Objective:
To provide a forum for informal discussions on issues important to the funds' strategic development and functional operations. The 5th meeting of the Environmental Fund Network will be organised within the framework of the EAP Task Force Work Programme.

Date:
June 28, 2001
Szentendre, Hungary

PEPA - International Meetings

Objective:
To facilitate transfer of experience and expertise concerning the preparation and implementation of directive-specific environmental investment strategies among the Candidate Countries.

Third Progress Meeting on PEPA
June 26-27, 2001
Szentendre, Hungary

Fourth Progress Meeting on PEPA
November 27-28, 2001
Warsaw, Poland

Contact: Miroslav Chodak, REC; E-mail: mchodak@rec.org

 
Study Visits

Study Visit I.: State Environment Fund
September 10-12, 2001
Prague, Czech Republic

Study Visit II.: Kommunalkredit AG
September 24-26, 2001
Vienna, Austria

Contact: Miroslav Chodak, REC; E-mail: mchodak@rec.org

 
Studies and Publications

Guidelines and Review of the Procedures and Policies of the Environmental Funds

Objectives:

	These guidelines will combine an analysis of the current situation of Environmental Funds in light of the St. Petersburg guidelines with the potential role of Environmental Funds in the future. In particular, the study will focus on the following:
	(1) Improving fund performance standards through the whole project cycle in view of St. Petersburg guidelines;
	(3) Developing early strategic visions for the funds with respect to their potential role after the country's accession to the EU and impact of the EU legislation on the state aid to the environment.

Target Date
To be published by the end of 2001

Comments:
The question of state aid (ie. 'community guidelines on state aid for environmental protection') and Article 87 of the Amsterdam Treaty, and the issues of channeling foreign sources of revenues and coordinating with International Financial Institutions will also be examined.

 
Sourcebook of Environmental Funds (Update)

Objective:
The sourcebook update will serve Environmental Funds managers, governmental officials and a wider audience that includes project developers and financial institutions as a reference guide for reviewing the performance of Environmental Funds in a consistent and comparable way.

Target Date
To be published by the end of 2001

 
Capacity Building

Effective Environmental Investments 
"From Objectives to Project Pipelines"
December 17-18, 2001 and January 7-8, 2002

Contact: Miroslav Chodak, REC; E-mail: mchodak@rec.org