Activities of Sander LOONES related to 2016/0275(COD)
Shadow opinions (1)
OPINION on the proposal for a decision of the European Parliament and of the Council amending Decision No 466/2014/EU granting an EU guarantee to the European Investment Bank against losses under financing operations supporting investment projects outside the Union
Amendments (5)
Amendment 12 #
Proposal for a decision
Recital 2
Recital 2
(2) A new results-oriented partnership framework with third countries which takes account of all Union policies and instruments should be developed. As part of that new partnership framework, the External Investment Plan should be established in order to support investments in regions outside the Union, while contributing to inclusive and sustainable development, wealth creation and to the achievement of the sSustainable dDevelopment gGoals (SDGs). It should also fulfil the objectives of the 2030 Agenda for Sustainable Development and the objectives pursued by the other financing instruments for external action.
Amendment 19 #
Proposal for a decision
Recital 15
Recital 15
(15) The EIB should develop and implement a set of indicators in its Results Measurement framework for projects in the public sector and in the private sector directed to refugees and host communities. Therefore, an assessment of the contribution of EIB financing operations addressing root causes of migration should be included in the Commission's annual reporting to the European Parliament and to the Council on EIB financing operations; ensuring full accountability and transparency.
Amendment 21 #
Proposal for a decision
Recital 17
Recital 17
(17) The list of eligible regions and countries and potentially eligible regions and countries should be designed in order to achieve the greatest development impact and modified in order to exclude high income countries with high credit rating (Brunei, Iceland, Israel, Singapore, Chile and South Korea). In addition, Iran is to be added to the list of potentially eligible regions and countries.
Amendment 25 #
Proposal for a decision
Article 1 – paragraph 1 – point 2 – point b
Article 1 – paragraph 1 – point 2 – point b
Decision No 466/2014/EU
Article 3 – paragraph 5 – subparagraph 1
Article 3 – paragraph 5 – subparagraph 1
To ensure that private sector investments have the greatest development impact, the EIB shall endeavour to strengthen the local private sector and contribute to creating favourable conditions for private enterprise and investment in beneficiary countries through support to local investment as provided for in point (a) of paragraph 1. EIB financing operations supporting the general objectives set out in paragraph 1 shall endeavour to also enhance its support to investment projects run by SMEs from the Union. EIB financing operations shall contribute to improving market access for SMEs in Union third country partner countries and their integration into global value chains and shall further contribute to enhancing Union companies’ internationalisation and competitiveness. In order to effectively monitor the use of funds for the benefit of the SMEs concerned, the EIB shall establish and maintain adequate contractual provisions imposing standard reporting obligations on both the financial intermediaries and the beneficiaries;
Amendment 31 #
Proposal for a decision
Article 1 – paragraph 1 – point 2 – point c
Article 1 – paragraph 1 – point 2 – point c
Decision No 466/2014/EU
Article 5 – paragraph 8
Article 5 – paragraph 8
EIB financing operations supporting the general objectives set out in point (d) of paragraph 1 shall back investment projects that address root causes of the migration and contribute to long-term economic resilience and safeguard sustainable development in beneficiary countries. EIB financing operations shall, in particular, address increased needs for infrastructure and related services to cater for the migrants influx, and, energy and access to energy and telecommunications, but also tap the potential in sectors such as agriculture, green technologies, research and innovation and property rights. EIB shall provide support mechanisms for businesses, technical assistance and related services to boost employment opportunities for host and refugee communities to foster economic integration and enable refugees to become self-reliant.