Henttonen Presentation

Jaakko Henttonen, NDEP Manager EBRD St PetersburgCommon issues for EU Strategy for Baltic Sea Regions and NDEPNDEP will work with non-EU countries for reduction of nutrient loadsIntensive cooperation with Russia following adoption of the HELCOM National Action PlanDevelopment of working relations with BelarusEnsuring adequate funds for priority actionsNDEP in briefSince 2001 NDEP as a successful model for cooperation amongst International Financing Institutions, the EC and donor governments (including Russia and Belarus) to deliver concrete projects. NDEP celebrated the 10th Anniversary in June 2011 in St Petersburg.Environmental window: EUR 120m in NDEP grants allocated to 28 projects with EUR 683m loans and total investments over EUR 3,340m producing cost-effective results.In recognition of its success, the latest round for replenishment brought EUR 48m new funds for the Environmental Window. The NDEP mandate has been extended until 2017.The NDEP Implementing Agencies (EBRD, EIB, NIB, NEFCO and KfW) are preparing a new project pipeline – with special attention to energy efficiency along with improved wastewater treatment.NDEP: Environmental BenefitsOther benefitsPrevention of further deterioration of municipal systems and services and associated adverse environmental and social impactsTransfer of modern project and investment planning, financing and management skillsParadigm shift from budgetary funding to self-financing through full cost recoverySt Petersburg Neva Program € 186.9mNDEP: St Petersburg – a success storyFor more on NDEP...Please contact:Jaakko Henttonen, NDEP Fund DirectorEBRD RO, Nevsky Prospekt 25, St PetersburgTel. +7 812 7035531; Fax: +7 812 703 55 26Email: henttonj@ebrd.comOREwa Manik, Fund Implementation AnalystEBRD, One Exchange Square, London EC2A 2JNTel. +44 207 338 7196, fax +44 207 338 7486Email: manike@ebrd.comOr visit: www.ndep.orgwww.ebrd.comwww.nib.intwww.nefco.orgNew EBRD digital slides