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- Act adopted by Council after Parliament's 1st reading 2018/02/27
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- Referral to associated committees announced in Parliament 2017/04/06
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- Committee opinion 2017/03/31
- Committee report tabled for plenary, 1st reading 2017/03/31
- Vote in committee, 1st reading 2017/03/27
- Committee decision to open interinstitutional negotiations with report adopted in committee 2017/03/27
- Committee opinion 2017/03/22
- Committee opinion 2017/03/21
- Amendments tabled in committee 2017/03/06
Progress: Procedure completed
Role | Committee | Rapporteur | Shadows |
---|---|---|---|
Lead | BUDG | GARDIAZABAL RUBIAL Eider ( S&D) | MUREŞAN Siegfried ( PPE), DEPREZ Gérard ( ALDE), HAUTALA Heidi ( Verts/ALE), ZANNI Marco ( ENF) |
Committee Opinion | AFET | KUKAN Eduard ( PPE) | Bas BELDER ( ECR), Sabine LÖSING ( GUE/NGL) |
Committee Opinion | DEVE | DEVA Nirj ( ECR) | Doru-Claudian FRUNZULICĂ ( S&D), Lola SÁNCHEZ CALDENTEY ( GUE/NGL) |
Committee Opinion | INTA | CICU Salvatore ( PPE) | Marielle DE SARNEZ ( ALDE), Sander LOONES ( ECR) |
Committee Opinion | ECON | ||
Committee Opinion | ENVI | PATRICIELLO Aldo ( PPE) | Nicola CAPUTO ( S&D), Mireille D'ORNANO ( ENF), Julie GIRLING ( ECR), Anneli JÄÄTTEENMÄKI ( ALDE) |
Lead committee dossier:
Subjects
Events
PURPOSE: to enable the European Investment Bank (EIB) to contribute to the external investment plan (EIP) by expanding both quantitatively and qualitatively the EIB external lending mandate.
LEGISLATIVE ACT: Decision (EU) 2018/412 of the European Parliament and of the Council amending Decision No 466/2014/EU granting an EU guarantee to the European Investment Bank against losses under financing operations supporting investment projects outside the Union.
CONTENT: this Decision amends Decision No 466/2014/EU in order to increase to EUR 32.3 billion the maximum ceiling of EIB financing operations under the EU guarantee through the period 2014-2020. Of this total, EUR 3.7 billion is earmarked for projects in the public and private sectors aimed at providing a strategic response to the root causes of migration .
Within the regional ceilings and over the period covered by this Decision, the EIB shall ensure a country distribution within the regions covered by the EU guarantee, balanced in line with Union external policy priorities. The ceiling for reallocation between the regions by the EIB in the course of the mandate shall be increased from 10 % to 20 %.
Objectives and general principles : the EU guarantee shall be granted only for EIB financing operations which have added value on the basis of the EIB's own assessment, and support any of the following general objectives:
local private-sector development , in particular support to micro, small and medium-sized enterprises (SMEs); development of social and economic infrastructure , including transport, energy, environmental infrastructure, and information and communication technology; climate change mitigation and adaptation: over the period covered by this Decision, the EIB shall endeavour to sustain a high level of climate-relevant operations, the volume of which shall represent at least 25 % of the total EIB financing operations outside the Union; the long-term economic resilience of refugees , migrants, host and transit communities, and communities of origin as a strategic response to addressing root causes of migration.
Assessment of investment projects : the EIB 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 the project-planning and implementation stages on social, human rights, gender equality, environmental, economic and development-related aspects of investment projects covered by the EU guarantee; that the principle of free prior informed consent is implemented prior to financing operations affecting land and natural resources.
The EIB shall use performance indicators to measure development, environmental and social aspects, including human rights and gender equality, of the projects financed.
Prevention of money laundering, fight against terrorist financing, taxation and non-cooperative jurisdictions : in its financing operations, the EIB shall not support projects that contribute to money laundering, terrorist financing or tax evasion or avoidance.
In addition, the EIB shall not enter into new or renewed operations with entities incorporated or established in jurisdictions listed under the relevant Union policy on non-cooperative jurisdictions.
Revision of the eligibility list of countries : the Decision amends the lists of eligible regions and countries and potentially eligible regions and countries to exclude high-income regions and countries with high credit ratings, namely Brunei, Chile, Iceland, Israel, Singapore, South Korea and Taiwan. In addition, Iran shall be added to the list of potentially eligible regions and countries.
ENTRY INTO FORCE: 8.4.2018.
The European Parliament adopted by 487 votes to 96, with 42 abstentions, on the proposal for a decision of the European Parliament and of the Council amending Decision No 466/2014/EU granting an EU guarantee to the European Investment Bank against losses under financing operations supporting investment projects outside the Union.
The European Parliament’s position adopted at first reading under the ordinary legislative procedure amended the Commission proposal as follows:
Objectives and general principles : two new objectives shall be covered by the EU guarantee:
projects addressing root causes of migration and contributing to the long-term economic resilience of refugees, migrants, host and transit communities . A maximum of EUR 1.4 billion (out of EUR 30 billion under a general mandate) and a maximum of EUR 2.3 billion under a private sector lending mandate .
EIB financing operations shall also seek to:
support small investment projects run by MSMEs , further facilitating the internationalisation of MSMEs, especially in remote rural areas and in particular in the field of drinking water treatment, wastewater disposal and renewable energy;
contribute to on the objectives of the Union development cooperation policy, in particular towards reducing poverty through inclusive growth and sustainable economic, environmental and social development; support investment projects predominantly in the areas of transport, energy, environmental infrastructure, information and communication technology, health and education; maintain a high level of climate-related operations, accounting for at least 25% of all EIB financing operations outside the Union; the EIB shall strengthen the climate change adaptation dimension of its contribution to projects in all EIB financing operations under the external lending mandate; ensure full respect for human, labour and social rights, fundamental freedoms and gender mainstreaming; support the public sector, including municipalities and public sector entities, in terms of infrastructure and services, and particularly for health care and with special facilities for children , for sanitation services and school education, to address significantly increased needs.
Within the regional ceilings, the EIB shall ensure an adequate country distribution within the regions covered by the EU guarantee, in line with Union external policy priorities.
Coverage and conditions of application of the EU guarantee : financing agreements with individual promoters relating to EIB financing operations shall also include appropriate procurement, environmental, climate and social provisions in accordance with the EIB’s own rules and procedures, including requirements to make the EU guarantee and EIB involvement visible to the end beneficiary.
EIB assessment and monitoring of investment projects : the EIB 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, gender equality, environmental, economic and development-related aspects of investment projects; ensure that the principle of free prior informed consent is implemented, prior to financing operations affecting land and natural resources.
The EIB shall performance indicators in relation to development, environmental and social aspects, including human right and gender equality aspects, of projects funded.
Prevention of money laundering, fight against the financing of terrorism, taxation and non-cooperative countries and territories : in its financing operations, the EIB shall not support any project that contributes to money laundering, terrorist financing, tax fraud and tax evasion.
The EIB shall not maintain business relations with entities incorporated or established in jurisdictions that do not cooperate with the Union in relation to the application of the internationally agreed tax standards on transparency and exchange of information.
The EIB shall provide introduction of country-by-country reporting, public registers of beneficial ownership and a blacklist of non-compliant tax jurisdictions.
The Committee on Budgets adopted the report by Eider GARDIAZABAL RUBIAL (S&D, ES) on the proposal for a decision of the European Parliament and of the Council amending Decision No 466/2014/EU granting an EU guarantee to the European Investment Bank against losses under financing operations supporting investment projects outside the Union.
The Committee on Development, exercising its prerogative as an associated committee in accordance with Article 54 of the Rules of Procedure, also gave its opinion on the report.
The committee recommended that the European Parliament’s position, adopted at first reading following the ordinary legislative procedure, should amend the Commission proposal as follows:
Ceiling for EIB financing operations : the maximum ceiling of the EIB financing operations under EU guarantee throughout the period 2014-20 shall include:
a maximum amount of EUR 36 170 000 000 (instead of 30 000 000 000) under a general mandate, of which an amount of up to EUR 1 400 000 000 is earmarked for projects in the public sector directed to addressing the root causes of migration and the needs of refugees, migrants, transit and host communities; a maximum amount of EUR 2 300 000 000 under a private sector lending mandate.
In the framework of regional ceilings, the EIB shall ensure an adequate country distribution within the regions covered by the EU guarantee, in line with Union external policy priorities.
EU Guarantee : EIB financing operations shall support the long-term economic resilience of refugees, migrants, host and transit communities as a strategic response to addressing root causes of migration including, but not limited to, poverty, inequality, demographic growth, lack of employment and economic opportunities, and climate change.
EIB financing operations shall:
seek to strongly support small investment projects run by micro, small and medium-sized enterprises (MSMEs), further facilitating the internationalisation of MSMEs, especially in remote rural areas and in particular in the field of drinking water treatment, wastewater disposal as well as renewable energy; endeavour to sustain a high level of climate-relevant operations , the volume of which shall represent at least 25 % of the total EIB financing operations outside the Union, gradually increasing this target to at least 35 % by 2020; integrate concrete actions to step up efforts to support renewable energy sources and energy efficiency ; strengthen, with respect to the Sustainable Development Goals (SDGs), humanitarian action and support for creation of decent jobs, while ensuring the full respect of human, labour and social rights, fundamental freedoms and gender mainstreaming; support the public sector, in terms of infrastructure and services, and in particular health care and special facilities for children , sanitation services and school education.
The EIB shall ensure that: (i) local civil society is sufficiently well informed about planned and ongoing operations; (ii) ensure that the principle of free prior informed consent is implemented, prior to financing operations affecting land and natural resources.
Assessment and monitoring by the EIB of investment projects : Members called for the results of monitoring to be disclosed. The EIB shall use performance indicators in relation to development, environmental and social aspects, including human right and gender equality aspects, of projects funded.
The European Parliament may, on the basis of the yearly reports, draw up recommendations to the EIB concerning ongoing projects.
Non-cooperative jurisdictions : in its financing operations, the EIB shall comply with relevant standards and applicable legislation on the prevention of money laundering, and the fight against terrorism, tax fraud and tax evasion. It shall not make use of or engage in tax avoidance structures and shall not maintain business relations with entities incorporated or established in jurisdictions that do not cooperate with the Union in relation to the application of the internationally agreed tax standards.
PURPOSE: to amend Decision No 466/2014/EU in order to enable the European Investment Bank (EIB) to contribute to the external investment plan (EIP) by expanding both quantitatively and qualitatively the EIB external lending mandate.
PROPOSED ACT: Decision of the European Parliament and of the Council.
ROLE OF THE EUROPEAN PARLIAMENT: the European Parliament decides in accordance with the ordinary legislative procedure and on an equal footing with Council.
BACKGROUND: the international community faces an unprecedented refugee crisis which requires solidarity, efficient mobilisation of financial resources and the need to confront and surmount the existing challenges in a concerted manner. The proposal forms part of the external investment plan ("EIP") announced in the Commission communication of 7 June 2016 on establishing a new partnership framework with third countries under the European agenda on migration. On 28 June 2016, the European Council endorsed the EIP initiative, which aims to address root causes of migration , while contributing to the achievement of sustainable development goals.
Based on EIB's forecasts for lending in the region for the entire period of the Mandate, the
Commission sees difficulties in ensuring the continuation of EIB external financing under the EU guarantee for the remainder of the current financial perspectives 2014-2020. Moreover, considering the risk grading of the countries concerned (e.g. in the Eastern Neighbourhood), there are limited possibilities in relying on EIB own risk facilities.
By amending Decision No 466/2014/EU of the European Parliament and of the Council, the proposal aims to enable the European Investment Bank (EIB) to contribute to the EIP by expanding both quantitatively and qualitatively the EIB external lending mandate . This will enable the EIB to rapidly contribute to the EIP's objectives, in particular by providing additional financing to private-sector beneficiaries.
IMPACT ASSESSMENT: in the context of the preparation of the Decision, the Commission completed an impact assessment. This proposal does not contain a separate impact assessment, the scope of the proposed amendments to the Decision being mainly limited to the extension of the guarantee and to the increase of the ceilings set out in the Decision.
CONTENT : the main amendments to Decision No 466/2014/EU proposed by the Commission are as follows:
Addition of a new objective: it is proposed to add a new horizontal high-level objective addressing root causes of migration. Extension of the EU Guarantee and raising the ceilings : in order that the external lending mandate might meet the forthcoming challenges and respond to Union priorities, and in order to ensure a strategic response addressing root causes of migration, the proposal provides that the maximum ceiling for the EIB financing operations under the EU guarantee should be increased to EUR 32. 3 billion by releasing the optional additional amount of EUR 3 billion in the current Decision. This ceiling consists of:
- (a) a maximum total of EUR 30 billion, under the general mandate, out of which the amount of EUR 1.4 billion should be earmarked for projects in the public sector directed to refugees and host communities . That amount of EUR 1.4 billion will be distributed between the regions of Pre-accession countries and Mediterranean countries;
- (b) an overall amount of EUR 2.3 billion for EIB financing operations to private sector applicable to projects in support of refugees and/or host communities. The coverage of the EU guarantee for these operations is extended to all payments due to the EIB, but not received by it (‘comprehensive guarantee’), rather than only the political risk guarantee as is currently the case under the Decision. The EU Comprehensive Guarantee related to that new mandate will be priced. Revenues will be paid to the Guarantee Fund for external actions.
Increased flexibility for the EIB to switch amounts under the regional ceiling allocations: the ceiling for reallocation between the regions is being increased from 10% to 20% where it concerns the need to address urgencies and crisis situations that might arise during the mandate period and which are recognised as high EU external policy priorities. The reallocation is not applicable for the EUR 2.3 billion related to the private sector mandate and for the EUR 1.4 billion related to public sector projects addressing root causes of migration. Amendment of the list of eligible countries : high-income and high-investment grade countries such as Brunei, Iceland, Israel, Singapore, Chile and South Korea are removed from the list of eligible countries, as well as China's Special Administrative Regions (SAR) Hong Kong and Macao. In addition, Iran is added to the list of potentially eligible regions and countries (in Annex II of the Decision). Climate change : a reference to the Paris agreement adopted under the UN Framework Convention on Climate Change is introduced. The volume of EIB operations for climate change mitigation and adaptation should contribute to stepping up the proportion of EIB lending in support of climate-related investment in developing countries from 25% to 35% by 2020 . Results measurement framework : the EIB will develop and implement indicators for projects providing strategic response addressing root causes of migration. In the context of the Commission's annual reporting to the European Parliament and to the Council on EIB financing operations, an assessment of the impact of EIB financing operations of this strategic response is included.
BUDGETARY IMPLICATIONS: the guarantee fund for external actions, established by Council Regulation (EC, Euratom) No 480/2009 provides a liquidity cushion for the Union budget against losses incurred on EIB financing operations and other Union external action, i.e. macro financial assistance loans and Euratom loans. The EIB mandate represents about 90% of the portfolio covered by the Guarantee Fund.
The additional budgetary needs for the provisioning of the Guarantee Fund linked to the increase of the overall ceiling of the mandate will be financed from EU budget line 01 03 06 (provisioning of the Guarantee Fund). The provisioning will be financed within the Multiannual Financial Framework.
Over the current Multiannual Financial Framework, the additional budgetary needs should be limited to EUR 115 million over the period 2018 – 2020 on the basis of the annual forecasts of disbursements and reimbursements of EIB loans. A part of the loans signed under the current EIB mandate will be disbursed and repaid beyond 2020.
The EU guarantee covering the EIB financing operations under the private sector lending mandate will be priced. The risk premium revenues originating from EIB financing operations under the private sector lending mandate will be paid to the Guarantee Fund in order to cover the commercial risk.
Documents
- Commission response to text adopted in plenary: SP(2018)178
- Final act published in Official Journal: Decision 2018/412
- Final act published in Official Journal: OJ L 076 19.03.2018, p. 0030
- Draft final act: 00065/2017/LEX
- Results of vote in Parliament: Results of vote in Parliament
- Decision by Parliament, 1st reading: T8-0038/2018
- Amendments tabled in committee: PE616.866
- Approval in committee of the text agreed at 1st reading interinstitutional negotiations: GEDA/A/(2017)011231
- Coreper letter confirming interinstitutional agreement: GEDA/A/(2017)011231
- Committee opinion: PE599.683
- Committee report tabled for plenary, 1st reading: A8-0135/2017
- Committee opinion: PE595.732
- Committee opinion: PE597.737
- Amendments tabled in committee: PE601.022
- Committee opinion: PE595.736
- Committee draft report: PE599.628
- Document attached to the procedure: COM(2016)0603
- Document attached to the procedure: EUR-Lex
- Document attached to the procedure: EUR-Lex
- Document attached to the procedure: SWD(2016)0299
- Legislative proposal published: EUR-Lex
- Legislative proposal published: COM(2016)0583
- Document attached to the procedure: COM(2016)0603 EUR-Lex
- Document attached to the procedure: EUR-Lex SWD(2016)0299
- Committee draft report: PE599.628
- Committee opinion: PE595.736
- Amendments tabled in committee: PE601.022
- Committee opinion: PE597.737
- Committee opinion: PE595.732
- Committee opinion: PE599.683
- Coreper letter confirming interinstitutional agreement: GEDA/A/(2017)011231
- Amendments tabled in committee: PE616.866
- Draft final act: 00065/2017/LEX
- Commission response to text adopted in plenary: SP(2018)178
Activities
Amendments | Dossier |
126 |
2016/0275(COD)
2017/02/06
INTA
34 amendments...
Amendment 12 #
Proposal for a decision Recital 2 (2) A new results-oriented partnership framework with third countries which takes account of all Union policies and instruments should be developed. As part of that new partnership framework, the External Investment Plan should be established in order to support investments in regions outside the Union, while contributing to inclusive and sustainable development, wealth creation and to the achievement of the
Amendment 13 #
Proposal for a decision Recital 9 (9) In order to allow the ELM to respond to potential upcoming challenges and Union priorities, as well as to provide a strategic response addressing root causes of migration, the maximum ceiling for the EIB financing operations under the EU guarantee should be increased to EUR 3
Amendment 14 #
Proposal for a decision Recital 9 (9) In order to allow the ELM to respond to potential upcoming challenges and Union priorities, as well as to provide a strategic response addressing root causes of migration, the maximum ceiling for the EIB financing operations under the EU guarantee should be increased to EUR 32 300 000 000 by releasing the optional additional amount of EUR 3 000 000 000. Under the general mandate, the amount of EUR
Amendment 15 #
Proposal for a decision Recital 11 (11) Addressing root causes of migration should be added as a new objective of the mandate and every project financed under this new objective should be in compliance with Article 21 of the Treaty on European Union (TEU).
Amendment 16 #
Proposal for a decision Recital 12 (12) Complementarity and coordination with Union initiatives addressing root causes of migration should be ensured, including with Union support for the sustainable reintegration of returned migrants in the countries of origin. The EIB should therefore cooperate closely with the EEAS and should be able to call upon the relevant international organisations such as the IOM and the UNHCR where necessary.
Amendment 17 #
Proposal for a decision Recital 13 (13) Following the Paris Agreement adopted under the United Nations Framework Convention on Climate
Amendment 18 #
Proposal for a decision Recital 15 (15) The EIB should develop and implement a set of indicators in its Results Measurement framework for projects in the public sector and in the private sector directed to refugees and host communities
Amendment 19 #
Proposal for a decision Recital 15 (15) The EIB should develop and implement a set of indicators in its Results Measurement framework for projects in the public sector and in the private sector directed to refugees and host communities. Therefore, an assessment of the contribution of EIB financing operations addressing root causes of migration should be included in the Commission's annual reporting to the European Parliament and to the Council on EIB financing operations; ensuring full accountability and transparency.
Amendment 20 #
Proposal for a decision Recital 16 (16) Only where it concerns the need to address urgencies and crisis situations that could arise within the mandate period and which are recognised as Union external policy priorities, the ceiling for reallocation between the regions by the EIB in the course of the mandate should be increased from 10 % to 20 %. The EIB should notify the European Parliament for any reallocation decision by providing a justification report and an impact assessment. The private sector mandate of EUR 2 300 000 000 and the amount of EUR 1 400 000 000 dedicated to public sector projects cannot be reallocated because its purpose is to address root causes of migration.
Amendment 21 #
Proposal for a decision Recital 17 (17) The list of eligible regions and countries and potentially eligible regions and countries should be designed in order to achieve the greatest development impact and modified in order to exclude high income countries with high credit rating (Brunei, Iceland, Israel, Singapore, Chile and South Korea). In addition, Iran is to be added to the list of potentially eligible regions and countries.
Amendment 22 #
Proposal for a decision Article 1 – paragraph 1 – point 1 Decision No 466/2014/EU Article 2 – paragraph 1 – subparagraph 1 The maximum ceiling of the EIB financing operations under EU guarantee throughout the period 2014-20 shall not exceed EUR 3
Amendment 23 #
Proposal for a decision Article 1 – paragraph 1 – point 1 Decision No 466/2014/EU Article 2 – paragraph 1 – subparagraph 2 – point a (a) a maximum amount of EUR 3
Amendment 24 #
Proposal for a decision Article 1 – paragraph 1 – point 1 Decision No 466/2014/EU Article 2 – paragraph 1 – subparagraph 2 – point a (a) a maximum amount of EUR 30 000 000 000 under a general mandate, of which an amount of up to EUR
Amendment 25 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point b Decision No 466/2014/EU 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 and contribute to creating favourable conditions for private enterprise and investment 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. EIB financing operations shall contribute to improving market access for SMEs in Union third country partner countries and their integration into global value chains and shall further contribute to enhancing Union companies’ internationalisation and competitiveness. 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 beneficiaries;
Amendment 26 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point b Decision No 466/2014/EU 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 beneficiaries’; The EIB shall endeavour to identify the obstacles preventing SMEs from accessing finance and to resolve this situation.
Amendment 27 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point b Decision No 466/2014/EU Article 3 – paragraph 5 – subparagraph 1 ‘To ensure that private sector investments have the greatest development impact, the EIB shall en
Amendment 28 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point b a (new) Decision 466/2014/EU Article 3 – paragraph 6 (ba) Article 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,
Amendment 29 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision 466/2014/EU Article 3 – paragraph 7 – subparagraph 3 Over the period covered by this decision, the EIB should
Amendment 30 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision 466/2014/EU Article 3 – paragraph 7 – subparagraph 4 a (new) EIB operations should inter alia integrate concrete actions to phase out financing projects detrimental to the achievement of Union's climate objectives and step up efforts to support renewable energy sources and energy efficiency.
Amendment 31 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision No 466/2014/EU Article 5 – paragraph 8 EIB financing operations supporting the general objectives set out in point (d) of paragraph 1 shall back investment projects that address root causes of the migration and contribute to long-term economic resilience and safeguard sustainable development in beneficiary countries. EIB financing operations shall, in particular, address increased needs for infrastructure
Amendment 32 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision No 466/2014/EU Article 3 – paragraph 8 EIB financing operations supporting the general objectives set out in point (d) of paragraph 1 shall back investment projects that address root causes of the migration and contribute to long-term economic resilience and safeguard sustainable development in beneficiary countries while ensuring compliance with the SDGs. EIB financing operations shall, in particular,
Amendment 33 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision No 466/2014/EU Article 3 – paragraph 8 – point b (b) the public sector, including municipalities and public sector entities, in terms of infrastructure and services, and particularly for health care and with special facilities for children, for sanitation services and school education, to address significantly increased needs.
Amendment 34 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c a (new) Decision 466/2014/EU Article 3 – paragraph 8 a (new) 8a. The EIB shall ensure that companies participating in projects cofinanced by the EIB shall be required to adhere to the principle of equal pay and pay transparency and to the principle of gender equality as set out in Directive 2006/54/EC of the European Parliament and of the Council1a EIB decisions on project financing shall take into account action by candidate companies in the field of corporate social responsibility; ______________ 1a Directive 2006/54/EC of the European Parliament and of the Council1a of 5 June 2006 on the implementation of the principle of equal opportunities and equal treatment of men and women in matters of employment and occupation (OJ L 204, 26.7.2006, p. 23).
Amendment 35 #
Proposal for a decision Article 1 – paragraph 1 – point 5 – point a Decision No 466/2014/EU Article 11 – paragraph 1 – point b (b) Indicators for projects providing strategic response addressing root causes of migration shall be developed by the EIB
Amendment 36 #
Proposal for a decision Article 1 – paragraph 1 – point 5 – point a a (new) Decision 466/2014/EU Article 11 – paragraph 1 – point c (aa) point (c) is amended as follows: "(c) an assessment of the contribution of EIB financing operations to the fulfilment of Union external policy and strategic objectives
Amendment 37 #
Proposal for a decision Article 1 – paragraph 1 – point 5 – point a a (new) Decision No 466/2014/EU Article 11 – paragraph 1 – point c (aa) Article 11, paragraph 1(c) is amended as follows: (c) an assessment of the contribution of EIB financing operations to the fulfilment of Union external policy and strategic objectives and of their coherence with other EU policies, taking into account the regional technical operational guidelines referred to in Article 5;
Amendment 38 #
Proposal for a decision Article 1 – paragraph 1 – point 5 a (new) Decision No 466/2014/EU Article 11 – paragraph 2 Amendment 39 #
Proposal for a decision Article 1 – paragraph 1 – point 6 Decision No 466/2014/EU Article 20 Amendment 40 #
Proposal for a decision Annex I – point B – point ii (ii) Eastern Europe, Southern Caucasus and Russia: EUR
Amendment 42 #
Proposal for a decision Annex I – point C a (new) Ca. Sub-Saharan Africa: EUR 2 000 000 000
Amendment 43 #
Proposal for a decision Annex III – point C a (new) Amendment 45 #
Proposal for a decision Annex III – point D – paragraph 2 source: 599.616
2017/02/21
AFET
51 amendments...
Amendment 22 #
Proposal for a decision Recital 1 (1) The international community faces an unprecedented
Amendment 23 #
Proposal for a decision Recital 9 (9) In order to allow the ELM to
Amendment 24 #
Proposal for a decision Recital 9 (9) In order to allow the ELM to respond to potential upcoming challenges and Union priorities, as well as to provide a strategic response
Amendment 25 #
Proposal for a decision Recital 9 a (new) (9 a) While addressing root causes of the migration and refugee crisis is paramount, that should not come at the cost of policies in other areas of key strategic priority as outlined in the EU Global Strategy.
Amendment 26 #
Proposal for a decision Recital 10 (10) Under the new private sector lending mandate, the maximum amount of EUR 2 300 000 000 should be dedicated to projects
Amendment 27 #
Proposal for a decision Recital 11 (11)
Amendment 28 #
Proposal for a decision Recital 11 (11) Addressing root causes of migration should be added as a new objective of the mandate and should be pursued in full compliance with Article 21 of the Treaty on European Union (TEU), including with regard to the protection of human rights, labour rights and gender equality.
Amendment 29 #
Proposal for a decision Recital 12 (12) Complementarity and coordination with Union initiatives
Amendment 30 #
Proposal for a decision Recital 13 (13) Following the Paris Agreement adopted under the United Nations Framework Convention on Climate Change4 , the EIB should aim to
Amendment 31 #
Proposal for a decision Recital 15 (15)
Amendment 32 #
Proposal for a decision Recital 15 (15) The EIB should develop and implement a set of indicators in its Results Measurement framework for projects in the public sector and in the private sector directed to refugees and host communities. Therefore, an assessment of the contribution of EIB financing operations addressing root causes of migration should be included in the Commission's annual reporting to the European Parliament and to the Council on EIB financing operations. Appropriate access to information for the institutions of the Union and for the general public should be improved, particularly with regard to results, evaluations and impact appraisals of projects, the system of contracts and subcontracts, and economic feasibility studies.
Amendment 33 #
Proposal for a decision Recital 16 a (new) (16 a) Particular attention should be given to the operators in each country to whom the above amounts are allocated, as it is very likely that they will be given to corrupt politicians of the countries where the investments will be made and end up in their bank accounts instead of being used for the purpose for which they were originally allocated.
Amendment 34 #
Proposal for a decision Recital 17 (17) The list of eligible regions and countries and potentially eligible regions and countries should be modified in order to exclude high income countries with high credit rating (Brunei, Iceland,
Amendment 35 #
Proposal for a decision Article 1 – paragraph 1 – point 1 Decision No 466/2014/EU Article 2 – paragraph 1 – subparagraph 1 The maximum ceiling of the EIB financing operations under EU guarantee throughout the period 2014-20 shall not exceed EUR 3
Amendment 36 #
Proposal for a decision Article 1 – paragraph 1 – point 1 Decision No 466/2014/EU Article 2 – paragraph 1 – subparagraph 1 The maximum ceiling of the EIB financing operations under EU guarantee throughout the period 2014-20 shall not exceed EUR 3
Amendment 37 #
Proposal for a decision Article 1 – paragraph 1 – point 1 Decision No 466/2014/EU Article 2 – paragraph 1 – subparagraph 2 - point a (a) a maximum amount of EUR 3
Amendment 38 #
Proposal for a decision Article 1 – paragraph 1 – point 1 Decision No 466/2014/EU Article 2 – paragraph 1 – subparagraph 2 - point a (a) a maximum amount of EUR 3
Amendment 39 #
Proposal for a decision Article 1 – paragraph 1 – point 1 Decision 466/2014/EU Article 2 – paragraph 2 2. The maximum amounts under the general mandate and the private sector lending mandate referred to in paragraph 1 shall be broken down into regional ceilings and sub-ceilings as laid down in Annex I, following reprioritisation, ensuring that the increased ELM is distributed between European Neighbourhood countries (East and South) and the Western Balkans. Given the decision of the European Parliament to halt EU pre-accession talks with Turkey and the increased needs of the Mediterranean countries as a result of the many regional crises, part of the financing for Turkey is to be distributed to projects in the Mediterranean. Within the regional ceilings, the EIB shall progressively ensure a balanced country distribution within the regions covered by the EU guarantee.';
Amendment 40 #
Proposal for a decision Article 1 – paragraph 1 – point 1 Decision 466/2014/EU Article 2 – paragraph 2 2. The maximum amounts under the general mandate and the private sector lending mandate referred to in paragraph 1 shall be broken down into regional ceilings and sub-ceilings as laid down in Annex I. Within the regional ceilings, the EIB shall progressively ensure a balanced country distribution within the regions covered by the EU guarantee. Private sector lending shall expressly ensure the development of the local private sector, in particular by support to small and medium-sized enterprises (SMEs) and by the development of socio-economic infrastructure.';
Amendment 41 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point a Decision No 466/2014/EU Article 3 – paragraph 1 – point d (d) strategic response to addressing r
Amendment 42 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point b Decision 466/2014/EU 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. The EIB shall allow more risk- taking, flexibility and a development approach as well as enabling accurate impact measurements. 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 beneficiaries';
Amendment 43 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision 466/2014/EU Article 3 – paragraph 7 – subparagraph 1 EIB financing operations supporting the general objectives set out in point (c) of paragraph 1 shall back investment projects in climate change mitigation and adaptation that contribute to the overall objectives of the United Nations Framework Convention on Climate Change and of the Paris Agreement adopted under that Convention, in particular by avoiding or reducing greenhouse gas emissions and reducing the carbon footprint in the areas of renewable energy, energy efficiency and sustainable transport, or by increasing resilience to the adverse impacts of climate change on vulnerable countries, sectors and communities.
Amendment 44 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision 466/2014/EU Article 3 – paragraph 8 – subparagraph 1 EIB financing operations supporting the general objectives set out in point (d) of paragraph 1 shall back investment projects that contribute to addressing root causes of
Amendment 45 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision 466/2014/EU Article 3 – paragraph 8 – subparagraph 1 EIB financing operations supporting the general objectives set out in point (d) of paragraph 1 shall back investment projects that address root causes of the migration and contribute to long-term economic resilience and safeguard sustainable socio- economic development in beneficiary countries. EIB financing operations shall, in particular, address increased needs for infrastructure and related services to cater for the migrants influx, and boost employment opportunities for host and refugee communities to foster economic integration and enable refugees to become self-reliant.
Amendment 46 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision 466/2014/EU Article 3 – paragraph 8 - subparagraph 2 – point a (a) the local private sector in the areas of SMEs, corporate finance and microfinance;
Amendment 47 #
Proposal for a decision Article 1 – paragraph 1 – point 3 a (new) Decision No 466/2014/EU Article 9 – paragraph 1 (3 a) Article 9(1) is amended as follows: "1. The EIB shall carry out thorough due diligence and
Amendment 48 #
Proposal for a decision Article 1 – paragraph 1 – point 3 b (new) Decision No 466/2014/EU Article 9 – paragraph 3 (3 b) Article 9(3) is amended as follows: "3. The EIB monitoring shall
Amendment 49 #
Proposal for a decision Article 1 – paragraph 1 – point 5 – point -a (new) Decision No 466/2014/EU Article 11 – paragraph 1 – point b (-a) Article 11(1)(b) is amended as follows: "an assessment of the added value, the estimated outputs, outcomes and development impact of EIB financing operations at an aggregated basis, drawing on the EIB's Results Measurement framework annual report. To that effect, the EIB shall use performance indicators in relation to development, environmental and social aspects, including
Amendment 50 #
Proposal for a decision Article 1 – paragraph 1 – point 5 – point a Decision No 466/2014/EU Article 11 – paragraph 1 – point b (b) Indicators for projects providing strategic response addressing root causes of migration shall be developed by the EIB
Amendment 51 #
Proposal for a decision Article 1 – paragraph 1 – point 5 – point a a (new) Decision No 466/2014/EU Article 11 – paragraph 1– point c (a a) Article 11(1)(c) is amended as follows: "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;
Amendment 52 #
Proposal for a decision Article 1 – paragraph 1 – point 5 – point a a (new) Decision No 466/2014/EU Article 11 – paragraph 1 – point e (a a) Article 11(1)(e) is amended as follows: "an assessment of the quality of EIB financing operations, in particular, the extent to which the EIB has taken into account environmental and social sustainability in the due diligence and monitoring of the investment projects financed
Amendment 53 #
Proposal for a decision Article 1 – paragraph 1 – point 5 a (new) Decision No 466/2014/EU Article 13 (5 a) Article 13 is amended as follows: "In its financing operations, the EIB shall not tolerate any activities carried out for illegal purposes, including money laundering, financing of terrorism, tax fraud and tax evasion, corruption, and fraud affecting the financial interests of the Union. In particular the EIB shall not participate in any financing operation implemented in an eligible country through a foreign vehicle located in a non- cooperative jurisdiction identified as such by the Union, the United Nations, the Organisation for Economic Cooperation and Development or the Financial Action Task Force. 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
Amendment 54 #
Proposal for a decision Annex I – point A A. Pre-accession countries: EUR
Amendment 55 #
Proposal for a decision Annex I – point B – introductory part B. Neighbourhood and Partnership countries: EUR 18
Amendment 56 #
Proposal for a decision Annex I – point B – introductory part B. Neighbourhood and Partnership countries: EUR
Amendment 57 #
Proposal for a decision Annex I – point B – introductory part B. Neighbourhood and Partnership countries: EUR
Amendment 58 #
Proposal for a decision Annex I – point B – point i (i) Mediterranean countries: EUR 1
Amendment 59 #
Proposal for a decision Annex I – point B – point i (i) Mediterranean countries: EUR 1
Amendment 60 #
Proposal for a decision Annex I – point B – point ii (ii) Eastern Europe, Southern Caucasus and Russia: EUR
Amendment 61 #
Proposal for a decision Annex I – point B – point ii (ii) Eastern Europe, Southern Caucasus and Russia: EUR 6
Amendment 62 #
Proposal for a decision Annex I – point B – point ii (ii) Eastern Europe, Southern Caucasus and Russia: EUR
Amendment 63 #
Proposal for a decision Annex I – point C – introductory part C. Asia and Latin America: EUR
Amendment 64 #
Proposal for a decision Annex I – point C – introductory part C. Asia and Latin America: EUR 3
Amendment 65 #
Proposal for a decision Annex I – point C – point i (i) Latin America: EUR 2
Amendment 66 #
Proposal for a decision Annex I – point C – point i (i) Latin America: EUR
Amendment 68 #
Proposal for a decision Annex I – point C – point ii (ii) Asia: EUR
Amendment 69 #
Proposal for a decision Annex I – point C – point iii (iii) Central Asia: EUR
Amendment 70 #
Proposal for a decision Annex I – point C – point iii (iii) Central Asia: EUR
Amendment 71 #
Proposal for a decision Annex I – point D – paragraph 1 South Africa: EUR
Amendment 72 #
Proposal for a decision Annex I – point D – paragraph 1 South Africa: EUR 4
source: 599.635
2017/03/02
ENVI
41 amendments...
Amendment 10 #
Proposal for a decision Recital 5 (5) Complementarity of EIB Resilience Initiative with the other components of the EIP is to be ensured through the Strategic Board of the European Fund for Sustainable Development
Amendment 11 #
Proposal for a decision Recital 8 (8) In accordance with Article 19 of Decision No 466/2014/EU, the Commission, in cooperation with the EIB, prepared a mid-term review report evaluating the application of that Decision based on an
Amendment 12 #
Proposal for a decision Recital 9 (9) In order to allow the ELM to respond to potential upcoming challenges and Union priorities, as well as to provide a strategic response addressing root causes of migration, the maximum ceiling for the EIB financing operations under the EU guarantee should be increased to EUR 32 300 000 000 by releasing the optional additional amount of EUR 3 000 000 000. Under the general mandate, the amount of EUR 1 400 000 000 should be earmarked for projects in the public sector directed to refugees and host communities in crisis affected areas in order to prevent those refugees from migrating to Europe, with all the risks that would entail.
Amendment 13 #
Proposal for a decision Recital 9 (9) In order to allow the ELM to respond to potential upcoming challenges and Union priorities, as well as to provide a strategic response addressing root causes of migration, the maximum ceiling for the EIB financing operations under the EU guarantee should be
Amendment 14 #
Proposal for a decision Recital 10 (10) Under the new private sector lending mandate, the maximum amount of EUR 2 300 000 000 should be dedicated to projects addressing root causes of migration within the maximum
Amendment 15 #
Proposal for a decision Recital 11 (11) Addressing root causes of migration to avoid, in particular, human tragedies in the Mediterranean should be added as a new objective of the mandate.
Amendment 16 #
Proposal for a decision Recital 12 (12) Complementarity and coordination with
Amendment 17 #
Proposal for a decision Recital 13 (13) Following the Paris Agreement adopted under the United Nations Framework Convention on Climate Change4 , the EIB should aim to sustain 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 addition, the EIB should work to phase out the financing of projects that do not contribute to the Union's climate objectives and the transition to a low- carbon economy. _________________ 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 18 #
Proposal for a decision Recital 13 (13) Following the Paris Agreement adopted under the United Nations Framework Convention on Climate Change4
Amendment 19 #
Proposal for a decision Recital 15 (15) The EIB should develop and implement a set of indicators in its Results Measurement framework for projects in the public sector and in the private sector directed to refugees and host communities. These indicators should include the ability to prevent members of the workforce from leaving their countries of origin in the areas concerned. Therefore, an assessment of the contribution of EIB financing operations addressing root causes of migration should be included in the Commission's annual reporting to the European Parliament and to the Council on EIB financing operations.
Amendment 20 #
Proposal for a decision Recital 16 Amendment 21 #
Proposal for a decision Recital 17 (17) The list of eligible regions and countries and potentially eligible regions and countries should be modified in order to exclude high income countries with high credit rating (Brunei, Iceland,
Amendment 22 #
Proposal for a decision Article 1 – paragraph 1 – point 1 Decision No 466/2014/EU Article 2 – paragraph 1 – introductory part The maximum ceiling of the EIB financing operations under EU guarantee throughout the period 2014-20 shall not exceed EUR 3
Amendment 23 #
Proposal for a decision Article 1 – paragraph 1 – point 1 Decision No 466/2014/EU Article 2 – paragraph 1 – point b (b)
Amendment 24 #
Proposal for a decision Article 1 – paragraph 1 – point 1 Decision No 466/2014/EU Article 2 – paragraph 2 2. The maximum amounts under the general mandate and the private sector lending mandate referred to in paragraph 1 shall be broken down into regional ceilings and sub-ceilings as laid down in Annex I. Within the regional ceilings, the EIB shall progressively ensure a balanced country distribution within the regions covered by the EU guarantee
Amendment 25 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point a a (new) Decision No 466/2014/EU Article 3 – paragraph 3a (new) (a a) After paragraph 3, the following paragraph is added: 3a. Addressing the root causes of migration shall be an underlying objective for EIB financing operations within areas covered by the general objectives set out in paragraph 1. EIB financing operations supporting that objective shall back investment projects that contribute to long term economic resilience and safeguard sustainable development in beneficiary countries.
Amendment 26 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point b Decision No 466/2014/EU Article 3 – paragraph 5 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 beneficiaries; the EIB shall at the same time try to ensure that members of the workforce who might otherwise migrate to Europe remain in their countries;
Amendment 27 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point b b (new) Decision No 466/2014/EU Article 3 – paragraph 6 (b b) 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 systems transformation enabling a switch to lower carbon intensive technologies and fuels, sustainable energy security and energy infrastructure, including for
Amendment 28 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision No 466/2014/EU Article 3 – paragraph 7 – subparagraph 1 EIB financing operations supporting the general objectives set out in point (c) of paragraph 1 of this Decision shall back investment projects in climate change mitigation and adaptation that contribute to the overall objectives of the United Nations Framework Convention on Climate Change and of the Paris Agreement adopted under that Convention, as referred to in Article 9 of that agreement, in particular by avoiding or reducing greenhouse gas emissions in the areas of renewable energy, energy efficiency and sustainable transport, or by increasing resilience to the adverse impacts of climate change on vulnerable countries, sectors and communities. The provision of such scaled-up financial contribution by EIB shall aim to achieve a balance between mitigation and adaptation taking in due account country-driven strategies, priorities and needs of developing countries.
Amendment 29 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision No 466/2014/EU Article 3 – paragraph 7 – subparagraph 1 EIB financing operations supporting the general objectives set out in point (c) of paragraph 1 shall back investment projects in climate change mitigation and adaptation that contribute to the overall objectives of the United Nations Framework Convention on Climate Change and of the Paris Agreement adopted under that Convention, in particular by avoiding or reducing greenhouse gas emissions in the areas of renewable energy, energy efficiency and sustainable transport, or by increasing resilience to the adverse impacts of climate change on vulnerable countries, sectors and communities. All these provisions shall be taken in conjunction with the local authorities in the countries concerned whenever a project receives financing.
Amendment 30 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision No 466/2014/EU Article 3 – paragraph 7 – subparagraph 2 The eligibility criteria for climate action projects are defined in the EIB climate change strategy5 updated in 2015. On the basis of the methodologies for the assessment of project greenhouse gas emissions and emission variations drawn up by the EIB, an analysis of the carbon footprint, safeguarding sustainable food improvement of the concerned beneficiary population, shall be included in the environmental assessment procedure to determine whether project proposals optimise energy-efficiency improvements. _________________ 5 'EIB Climate Strategy – Mobilising finance for the transition to a low-carbon and climate-resilient economy' adopted by the EIB on the 22nd of September 2015.
Amendment 31 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision No 466/2014/EU 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, while the minimum volume of those operations shall represent at least 25 % of the total EIB financing operations, unless there is a substantial worsening of the migrant crisis in Europe.
Amendment 32 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision No 466/2014/EU 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, while the minimum volume of those operations shall represent at least 25 % of the total EIB financing operations, and 35 % of the total EIB lending under the ELM and in developing countries.
Amendment 33 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision No 466/2014/EU Article 3 – paragraph 7 – subparagraph 3 Over the period covered by this decision, the EIB should endeavour to sustain
Amendment 34 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision No 466/2014/EU Article 3 – paragraph 8 – subparagraph 1 EIB financing operations supporting the general objectives set out in point (d) of paragraph 1 shall
Amendment 35 #
Proposal for a decision Article 1 – paragraph 1 – point 2 – point c Decision No 466/2014/EU Article 3 – paragraph 8 – subparagraph 1 EIB financing operations supporting the general objectives set out in point (d) of paragraph 1 shall back investment projects that address root causes of the migration and contribute to long-term economic resilience and safeguard sustainable development in beneficiary countries. EIB financing operations shall, in particular, address increased needs for infrastructure and related services to
Amendment 36 #
Proposal for a decision Article 1 – paragraph 1 – point 3 Decision No 466/2014/EU Article 8 – paragraph 1 The Comprehensive Guarantee shall
Amendment 37 #
Proposal for a decision Article 1 – paragraph 1 – point 5 – point a Decision No 466/2014/EU Article 11 – paragraph 1 Amendment 38 #
Proposal for a decision Annex I – point D – paragraph 2 Within the overall fixed ceiling, the EIB governing bodies may decide, after consulting the
Amendment 39 #
Proposal for a decision Annex II – point A – point 1 – paragraph 2 Albania, former Yugoslav Republic of Macedonia, Montenegro, Serbia
Amendment 40 #
Proposal for a decision Annex II – point A – point 2 – paragraph 2 Bosnia and Herzegovina
Amendment 41 #
Proposal for a decision Annex II – point C – point 1 – paragraph 2 Amendment 42 #
Proposal for a decision Annex II – point C – point 2 – paragraph 2 Afghanistan, Bangladesh, Bhutan, Cambodia, China, India, Indonesia, Iran, Iraq, Laos, Malaysia, Maldives, Mongolia, Myanmar/Burma, Nepal, Pakistan, Philippines, Sri Lanka,
Amendment 43 #
Proposal for a decision Annex III – point A – point 1 – paragraph 2 Albania, former Yugoslav Republic of Macedonia, Montenegro, Serbia
Amendment 44 #
Proposal for a decision Annex III – point A – point 2 – paragraph 2 Bosnia and Herzegovina
Amendment 45 #
Proposal for a decision Annex III – point C – point 1 – paragraph 2 Amendment 5 #
Proposal for a decision Recital 1 (1) The international community faces an unprecedented refugee crisis which requires
Amendment 6 #
(
Amendment 7 #
Proposal for a decision Recital 2 (2) A new results-oriented partnership framework with third countries which takes account of all Union policies and instruments should be developed. As part of that new partnership framework, the External Investment Plan should be established in order to support investments in regions outside the Union, while contributing to the achievement of the
Amendment 8 #
Proposal for a decision Recital 2 (2) A new results-oriented partnership framework with third countries which takes account of all Union policies and instruments should be developed. As part of that new partnership framework, the External Investment Plan should be
Amendment 9 #
Proposal for a decision Recital 4 (4) A key component of the EIB Resilience Initiative is the expansion, in both quantitative and qualitative terms, of the EIB External Lending Mandate (ELM). This should enable the EIB to rapidly contribute to the EIP's objectives, in particular by providing additional financing to private-sector beneficiaries. These objectives are the promotion of investment in the countries concerned - particularly in development - and the fight against deep-rooted causes of migration.
source: 600.962
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activities/3/committees/1/shadows/2/name |
Old
NÍ RIADA LiadhNew
BENITO ZILUAGA Xabier |
activities/4/committees/1/shadows/2/mepref |
Old
53b2de42b819f205b00000e8New
5657b0f2d1d1c53e12000000 |
activities/4/committees/1/shadows/2/name |
Old
NÍ RIADA LiadhNew
BENITO ZILUAGA Xabier |
committees/1/shadows/2/mepref |
Old
53b2de42b819f205b00000e8New
5657b0f2d1d1c53e12000000 |
committees/1/shadows/2/name |
Old
NÍ RIADA LiadhNew
BENITO ZILUAGA Xabier |
activities/7/date |
Old
2018-02-06T00:00:00New
2018-02-07T00:00:00 |
activities/7/type |
Old
Indicative plenary sitting date, 1st reading/single readingNew
Debate in plenary scheduled |
activities/8 |
|
activities/6/docs/0/title |
Old
GEDA/T/(2017)011231New
GEDA/A/(2017)011231 |
activities/0/docs/0/celexid |
CELEX:52016PC0583:EN
|
activities/0/docs/0/celexid |
CELEX:52016PC0583:EN
|
activities/6/docs/0/url |
http://www.europarl.europa.eu/RegData/commissions/budg/lcag/2017/12-01/BUDG_LA(2017)011231_EN.pdf
|
activities/6 |
|
activities/6/date |
Old
2018-01-15T00:00:00New
2018-02-06T00:00:00 |
activities/6/date |
Old
2017-12-12T00:00:00New
2018-01-15T00:00:00 |
activities/6/date |
Old
2017-10-24T00:00:00New
2017-12-12T00:00:00 |
activities/6/date |
Old
2017-10-02T00:00:00New
2017-10-24T00:00:00 |
procedure/legislative_priorities |
|
activities/6/date |
Old
2017-09-12T00:00:00New
2017-10-02T00:00:00 |
activities/4/docs/0/text |
|
activities/1/committees/1/shadows/4/group |
Old
EFDNew
ENF |
activities/1/committees/1/shadows/4/mepref |
Old
53ba8254b819f24b330001a9New
53ba83bfb819f24b330001d1 |
activities/1/committees/1/shadows/4/name |
Old
VALLI MarcoNew
ZANNI Marco |
activities/3/committees/1/shadows/4/group |
Old
EFDNew
ENF |
activities/3/committees/1/shadows/4/mepref |
Old
53ba8254b819f24b330001a9New
53ba83bfb819f24b330001d1 |
activities/3/committees/1/shadows/4/name |
Old
VALLI MarcoNew
ZANNI Marco |
activities/4/committees/1/shadows/4/group |
Old
EFDNew
ENF |
activities/4/committees/1/shadows/4/mepref |
Old
53ba8254b819f24b330001a9New
53ba83bfb819f24b330001d1 |
activities/4/committees/1/shadows/4/name |
Old
VALLI MarcoNew
ZANNI Marco |
committees/1/shadows/4/group |
Old
EFDNew
ENF |
committees/1/shadows/4/mepref |
Old
53ba8254b819f24b330001a9New
53ba83bfb819f24b330001d1 |
committees/1/shadows/4/name |
Old
VALLI MarcoNew
ZANNI Marco |
activities/5 |
|
activities/1/committees/1/shadows/4/group |
Old
ENFNew
EFD |
activities/1/committees/1/shadows/4/mepref |
Old
53ba83bfb819f24b330001d1New
53ba8254b819f24b330001a9 |
activities/1/committees/1/shadows/4/name |
Old
ZANNI MarcoNew
VALLI Marco |
activities/3/committees/1/shadows/4/group |
Old
ENFNew
EFD |
activities/3/committees/1/shadows/4/mepref |
Old
53ba83bfb819f24b330001d1New
53ba8254b819f24b330001a9 |
activities/3/committees/1/shadows/4/name |
Old
ZANNI MarcoNew
VALLI Marco |
activities/4 |
|
committees/1/shadows/4/group |
Old
ENFNew
EFD |
committees/1/shadows/4/mepref |
Old
53ba83bfb819f24b330001d1New
53ba8254b819f24b330001a9 |
committees/1/shadows/4/name |
Old
ZANNI MarcoNew
VALLI Marco |
procedure/stage_reached |
Old
Awaiting committee decisionNew
Awaiting Parliament 1st reading / single reading / budget 1st stage |
activities/2 |
|
activities/3 |
|
procedure/Modified legal basis |
Rules of Procedure of the European Parliament EP 150
|
activities/1/committees/1/committee_full |
Old
BudgetsNew
Budgets (Associated committee) |
activities/1/committees/2/committee_full |
Old
DevelopmentNew
Development (Associated committee) |
committees/1/committee_full |
Old
BudgetsNew
Budgets (Associated committee) |
committees/2/committee_full |
Old
DevelopmentNew
Development (Associated committee) |
activities/2 |
|
activities/1/committees/1/shadows/1/mepref |
Old
53b2d725b819f205b0000012New
51ec5a64b819f25752000166 |
activities/1/committees/1/shadows/1/name |
Old
ARTHUIS JeanNew
DEPREZ Gérard |
committees/1/shadows/1/mepref |
Old
53b2d725b819f205b0000012New
51ec5a64b819f25752000166 |
committees/1/shadows/1/name |
Old
ARTHUIS JeanNew
DEPREZ Gérard |
activities/1/committees/1/shadows/0 |
|
activities/1/committees/1/shadows/1 |
|
activities/1/committees/1/shadows/3 |
|
activities/1/committees/1/shadows/4 |
|
committees/1/shadows/0 |
|
committees/1/shadows/1 |
|
committees/1/shadows/3 |
|
committees/1/shadows/4 |
|
activities/0/commission/0/DG/url |
Old
http://ec.europa.eu/dgs/economy_finance/index_en.htmNew
http://ec.europa.eu/info/departments/economic-and-financial-affairs_en |
other/0/dg/url |
Old
http://ec.europa.eu/dgs/economy_finance/index_en.htmNew
http://ec.europa.eu/info/departments/economic-and-financial-affairs_en |
activities/1/committees/2/date |
2016-12-16T00:00:00
|
activities/1/committees/2/rapporteur |
|
committees/2/date |
2016-12-16T00:00:00
|
committees/2/rapporteur |
|
activities/1/committees/1/shadows |
|
committees/1/shadows |
|
activities/1/committees/0/date |
2016-12-02T00:00:00
|
activities/1/committees/0/rapporteur |
|
committees/0/date |
2016-12-02T00:00:00
|
committees/0/rapporteur |
|
activities/1/committees/5/date |
2016-10-12T00:00:00
|
activities/1/committees/5/rapporteur |
|
committees/5/date |
2016-10-12T00:00:00
|
committees/5/rapporteur |
|
activities/1/committees/4/date |
2016-10-13T00:00:00
|
activities/1/committees/4/rapporteur |
|
committees/4/date |
2016-10-13T00:00:00
|
committees/4/rapporteur |
|
activities/0/docs/0/text |
|
activities/1/committees/1/date |
2016-10-10T00:00:00
|
activities/1/committees/1/rapporteur |
|
committees/1/date |
2016-10-10T00:00:00
|
committees/1/rapporteur |
|
activities/1 |
|
procedure/dossier_of_the_committee |
BUDG/8/07896
|
procedure/stage_reached |
Old
Preparatory phase in ParliamentNew
Awaiting committee decision |
activities |
|
committees |
|
links |
|
other |
|
procedure |
|