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The main objective of the Handbook for Appraisal of Environmental Projects Financed from Public Funds is to provide domestic institutions managing public environmental expenditure in the CEE/EECCA regions with practical step-by-step guidance for sound identification, appraisal, and financing of priority environmental investment projects. The Handbook does not deliver a complete, "ready-to-use" toolkit that could be directly applied by any environmental financing institution. Its intention rather is to provide a structure and a check-list for conducting the project cycle in the right way. The Handbook focuses on appraising investment projects in the wastewater collection and treatment sector. It is tailored to the perspective of the public financier, not the project promoter, hence, it does not deal with project preparation and development.
Apart from aiming to help managers of public environmental expenditure with the appraisal of environmental investment projects, the Handbook also seeks to provide Governments, and Ministries of Environment, in particular, with the right framework for designing public environmental expenditure programmes and for supervising implementing agencies. Consultants and managers of technical assistance programmes could also find this Handbook useful in designing and implementing institutional strengthening and training projects in the field of public environmental expenditure management.
The Handbook extracts the best available tools and practices by using hands-on expertise of internationally-recognised government authorities and financing agencies from both CEE and OECD countries. The project was implemented through a co-operative effort of a team of international experts with practical experience in project appraisal and financing. The project partners include representatives of the Polish National Fund for Environmental Protection and Water Management, the Polish EcoFund, the Slovenian Environmental Development Fund and the Austrian Federal Ministry of Agriculture, Forestry, Environment and Water Management.
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