BETA

6 Amendments of Aurore LALUCQ related to 2020/0106(COD)

Amendment 109 #
Proposal for a regulation
Recital 5
(5) The EU guarantee granted to the European Investment Bank (EIB) should be increased by EUR 66 436 320 000 in order to create the third window of the EFSI – the solvency support window – under which solvency support should be provided. The EIB should publish all data relating to financed projects so that the economic, environmental and social impact of its investments can be assessed.
2020/08/27
Committee: BUDGECON
Amendment 115 #
Proposal for a regulation
Recital 8
(8) The delivery modes of the support should be flexible in view of the need of differing solutions in different Member States Supported companies should, however, undertake not to carry out dismissals or pay dividends over the period concerned. Moreover, the support granted should not run counter to the Paris Agreement. They should include, inter alia, EIB Group financing, or guarantee or investment in existing independently managed funds or in special purpose vehicles that in turn invest in eligible companies. Furthermore, the support could be channelled via newly established independently managed funds, including via first-time teams, or via special purpose vehicles especially set up either at European or regional or national level with a view to benefiting from the EU guarantee in order to invest in eligible companies. The EU guarantee could also be used to guarantee or finance an intervention by a national promotional bank or institution in line with State aid rules together with private investors in support of eligible companies. Undue distortion of competition in the internal market should be avoided.
2020/08/27
Committee: BUDGECON
Amendment 194 #
Proposal for a regulation
Article 1 – paragraph 1 – point 12
(b) ensure that the majority of EFSI financing under the solvency support window is utilised to support eligible companies, which undertake not to carry out dismissals or pay dividends over the period concerned, in Member States and sectors economically most hit by the Covid-19 pandemic;
2020/08/27
Committee: BUDGECON
Amendment 197 #
Proposal for a regulation
Article 1 – paragraph 1 – point 12
Regulation (EU) 2015/1017
Article 9 – paragraph 2 a – point c
(c) ensure that the majority of EFSI financing under the solvency support window is utilised to support eligible companies in Member States where the availability of State solvency support is more limited. The instrument does not directly or indirectly support projects involving fossil fuels.
2020/08/27
Committee: BUDGECON
Amendment 243 #
Proposal for a regulation
Article 1 – paragraph 1 – point 31 – point 3
Regulation (EU) 2015/1017
Annex II – Section 6 – point d – indent 5
– Companies targeted by funds, special purpose vehicles or investment platforms shall be encouraged to comply, to the extent possible, with minimum high- level social and environmental safeguards in line with guidance provided by the Steering Boardthe European Pillar of Social Rights, the Paris Agreement and the sustainable development goals. Such guidance should include adequate provisions for avoiding undue administrative burdens, taking into account the size of companies and including lighter provisions for SMEs. Companies with a certain level of exposure to a pre-defined list of environmentally harmful activities, in particular the sectors covered by the EU Emissions Trading System (EU ETS), shall be encouraged to put in place, in the future, green transition plans. Companies shall also be encouraged to advance in their digital transformation. Technical assistance shall be available to assist companies for the purpose of these transitions.
2020/08/27
Committee: BUDGECON
Amendment 248 #
Proposal for a regulation
Article 1 – paragraph 1 – point 31 – point 3
Regulation (EU) 2015/1017
Annex II – Section 6 – point d – indent 5 a (new)
- The EIB shall be required to present an update of its projects to the European Parliament every three months, including: (a) a social, economic and environmental assessment of its lending activities; (b) its methodology for preventing conflicts of interest, in particular among members of the EFSI Investment Committee and the EIB Board of Directors; and proposals to incorporate stricter rules on conflicts of interest.
2020/08/27
Committee: BUDGECON