Legal provisions of COM(2022)455 - EU position to expand the scope of arrangements on Officially Supported Export Credits for Renewable Energy, Climate Change Mitigation and Adaptation and Water Projects

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Article 1

The position to be taken on the Union’s behalf regarding the decision of the Participants to the Arrangement on Officially Supported Export Credits on amendments to the Sector Understanding on Export Credits for Renewable Energy, Climate Change Mitigation and Adaptation, and Water Projects contained in Annex IV to the Arrangement shall be to support the amendments based on the draft consolidated version of the Climate Change Sector Understanding attached to this Decision (2).

Article 2

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