Interviews with the Spanish Ministry of Agriculture, Fisheries and Food and SAECA

Submitted by vasil.boychev@… on
Body

Agriculture is a cornerstone of the Spanish economy, contributing 10% to the GDP and providing a significant number of jobs. To support this vital sector, a financial instrument was established to offer autonomous communities a coordinated management framework with common application conditions. This framework aims to negotiate better terms and cover projects that are viable but considered too high-risk for conventional financial institutions.

In this interview, hear from Isabel Bombal Diaz, Director General of Rural Development, Innovation and AGRI-food, Fisheries and Food, and Pablo Pombo Gonzalez, President Sociedad Anónima Estatal des Caucion Agraria, SAECA about the importance of financial instruments for the agricultural sector in Spain.

ERDF guarantee financial instruments

Submitted by vasil.boychev@… on

This factsheet aims to present key features of guarantee financial instruments, together with industry best practice, to support managing authorities and other fi-compass stakeholders seeking to implement guarantee financial instruments in the future. In addition, relevant fi-compass resources will be highlighted for users to access to find further information on the topics featured in this factsheet.

Financial instruments and grants combination for energy efficiency of multi-apartment buildings in Latvia

Submitted by vasil.boychev@… on

This case study highlights Latvia’s Energy Efficiency Programme for Multi-apartment Buildings (EEPMB) which used 2014-2020 ERDF resources and combined two financial instruments (a guarantee and a loan) with grants to support energy renovations in residential multi-apartment buildings. Managed by Altum, Latvia's state development finance institution, the programme supported renovation of 624 projects.

Micro-loan fund for agricultural entrepreneurship in Greece

Submitted by vasil.boychev@… on

The Micro-Loan Fund for Agricultural Entrepreneurship features a risk-sharing micro-loan facility under a Fund of Funds (FoF) structure, managed by the Hellenic Development Bank (HDB). Supported by Greece’s Rural Development Programme (RDP) 2014-2022 with a contribution of EUR 61.5 million from the European Agricultural Fund for Rural Development (EAFRD), it is the first micro-finance instrument for the primary sector in the country. The instrument co-finances new loan portfolios built-up by financial intermediaries at a risk-sharing rate of 50%.

ESF+ financial instruments

Submitted by vasil.boychev@… on

This handbook provides comprehensive guidance on setting up and implementing financial instruments under the European Social Fund Plus (ESF+) to support employment, education and social inclusion. Developed to assist ESF+ managing authorities and other relevant stakeholders, the handbook highlights the potential offered by financial instruments to enable sustainable funding solutions and maximise social impact. The publication describes why financial instruments are relevant tool for achieving ESF+ objectives and how to make the most of their use.

Subscribe to