Ex-ante assessment methodology for financial instruments in the 2014-2020 programming period : Financial instruments for urban and territorial development Volume V

The ex-ante assessment methodology aims at providing guidance to Managing Authorities (MAs) in the preparation of the ex-ante assessment of financial instruments (FIs) foreseen in Programme(s), as required by Article 37.2 of the Common Provisions Regulation (CPR). The ex-ante assessment aims at ensuring that ESI Funds resources contributed to FIs are fully aligned with the objectives of ESI Funds and Programmes and are used in accordance with the principle of sound financial management, meaning in the most economic, efficient and effective way. This document constitutes Volume V of the ex-ante assessment methodology dedicated to FIs for urban and territorial development. It also addresses specific aspects of place-based investment strategies that need to be taken into account in the ex-ante assessment. This document should be used in conjunction with Volume I – Ex-ante assessment methodology. Therefore the common descriptions and tools of the General Methodology are not repeated in full in this volume and for points where no particular specificities related to the territorial dimension arise, explanations are concise