The National Fund for Environmental Protection and Water Management
Financing
environmental protection:
Polish experience
Marcin Jamiołkowski
SMART GREEN BUSINESS FORUM
Astana, May 21st 2014
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Agenda
Brief history
System
National Fund
Priorities
Results
Polish system = model solution
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Brief history…
1989:
Political transformation
"Round Table Agreement"
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System
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System - financing
ENVIRONMENTAL
PROTECTION
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System - relations
Env. Protection Law
Environmental
charges & fines
Local
Self-Government
16 Regional
Funds
ENVIRONMENTAL
PROJECTS
Enterprises
State budget
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National Fund
Established in 1989
Legal personality
550 staff (>200 engineers)
Worldwide unique solution
25 years experience
in financing of environmental protection
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National Fund’s Strengths
Highly qualified
personnel & centre for
excellence
Long term strategy
& flexibilty
Extensive experience
in administration of
foreign funds
Revolving
financing system
Close cooperation with
the EU authorities
and international financial
organizations
Experience in use of
financial tools
including cooperation with
commercial banks
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National Fund – revenue structure (2012)
Substitution fees and fines
resulting from the Energy Law
Fees resulting
from the Act on recycling
of end-of-life vehicles
31%
15%
Other contributions
and fees
0,6%
Utility fees and
concession fees
10%
Other revenues
12%
Revenues from the sale
of the allocated GHG units
14%
Subsidies from
the State budget
0,4%
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Fees and penalties
for the use of environment
(Environmental Protection Law)
17%
Funds disburstments
Total: EUR 12,75 billion
900
EUR million
800
State funds: EUR 8,05 billion
700
EU funds:
EUR 4,70 billion
600
500
400
300
200
100
0
1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013
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Financial engineering
Revolving funds
Financial leverage
Synergy of actions
Market stimulation
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Portfolio
Grants
Loans (investment, bridge)
Interest rate subsidies
Capital investments & equity
Interest rate or bonds price redemption subsidies
Partial repayment of bank loan capital
Partial loan redemption
Project finance
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Beneficiaries
Municipalities
Public institutions
Enterprises
NGOs
Households
Other
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Priorities
20 Priority Programmes in 5 areas
Protection
&
management of
water resources
Multi-area Programmes
(e.g. eco-innovations)
Land protection
&
Waste management
Atmosphere protection
Biodiversity & ecosystems
protection
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Selected results
Ecological effects*
unit of measure
years 1990-2010
m3/day
9 million
km
300 thous.
Waste mass recycled
tons/year
1,7 million
Reduction of CO2 emission
tons/year
10 million
Increase of sewage
treatment plant capacity
Sewerage system
*Cumulative effects from the projects financed by the National Fund & Regional Funds
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GDP vs CO2 emission & energy cons.
250
%
200
150
GDP
CO2 emission
Energy consumption
100
50
0
1988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012
Source: Prof. Maciej Nowicki (2014). ‘25 Years of environmental protection in democratic Poland’
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Sewage treatment (1998 – 2012)
Treated effluents
Biologically
Chemically
Mechanically
Untreated sewage
Source: Prof. Maciej Nowicki (2014). ‘25 Years of environmental protection in democratic Poland’
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Wastes generated & landfilled (1988 – 2012)
Wastes generated
Wastes landfilled
Source: Prof. Maciej Nowicki (2014). ‘25 Years of environmental protection in democratic Poland’
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Projects’ examples
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Cleaner water for Warsaw
‘Peewit’ wastewater treatment plant
Strategic goals:
- proper quality of drinking water
-100% treatment of municipal wastewater
Eligible costs - EUR 750 million
Support: EUR 410 million
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Cleaner Air
‘Łagisza’ Power Plant
NFEP&WM co-finansed
building of the world’s first energy block with
a once-through combustion boiler CFB for
supercritical steam parameters (275 bars, 580ºC)
Total investment cost - EUR 460 million
Support – EUR 86 million
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Conclusions
RENEWABLE
SOURCE
OF FINANCING
FLEXIBLE
&
EFFICIENT
BENEFICIARY
FRIENDLY
UNIQUE
SOLUTION
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Thank you!
Marcin Jamiołkowski
[email protected]
Industrial Project Department
NFEP&WM
www.nfosigw.gov.pl
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