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Document 52009DC0615
Developing Public Private Partnerships
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Developing Public Private Partnerships
Public Private Partnerships can contribute to economic recovery and the sustainable development of the European Union (EU). The combination of public and private capacities and money is essential in the context of the economic crisis. The Commission presents the obstacles to PPPs being set up and the means to encourage them.
ACT
Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions of 19 November 2009 - Mobilising private and public investment for recovery and long term structural change: developing Public Private Partnerships [COM(2009) 615 final – Not published in the Official Journal].
SUMMARY
Public Private Partnerships (PPPs) are innovative financing solutions promoted by the European Union (EU). In particular, they can contribute to:
PPPs within the EU
These partnerships must be compatible with the rules of the EU as regards:
EU financing can be used to co-finance PPPs. National public and private stakeholders can benefit from:
The EU also recommends the use of instruments for innovation:
PPPs outside the EU
PPPs can be set up as part of enlargement strategy and external cooperation actions. The EU also contributes to the Global Energy Efficiency and Renewable Energy Fund, an international PPP for investors in developing countries.
Finally, the EU promotes improved transparency and operation of PPPs in its international trade relations.
Obstacles to the creation of PPPs
The economic crisis has limited access to financing due to:
It is for this reason that the Commission has presented a temporary Community framework for State aid to support access to finance in this period of economic crisis.
Setting up PPPs often involves:
PPPs in the field of technological innovation are essential for EU competitiveness. The Commission is to build a specific framework to:
Measures taken by the EU
The economic crisis has a negative impact on public finances and on projects requiring long-term investment. Thus in 2010, as part of the Economic Recovery Plan, the Commission plans five specific actions to foster the setting up of PPPs:
The Commission is also to evaluate a series of additional measures before the end of 2011. These concern:
Last updated: 15.04.2010