Investment Compact Beitrag 2010



Contract partner: Organisation for Economic Co-Operation and Development / Development Assistance Committee Country: Europa, regional/länderübergreifend Funding amount: € 200.000,00 Project start: 01.01.2010 End: 31.12.2010

Short Description:

Overall goal


The Investment Compact is an initiative under the Stability Pact for South East Europe.

It is a regional programme designed to improve the investment environment and encourage private sector development in SEE. This region includes Albania, Bosnia Herzegovina, Bulgaria, Croatia, FYR Macedonia, Moldova, Montenegro, Romania, Serbia and Kosovo.

The Investment Compact promotes policy reform and implementation in SEE. It promotes shared policy commitments in the whole region and delivers practical tools such as the Investment Reform Index (IRI), which uses collaborative benchmarking to evaluate where countries stand on investment reform. The Investment Compact also supports the design and implementation of policies through regional and country-specific advisory projects that address the most important weaknesses identified by the IRI.


The importance Austria attaches to the Investment Compact is stressed by its long-lasting engagement. Furthermore, Austria, represented by the Ministry of Economy, Family and Youth, is co-chairing the Investment Compact which ensures participation in strategic and policy matters of the Investment Compact.


By 2010 the Investment Compact will cede its agenda to the RCC (Regional Cooperation Council).

project number 7905-03/2010
source of funding OEZA
sector Geschäftwesen und andere Leistungen
tied
modality
marker
  • Policy marker: are used to identify, assess and facilitate the monitoring of activities in support of policy objectives concerning gender equality, aid to environment, participatory development/good governance, trade development and reproductive, maternal, newborn and child health. Activities targeting the objectives of the Rio Conventions include the identification of biodiversity, climate change mitigation, climate change adaptation, and desertification.
    • 1= policy is a significant objective of the activity
    • 2= policy is the principal objective of the activity
  • Donor/ source of funding: The ADA is not only implementing projects and programmes of the Austrian Development Cooperation , but also projects funded from other sources and donors such as
    • AKF - Foreign Disaster Fund of the Austrian federal government
    • BMLFUW - Federal Ministry for Agriculture, Forestry, Environment and Water
    • EU - Funds of the European Commission
    • Others - various other donors are listed in ADA’s annual business report.
  • Type of Aid – Aid modalities: classifies transfers from the donor to the first recipient of funds such as budget support, core contributions and pooled programmes and funds to CSOs and multilateral organisations, project-type interventions, experts and other technical assistance, scholarships and student costs in donor countries, debt relief, administrative costs and other in-donor expenditures.
  • Purpose/ sector code: classifies the specific area of the recipient’s economic or social structure, funded by a bilateral contribution.
  • Tied/Untied: Untied aid is defined as loans and grants whose proceeds are fully and freely available to finance procurement from all OECD countries and substantially all developing countries. Transactions are considered tied unless the donor has, at the time of the aid offer, clearly specified a range of countries eligible for procurement which meets the tests for “untied” aid.