BETA

11 Amendments of Urmas PAET related to 2018/0229(COD)

Amendment 30 #
Proposal for a regulation
Recital 1
(1) With 1.8% of EU GDP, down from 2.2% in 2009, infrastructure investment activities in the Union in 2016 were about 20% below investment rates before the global financial crisis. Thus, while a recovery in investment-to-GDP ratios in the Union can be observed, it remains below what might be expected in a strong recovery period and is insufficient to compensate years of underinvestment. More importantly, the current investment levels and forecasts do not cover the Union’s structural investment needs in the face of technological change and global competitiveness, including for innovation, skills, infrastructure, small and medium- sized enterprises (‘SMEs’) and the need to address key societal challenges such as sustainability or population ageing. Consequently, continued support is necessary to address market failures and sub-optimal investment situations to reduce the investment gap in targeted sectors to reduce disparities in the level of development and to achieve the Union’s policy objectives.
2018/10/10
Committee: REGI
Amendment 99 #
Proposal for a regulation
Recital 36
(36) In order to ensure a wide geographic outreach of the advisory services across the Union and to successfully leverage local knowledge about the InvestEU Fund, a regional and local presence of the InvestEU Advisory Hub should be ensured, where needed, taking into account existing support schemes, with a view to provide tangible, proactive, tailor-made assistance on the ground.
2018/10/10
Committee: REGI
Amendment 106 #
Proposal for a regulation
Recital 47
(47) The InvestEU Programme should address EU-wide market failures and, sub- optimal investment situations, disparities in the level of development and provide for Union-wide market testing of innovative financial products, and systems to spread them, for new or complex market failures. Therefore, action at Union level is warranted,
2018/10/10
Committee: REGI
Amendment 117 #
Proposal for a regulation
Article 3 – paragraph 1 – point b a (new)
(ba) balanced development and the reduction of disparities;
2018/10/10
Committee: REGI
Amendment 141 #
Proposal for a regulation
Article 7 – paragraph 1 – point a
(a) sustainable infrastructure policy window: comprises sustainable investment in the areas of transport, energy, communication and digital connectivity, supply and processing of raw materials, space, oceans and water, waste, nature and other environment infrastructure, equipment, mobile assets and deployment of innovative technologies that contribute to the environmental or social sustainability objectives of the Union, or to both, or meet the environmental or social sustainability standards of the Union;
2018/10/10
Committee: REGI
Amendment 147 #
Proposal for a regulation
Article 7 – paragraph 1 – point b
(b) research, innovation and digitisation policy window: comprises research and innovation activities, transfer of research results to the market, demonstration and deployment of innovative solutions and support to scaling up of innovative companies other than SMEs as well as digitisation of Union industry;
2018/10/10
Committee: REGI
Amendment 182 #
Proposal for a regulation
Article 11 – paragraph 2 – point a
(a) cross-border and interregional projects between entities located or established in one or more Member States and extending to one or more third countries, including acceding countries, candidate countries and potential candidates, countries covered by the European Neighbourhood Policy, the European Economic Area or the European Free Trade Association, or to an overseas country or territory as set out in Annex II to the TFEU, or to an associated third country, whether or not there is a partner in those third countries or overseas countries or territories;
2018/10/10
Committee: REGI
Amendment 191 #
Proposal for a regulation
Article 12 – paragraph 2 – point d
(d) achieves geographical diversification in relation to the need for balanced development;
2018/10/10
Committee: REGI
Amendment 212 #
Proposal for a regulation
Article 19 – paragraph 2 – subparagraph 4
The composition of the Investment Committee shall ensure that it has a wide knowledge of the sectors covered by the policy windows referred to in Article 7(1) and of the geographic markets in the Union and that it is geographical and gender- balanced as a whole.
2018/10/10
Committee: REGI
Amendment 216 #
Proposal for a regulation
Article 19 – paragraph 3 – subparagraph 1
When participating in the activities of the Investment Committee, its members shall perform their duties impartially and in the sole interest of the InvestEU Fund. They shall not seek or take instructions from the implementing partners, the institutions of the Union, the Member States, the regions or any other public or private body.
2018/10/10
Committee: REGI
Amendment 234 #
Proposal for a regulation
Article 27 – paragraph 1
1. The implementing partners shall acknowledge the origin and ensure the visibility of the Union funding (in particular when promoting the actions and their results), by providing coherent, effective and targeted information to multiple audiences, including the media and the public, according to the standards applicable to EU programs.
2018/10/10
Committee: REGI