9 Amendments of Neena GILL related to 2016/0276(COD)
Amendment 85 #
Proposal for a regulation
Recital 4
Recital 4
(4) The EFSI, implemented and co- sponsored by the EIB Group, is firmly on track to deliver the objective of mobilising at least EUR 315 billion in additional investments in the real economy by mid- 2018. Underlines that all the projects benefiting from EFSI support should continue to do so even after the UK leaving the EU. The market absorption has been particularly quick under the SME Window where the EFSI is delivering well beyond expectations. In July 2016 the SME Window was thus scaled-up by EUR 500 million within the existing parameters of Regulation (EU) No 2015/1017. A larger share of financing to be geared towards SMEs given the exceptional market demand for SME financing under the EFSI: 40% of the increased risk bearing capacity of the EFSI should be geared towards increasing access to financing for SMEs.
Amendment 104 #
Proposal for a regulation
Recital 7
Recital 7
(7) For the period after 2020, the Commission intends towill put forward the necessary proposals to ensure that strategic investment will continue at a sustainable level.
Amendment 114 #
Proposal for a regulation
Recital 8
Recital 8
(8) The extended EFSI should address remaining market failures and sub-optimal investment situations and continue to mobilise private sector financing in investments crucial for Europe’s future job creation – including for the youth –, growth and competitiveness with strengthened additionality. They include investments in the areas of renewable energy, environment and climate action, social and human capital and related infrastructure, social housing, healthcare, research and innovation, cross- border and sustainable transport, as well as the digital transformation and the creative industry. In particular, the contribution of operations supported by the EFSI to achieving the Union's ambitious targets set at the Paris Climate Conference (COP21) should be reinforced. Energy interconnection priority projects and energy efficiency projects should also be increasingly targeted. In addition, EFSI support to new motorways should be avoidedphased out, unless it is needed to support private investment in transport in cohesion countries or in cross-border transport projects involving at least one cohesion country. For reasons of clarity, although they are already eligible, it should be explicitly laid down that projects in the fields of sustainable agriculture, fishery and aquaculture come within the general objectives eligible for EFSI support.
Amendment 137 #
Proposal for a regulation
Recital 9
Recital 9
(9) Additionality, a key feature of the EFSI, should be strengthened in the selection of projects. In particular, operations should only be eligible for EFSI support if they address clearly identified market failures or sub-optimal investment situations. Operations in infrastructure under the Infrastructure and Innovation Window linking two or more Member States, including e-infrastructure, shcould be considered additional given their inherent difficulty and their high added value for the Union.
Amendment 158 #
(11) In order to reinforce the take-up of the EFSI in less-developed and transition regionsall deprived regions in the EU, the scope of the general objectives eligible for EFSI support should be enlarged and the communication efforts around EFSI should be considerably strengthened.
Amendment 194 #
Proposal for a regulation
Recital 16
Recital 16
(16) In line with the exceptional market demand for SME financing under the EFSI which is expected to continue, the EFSI SME Window should be enhanced. Particular attention should be paid to social enterprises, including through the development and deployment of new instruments,. as well as to support for a stronger communication campaign in EU regions around the potential added value of EFSI for SME's.
Amendment 329 #
Proposal for a regulation
Article 1 – paragraph 1 – point 4 – point c
Article 1 – paragraph 1 – point 4 – point c
Regulation (EU) No 2015/1017
Article 7 – paragraph 11 – second sentence
Article 7 – paragraph 11 – second sentence
The Managing Director shall be responsible for informing the Steering Board of any such breach that comes to her/his knowledge and propose appropriate action.
Amendment 353 #
Proposal for a regulation
Article 1 – paragraph 1 – point 5 – point a
Article 1 – paragraph 1 – point 5 – point a
Regulation (EU) No 2015/1017
Article 9 – paragraph 2 – point h
Article 9 – paragraph 2 – point h
(h) sustainable agriculture, fishery and aquaculture;
Amendment 464 #
Proposal for a regulation
Article 1 – paragraph 1 – point 12
Article 1 – paragraph 1 – point 12
Regulation (EU) No 2015/1017
Article 22 – paragraph 1 – subparagraph 3 a (new)
Article 22 – paragraph 1 – subparagraph 3 a (new)
The EIB and the EIF shall in particular not participate in any financing or investment operation where the beneficial owner or bank account holder remain unidentified.