1. Priority Environmental Investment Programme (PEIP) – CARDS Regional Regional Meeting for Senior Officials from SEE and Donors’ Community 26th November, Brussels, Belgium Progress – Potential Candidate Countries Joanna Fiedler, Senior Project Manager Environmental Financing

2. www.rec.org PROJECTS under update AIR WAT ER WAS TE TOT AL AL0101121 BIH2518 CR2101527 FYR OM313218 MN2349 SR25613 KO28414 TOTA L135443110

3. www.rec.org Progress success rate TOTAL Funds secured Progress noted Total progress % progress AL21951467 BIH823563 CR27371037 FYROM1802211 MN905556 SR1304431 KO1443750 Total11018294743

4. www.rec.org Albania 67% of projects progressed; Support for implementation of National Environmental Strategy project – draft law for environmental fund (one of the outputs; EUR 323 mln for environmental investments (2014) and EUR 1000 mln (2027) to comply with EU env. Acquis (Draft National Env. Strategy); Significant progress on hot spots (Sharra landfill, industrial – Vlora, Ballsh,Fier).

5. www.rec.org Bosnia and Herzegovina 63 % of projects progressed; New projects to be added – Programme of Public Investments in BiH 2006-2008; Establishment of Project Preparation Unit; Water Quality Management at River Basin level in BiH (23 priority locations identified.

6. www.rec.org Montenegro 56% of projects progressed; 4 new projects are proposed to be added to the list; The law on eco-fund is In the drafting stage; National Strategy for Sustainable Development (2006); Establishing Environmental Protection Agency; Environmentally Sensitive Tourist Areas Project for Montenegro (WB) waste management solutions.

7. www.rec.org Serbia 31% of projects progressed; 5 projects proposed to be added to the list; Establishment of the Development and Aid Coordination Unit (Ministry of Finance) – coordination of international assistance; The Ministry of Environmental Protection (2007); Coordination Body for supporting Local Infrastructure (Nov. 2007) – better coordination of assistance; Environmental Protection Fund (2007 – support to construction of regional landfills)

8. www.rec.org Kosovo UNSCR 1244 50% of projects progressed; Draft Development strategy – revisions to wastewater projects; Sustainable Development Strategy – under development; Agency for Environmental Protection (April 2007); Budget support to the Air Quality Monitoring Network

9. Thank you for your attention Joanna Fiedler Senior project manager Environmental financing and economic instruments Environmental Policy Programme Regional Environmental Center for Central and Eastern Europe jfiedler@rec.org