Cohesion Policy Project Appraisal 2021-2027, CBA, the Connecting Europe Facility (Advanced)

Project number: 21302111

- Online Course -

Date & pricing

04/11/2021 - 09/11/2021
Register before: 28/10/2021

€ 700,00 per attendee

€ 630,00 for EIPA members*

Cohesion Policy Project Appraisal 2021-2027, CBA, the Connecting Europe Facility (Advanced)

From:  630,00

This online course will focus on the new Project Appraisal requirements for EU co-financed investment projects and the new Economic Appraisal Vademecum of DG REGIO. It will clarify the link with the Cost-Benefit Analysis (CBA) Guide and the CBA requirements of the Connecting Europe Facility.

SKU: 21302111 Category:

Book up until 4 September to get a 20% early bird discount

About this online course

This online course will focus on the new Project Appraisal requirements for EU co-financed investment projects and the new Economic Appraisal Vademecum of DG REGIO. It will clarify the link with the Cost-Benefit Analysis (CBA) Guide and the CBA requirements of the Connecting Europe Facility.

In 2021-2027, Major Projects will no longer be specifically defined. Nor will there be an EU approval mechanism for large investment projects. However, Member States are still obliged to select the most cost-effective projects.

The new Economic Appraisal VADEMECUM provided by the EC for the period 2021-2027 is provided as a supplement to the European Commission (DG REGIO) CBA Guide, which will remain in use. It highlights good practices in project appraisal, offering a guide to simplified CBA, and other appraisal techniques, such as cost-effectiveness tests and multi-criteria analyses.

In this course experts from the European Commission, the European Investment Bank, INEA (the Innovation and Networks Executive Agency), and the academic world will discuss:

  • best practice in using CBA for project appraisal
  • best practice from Major Projects
  • the new DG REGIO requirements
  • alternative project appraisal techniques; project quality standards, 2021-2027
  • Operations of Strategic Importance (OSI)
  • Using CBA under the Connecting Europe Facility

Please note: this course is part of a 2 stage basic and advanced course. The basic stage goes through the methods, concepts and calculations contained in the DG REGIO Cohesion Policy CBA Guide. If you only participate in stage 2 (advanced), we assume that you understand all the content of the basic level. However, if you feel you need to participate in this basic stage, you can also register for the 5-day basic and advanced course.

How will it help you?

The training will present principles, methods and criteria which can be used by public decision-makers. It will help them to better understand what information is required in order to assess the financial and economic viability of an investment project, and so make the best co-financing decisions in 2021–2027.

Key elements will be practised during workshops with the direct involvement of our EC, INEA and EIB experts. We will clarify when and how to use CBA in the 2021-2027 period.

Who will benefit most?

  • Beneficiaries eligible for Structural Funds, the Cohesion Fund, CEF and IPA III, Managing authorities, intermediate bodies, auditors and consulting companies;
  • Other actors involved in EU funding programmes and projects.
Robin Smail

Robin Smail

Robin Smail Training & Consultancy
EU Structural Funds

Witold Willak

Witold Willak

Unit DDG.02, Coordination of Programmes, European Commission
EU Structural Funds

Davide Sartori

Davide Sartori

European Investment Bank
EU Structural Funds

Ginés de Rus

Ginés de Rus

University of Las Palmas
EU Structural Funds

Julien Bollati

Julien Bollati

INEA
Financial Engineering Manager, Innovation and Networks Executive Agency (INEA), European Commission

Practical information

Online Course
For this online course we make use of Zoom

Remote simultaneous interpretation
Remote simultaneous interpretation can be offered in Spanish, French and Italian on request. Contact the Programme Organiser for more information and conditions

Programme Organiser
Ms Nancy Vermeulen
Tel: +31 43 32 96 212
n.vermeulen@eipa.eu

Discounts
EIPA member fee
EIPA offers a discount to all civil servants working for one of EIPA’s supporting countries, and civil servants working for an EU institution, body or agency.

Who are the supporting countries?
Civil servants coming from the following EIPA supporting countries are entitled to get the reduced fee: Austria, Belgium, Bulgaria, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Portugal, Spain, Sweden.

For all other participants, the regular fee applies.

Early bird discount
Book up until 4 September to get a 20% early bird discount.

Please note that the early bird discount will be applied at a later stage, when you receive the final invoice. The early bird discount is not cumulative with other discounts or promo codes, except for the EIPA member fee.

Confirmation
Confirmation of registration will be forwarded to participants on receipt of the completed online registration form.

Payment
Prior payment is a condition for participation.

Cancellation policy
For administrative reasons you will be charged € 50 for cancellations received within 7 days before the activity begins. There is no charge for qualified substitute participants.

EIPA reserves the right to cancel the activity up to 1 week before the starting date. In that case, registration fees received will be fully reimbursed.

I have a question

Course > I have a Question

The programme

08.45 Opening of Platform
09.00 Review of Part I, Tour de Table
09.00 Opening of the course: introduction to the programme, method, objectives
Tour de Table
Marco Lopriore, Expert, EIPA
09.10 Policy context for Cohesion Policy 2021-2027 and Emergency Health Crisis measures

  • New legal framework of the CPR; Emergency Multi-Annual Financial Framework (MFF)
  • Link to the European Semester, National Reform Programmes and economic governance
  • Country-specific Recommendations and Country Reports 2019 and 2020 (Annex D)
  • new Amending regulations 2014-2020 and 2021-2027, REACT, RRF

Marco Lopriore

Part I – Project appraisal techniques, using CBA for ESI Funds, major projects: 2014-2020 and 2021–2027
09.45 Project Appraisal of Investment Projects under Cohesion Policy and the CEF

  • Key changes to Cohesion Policy, 2021-2027
  • Major Projects, revenue-generating projects, Financial Instruments
  • Project appraisal rules and practice, CBA, other methods
  • Combining grants and loans: Financial Instruments, EFSI, CEF, InvestEU
  • CBA: rationale, demand, feasibility, options, financial & economic appraisal, risk and sensitivity analyses

Robin Smail, Visiting Expert EIPA and Independent Consultant (IE/UK) (former National Expert EC; and former Senior Executive within Evaluation Division, Scottish Enterprise)

10.30 Virtual Coffee Break and meeting our Guest speaker
11.00 Discussion: Member State issues and measuring Economic Benefits
11.20 Using CBA in the decision-making process of Cohesion Policy, the new VADEMECUM for 2021-2027, and considerations for the programme authorities and beneficiaries

  • the role of CBA and CBA guides to date
  • the experience of Major Projects’ sectors in 2014-2020
  • plans for 2021-2027; OSI – Operations of Strategic Importance
  • the new Vademecum / Guide
  • Simplified CBA /Rapid CBA/alternative appraisal techniques
  • InvestEU perspectives

Witold Willak, Deputy Head of Unit, DDG.02, Coordination of Programmes, DG Regional and Urban Policy, European Commission

12.45 Q&A session
13.00 End of day
Part II Cost-Benefit Analysis: theoretical and practical issues; using alternative appraisal techniques
12.45 Opening of Platform
13.00 Review of issues from days 1 & 2
Meeting our guest speaker
13.05 The new guiding principles 2021–2027, CBA method and issues

  • Using the new VADEMECUM
  • CBA versus other project appraisal techniques
  • Cost-effectiveness analysis, multi-criteria analysis
  • CBA and issues for project context and project design

Davide Sartori, Economist, Energy Efficiency Department, European Investment Bank (CBA specialist and Lead Author of the 2014 European Commission Guide to Cost-Benefit Analysis of Investment Projects).

14.00 Discussion: choosing the best appraisal method
14.20 Coffee Break
14.35 Economic evaluation of public investment projects co-financed by EU Funds in 2021 – 2027: methodology for Cost-Benefit Analysis, key issues

  • issues for the financial, economic and risk analyses

Davide Sartori

15.35 Break-out rooms: financial and economic tests for EU and EIB co-funded projects
15.55 Short Break & meet our guest speaker
16.05 The economic evaluation of public investment projects and the use of CBA: Part 2

  • The incremental method; shadow prices
  • Steps in the economic evaluation of projects
  • the economic evaluation of projects; selected evaluation techniques
  • assessing the economic viability of projects in 2021-2027
  • the treatment of risk and uncertainty

Ginés de Rus, Professor of Economics, University of Las Palmas. Research Director of Infrastructure and Transport, FEDEA.

16.45 The economic evaluation of public investment projects and the use of CBA: cases and issues
Ginés de Rus
17.20 Q&A
17.30 End of the day
Part III Cost-Benefit Analysis for the Connecting Europe Facility (CEF)
08.45 Opening of Platform
09.00 Review of Day 3 and meeting our Guest speaker
09.05 Assessing projects under the CEF

  • CEF priorities
  • how to effectively assess projects under CEF
  • the role of CBA in the process
  • InvestEU and CEF

Julien Bollati, Financial Engineering Manager, Innovation and Networks Executive Agency (INEA), European Commission

10.05 Short break
10.15 Break-out rooms: Working with Transport projects (rail, waterways, road, air) and Alternative Fuels for Transport CEF project assessment

  • Project examples
  • Common problems/issues

Julien Bollati

11.05 Short break
11.15 Plenary feedback: Working with Transport projects (rail, waterways, road, air) and Alternative Fuels for Transport CEF project assessment (contd).

  • Solutions
  • Workshop feedback, results, discussion of issues

Julien Bollati

11.35 Virtual Coffee Break
 
Part IV Practical Case Study: using CBA for EU co-financed investment projects
 
11.45 Case study: Research and Development project – how to be efficient in the project assessment process

  • Case study in R&D support
  • How should managing authorities use CBA to find possible weaknesses/inconsistencies?
  • Calculating the level of co-financing

Davide Sartori

12.45 Discussion of technical issues and challenges, possible solutions
13.00 Evaluation of course
13.15 Close of course