1. Cohesion policy – opportunities for low-carbon economy 2014-2020 Photo credit: Kheng Guan Toh Dr. Gergana Miladinova European Commission - DG REGIO Team Leader 'Sustainable Growth' Unit G1 – Competence Centre 'Smart & Sustainable Growth'

2. Cohesion Policy 2014-2020 Mission: Reduce disparities between Europe's regions strengthening economic, social and terrritorial cohesion Contribute to Europe's smart, sustainable and inclusive growth Aimed at better performance and impact: Thematic concentration of funds: 11 thematic objectives linked to key growth areas Ex-ante conditionalities and performance orientation Reinforced partnership Increased synergies between the funds and increased use of financial instruments

3. Regional Policy 3 1.Research & innovation 2.Information and communication technologies (ICT) 3.Competitiveness of Small and Medium-sized Enterprises 4.Shift towards a low-carbon economy 5.Climate change adaptation & risk management and prevention 6.Environmental protection & resource efficiency 7.Sustainable transport & removing bottlenecks in key network infrastructures 8.Employment & support for labour mobility 9.Social inclusion & combating poverty 10. Education, skills & lifelong learning 11. Institutional capacity building & efficient public administration Smart Growth Sustainable Growth Inclusive Growth Translated into Fund-specific investment priorities 11 Thematic Objectives

4. Regional Policy Doubling of low-carbon economy investments

5. Regional Policy EMA Network of Energy and Managing Authorities and ENEA-MA Network of Environmental and Managing Authorities Smart Specialisation Platform, including on Energy Advisory platform for financial instruments: fi- compass Off-the-shelf financial instruments, including 'Renovation loan' Administrative capacity support Guidance documents, workshops RegioStars Awards and Regio OpenDays …… Support available

6. 6 Many good examples: Boosting resource efficiency in SMEs North-West England business support scheme ‘Enworks’: set up in 2001, 2007-13 programme value of € 14.8 M with € 7.3 M ERDF Helped over 10,000 businesses with converting environmental pressures into competitive advantages:  £122 million (€145m) in saved business costs or savings of €25,107 per business per year  £223 million (€256m) sales contracts secured and retained More than 7,420 regional jobs created and safeguarded Beneficial for the environment, e.g. savings of:  681,000 tonnes of CO2 eq and 4.7 million m3 of water  3 million tonnes of materials  388,000 tonnes of waste diverted from landfill Winner of the 2013 'Regio Stars Awards'

7. Regional Policy Conclusion The new 2014-2020 offers strongly reinforced opportunities for putting our economies into the low-carbon path All of us together need to work to seize these opportunities Governance is key: need for cross-cutting approaches and engagement of all stakeholders │ 7

8. Regional Policy More information Thematic Guidance on Cohesion Policy investments in the shift towards a low-carbon economy and Guidance on Financial Instruments in Cohesion Policy 2014-2020: http://ec.europa.eu/regional_policy/index.cfm/en/information/legislation/guidance/ Financing the energy renovation of buildings with Cohesion Policy funding – Technical Guidance: http://ec.europa.eu/regional_policy/index.cfm/en/information/publications/guides/2014/financing-the-energy- renovation-of-buildings-with-cohesion-policy-funding Smart Specialisation Platform: http://s3platform.jrc.ec.europa.eu/home Guide "Connecting Smart and Sustainable Growth through Smart Specialisation": http://s3platform.jrc.ec.europa.eu/documents/10157/0/greengrowth.pdf Standard terms and conditions for financial instruments ('off the shelf'), including 'Renovation loan': http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=uriserv:OJ.L_.2014.271.01.0016.01.ENG Commission Staff Working Document – Financial Instruments in Cohesion Policy: http://ec.europa.eu/regional_policy/sources/docoffic/official/communic/financial/financial_instruments_2012_en.pdf Financial Instruments: A Stock-taking Exercise in Preparation for the 2014-2020 Programming Period: http://ec.europa.eu/regional_policy/index.cfm/en/information/publications/reports/2013/financial-instruments-a- stock-taking-exercise-in-preparation-for-the-2014-2020-programming-period fi-compass advisory platform for financial instruments: http://www.fi-compass.eu/ Expert Evaluation Network reports on renewable energy and energy efficiency in housing: http://ec.europa.eu/regional_policy/index.cfm/en/information/publications/evaluations/2011/synthesis-report-on- renewable-energies-and-energy-efficiency-of-housing Cohesion Policy Project Examples: http://ec.europa.eu/regional_policy/indexes/project_examples_en.cfm Intelligent Energy Europe Projects: http://ec.europa.eu/energy/intelligent/projects/?/page/Page.jsp