Combination of financial instruments and grants under shared management funds in the 2021-2027 programming period

Published on 11 May 2021
Updated on 19 May 2021
Description

This comprehensive factsheet describes how enhanced flexibilities in the Common Provisions Regulation for the 2021-2027 programming period can be used to combine financial instruments and grants in a single operation. The factsheet describes how a number of different types of grant support including interest rate subsidies, technical assistance, investment grant and capital rebates can be combined with loan, guarantee and equity financial instruments in a single operation. Governed by financial instrument rules, combined financial instrument-grant operations are expected to play an important part in scaling up the use of financial instruments to support Cohesion policy in the 2021-2027 period. The factsheet describes the options available under the regulations and gives practical examples of how the flexibilities can be applied in practice.

Country
All EU Member States
Responsibility
EIB