EU Strategy for the Danube Region
Funding
EU funding
Although the Strategy does not come with extra EU finance, a considerable amount of funding is already available to the region. EU countries may make use of the funding they receive through EU cohesion funding:
For the period 2007-2013, the available resources for the Danube Region from the EU cohesion funding amounts to around €100 billion.
Candidate countries and potential candidates may make use of the funding they receive from the EU:
Other EU financial instruments may also contribute towards the implementation of the Strategy, including : , , , ,
- JEREMIE - Joint European Resources for Micro to Medium Enterprises
- JESSICA - Joint European Support for Sustainable Investment in City Areas
- JASMINE - European Commission Initiative to reinforce development of micro-credit in Europe
- JASPERS - Joint Assistance to Support Projects in European Regions
- LIFE+ : environmental and nature conservation projects
- 7th Research Framework Programme : EU support for Research and Technological Development
- Competitiveness and Innovation Programme : innovation for SME's
- TEN-T funds : Transport infrastructure
- TEN-E funds : Community financial aid to trans-European networks
International Financial Institutions
The Strategy may also be financed through loans from inter alia:
- EIB – European Investment Bank
- European Investment Fund
- EBRD-European bank for reconstruction and development
Private Sector
The involvement of the private sector will be especially welcome. Accessing and combining funding, especially from public and private sources, will be crucial in achieving positive results.
Public-private Partnership (PPP)
Public-private Partnership (PPP) can be an important means for the delivery of long-term infrastructure assets and related services in the Danube Region. The Public–Private Community Partnership might be a useful model, where both the national and regional government and private players work together, with the focus shifted towards achieving targets as well as creating profit.
Coordination of funding
The intention is also to bring together all the Institutions which could finance projects submitted by the Priority Area Coordinators. This involves in particular the Structural Fund Programmes, the IPA Coordinators, representatives of the ENPI programmes, the National Funding sources and the main International Financial Institutions.