(1)

In accordance with Article 46 of Regulation (EU) 2018/1877, the European Investment Bank (EIB) is to send to the Commission its updated estimates of commitments and payments under the instruments it manages.

(2)

In accordance with Article 19(3) of Regulation (EU) 2018/1877, the Commission is to present a proposal by 15 June 2024 setting out the amount of the second instalment of the contribution for 2024.

(3)

Pursuant to Article 20(1) of Regulation (EU) 2018/1877, calls for contributions are to first use up the amounts laid down for previous European Development Funds (EDF). Therefore, a call for contributions pursuant to Regulation (EU) 2018/1877 for the Commission and for the EIB should be made.

(4)

Pursuant to Article 152 of the Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community (3) (the ‘Withdrawal Agreement’), the United Kingdom of Great Britain and Northern Ireland (the ‘United Kingdom’) is to remain party to the EDF until the closure of the 11th EDF and all previous unclosed EDFs. However, pursuant to Article 153 of the Withdrawal Agreement, the United Kingdom’s share in decommitted funds from projects under the 11th EDF, where those funds have been decommitted after 31 December 2020, or under previous EDFs, is not to be reused.

(5)

Council Decision (EU) 2023/2586 (4) sets the annual amount of the contribution to be paid by the parties to the EDF for 2024 at EUR 1 200 000 000 for the Commission and at EUR 300 000 000 for the EIB.

(6)

In order to allow for the prompt application of the measures provided for in this Decision, this Decision should enter into force on the date of its publication in the Official Journal of the European Union,

(a)

for the Commission, EUR 400 000 000; and

(b)

for the European Investment Bank (EIB), EUR 100 000 000.