01955nas a2200217   4500008004100000245012200041210006900163260001200232300000900244490000700253520118700260653002001447653003801467653002301505653001101528653005001539653002501589100002301614700001801637856008201655       2025                        eng d00aContributing to territorial cohesion by EU cohesion policy financial instrument? The JESSICA implementation in Poland0 aContributing to territorial cohesion by EU cohesion policy finan  c09/2025  a10230 v333 aThe paper examines the territorial distribution of the JESSICA funding support (Joint European Support for Sustainable Investment in City Areas), a financial engineering instrument of EU Cohesion Policy among Polish cities. It addresses an existing gap in the literature and provides an analysis of a spatial distribution of repayable assistance, which is absent in CP studies. The study i) provides a comprehensive overview of the spatial distribution of the JESSICA funding across cities within particular regions, focusing on smaller cities regarded as secondary territorial cohesion cities (ScTCC) that should play an important role in territorialized development policy; (ii) assesses to what extent the JESSICA projects in SCTCC fit in with spatial-functional arrangements laid down in the regional spatial management plans; (iii) determines factors of the attractiveness of ScTCC as the JESSICA beneficiaries. Results confirm that ScTCC have enough capacities to implement revolving instrument projects, outperformed the capital cities in implementing the JESSICA projects, and are important but under-researched and under-represented actors of the urban and cohesion policy.10acohesion policy10afinancial engineering instruments10aJESSICA initiative10aPoland10asecondary territorial cohesion cities (ScTCC)10aterritorial cohesion1 aMusiałkowska, Ida1 aIdczak, Piotr  uhttps://www.tandfonline.com/doi/full/10.1080/09654313.2025.2550988?src=exp-la01633nas a2200217   4500008004100000022001400041245008200055210007300137260001200210300001200222490001200234520092200246653003801168653002301206653001701229653003401246100001801280700002301298700001801321856007601339       2019                        eng d  a0079-349300aZdolność projektów JESSICA do oddziaływania na procesy rynkowe w miastach0 aZdolność projektów JESSICA do oddziaływania na procesy rynkowe w  c10/2019  a202-2220 v273/2743 a<p style="text-align: justify;">JESSICA initiative as a financial engineering instrument was introduced to enhance and accelerate investments in disadvantaged urban areas. The novel aspect of JESSICA is that this instrument should not only support and promote sustainable urban development but also provide incentives that lower risk capital investments and consequently allow to overcome existing market failures. Thus, the paper aims to identify whether JESSICA projects have contributed to generating positive market effects, as well as to indicate the factors that were most responsible for the occurrence of these phenomena. The results show that 75% out of all projects generated positive market effects in form of new jobs, services or products. The generation of revenues by particular project was the most influential factor determining the capacity of a given project to create positive markets effects.</p>10afinancial engineering instruments10aJESSICA initiative10aregeneration10asustainable urban development1 aIdczak, Piotr1 aMusiałkowska, Ida1 aMrozik, Karol  uhttp://journals.pan.pl/dlibra/publication/131028/edition/114442/content01668nas a2200217   4500008004100000020002200041022001400063245012500077210007000202260001200272300001200284490000800296520092800304653003801232653001201270653001701282653003401299100002301333700001801356856007601374       2018                        eng d  a978-83-63563-51-6  a0079-349300aOcena dopasowania projektów realizowanych w ramach inicjatywy Jessica do potrzeb występujących na obszarach miejskich0 aOcena dopasowania projektów realizowanych w ramach inicjatywy Je  c11/2018  a233-2460 v1843 a<p style="text-align: justify;">Regeneration – an integrated process of activities undertaken in the spatial, social and economic dimensions should lead to the improvement of the living conditions of inhabitants of degraded urban areas. The European Union in 2007-2013 allocated financial resources for this purpose in the form of JESSICA initiative which is based on financial engineering mechanism. Experiences gained so far allow conclusions to be drawn that JESSICA is a highly financially-efficient instrument but, however, not always delivers the desired outcomes in the spatial and social sphere. The scope of projects often is limited to infrastructural investments and does not reflect the complexity of regeneration process. In the article the authors analyse experiences of the five Polish regions with the use of JESSICA, point out main problems and formulate recommendations for sustainable urban policy.</p>10afinancial engineering instruments10aJESSICA10aregeneration10asustainable urban development1 aMusiałkowska, Ida1 aIdczak, Piotr  uhttp://journals.pan.pl/dlibra/publication/125745/edition/109724/content