15 Amendments of Marco VALLI related to 2018/2161(INI)
Amendment 5 #
Motion for a resolution
Recital A
Recital A
A. whereas the EIB’s primary purpose is to provide long-term finance and expertise for projects and to leverage additional investment to help achieve the EU’s objectives, for example lasting and sustainable economic growth, effective support for SMEs, and ambitious environmental and social policies;
Amendment 27 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Highlights the importance of the EIB in laying the foundations for long-term growth, which is demonstrated bysustainable growth; notes the fact that, according to the EIB’s economist, EIB Group lending within the EU approved in the period 2015-2016 will support EUR 544 billion in investment, add 2.3 % to GDP and create 2.25 million jobs by 2020;
Amendment 34 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Recognises the EIB’s responsibility to intervene when there are specific market failures, such as the financial crisis and difficulties in accessing finance for SMEs and innovators; applauds the succestakes note of the activities of the European Fund for Strategic Investments (EFSI), under which 898 operations have been approved and which is expected to trigger EUR 335 billion in investment across the 28 EU Member States;
Amendment 41 #
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Maintains that the EIB should ensure that local communities and citizens affected by its operations are properly consulted and have access to an independent, efficient complaint procedure;
Amendment 67 #
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Maintains that no support in any form should be granted for projects relating to highly polluting technologies and fossil fuels;
Amendment 78 #
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Maintains that it is important that projects to be financed or co-financed by the EIB should be compatible with national climate targets linked to the implementation of COP 21;
Amendment 83 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Highlights the EIB’s support for safe and efficient infrastructure for energy supply, transport and urban areas, signingTakes note of the EIB loans worth EUR 18 billion to support itsin the infrastructure policy goal and providingsector and of the fact that more than EUR 22 billion in urban lending was provided in 2017;
Amendment 84 #
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8a. Points in this context to the importance of carrying out thorough ex- ante and ex-post assessments in order to ascertain that works are sustainable and will provide real added value in economic, social, and environmental terms;
Amendment 87 #
Motion for a resolution
Paragraph 8 b (new)
Paragraph 8 b (new)
8b. Points to the need to consult local people and stakeholders at every stage of infrastructure projects with a view to gauging the additionality of the projects and their potential impact on the areas concerned and the local communities;
Amendment 107 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Welcomes the EIB’s Economic Resilience Initiative (ERI) as part of the EU’s joint response to the migration and refugee crisis, with a focus on tackling the root causes of migration; insists on close coordination and complementarity with the EU External Investment Plan; notes that so far the 26 ERI projects and EUR 2.8 billion in investment are expected to benefit more than 1 500 smaller businesses and mid- caps, helping to sustain more than 100 000 jobs; points to the need to give proper effect to the initiative by supporting projects different from those financed before and in that way guaranteeing genuine added value;
Amendment 121 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Recognises the achievements of the EFSI by its third anniversary and welcomnotes the EUR 335 billion in investment mobilised across the Union since the adoption of the EFSI Regulation1 by the co- legislators; _________________ 1 Regulation (EU) 2015/1017. Regulation (EU) 2015/1017.
Amendment 124 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. Tax policy and transparency Reiterates its call for the EIB to apply more stringent tax transparency standards; points to the need to make the granting of direct and indirect loans subject to publication of tax and accounting data country by country and to the sharing of beneficial ownership data on the beneficiaries and financial intermediaries involved in financing operations, with no possibility of exemption;
Amendment 133 #
Motion for a resolution
Paragraph 15 b (new)
Paragraph 15 b (new)
15b. Maintains that international financial institutions have to eliminate the risk that EU funding might contribute, directly or indirectly, to tax evasion and tax fraud;
Amendment 136 #
Motion for a resolution
Paragraph 15 c (new)
Paragraph 15 c (new)
15c. Points to the need to guarantee a high standard of information on final beneficiaries and effectively prevent transactions involving financial intermediaries with a bad history regarding transparency, fraud, corruption, organised crime, and money laundering and with a poor social and environmental record;
Amendment 142 #
Motion for a resolution
Paragraph 15 d (new)
Paragraph 15 d (new)
15d. Points to the importance of greater transparency for operations carried out through financial intermediaries, first and foremost commercial banks and investment funds;