that could be complementarily funded by EFSI and ESIF in the European Investment Project Portal in order to attract investments in their territory;
Amendment 86 #
Draft opinion
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Requests the Commission to avoid double targeting, whereby EFSI funding is targeted at projects which can equally well be financed by ESI Funds; calls, in light of the importance of additionality and complementarity, for better visibility of and communication on the ESI Funds instead of the current, somewhat one- sided highlighting of the EFSI by the Commission;