3 Amendments of Paolo DE CASTRO related to 2020/0104(COD)
Amendment 215 #
Proposal for a regulation
Recital 8
Recital 8
(8) Against this background, it is necessary to strengthen the current framework for the provision of support to Member States and provide direct financial support to Member States through an innovative tool. To that end, a Recovery and Resilience Facility (the ‘Facility’) should be established under this Regulation to provide effective financial and significant support to step up the implementation of reforms and related public investments in the Member States, which at the same time should foster the mobilisation of private investments. The Facility should be comprehensive and should also benefit from the experience gained by the Commission and the Member States from the use of the other instruments and programmes.
Amendment 252 #
Proposal for a regulation
Recital 11
Recital 11
(11) Reflecting the European Green Deal and the objectives of the Farm to Fork and Biodiversity Strategies, as Europe’s sustainable growth strategy and the translation of the Union's commitments to implement the Paris Agreement and the United Nations’ Sustainable Development Goals, the Facility established by this Regulation will contribute to mainstreaming climate actions and environmental sustainability and to the achievement of an overall target of 2530 % of the EU budget expenditures supporting climate objectives.
Amendment 1269 #
Proposal for a regulation
Article 17 – paragraph 4 – point c – point 1
Article 17 – paragraph 4 – point c – point 1
(1) as regards completion of the investment, the investment period by which the investment project must be implemented shall end no later than seven years after the adoption of the decisionshall allow for the implementation of infrastructural investments, in accordance with Article 15(3)(d);