24 Amendments of Florent MARCELLESI related to 2016/0275(COD)
Amendment 43 #
Proposal for a decision
Recital 11
Recital 11
Amendment 47 #
Proposal for a decision
Recital 12
Recital 12
Amendment 50 #
Proposal for a decision
Recital 13
Recital 13
(13) Following the Paris Agreement adopted under the United Nations Framework Convention on Climate Change4 , the EIB should aim to sustainincrease the current high level of climate relevant spending under the ELM, contributing to increasing its climate-related investment in developing countries from 25 % to 35 % by 2020, in accordance with the commitment taken in its climate strategy. The EIB should take into account the conclusions of the European Council of 22 May 2013 to phase out environmentally or economically harmful subsidies, including those for fossil fuels. _________________ 4 Council Decision (EU) 2016/590 of 11 April 2016 on the conclusion, on behalf of the European Union, of the Paris Agreement adopted under the United Nations Framework Convention on Climate Change (OJ L 103, 19.4.2016, p. 1).
Amendment 51 #
Proposal for a decision
Recital 15
Recital 15
Amendment 65 #
Proposal for a decision
Article 1 – paragraph 1 – point 2 – point a
Article 1 – paragraph 1 – point 2 – point a
Decision 4666/201/EU
Article 3 – paragraph 1 – point (d)
Article 3 – paragraph 1 – point (d)
Amendment 69 #
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 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. 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 final beneficiaries;
Amendment 70 #
Proposal for a decision
Article 1 – paragraph 1 – point 2 – point b a (new)
Article 1 – paragraph 1 – point 2 – point b a (new)
Decision No 466/2014/EU
Article 3 – paragraph 5 – subparagraph 2
Article 3 – paragraph 5 – subparagraph 2
Amendment 71 #
Proposal for a decision
Article 1 – paragraph 1 – point 2 – point b b (new)
Article 1 – paragraph 1 – point 2 – point b b (new)
Decision No 466/2014/EU
Article 3 – paragraph 6
Article 3 – paragraph 6
(b b) in Article 3, paragraph 6 is replaced by the following: "6. EIB financing operations supporting the general objective set out in point (b) of paragraph 1 shall support investment projects predominantly in the areas of transport, energy, environmental infrastructure, information and communication technology, health and education. This includes production and integration of energy from renewable sources, energy efficiency measures, energy systems transformation enabling a switch to lower carbon intensive technologies and fuels, sustainable energy security and energy infrastructure, including for gas production and transportation to Union energy market, as well as electrification of rural areas, environmental infrastructure such as water and sanitation and green infrastructure, telecommunications and broadband network infrastructure." Or. en (http://eur-lex.europa.eu/legal- content/EN/TXT/?qid=1488449786444&uri=CELEX:02014D0466-20160926)
Amendment 72 #
Proposal for a decision
Article 1 – paragraph 1 – point 2 – point c a (new)
Article 1 – paragraph 1 – point 2 – point c a (new)
Decision 466/2014/EU
Article 3 – paragraph 7 - subparagraph 1 a (new)
Article 3 – paragraph 7 - subparagraph 1 a (new)
EIB operations shall inter alia integrate concrete actions to phase out financing projects detrimental to the achievement of the Union's climate objectives and step up efforts to support renewable energy sources and energy efficiency.
Amendment 74 #
Proposal for a decision
Article 1 – paragraph 1 – point 2 – point c
Article 1 – paragraph 1 – point 2 – point c
Decision 466/2014/EU
Article 3 – paragraph 7 – subparagraph 3
Article 3 – paragraph 7 – subparagraph 3
Over the period covered by this decision, the EIB should endeavour to sustain the current high level of climate-relevant operations, whileso that the minimum volume of those operations shall represent at least 25 35% of the total EIB financing operations.
Amendment 75 #
Proposal for a decision
Article 1 – paragraph 1 – point 2 – point c
Article 1 – paragraph 1 – point 2 – point c
Decision 466/2014/EU
Article 3 – paragraph 8 – subparagraph 1
Article 3 – paragraph 8 – subparagraph 1
Amendment 78 #
Proposal for a decision
Article 1 – paragraph 1 – point 2 – point c
Article 1 – paragraph 1 – point 2 – point c
Decision 466/2014/EU
Article 3 – paragaraph 8 – subparagraph 2
Article 3 – paragaraph 8 – subparagraph 2
Amendment 79 #
Proposal for a decision
Article 1 – paragraph 1 – point 2 – point c a (new)
Article 1 – paragraph 1 – point 2 – point c a (new)
Decision No 466/2014/EU
Article 3 – paragraph 9
Article 3 – paragraph 9
(c a) paragraph 9 is replaced by the following: "9. The EU guarantee shall cover only EIB financing operations carried out in eligible countries that have concluded a framework agreement with the EIB establishing the legal conditions under which such operations are to be carried out." content/EN/TXT/?qid=1488449786444&uri=CELEX:02014D0466-20160926) Legal conditions under which operations are to be carried out shall also include environmental, social and human rights and labour standards." Or. en (http://eur-lex.europa.eu/legal-
Amendment 80 #
Proposal for a decision
Article 1 – paragraph 1 – point 3 b (new)
Article 1 – paragraph 1 – point 3 b (new)
Decision No 466/2014/EU
Article 9 – paragraph 1 – subparagraph 1
Article 9 – paragraph 1 – subparagraph 1
(3 b) in Article 9, paragraph 1, the first subparagraph is replaced by the following: "1. The EIB shall carry out thorough due diligence and, where appropriate, shall require project promoters to carry out local public consultation, in line with Union social and environmental principles, with the relevant national and local stakeholders, as well as with civil society, at project planning stage and implementation stage on social, human rights, environmental, economic and development-related aspects of investment projects covered by the EU guarantee, and to provide information relevant for the assessment of the contribution to the fulfilment of Union external policy and strategic objectives." Or. en (http://eur-lex.europa.eu/legal- content/EN/TXT/?qid=1488449786444&uri=CELEX:02014D0466-20160926)
Amendment 81 #
Proposal for a decision
Article 1 – paragraph 1 – point 3 c (new)
Article 1 – paragraph 1 – point 3 c (new)
Decision No 466/2014/EU
Article 9 – paragraph 1 – subparagraph 1 a (new)
Article 9 – paragraph 1 – subparagraph 1 a (new)
Amendment 82 #
Proposal for a decision
Article 1 – paragraph 1 – point 3 d (new)
Article 1 – paragraph 1 – point 3 d (new)
Decision No 466/2014/EU
Article 9 – paragraph 1 – subparagraph 1 b (new)
Article 9 – paragraph 1 – subparagraph 1 b (new)
(3 d) in Article 9, paragraph 1, the following subparagraph is inserted: "The EIB shall establish a practical guidance on the assessment of aspects related to all basic human rights to be used during the ex-ante assessment and ongoing monitoring on a project-by- project basis, including for projects involving financial intermediaries, based on the existing frameworks, in particular the EU Strategic Framework and Action Plan for Human Rights.";
Amendment 83 #
Proposal for a decision
Article 1 – paragraph 1 – point 3 e (new)
Article 1 – paragraph 1 – point 3 e (new)
Decision No 466/2014/EU
Article 9 – paragraph 2
Article 9 – paragraph 2
(3 e) in Article 9, paragraph 2 is replaced by the following: "2. In addition to the ex-ante assessment of development-related aspects, the EIB shall monitor the implementation of financing operations. In particular, it shall require the project promoters to carry out thorough monitoring during project implementation until completion, inter alia, on the economic, development, social, environmental and human rights impact of the investment project. The EIB shall verify on a regularsystematic basis the information provided by the project promoters and make it publicly available if the project promoter agrees. Where possible, p. Project completion reports related to EIB financing operations shall be published excluding confidential information." Or. en (http://eur-lex.europa.eu/legal- content/EN/TXT/?qid=1488449786444&uri=CELEX:02014D0466-20160926)
Amendment 84 #
Proposal for a decision
Article 1 – paragraph 1 – point 5 – point a
Article 1 – paragraph 1 – point 5 – point a
Decision 466/2014/E·U
Article 11 – paragraph 1 – point b
Article 11 – paragraph 1 – point b
Amendment 87 #
Proposal for a decision
Article 1 – paragraph 1 – point 5 – point a a (new)
Article 1 – paragraph 1 – point 5 – point a a (new)
Decision No 466/2014/EU
Article 11 – paragraph 1 – point c
Article 11 – paragraph 1 – point c
(a a) in Article 11, paragraph 1, point c is replaced by the following: "(c) an assessment of the contribution of EIB financing operations to the fulfilment of Union external policy and strategic objectives, taking into account the regional technical operational guidelines referred to in Article 5;" . The Commission, in cooperation with the European External Action Service (EEAS), shall establish a framework and methodology for annual reporting by the EIB on its operations covered by the Community Guarantee and their compliance with the general principles guiding Union external action as referred to in Article 21 TEU. The key objective of this reporting shall be to monitor the compliance of the EIB with obligations under the Treaty on the European Union and notably the provisions of its Article 21, including respect for and promotion of human rights, eradication of poverty, and the management of environmental risks. That methodology shall be developed by the Commission and the EEAS during the first year following the entry into force of this revised Decision and build on reporting on human rights compliance by the EIB, as requested by the EU Strategic Framework and Action Plan for Human Rights. Based on the annual reporting from the EIB, the Commission shall submit each year to the European Parliament its own evaluation of the information provided by the EIB and suggest possible changes in the policies and procedures followed by the EIB for adoption by the Member States after taking into account the opinion of the European Parliament on those changes. Possible recommendations by the European Commission and the European Parliament on how to improve EIB reporting to that end shall be reflected by it in the context of the updating of the Regional Technical Operational Guidelines." Or. en (http://eur-lex.europa.eu/legal- content/EN/TXT/?qid=1488449786444&uri=CELEX:02014D0466-20160926)
Amendment 88 #
Proposal for a decision
Article 1 – paragraph 1 – point 5 – point b
Article 1 – paragraph 1 – point 5 – point b
Decision 466/2014/EU
Article 11 – paragraph 1 – point j
Article 11 – paragraph 1 – point j
Amendment 91 #
Proposal for a decision
Article 1 – paragraph 1 – point 5 a (new)
Article 1 – paragraph 1 – point 5 a (new)
Decision No 466/2014/EU
Article 12 – paragraph 1 – introductory sentence
Article 12 – paragraph 1 – introductory sentence
(5 a) in Article 12, paragraph 1, the introductory wording is replaced by the following: "1. In accordance with its own transparency policy and Union principleslaw on access to documents and information, and progressively with International Aid Transparency Initiative sStandards, the EIB shall make publicly available on its website information relating to:" content/EN/TXT/?qid=1488449786444&uri=CELEX:02014D0466-20160926)Or. en (http://eur-lex.europa.eu/legal-
Amendment 92 #
Proposal for a decision
Article 1 – paragraph 1 – point 5 b (new)
Article 1 – paragraph 1 – point 5 b (new)
Decision No 466/2014/EU
Article 12 – paragraph 1 – point b a (new)
Article 12 – paragraph 1 – point b a (new)
(5 b) In Article 12, paragraph 1, the following point is added: "(ba)The EIB shall make available on its public register the following documents: - all Result Measurement (ReM) Sheets for projects falling under the coverage of this guarantee, in particular those indicating how such guarantee contributes to the goals of the Union's external action, noting in particular its economic, social and environmental impact; - monitoring and evaluation reports; - project completion reports; - opinions delivered by the Commission under the procedure described in Article 19 of the EIB Statute."
Amendment 93 #
Proposal for a decision
Article 1 – paragraph 1 – point 5 c (new)
Article 1 – paragraph 1 – point 5 c (new)
Decision No 466/2014/EU
Article 12 – paragraph 1 – point d a (new)
Article 12 – paragraph 1 – point d a (new)
(5 c) In Article 12, paragraph 1, the following point is added: "(d a) information on beneficial ownership for every project covered by the EU guarantee".
Amendment 94 #
Proposal for a decision
Article 1 – paragraph 1 – point 5 d (new)
Article 1 – paragraph 1 – point 5 d (new)
Decision No 466/2014/EU
Article 13 – subparagraph 2
Article 13 – subparagraph 2
(5 d) Article 13, subparagraph 2 is replaced by the following: "In its financing operations, the EIB shall apply the principles and standards set out in Union law on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing, including a requirement to take reasonable measures to identify the beneficial owners where applicable." . The EIB shall ensure that all companies and financial institutions involved in transactions disclose information regarding beneficial ownership of any legal structure directly or indirectly related to the company, including trusts, foundations and bank accounts. In order to be eligible for EIB financing and investment, all beneficiaries, whether corporations or financial intermediaries, that are incorporated in different jurisdictions shall disclose country-level information about their sales, assets, employees, profits and tax payments for each countent/EN/TXT/?qid=1488449786444&uri=CELEX:02014D0466-20160926)ry where, as specified in their audited annual accounts, they have operations." Or. en (http://eur-lex.europa.eu/legal-