The Territorial Cohesion Agency provides the Managing Authorities (MAs) of NOPs and ROPs with support for programming, implementation and use of financial engineering instruments co-financed by the ERDF and ESF for the 2014-2020 cycle, ensuring close liaising and coordination with relevant EU offices. Suitable financial instruments are: loans, guarantees, risk or equity capital and rebates.

These activities are entrusted to Office 5 of the Projects and Instruments Area, also through the Permanent Technical Table on Financial Instruments, which meets every two months and includes all the MAs of NOPs and ROPs, and experts invited on a case-by-case basis.

e-mail address: area.progetti.uf5@agenziacoesione.gov.it

Report on financial instruments co-financed by the European Structural and Investment Funds

The Report is broken down in four chapters:

1. Market dynamics: credit, credit guarantees, risk capital;
2. Financial instruments programming, which overviews allocated resources;
3. Financial instruments implementation, with procedural and financial details at the level of single measures;
4. System actions undertaken by the Territorial Cohesion Agency to foster strategic and operational convergence of instruments.

The Report pursues several aims, such as: offering a synthetic information framework on the context dynamics of financial phenomena; presenting exhaustive and detailed information on implementation progress and results achieved by single financial instruments, on a comparative basis; disseminating knowledge of system actions promoted by the Territorial Cohesion Agency and implemented jointly with relevant central and regional Administrations; fulfilling the duty of accountability in specific financial instrument segments.