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REAP Task 19, Subtask 19.f
Effective Environmental Investments: From Objectives to Project Pipelines
 
   Szentendre, Hungary, December 17-18, 2001 and January 7-8, 2002

Draft agenda (11 Kb PDF file)

The main objective of the workshops is to address three crucial aspects of environmental investment planning, which have been found to largely determine Candidate Countries' success in achieving its overall priorities:

  1. Selecting a proper mix of policy instruments, including investments and the use of public funds;
  2. Setting criteria for project identification; and
  3. Implementing a successful communications strategy in order to carry out the investment strategy efficiently and effectively.

The workshops will build heavily on experiences of individual participants and focus on theory introduction followed by case studies and facilitation of exchange of experience and expertise. It is intended for public officials from three sectors: finance (Ministry of Finance), regional development (Ministry of Regional Development, or similar) and environment (Ministry of Environment).
 

Recommended reading:

Communication From The Commission: The Challenge Of Environmental Financing In The Candidate Countries (PDF file) - COM(1998)294

PEPA Tools

PEPA/1
The PEPA Programme: An Introduction (PDF file)
Flyer to introduce the PEPA programme.

PEPA/2
Meeting the Challenge: A Discussion Document (PDF file)
Document presented at 1st PEPA Progress Meeting in Szentendre, Hungary, June/July 2000.

PEPA/3
Checklist for Water Sector Infrastructure (PDF file)
A tool to assess the status of planning and programming for infrastructure investment in the water sector.

PEPA/4
Checklist for Infrastructure in the Waste Management Sector (PDF file)
A tool to assess the status of planning and programming for infrastructure investment in the waste management sector.

PEPA/5
Checklist for Infrastructure in the Air Quality Sector (PDF file)
A tool to assess the status of planning and programming for infrastructure investment in the air quality sector.

PEPA/6
Checklist for Infrastructure in the Industrial Pollution Control Sector (PDF file)
A tool to assess the status of planning and programming for infrastructure investment in the industrial pollution control sector.

PEPA/7A
Project Characterisation Database (PDF file)
A tool to provide a structured approach to project identification, definition and preparation.

PEPA/7B
Project Characterisation Database - An Explanation (PDF file)
An introduction to the database covering its purpose, structure and when and how to use it.

PEPA/7C
Project Characterisation Database - Excel Spreadsheet (Excel file)
The database itself in the form of an 'empty' Excel spreadsheet for use in the Candidate Countries.

PEPA/8A
Project Characterisation Checklist (PDF file)
A tool to provide more detailed guidance on project characterisation and preparation, based on the same general approach as the database (PEPA/7)

PEPA/8B
Project Characterisation Checklist - An Explanation (PDF file)
An introduction to the checklist covering its purpose, structure and when and how to use it.

PEPA/9
Directive Specific Implementation and Financing Plans (PDF file)
A preliminary structure for a Directive Specific Implementation and Financing Plan.

PEPA/10
Fund Characterisation Fiche: European Investment Bank (EIB) Loans (PDF file)
Key information on EIB loan finance (available funds, eligibility and screening criteria, access to funds and contact details).

PEPA/11
Fund Characterisation Fiche: European Bank for Reconstruction and Development (PDF file)
Key information on EBRD finance (available funds, eligibility and screening criteria, access to funds and contact details).

PEPA/12
Fund Characterisation Fiche: International Finance Corporation (Part of World Bank Group) (PDF file)
Key information on IFC finance (available funds, eligibility and screening criteria, access to funds and contact details).

PEPA/13
Fund Characterisation Fiche: The International Bank for Reconstruction & Development (World Bank) (PDF file)
Key information on IBRD finance (available funds, eligibility and screening criteria, access to funds and contact details).

PEPA/14
Fund Characterisation Fiche: Black Sea Trade and Development Bank (PDF file)
Key information on BSTDB finance (available funds, eligibility and screening criteria, access to funds and contact details).

PEPA/15
Fund Characterisation Fiche: Nordic Investment Bank (NIB) (PDF file)
Key information on NIB finance (available funds, eligibility and screening criteria, access to funds and contact details).

PEPA/16
Fund Characterisation Fiche: Council of Europe Social Development Fund (PDF file)
Key information on CESDF finance (available funds, eligibility and screening criteria, access to funds and contact details).

PEPA/17
Fund Characterisation Fiche: The Central and East European Environmental Investment Fund or Environmental Investment Partners (EIP) (PDF file)
Key information on CEEEIF/EIP finance (available funds, eligibility and screening criteria, access to funds and contact details).

PEPA/18
Fund Characterisation Fiche: Danish Co-operation for Environmental in Eastern Europe (DANCEE) Danish Environmental Protection Agency (PDF file)
Key information on DANCEE bilateral funding programmes (available funds, eligibility and screening criteria, access to funds and contact details).

PEPA/19
Fund Characterisation Fiche: Environmental Soft Loan Programme for Easter Europe (MKØ) - DEPA (PDF file)
Key information on DEPA bilateral soft loan programmes (available funds, eligibility and screening criteria, access to funds and contact details).

PEPA/20
Fund Characterisation Fiche: Finland Ministry of the Environment (FME) (PDF file)
Key information on FME bilateral funding programmes (available funds, eligibility and screening criteria, access to funds and contact details).

PEPA/21
Fund Characterisation Fiche: Swedish International Development Co-operation Agency (SIDA) (PDF file)
Key information on SIDA bilateral funding programmes (available funds, eligibility and screening criteria, access to funds and contact details).

PEPA/22
Directive Specific Implementation and Financing Plan, Waste Sector: Landfill Directive (1999/31/EC) (PDF file)
Guidance on the preparation of a Directive Specific Implementation and Financing Plan for the Landfill Directive (see also PEPA/9).

PEPA/23
An Introduction to Project Prioritisation Criteria and Approaches (PDF file)
Guidance on identifying appropriate criteria for prioritising environmental investment projects, and introduction to a prioritisation methodology.

PEPA/24
An Introduction to Private Sector Involvement in Public Infrastructure Project (PDF file)
Guidance on the options for involving private companies in environmental projects, including the advantages and disadvantages of different approaches.

PEPA/25
PEPA Pipeline Development 2001 (PDF file)
Approach for development of project pipelines, with particular emphasis on the information needed to allow effective screening and prioritisation of projects.

PEPA/26
PEPA Pipeline Development 2001 (Excel file)
Annex to the previous document

PEPA/27
Investments To Implement E.U. Waste Policy (PDF file)
A tool to help the Polish local authorities to identify the investments that are needed at a local level in order to achieve compliance with EC waste and environmental legislation.
 

Other documents

Check List For Infrastructure Projects - Water

Check List For Infrastructure Projects - Waste

Check List For Infrastructure Projects - EIA and IPPC Directive
 

Advanced reading on environmental policy

The Role of Industrial Country Policies in Emerging Market Crises
Jeffrey A. Frankel, Nouriel Roubini. NBER Working Paper No. W8634 (December 2001)
This paper considers policies of the industrialized countries, as they pertain to crises in emerging markets, including their own macroeconomic policies, their role in responding to crises when they occur, and efforts to reform the international financial architecture.

International Trade and the Environment: A Framework for Analysis
Brian R. Copeland, M. Scott Taylor. NBER Working Paper No. W8540 (October 2001)
This paper sets out a general equilibrium pollution and trade model to provide a framework for examination of the trade and environment debate. It examines the environmental consequences of growth, the impact of trade liberalization, and strategic interaction between countries.

Environmental Taxation and Regulation
A. Lans Bovenberg, Lawrence H. Goulder. NBER Working Paper No. W8458 (September 2001)
This paper examines government policy alternatives for protecting the environment. It compares environmentally motivated taxes and various non-tax environmental policy instruments in terms of their efficiency and distributional impacts.

A Framework to Compare Environmental Policies
Don Fullerton. NBER Working Paper No. W8420 (August 2001)
This paper builds a single model that can be used to show efficiency and distributional effects of eight different types of environmental policies (including taxes, subsidies, regulations, permits, and legal liability).

Environmental Tax Interactions When Pollution Affects Health or Productivity
Roberton C. Williams. NBER Working Paper No. W8049 (December 2000)
This paper develops an equilibrium model that allows regulation to provide benefits through several different channels, including improved health or productivity.

Health Effects in a Model of Second-Best Environmental Taxation or Reconsidering "Reconsidering the Tax-Interaction Effect"
Roberton C. Williams. NBER Working Paper No. W8048 (December 2000)
This paper employs an analytically tractable general equilibrium model, which shows that interactions with health effects from pollution actually will tend to reduce the optimal environmental tax.

The Environmental Regime in Developing Countries
Raghbendra Jha, John Whalley. NBER Working Paper No. W7305 (August 1999)
This paper discusses the environmental externalities that are commonly found in the developing world along with the policy responses commonly used to deal with these.

Is Free Trade Good for the Environment?
Werner Antweiler, Brian R. Copeland, M. Scott Taylor. NBER Working Paper No. W6707 (August 1998)
This paper sets out a theory of how openness to international goods markets affects pollution concentrations. It concludes that freer trade appears to be good for the environment.

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