natgillin/translations-raw huggingface dataset:
The use of such a scoreboard should allow for the efficient implementation of the EFSI while ensuring high quality appraisal standards.
Uporaba takšne preglednice bi morala omogočati učinkovito izvajanje EFSI, ob tem pa zagotavljati standarde ocenjevanja visoke kakovosti.
The scoreboard of indicators should be used to ensure that the EU guarantee is directed towards projects with higher added value.
Preglednica kazalnikov bi se morala uporabljati za zagotavljanje, da je jamstvo EU usmerjeno v projekte z višjo dodano vrednostjo.
Where the EIB governing bodies decide to revise the EIB's 3PVA, the Commission and the EIB should promptly examine the need to review and amend, where necessary, the scoreboard of indicators in light of the revised 3PVA,
Če se vodstveni organi EIB odločijo spremeniti okvir 3PVA, bi morala Komisija in EIB čim prej preučiti, ali je treba zaradi sprememb navedenega okvira ocenjevanja pregledati in po potrebi spremeniti preglednico kazalnikov –
A scoreboard of indicators, referred to in Article 7 of Regulation (EU) 2015/1017, to be used by the Investment Committee of the EFSI to ensure an independent and transparent assessment of the potential and actual use of the EU guarantee is set out in the Annex to this Regulation.
Preglednica kazalnikov iz člena 7 Uredbe (EU) 2015/1017, ki jo mora uporabljati naložbeni odbor EFSI, da se zagotovi neodvisno in pregledno ocenjevanje potencialne in dejanske uporabe jamstva EU, je določena v prilogi k tej uredbi.
OJ L 169, 1.7.2015, p. 1.
UL L 169, 1.7.2015, str. 1.
Scoreboard of indicators
Preglednica kazalnikov
A scoreboard of indicators (the ‘Scoreboard’) shall be used by the Investment Committee established in accordance with paragraphs (7) to (12) of Article 7 of Regulation (EU) 2015/1017 to assess the value added of an operation to be potentially supported by the EIB under the EU guarantee [1].
Preglednico kazalnikov (v nadaljnjem besedilu: preglednica) uporablja naložbeni odbor, ustanovljen v skladu z odstavki (7) do (12) člena 7 Uredbe (EU) 2015/1017, za ocenjevanje dodane vrednosti projektov, ki bi jih lahko podprla EIB na podlagi jamstva EU [1].
It will be a tool for the investment committee to prioritise the use of the EU guarantee for operations that display higher scores and added value.
Preglednica bo orodje, s pomočjo katerega bo naložbeni odbor določil prednostni vrstni red projektov za uporabo jamstva EU glede na dobljene rezultate in dodano vrednost.
The EIB shall calculate the scores and indicators ex ante and monitor the results at project completion.
EIB rezultate in kazalnike izračuna vnaprej in jih preveri na koncu projekta.
The Investment Committee shall receive the scores obtained under the relevant pillars and the value of each indicator.
Naložbenemu odboru se predložijo rezultati, pridobljeni v okviru zadevnega stebra, in vrednosti posameznih kazalnikov.
The Scoreboard has four Pillars:
Preglednico sestavljajo štirje stebri:
Pillar 1 — Contribution to EFSI policy objectives
Prvi steber: Prispevek k ciljem politike EFSI
Pillar 2 — Quality and Soundness of the project
drugi steber – kakovost in zanesljivost projekta,
Pillar 3 — Technical and financial contribution
tretji steber – tehnični in finančni prispevek,
Pillar 4 — Complementary indicators
Četrti steber – dopolnilni kazalniki
Due to their distinct scope, each pillar shall be assessed individually without aggregation into one single rating.
Zaradi različnih področij uporabe se vsak steber ocenjuje posamično brez združevanja v eno samo oceno.
The Investment Committee shall assign equal importance to each pillar, when prioritising projects irrespective of whether the individual pillar presents a numerical score or whether it is composed of unscored qualitative and quantitative indicators.
Naložbeni odbor pri določanju prednostnega vrstnega reda projektov vsakemu stebru pripiše enako pomembnost ne glede na to, ali je za posamezen steber podan numerični rezultat ali pa je sestavljen iz netočkovanih kvalitativnih in kvantitativnih kazalnikov.
In accordance with Article 7(14) of the EFSI Regulation, this scoreboard is to be used by the Investment Committee to ensure an independent and transparent assessment of the potential and actual use of the EU guarantee.
V skladu s členom 7(14) uredbe o EFSI mora naložbeni odbor to preglednico uporabljati za zagotavljanje neodvisne in pregledne ocene potencialne in dejanske uporabe jamstva EU.
This is without prejudice, and complementary, to the examination of potential projects by the Investment Committee under Article 7(7) of the EFSI Regulation.
To ne posega v preučitev potencialnih projektov s strani naložbenega odbora v skladu s členom 7(7) uredbe o EFSI, ampak ga dopolnjuje.
The Scoreboard
Preglednica
Each EFSI operation shall be rated on each of the 4 pillars.
Pri vsakem projektu EFSI se ocenjujejo vsi štirje stebri.
The rating is calculated on the basis of the points obtained on a number of indicators within each pillar, using the following scale:
Ocena se izračuna na podlagi točk, pridobljenih pri vrsti različnih kazalnikov znotraj vsakega stebra, pri čemer se uporablja naslednja lestvica:
Pillar 2 rating
Ocena za drugi steber (kakovost in zanesljivost)
Pillar 1 and 3 rating
Ocena za prvi in tretji steber (prispevek)
Marginal
na meji
Low
majhen
Acceptable
sprejemljiva
Moderate
zmeren
Good
dobra
Significant
znaten
Excellent
odlična
High
velik
Pillar 4 will include complementary indicators of a quantitative or qualitative nature and will not be consolidated in an individual rating.
Četrti steber bo vseboval dopolnilne kvantitativne in kvalitativne kazalnike, ki se ne bodo združili v skupno oceno za steber.
Pillar 1 shall assess the consistency with and the contribution of the operation to the realisation of the EFSI general objectives as set out in Article 9(2) of Regulation (EU) 2015/1017.
V prvem stebru se oceni skladnost projekta s splošnimi cilji EFSI in prispevek k njihovemu uresničevanju, kot je določeno v členu 9(2) Uredbe (EU) 2015/1017.
The methodology to assess the overall Pillar 1 rating shall be based on the contribution of the operation ranging from ‘low’, ‘moderate’, ‘significant’ to ‘high’.
Metodologija za skupno oceno prvega stebra temelji na prispevku projekta, ki je lahko „majhen“, „zmeren“, „znaten“ ali „velik“.
The assessment builds on the following dimensions:
Ocena temelji na naslednjih dimenzijah:
Projects with a low policy priority, such as a ‘non-priority’ road TEN, shall receive a low rating.
Projekti na teh ključnih področjih politike bi napredovali za eno stopnjo na ocenjevalni lestvici.
Article 9(2) of Regulation (EU) 2015/1017, for each of the general policy objectives, identifies a number of key policy areas, which are considered to be of particular importance.
Projekti, ki izpolnjujejo več ciljev, vključno s horizontalnimi, kot so projekti na področju kohezije ali podnebja, se bodo pomaknili višje po ocenjevalni lestvici.
Projects in these key policy areas would move up one notch in the rating scale.
Uporablja se en kazalnik s štiristopenjsko ocenjevalno lestvico.
Specific features of the project leading to particularly high contribution such as demonstration projects or projects that provide a major contribution to Europe 2020 objectives shall also be considered in the rating.
Pri izračunu skupne ocene se dodeli do 50 točk za vsako stopnjo na ocenjevalni lestvici.
Projects that meet multiple objectives, including horizontal ones such as cohesion and climate, will move up additional rating notches.
Ko se točke seštejejo (brez ponderiranja), se projekt oz. njegov prispevek nato razvrsti kot „majhen“ (manj kot 50 točk), „zmeren“ (od 50 do 99 točk), „znaten“ (od 100 do 149 točk) ali „velik“ (150 točk in več).
A single indicator with four rating levels shall be used.
Drugi steber – kakovost in zanesljivost projekta
To calculate the overall rating, up to 50 points are allocated for each rating notch.
Drugi steber sestavlja vrsta kazalnikov za oceno kakovosti in zanesljivosti projekta.
When added together (without weighting), the project is then categorised as ‘low’ (less than 50 points), ‘moderate’ (50 to 99 points), ‘significant’ (100 to 149 points) to ‘high’ (150 points and above).
Drugačen pristop je določen za naložbe v posamezne projekte ali za naložbe, financirane s posredniškimi posojili, namenjenimi več upravičencem.
Pillar 2 — Quality and soundness of the project
Za ocenjevanje posameznih projektov so predvidene naslednje dimenzije in iz njih izhajajoči kazalniki: —
Pillar 2 is built up from a number of indicators to evaluate the quality and soundness of the operation.
Rast (prvi kazalnik – ima lahko od 0 do 100 točk) prispevek projekta k trajnostni rasti izhaja iz njegovih socialno-ekonomskih učinkov v smislu stroškov in koristi.
A different approach is outlined for investments in individual projects or for those made through multi-beneficiary intermediated loans.
Kadar je mogoče, se ekonomska stopnja donosa (ESD) kvantitativno opredeli z uporabo najboljših praks iz ekonomske stroke.
The following dimensions and resulting indicators are foreseen are to be applied in assessing ‘individual projects’:
Pri oceni se upoštevajo socialno-ekonomski stroški in koristi projekta, vključno z učinki prelivanja (npr. pozitivni učinki raziskav, razvoja in inovacij, dolgoročne koristi za podnebje ali učinki na trg dela oziroma negativni učinki na okolje).
‘Growth’ (indicator 1 — ranging between 0 and 100 points): The contribution of a project to sustainable growth comes from its socioeconomic impact in terms of costs and benefits.
Vendar pa obstajajo tudi projekti, pri katerih je težko oceniti ESD.
Where possible the economic rate of return (‘ERR’) is quantified using best practice in the economics profession.
Na primer, številni sektorji delujejo na podlagi skladnosti s standardi EU in glavni cilj je zagotoviti, da se uporabi najcenejša rešitev, namesto da se oceni splošna ekonomska donosnost (primer sta čiščenje vode in ravnanje z odpadki).
It considers the project's socioeconomic costs and benefits, including its spillover effects (e.g. positive Research, Development and Innovation, long term climate benefits or impact on the labour market or negative environmental effects).
Za te sektorje ocena kakovosti temelji na referenčnih vrednosti za sektor.
However, there are also projects whose ERR is difficult to estimate.
Za okvirna posojila za financiranje skupine projektov ocena temelji pretežno na naložbeni strategiji in merilih, ki jih uporablja nosilec projekta (tj. prejemnik takega okvirnega posojila).
For example, a number of sectors are driven by compliance with EU standards and the primary issue is to ensure that a least cost solution is adopted rather than to assess the overall economic return (an example is water and waste treatment).
Na splošno znaša minimalna stopnja donosnosti za financiranje EIB 5 %.
For these sectors the assessment of quality is based upon sector benchmarks.
Za standardne projekte je ESD v višini 5–7 % „sprejemljiva“, v višini 7–10 % „dobra“, ESD nad 10 % pa se šteje za „odlično“.
For operations grouping framework loans the assessment is based predominantly on the investment strategy and criteria used by the promoter.
Kljub temu klasifikacija rezultatov temelji tudi na nekaterih dejavnikih, značilnih za posamezne sektorje.
In general, the required hurdle rate of return for EIB financing is 5 %.
Sektorji, ki trenutno veljajo za manj okoljsko vzdržne (kot so nekatere vrste prevoza) bi bili financirani samo, če se štejejo za „dobre“ z ekonomskega vidika, kar pomeni najmanj 7-odstotno ESD.
For a standard project an ERR of 5-7 % is considered ‘acceptable’, 7-10 % ‘good’, while a project with an ERR above 10 % is considered ‘excellent’.
Nasprotno se za izbrane projekte z dolgoročnimi koristmi za podnebje šteje, da so primerni za financiranje, če imajo ESD v razponu od 3,5 % do 5 %, pri čemer se uvede kategorija „na meji“.
However, the classification of results is also based upon some sectorial considerations.
Ocena pri projektih zasebnega sektorja je zaradi njihovega profila tveganj in donosa „na meji“ za stopnje donosa v višini 5–7 %, „sprejemljiva“ za stopnje v višini 7–10 %, „dobra“ za stopnje v višini 10–15 % in „odlična“ za stopnje donosa, ki so višje od 15 %.
Those sectors currently considered being less environmentally sustainable (such as certain transport modes) would only be financed if they are considered ‘good’ from an economic interest point of view, meaning a minimum ERR of 7 %.
ESD se izračuna tako, da se v celoti upoštevajo pozitivni in negativni zunanji učinki, vključno na vidike v zvezi z okoljskimi in podnebnimi spremembami.
Conversely, for selected projects with long-term climate benefits, projects shall be considered possible for financing if they produce an ERR in the 3,5-5 % range — with the introduction of a ‘marginal’ category.
Usmerjevalni odbor lahko prilagodi minimalno stopnjo donosnosti, če obstajajo dokazi, da ni ekonomsko upravičena, pri tem pa upošteva tudi dolgoročne gospodarske razmere. —
The rating attributed to private sector projects, due to their risk-return profile, is set at ‘marginal’ for a rate of return of 5-7 %, ‘acceptable’ for 7-10 %, ‘good’ for 10-15 %, and ‘excellent’ for ERRs above 15 %.
To je zlasti pomembno za okvirna posojila, pri katerih se ocenijo merila za prednostno razvrstitev, zmogljivost/zmožnost izvajanja in nadzora ter sistemi za spremljanje in nadzor, kot tudi upravljanje zahtev v zvezi z okoljem, konkurenco in javnimi naročili. —
The ERR shall be calculated taking fully into account positive and negative externalities, including on environmental and climate change aspects.
Vzdržnost (tretji kazalnik – ima lahko od 0 do 30 točk) standardi EIB zahtevajo, da so projekti poleg ekonomske uspešnosti in s tem spodbujanja rasti tudi čim bolj vzdržni z okoljskega in socialnega vidika.
The hurdle rate may be adjusted by the Steering Board if there is evidence of it being out of line with its economically justifiable level and taking into account the long term economic situation.
Bistveno je, da se ohranijo visoki okoljski in socialni standardi.
This is particularly important for framework loans, where prioritisation criteria, project implementation and control capacity/capability and monitoring and control systems shall be assessed, as well as management of environmental, competition and public procurement requirements.
Zaposlovanje zaradi gradnje se oceni z uporabo koeficientov, značilnih za sektor.
‘Sustainability’ (indicator 3 — ranging between 0 and 30 points): The EIB standards require that projects not only are economically viable and thus contribute to growth, but also that they are sustainable in environmental and social terms.
Zaposlovanje med obratovanjem se oceni s presojo, ki jo opravijo projektni analitiki na podlagi primerjave projekta z izkušnjami v sektorju.
It is critical that high environmental and social standards are maintained.
Spodnja razpredelnica povzema razdelitev ocene na zaposlovanje med gradnjo in zaposlovanje med obratovanjem.
These are assessed through the detailed guidelines set out in the Environmental and Social Practices Handbook [2].
Na primer, projekti, pri katerih je intenzivnost dela med gradnjo visoka, vključujejo nekatera javna dela (zlasti razpršena sanacijska dela), dejavnosti v zvezi energetsko učinkovitostjo in gozdarstvo.
‘Employment’ (indicator 4 — ranging between 0 and 40 points): The employment indicator covers employment during construction and during operation.
Višja zaposlenost med obratovanjem je značilna za nekatere industrijske projekte.
The employment needed during construction is estimated using industry specific coefficients.
ZAPOSLOVANJE
The assessment of employment during operation is to be achieved through judgement by the project analysts comparing the project with sector experience.
1 točka
The following table summarises the rating split between employment during construction as well employment during operation.
20 točk
For example, projects with high labour content during construction include some civil works (notably dispersed rehabilitation works), energy efficiency, and forestry.
40 točk
Higher employment during operation is associated with some industrial projects.
Ekvivalent polnega delovnega časa med gradnjo (na 1 milijon EUR investicijskih stroškov)
Employment
Ekvivalent polnega delovnega časa med obratovanjem (na 1 milijon EUR investicijskih stroškov)
1 point
Skupna ocena drugega stebra za posamezne projekte se izračuna s seštetjem točk iz štirih zgoraj navedenih podkategorij, dobljeni rezultat pa je lahko „na meji“ (manj kot 50 točk), „sprejemljiva“ (od 50 do 99 točk), „dobra“ (od 100 do 149 točk) ali „odlična“ (150 točk in več).
20 points
Kar zadeva posredniška posojila, namenjena več upravičencem, se z drugim stebrom zagotovi ocena zmogljivosti in učinkovitosti finančnih in drugih subjektov (vključno s spodbujevalnimi institucijami), da delujejo kot posredniki.
40 points
Ocenjevanje temelji na naslednjih 3 neodvisnih kazalnikih:
Full time equivalent during construction (per EUR million investment cost)
zmogljivost in zanesljivost posrednika ter kakovost delovnega okolja,
Full time equivalent during operation (per EUR million investment cost)
zaposlovanje na ravni končnih upravičencev.
The overall pillar 2 rating for individual projects shall be calculated by adding up the points of the four sub-categories outlined above to give an overall rating for the project ranging from ‘marginal’ (less than 50 points), ‘acceptable’ (50 to 99 points), ‘good’ (100 to 149 points) to ‘excellent’ (150 points and above).
Tretji steber: Tehnični in finančni prispevek k projektu
As regards ‘Multi Beneficiary Intermediated Loans (MBIL)’, Pillar 2 shall provide an assessment of the capacity and effectiveness of financial and other entities (including promotional institutions) to act as intermediaries.
Tretji steber se osredotoča na vrednost, ki jo predstavljata sodelovanje EIB in podpora iz samega EFSI, ki ponujata finančne in nefinančne koristi v podporo projektu.
The evaluation is based on the following 3 independent indicators:
Ta specifični prispevek se oceni prek treh kazalnikov, od katerih vsak meri dopolnjujoče se razsežnosti dodane vrednosti:
Capacity and soundness of the intermediary and quality of the operating environment.
finančni prispevek, tj. izboljšanje pogojev financiranja nasprotne stranke v primerjavi z alternativnimi viri financiranja (zmanjšanje obrestnih mer in/ali daljše zapadlosti posojil),
Increasing access to finance and improving financing conditions, including for the final beneficiaries.
spodbujanje financiranja, tj. povečanje učinkovitosti podpore drugih deležnikov, izkoriščanje virov tretjih oseb, zlasti iz zasebnega sektorja, in obveščanje drugih posojilodajalcev o učinkih,
Employment at the level of final beneficiaries.
prispevek in svetovanje EIB, tj. zagotavljanje nefinančnih storitev v obliki strokovnih prispevkov/prenosa znanja za lažje izvajanje projektov ter povečanje institucionalnih zmogljivosti kot tudi svetovanje pri finančnem strukturiranju.
The points given to the indicators in each category are added together without weighting to give an overall rating for the project from ‘marginal’ (less than 50 points), ‘acceptable’ (50 to 99 points), ‘good’ (100 to 149 points) to ‘excellent’ (150 points and above).
To bi se lahko zagotovilo v okviru Evropskega svetovalnega vozlišča za naložbe in vseh drugih obstoječih svetovalnih organov, kot so JASPERS, ELENA ali Innovfin Advisory iz programa Obzorje 2020, ali z drugimi ustreznimi sredstvi, kot so podpora pri izvajanju projektov.
Pillar 3 — Technical and financial contribution to the project
Vsak kazalnik se oceni neodvisno z uporabo dosledne in dobro dokumentirane obstoječe metodologije EIB, ki se lahko občasno spremeni in dopolni.
Pillar 3 focuses on the value originated by the involvement of EIB and the support from EFSI itself, offering financial and non-financial benefits in support of the project.
Tako kot pri prvem stebru se ocena prispevka giblje med „majhen“ in „velik“.
This specific contribution is assessed through three indicators, each measuring complementary dimensions of value added:
Točke, dodeljene vsakemu kazalniku, se seštejejo brez ponderiranja, da se dobi skupna ocena prispevka projekta v okviru tega stebra, ki je lahko„majhen“ (manj kot 50 točk), „zmeren“ (od 50 do 99 točk), „znaten“ (od 100 do 149 točk) ali „velik“ (150 točk in več).
‘Financial Contribution’, i.e. improving the counterpart's funding terms compared to alternative sources of finance (interest rate reduction and/or longer lending tenor).
Preglednica se dopolni z naslednjimi kazalniki, ki jih je treba poročati za vsak projekt, tako da so zajeti ključni horizontalni vidiki operacij EIB v okviru EFSI:
‘Financial Facilitation’, i.e. increasing the efficiency of other stakeholder support; leveraging third-party resources in particular from private sector; signalling effects for other lenders).
dodatnost: določi se, ali je projekt posebna dejavnost ali običajen projekt.
‘EIB Contribution and Advice’, i.e. providing non-financial services in the form of expert input/knowledge transfer to facilitate project implementation and to enhance institutional capacity as well as to advise on financial structuring.
Pri običajnih projektih bo podana nadaljnja razlaga za upravičenost dodatnosti, kot je opredeljeno v členu 5 Uredbe (EU) 2015/1017,
This could be provided under the European Investment Advisory Hub and any other existing advisory facility such as JASPERS, ELENA or Horizon 2020 Innovfin Advisory or through other appropriate means such as project implementation support.
niz kazalnikov, povezanih z makroekonomskim okoljem, v katerem se izvaja projekt, kar članom naložbenega odbora med drugim omogoča oceno potencialnega učinka na ekonomske razlike v Uniji ter na dolgoročni potencial za rast: (i) kazalniki, specifični za naložbo, (ii) proizvodna vrzel, izračunana na podlagi metodologije produkcijske funkcije, ki jo je odobril Svet Ecofin, (iii) potencialna rast BDP; (iv) kazalniki, specifični za brezposelnost: stopnja brezposelnosti, sprememba stopnje brezposelnosti med posameznimi leti in primerjava s povprečjem EU, in (v) kazalnik skupnih stroškov izposojanja za nefinančne družbe ali, če ta ni na voljo, bančne obrestne mere za nefinančne družbe.
Each indicator shall be independently rated using the consistent and well-documented existing methodology of the EIB, as may be amended from time to time.
Glede na te kazalnike naložbeni odbor posebno pozornost nameni projektom, ki pomagajo pri odpravljanju ekonomskih razlik v Uniji,
As with Pillar 1, the rating shall range from ‘low’ to ‘high’.
pričakovani multiplikacijski učinek vključenosti EFSI,
The points attributed to each indicator are summed without weighting to give the overall rating for this pillar for the project from ‘low’ (less than 50 points), ‘moderate’ (50 to 99 points), ‘significant’ (100 to 149 points) to ‘high’ (150 points and above).
znesek mobiliziranih zasebnih sredstev,
The Scoreboard shall be complemented by the following indicators to be reported for each operation so as to capture key cross-cutting aspects of EIB operations under EFSI: Additionality.
sodelovanje z nacionalnimi spodbujevalnimi bankami in podpora naložbenim platformam,
It shall be specified whether the operation is a special activity or a normal operation.
sofinanciranje z evropskimi strukturnimi in investicijskimi skladi,
For normal operations, further explanation will be provided justifying additionality as defined in Article 5 of Regulation (EU) 2015/1017;
sofinanciranje z drugimi instrumenti EU (tj. program Obzorje 2020, Instrument za povezovanje Evrope itd.),