Division Indicators common for all the financial instruments

United Kingdom

Outcomes, indicators and targets for the financial instrument will be agreed with the delivery entity. At a minimum, they should cover:

Number of agreements (loans, guarantees etc.) with intermediary financial intermediaries (n);
Volume of financing made available by the financial instruments (EUR m);
Volume of private finance leveraged by the financial instruments (EUR m);
Number of final recipients (n);
Number of Member States in which projects were financed by the financial instruments (n);

Notes on Division 7

f1: See also the Programme Statement in the Draft Budget for 2014, COM(2013) 450, p. 181ff. N.b.: Indicators and targets in the Programme Statement were drawn up by the Commission on the basis of its proposal from 2011. During the legislative procedure several changes were introduced: capacity and technical assistance projects were introduced, the total budget was lowered by 15 % and the amount for Nature and Biodiversity was increased to 55 % of the resources allocated to projects (i.e. reducing the amount earmarked for Environment and Resource Efficiency), the co-funding rate was raised to 60 % or more for all projects for the period 2014-20, thematic priorities were introduced, and the percentage of integrated projects was reduced to 30 % of the resources allocated to action grants. The outcomes and targets were therefore adapted accordingly.