4 Amendments of Markus FERBER related to 2023/0079(COD)
Amendment 24 #
Proposal for a regulation
Recital 26
Recital 26
(26) Within the Union, critical raw materials projects often face difficulties with access to finance. Critical raw materials markets are often characterised by high volatility of prices, long lead times, high concentration and opacity. Furthermore, the EU's own legislation has sometimes stood in the way of increasing the supply of critical raw materials. Additionally, financing for the sector requires a high level of expert knowledge that is often lacking among financial institutions. To overcome these factors and contribute towards ensuring a stable and reliable supply of strategic raw materials, Member States and the Commission should assist in access to finance and administrative support. Member States and the Commission should strive to increase supply by reducing red tape and establishing a predictable business environment.
Amendment 34 #
Proposal for a regulation
Recital 30
Recital 30
(30) Public support is used to address specific identified market failures or sub- optimal investment situations in a proportionate manner, and actions should not duplicate or crowd out private financing or distort competition in the internal market. Actions should have a clear added value for the Union and avoid crowding out private investments.
Amendment 42 #
Proposal for a regulation
Article 14 – paragraph 1
Article 14 – paragraph 1
1. The Commission and the Member States shall undertake activities to accelerate and crowd-in private investments in Strategic Projects. Such activities may, without prejudice to Article 107 and Article 108 of the TFEU, include providing and coordinating support to Strategic Projects facing difficulties in accessing finance. The Commission and the Member States shall refrain from activities that crowd out private investments.
Amendment 52 #
Proposal for a regulation
Article 14 – paragraph 2 – point a
Article 14 – paragraph 2 – point a
(a) assistance to ensure compliance with applicable administrative and reporting obligations; and to ensure a timely approval procedure;