Legal provisions of COM(2020)639 - Financial contributions to be paid by Member States to finance the European Development Fund; the 2020 ceiling 2022, 2021 amount and first instalment and 2023-24 forecast

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dossier COM(2020)639 - Financial contributions to be paid by Member States to finance the European Development Fund; the 2020 ceiling 2022, 2021 ...
document COM(2020)639 EN
date November 13, 2020

Contents

Article 1

The ceiling for the annual amount of the Member States’ EDF contributions for 2022 is hereby set at EUR 2 800 000 000. It shall be divided into EUR 2 500 000 000 for the Commission, and EUR 300 000 000 for the EIB.

Article 2

The annual amount of the Member States’ EDF contributions for 2021 is hereby set at EUR 4 000 000 000. It shall be divided into EUR 3 700 000 000 for the Commission, and EUR 300 000 000 for the EIB.

Article 3

The individual EDF contributions to be paid by Member States to the Commission and to the EIB as the first instalment for 2021 are set out in the table in the Annex to this Decision.

Article 4

An amount of EUR 223 000 000 from uncommitted or decommitted funds from projects under the 8th EDF and the 9th EDF shall be refunded by a reduction of payment against the first instalment for 2021, as stated in Article 3.

Article 5

The indicative non-binding forecast for the expected annual amount of contributions for 2023 is hereby set at EUR 1 800 000 000 for the Commission and at EUR 300 000 000 for the EIB, and that for 2024 at EUR 1 500 000 000 for the Commission and EUR 200 000 000 for the EIB.

Article 6

This Decision shall enter into force on the date of its adoption.