Legal provisions of COM(2022)501 - Financial contributions to be paid by the parties to the European Development Fund (2024 ceiling, 2023 annual amount and amount of first instalment and 2025-2026 forecast)

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dossier COM(2022)501 - Financial contributions to be paid by the parties to the European Development Fund (2024 ceiling, 2023 annual amount and ...
document COM(2022)501 EN
date November 14, 2022


Article 1

The ceiling for the annual amount of the contributions to be paid by the parties to the European Development Fund (EDF) for 2024 is hereby set at EUR 1 600 000 000. It shall be divided into EUR 1 300 000 000 for the Commission and EUR 300 000 000 for the European Investment Bank (EIB).

Article 2

The annual amount of the contributions to be paid by the parties to the EDF for 2023 is hereby set at EUR 2 100 000 000. It shall be divided into EUR 1 800 000 000 for the Commission and EUR 300 000 000 for the EIB.

Article 3

The individual EDF contributions shall be paid by the parties to the EDF to the Commission and the EIB as the first instalment for 2023, in accordance with the Annex.

Article 4

An amount of EUR 42 500 000 from uncommitted or decommitted funds from projects under the 9th EDF shall be refunded by a reduction of payment against the first instalment for 2023 set out in Article 3.

Article 5

The indicative non-binding forecast for the expected annual amount of contributions for 2025 is hereby set at EUR 900 000 000 for the Commission and at EUR 9 000 000 for the EIB, and that for 2026 is hereby set at EUR 600 000 000 for the Commission and at EUR 0 for the EIB.

Article 6

This Decision shall enter into force on the date of its publication in the Official Journal of the European Union.