[ParlTrack]

Proposal for a decision
Recital 8

(8) EIB Financing Operations should be consistent with and support the Community's external policies ~~including specific regional objectiv~~, notably the goals of Community policy in the sphere of development cooperation, including specific regional objectives, and should contribute to the general objective of promoting and consolidating democracy and the rule of law, human rights and fundamental freedoms, and to contribute to the observance of international environmental agreements to which the Community or its Member States are parties. By ensuring overall coherence with Community actions, EIB financing should be complementary to corresponding Community assistance policies, programs and instruments in the different regions. Moreover, the protection of the environment and energy security of the Member States should form part of the EIB's financing objectives in all eligible regions. EIB Financing Operations should take place in countries complying with appropriate conditionality consistent with Community high level agreements on political and macro-economic aspects. , including human rights benchmarks.

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Recital 9 a (new)

(9a) The information received by the European Parliament and the Council and the opportunities for scrutiny should also be strengthened, including by the transmission to it of strategic programming documents prepared by the Commission or by the EIB and by addressing the consistency of EIB Financing Operations with the external policies and objectives of the European Union in the structured dialogue with the European Parliament established in the new external financing instruments for 2007-2013.

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Recital 10

(10) With regard to pre-accession countries, EIB financing in those countries should reflect the priorities established in the Accession and European Partnerships, in the Stabilisation and Association agreements and in negotiations with the Community. The focus of Community action in the Western Balkans should continue to shift progressively from reconstruction to pre-accession support. In this context, the EIB activity should, in addition, also seek to encourage the institution building aspect, where relevant, in cooperation with other International Financial Institutions ('IFIs') active in the region. Over the period 2007-20130, financing to candidate countries (Croatia, Turkey and the former Yugoslav Republic of Macedonia) should increasingly take place under the Pre-Accession Facility made available by the EIB, which should be extended over time to cover the potential candidate countries in the Western Balkans in line with the progress of their accession process.

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Recital 17

(17) Reporting and transmission of information by the EIB and the Commission on EIB Financing Operations should be strengthened. On the basis of the information received from the EIB, the Commission should report, on an annual basis, to the European Parliament and the Council on the EIB Financing Operations carried out under this Decision. Th~~e report should, in particular,~~is report should include an assessment of the contribution of EIB Financing Operations to the achievement of the external policy objectives of the Union. The report should, in particular, contain the strategic programming documents and include a section on value-added in line with Community policies, and a section on cooperation with the Commission, other IFIs and bilateral donors, including on cofinancing.

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Recital 18

(18) The Community guarantee established by this Decision should cover EIB Financing Operations signed during a period beginning on 1 February 2007 and ending on 31 December 20130. In order to be able to take stock of the developments during the first half of that period, the EIB and the Commission should prepare a mid-term review of the Decision. This review should in particular includThe EIB and the Commission should prepare an external evaluation whose terms of reference are specified in Annex II.

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Recital 24

(24) A new Decision of the European Parliament and of the Council should therefore be adopted swiftly in order to provide for a continu~~ous unchanged~~ing guarantee of the relevant EIB Financing Operations outside the Community. This Decision is, however, limited in time and expires on 31 December 2010.

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Recital 24 a (new)

(24a) In order to preserve fully the prerogatives of the legislative authority the Commission shall present before 15 October 2009 a proposal for a new decision.

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Article 1 – paragraph 3

3. The maximum ceiling of the EIB Financing Operations throughout the period referred to in paragraph 6, less amounts cancelled, shall not exceed EUR ~~27 800~~14 358 million. This maximum ceiling shall be broken down into two parts: id- term review set out in Article 9. (a) a basic ceiling of a fixed maximum amount of EUR ~~25 800~~13 325 million, including its regional distribution defined in paragraph 4, to cover the entire period referred to in paragraph 6; (b) an optional mandate of EUR 21 00033 million. The activation in whole or in part of this optional amount and its regional distribution will be decided by the European Parliament and the Council in accordance with the procedure laid down in Article 251 of the Treaty. The decision will be based on the outcome of the m~~id- term review set out in Article 9.~~

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Article 1 – paragraph 4

4. The basic ceiling referred to in paragraph 3(a) shall be broken down into the following binding regional ceilings: (a) Pre-Accession countries: EUR ~~8 700~~4 493 million; (b) Neighbourhood and Partnership countries: EUR 126 4004 million; broken down into the following indicative sub-ceilings: (i) Mediterranean: EUR ~~8 700~~4 493 million; (ii) Eastern Europe, Southern Caucasus and Russia: EUR ~~3 700~~1 911 million; (c) Asia and Latin America: EUR ~~3 800~~1 963 million; broken down into the following indicative sub-ceilings: (i) Latin America: EUR ~~2 800~~1 446 million; (ii) Asia (including Central Asia): EUR ~~1 000~~517 million; (d) Republic of South Africa: EUR ~~900~~465 million.

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Article 1 – paragraph 6

6. The Community guarantee shall cover EIB Financing Operations signed during the period beginning on 1 February 2007 and ending on 31 December 20130. EIB Financing Operations signed under Council Decision 2006/1016/EC and under Council Decision 2008/847/EC shall continue to benefit from the Community guarantee under this Decision.

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Article 1 – paragraph 7

7. If, on expiry of the period referred to in paragraph 6, the European Parliament and the Council have not adopted a decision granting a new Community Guarantee to the EIB for its Financing Operations outside the Community, that period shall be automatically extended by six months.deleted

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Article 6 – paragraph 1

1. The Commission shall report annually to the European Parliament and the Council on the EIB Financing Operations carried out under this Decision. The report shall include an assessment of impact and effectiveness of EIB Financing Operations at project, sector, country and regional level as well as the contribution of the EIB Financing Operations to the fulfilment of the external policy objectives of the Community, notably the goals of Community policy in the sphere of development cooperation, as well as its contribution to promoting and consolidating democracy and the rule of law, human rights and fundamental freedoms, and to the observance of international environmental agreements to which the Community or its Member States are parties, taking into account the operational objectives of the EIB. It shall also include an assessment of the extent of cooperation between the EIB and the Commission and between the EIB and other IFIs and bilateral donors.

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Article 8

The EIB and the Commission shall enter into a guarantee agreement laying down the detailed provisions and procedures relating to the Community guarantee, which shall inter alia contain conditions with clear benchmarks regarding respect for human rights.

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Article 9 – paragraph 1

1. The Commission shall present to the European Parliament and the Council a ~~mid-term~~ report on the application of this Decision by ~~30 June~~15 October 20109, accompanied~~, as appropriate,~~ by a proposal for its amendment~~, drawing upon an external evaluation whose terms of reference are specified in Annex II of this Decision~~.

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Article 9 – paragraph 2

~~2. The Commission shall present a final report on the application of this Decision by 31 July 2013.~~deleted

2009/02/12
Committee: BUDG

Helga TRÜPEL

Proposal for a decision
Annex II

~~Mid-term review and t~~Terms of reference for the evaluation of the EIB's external mandate ~~Mid-term review A substantive mid-term review of EIB external financing will be conducted by 2010. This review will draw on an independent external evaluation~~A substantive independent external evaluation will be carried out, which will also be transmitted to the European Parliament and the Council. The rev~~iew~~aluation will provide the basis for the decision of the European Parliament and the Council, as to whether and to what extent to release any optional mandate to top up the guarantee foreseen in this Decision, for the period following 2010, as to whether to make other amendments to the mandate, and as to how to ensure maximum value- added and efficiency in the EIB's operations. The Commission will present the ~~mid-term review~~evaluation to the European Parliament and to the Council by 30 June 2010, as the basis for any proposal for the amendment of the mandate by the legislative authority. The framework of the evaluation It will include: a. an evaluation of the EIB's external financing activities. Parts of the evaluation will be conducted in cooperation with the EIB's and the Commission's evaluation departments; b. an assessment of the wider impact of the EIB's external lending on interaction with other IFIs and other sources of finance. The evaluation will be supervised and managed by a steering committee comprising several 'wise persons' appointed by the EIB Board of Governors, an EIB and a Commission representative. The steering committee will be chaired by one such 'wise person'. The steering committee will be supported by the EIB's and the Commission's evaluation departments and by external experts. These external experts will be selected through a tender process managed by the Commission. The steering committee will be consulted on the terms of reference and on the criteria for the selection of the external experts. The costs of external experts will then be borne by the Commission and will be covered by the budget line dedicated to the provisioning of the Guarantee Fund. The final evaluation report will be submitted by the steering committee, and will draw clear conclusions, based on the information gathered, to inform the decision ~~of the mid-term review~~ as to whether to release the optional tranche for the remainder of the mandate and as to the regional distribution of any additional financing. The scope of the evaluation The evaluation will cover the previous mandates (2000-2006) and the first years of the 2007-20130 mandate, up to the end of 2009. It will examine project financing volumes and disbursements by country as well as technical assistance and risk capital operations. Considering the effects at project, sector, regional and country level, ~~the evaluation will base its conclusions on:~~ a. the in-depth evaluation of the relevance, performance (effectiveness, efficiency and sustainability) of EIB operations against their specific regional objectives as originally set within the relevant Community external policies as well as of their value-added (to be conducted in association with the EIB's evaluation unit and Commission services); b. the assessment of consistency with the relevant Community external policies and strategies and of the additionality and value-added of EIB operations in the first years of the 2007-20130 mandate in the framework of the specific regional objectives in the 2007-2013 mandate and of the corresponding performance indicators to be set by the EIB (to be conducted in association with the EIB's evaluation unit and Commission services). In these assessments, value-added of EIB operations will be measured against three elements: support of Community policy objectives, the quality of the projects themselves and alternative sources of financing. a. analysis of the financial needs of the beneficiaries, their absorption capacity and the availability of other sources of private or public financing for the relevant investments; b. the assessment of the cooperation and coherence of actions between EIB and the Commission; c. the assessment of the cooperation and synergies between the EIB and international and bilateral finance institutions and agencies.

2009/02/12
Committee: BUDG

16 Amendments of Helga TRÜPEL related to 2008/0268(COD)

ParlTrack - 2011-2024