EUROPEAN COMMISSION
Brussels, 4.6.2024
COM(2024) 220 final
2024/0123(NLE)
Proposal for a
COUNCIL DECISION
on the financial contributions to be paid by the parties to the European Development Fund as a second instalment for 2024
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Document 52024PC0220
Proposal for a COUNCIL DECISION on the financial contributions to be paid by the parties to the European Development Fund as a second instalment for 2024
Proposal for a COUNCIL DECISION on the financial contributions to be paid by the parties to the European Development Fund as a second instalment for 2024
Proposal for a COUNCIL DECISION on the financial contributions to be paid by the parties to the European Development Fund as a second instalment for 2024
COM/2024/220 final
EUROPEAN COMMISSION
Brussels, 4.6.2024
COM(2024) 220 final
2024/0123(NLE)
Proposal for a
COUNCIL DECISION
on the financial contributions to be paid by the parties to the European Development Fund as a second instalment for 2024
EXPLANATORY MEMORANDUM
1.CONTEXT OF THE PROPOSAL
•Reasons for and objectives of the proposal
The proposal concerns a Council Decision on the second instalment of the financial contributions to the 11th European Development Fund to be paid by parties to the European Development Fund (‘EDF’) in 2024.
The 11th EDF and other EDF funds that are still open (the 9th and 10th EDF) are managed under the following set of rules:
(a)The Internal Agreement between the Representatives of the Governments of the Member States of the European Union, meeting within the Council, on the financing of European Union aid under the multiannual financial framework for the period 2014 to 2020, in accordance with the ACP-EU Partnership Agreement and on the allocation of financial assistance for the Overseas Countries and Territories to which Part Four of the Treaty on the Functioning of the European Union applies 1 (the 11th EDF ‘Internal Agreement’);
(b)Council Regulation (EU) 2018/1877 on the Financial Regulation applicable to the 11th European Development Fund 2 (the ‘11th EDF Financial Regulation’).
(c)Council Decision (EU) 2020/2233 concerning the commitment of the funds stemming from reflows under the ACP Investment Facility from operations under the 9th, 10th and 11th European Development Funds 3 ;
(d)Council Decision (EU) 2022/1223 4 concerning the allocation of funds de-committed from projects under the 10th and 11th European Development Funds for the purpose of financing actions addressing the food security crisis and economic shock in African, Caribbean and Pacific (ACP) countries following Russia’s war of aggression against Ukraine.
The documents referred to in points (a) to (d) contain multi-annual commitments by the parties to support the EDF treasury financially. The 11th EDF Financial Regulation provides for regular contributions to be made by the parties to the EDF treasury against pre-determined financial commitments. Regular contributions are triggered by technical Council Decisions that reflect the implementation of financial commitments previously decided.
Some of the headings in the explanatory memorandum are therefore not applicable to regular contribution calls such as this one.
2.LEGAL BASIS, SUBSIDIARITY AND PROPORTIONALITY
•Legal basis
In accordance with Article 19(3) of the 11th EDF Financial Regulation, the Council must decide on this proposal at the latest 21 calendar days following the presentation, by the European Commission acting on behalf of the European Union, of this proposal.
2024/0123 (NLE)
Proposal for a
COUNCIL DECISION
on the financial contributions to be paid by the parties to the European Development Fund as a second instalment for 2024
THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to the Internal Agreement between the Representatives of the Governments of the Member States of the European Union, meeting within the Council, on the financing of European Union aid under the multiannual financial framework for the period 2014 to 2020, in accordance with the ACP-EU Partnership Agreement and on the allocation of financial assistance for the Overseas Countries and Territories to which Part Four of the Treaty on the Functioning of the European Union applies 5 and in particular Article 7(2) in conjunction with Article 14(3) thereof,
Having regard to the Council Regulation (EU) 2018/1877 6 of 26 November 2018 on the financial regulation applicable to the 11th European Development Fund, and repealing Regulation (EU) 2015/323 7 , and in particular Article 19(3) thereof,
Having regard to the proposal from the European Commission,
Whereas:
(1)In accordance with Article 46 of Council 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 Council Regulation (EU) 2018/1877, the Commission is to present a proposal by 15 June 2024 specifying the amount of the second instalment of the contribution for 2024.
(3)Pursuant to Article 20(1) of Council Regulation (EU) 2018/1877 calls for contributions are to first use up the amounts provided for in previous European Development Funds (‘EDF’). Therefore a call for funds pursuant to Regulation (EU) 2018/1877, for the EIB and for the Commission 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 (‘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 previous EDFs are not to be reused.
(5)Council Decision (EU) 2023/2586 8 , sets the annual amount of the contribution to be paid by the parties to the EDF for 2024 at EUR 1 200 000 000 9 for the Commission, and at EUR 300 000 000 for the European Investment Bank.
(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 day of its publication in the Official Journal of the European Union,
HAS ADOPTED THIS DECISION:
Article 1
The amount of the contributions to be paid by the parties to the European Development Fund as a second instalment for 2024 is hereby set at EUR 500 000 000. It shall be divided into EUR 400 000 000 for the Commission, and EUR 100 000 000 for the EIB.
Article 2
The individual European Development Fund contributions shall be paid by the parties to the European Development Fund to the European Commission and the European Investment Bank as the second instalment for 2024, in accordance with the Annex.
Article 3
This Decision shall enter into force on the date of its publication in the Official Journal of the European Union.
Done at Brussels,
For the Council
The President
EUROPEAN COMMISSION
Brussels, 4.6.2024
COM(2024) 220 final
ANNEX
to the
Proposal for a
COUNCIL DECISION
on the financial contributions to be paid by the parties to the European Development Fund as a second instalment for 2024
ANNEX
Second instalment of EDF Contributions for 2024 (EUR)
MEMBER STATES & UK |
Key 11th EDF % |
2nd instalment 2024 (EUR) |
Total |
|
Commission |
EIB |
|||
11th EDF |
11th EDF |
|||
BELGIUM |
3,24927 |
12 997 080 |
3 249 270 |
16 246 350 |
BULGARIA |
0,21853 |
874 120 |
218 530 |
1 092 650 |
CZECHIA |
0,79745 |
3 189 800 |
797 450 |
3 987 250 |
DENMARK |
1,98045 |
7 921 800 |
1 980 450 |
9 902 250 |
GERMANY |
20,57980 |
82 319 200 |
20 579 800 |
102 899 000 |
ESTONIA |
0,08635 |
345 400 |
86 350 |
431 750 |
IRELAND |
0,94006 |
3 760 240 |
940 060 |
4 700 300 |
GREECE |
1,50735 |
6 029 400 |
1 507 350 |
7 536 750 |
SPAIN |
7,93248 |
31 729 920 |
7 932 480 |
39 662 400 |
FRANCE |
17,81269 |
71 250 760 |
17 812 690 |
89 063 450 |
CROATIA |
0,22518 |
900 720 |
225 180 |
1 125 900 |
ITALY |
12,53009 |
50 120 360 |
12 530 090 |
62 650 450 |
CYPRUS |
0,11162 |
446 480 |
111 620 |
558 100 |
LATVIA |
0,11612 |
464 480 |
116 120 |
580 600 |
LITHUANIA |
0,18077 |
723 080 |
180 770 |
903 850 |
LUXEMBOURG |
0,25509 |
1 020 360 |
255 090 |
1 275 450 |
HUNGARY |
0,61456 |
2 458 240 |
614 560 |
3 072 800 |
MALTA |
0,03801 |
152 040 |
38 010 |
190 050 |
NETHERLANDS |
4,77678 |
19 107 120 |
4 776 780 |
23 883 900 |
AUSTRIA |
2,39757 |
9 590 280 |
2 397 570 |
11 987 850 |
POLAND |
2,00734 |
8 029 360 |
2 007 340 |
10 036 700 |
PORTUGAL |
1,19679 |
4 787 160 |
1 196 790 |
5 983 950 |
ROMANIA |
0,71815 |
2 872 600 |
718 150 |
3 590 750 |
SLOVENIA |
0,22452 |
898 080 |
224 520 |
1 122 600 |
SLOVAKIA |
0,37616 |
1 504 640 |
376 160 |
1 880 800 |
FINLAND |
1,50909 |
6 036 360 |
1 509 090 |
7 545 450 |
SWEDEN |
2,93911 |
11 756 440 |
2 939 110 |
14 695 550 |
UNITED KINGDOM* |
14,67862 |
58 714 480 |
14 678 620 |
73 393 100 |
TOTAL EU-27 & UK |
100,00 |
400 000 000 |
100 000 000 |
500 000 000 |
* Further to Art. 153 of the Withdrawal Agreement, the UK formally requested in March 2023 that the Commission refunds their outstanding share of the 10th and 11th EDF reserves by netting-out the UK outstanding contribution. This netting-out will be reflected in the respective payment instructions.