Methodology for establishing environmental proofing of investments funded under the InvestEU programme : case study report : accompanying the draft technical support document

This report presents the findings of testing the technical support guidance document for the environmental proofing of projects that may be funded by the InvestEU Programme. The objective was to highlight the value-added of the proposed approach for environmental proofing compared to existing practices, while considering its operational feasibility (i.e. the ease of application by those implementing partners with no or little experience with the assessment of environmental impacts of projects) and any administrative burden or time delay this may cause. For each one of the nine case studies developed, the report presents a description of the assessment process and the information it provides. This covers the analysis undertaken in relation to: - The Commission Guide to Cost-Benefit Analysis of Investment Projects and any other relevant guidance from the Commission, the European Investment Bank or other relevant InvestEU implementing partner; - Corporate environment accounting; - The Environment Impact Assessment or Strategic Environmental Assessment Directive procedures; - Climate proofing undertaken (not main focus of the study); - Social analysis undertaken (not main focus of the study).