Division Pillar 4 — Complementary indicators

The Scoreboard shall be complemented by the following indicators to be reported for each operation so as to capture key cross-cutting aspects of EIB operations under EFSI:

• Additionality. It shall be specified whether the operation is a special activity or a normal operation. For normal operations, further explanation will be provided justifying additionality as defined in Article 5 of Regulation (EU) 2015/1017;

• A set of indicators related to the macroeconomic environment where the project is taking place, allowing, inter alia, Investment Committee members to assess the potential impact on economic disparities within the Union and long term growth potential: i) indicators specific to the investment situation; ii) the Output Gap, calculated on the basis of the Ecofin Council-approved production function methodology iii) Potential GDP growth; iv) indicators specific to unemployment: the unemployment rate, the year-on-year change in the unemployment rate and a comparison with the EU average; v) the composite cost of borrowing indicator for non-financial corporations, or where those are not available, bank-interest rates to non-financial corporations. In light of these indications, the Investment Committee shall pay a particular attention to the projects that help addressing economic disparities within the Union;

• The expected multiplier effect of the EFSI intervention;

• Amount of private finance mobilised;

• Cooperation with National Promotional Banks and support to Investment Platforms;

• Co-financing with European Structural and Investment Funds;

• Co-financing with other EU instruments (i.e. Horizon 2020, Connecting Europe Facility, etc.);

• Energy efficiencies realised (for relevant operations);

• Climate action indicator (for relevant operations).