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Division Pillar 1 — Contribution to EFSI policy objectives

United Kingdom

Original text. Later amendments are not shown.

Pillar 1 shall assess the consistency with and the contribution of the operation to the realisation of the EFSI general objectives as set out in Article 9(2) of Regulation (EU) 2015/1017. The methodology to assess the overall Pillar 1 rating shall be based on the contribution of the operation ranging from ‘low’, ‘moderate’, ‘significant’ to ‘high’.

The assessment builds on the following dimensions:

— ‘Contribution to EFSI objectives’
  • All projects must contribute to at least one of the general objectives under EFSI. Projects with a low policy priority, such as a ‘non-priority’ road TEN, shall receive a low rating.

  • — ‘Key objectives’
  • Article 9(2) of Regulation (EU) 2015/1017, for each of the general policy objectives, identifies a number of key policy areas, which are considered to be of particular importance. Projects in these key policy areas would move up one notch in the rating scale. Specific features of the project leading to particularly high contribution such as demonstration projects or projects that provide a major contribution to Europe 2020 objectives shall also be considered in the rating. Projects that meet multiple objectives, including horizontal ones such as cohesion and climate, will move up additional rating notches.

  • A single indicator with four rating levels shall be used. To calculate the overall rating, up to 50 points are allocated for each rating notch. When added together (without weighting), the project is then categorised as ‘low’ (less than 50 points), ‘moderate’ (50 to 99 points), ‘significant’ (100 to 149 points) to ‘high’ (150 points and above).