EUROPEAN STRUCTURAL AND INVESTMENT FUNDS (ESIF)
The European Structural and Investment Funds (ESIF) - consisting of the European Regional Development Fund (ERDF), the European Social Fund (ESF), the Cohesion Fund (CF), the European Agricultural Fund for Rural Development (EAFRD) and the European Maritime and Fisheries Fund (EMFF) - can be used to support development in a comprehensive way by investing for instance in businesses, research and development, infrastructure, employment and training, agriculture, forestry and fisheries development, with the overall objective to improve the quality of life of EU citizens.
Member States and regions can use financial instruments as an efficient and sustainable way of providing support targeted at the priorities of a programme co-funded by ESIF. Financial instruments are suitable for financially viable projects, i.e. those which are expected to generate enough income or savings to pay back the support received.
For further information, please consult the fi-compass factsheet on ESIF financial instruments.
fi-compass offers general information and advice relevant to all ESIF financial instruments, resulting from the common legislative framework and financial market practices. It covers awareness raising activities, as well as operational and regulatory aspects that are common to financial instruments implemented under the ESI Funds. Specific advisory products include information material, manuals, case studies and training for managing authorities or financial intermediaries involved in the delivery of ESIF financial instruments. More specific technical advice will be provided in a second step, to take into account emerging concepts on financial instruments under a given ESI Fund, in specific sectors and for the relevant final recipients. The dedicated advice for ESI Funds with limited experience in deploying financial instruments (CF, EAFRD, EMFF and ESF) will initially focus on awareness raising and capacity building activities to promote a shift towards the use of financial instruments.
Financial Instruments under ESI funds 2014-2020
Factsheet, A sustainable way of achieving EU economic and social objectives, pdf
Manual, Ex Ante Assessment - Quick reference guide, pdf
- fi-compass advisory platform, Rudolf Niessler, EC, pdf
Key features and opportunities of financial instruments under ESI funds 2014-2020, Nicholas Martyn, EC, pdf
Financial Instruments under ESIF: Standard terms and conditions for financial instruments. (2014/964/EU), Thomas de Bethune, EC, pdf
fi-compass horizontal assistance & the role of EIB, Simon Barnes, EIB, pdf
- Getting started in 2014-2020: Ex-ante assessment for Financial Instruments, Patricia B. Llopis, EIB, pdf
Lessons from the ground, Alessandro Valenza, t33 sarl, pdf
Getting started in 2014-2020: Ex-ante assessments – the case of Slovakia, Martin Polónyi, Ministry of Finance, Slovak Republic, pdf