Considerations on 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)

Please note

This page contains a limited version of this dossier in the EU Monitor.

 
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
 
table>(1)In accordance with the procedure laid down in Articles 19 to 22, and in particular Article 19(2), of Regulation (EU) 2018/1877, the Commission is to present a proposal by 15 October 2022 specifying the ceiling for the amount of the contributions to be paid by the parties to the European Development Fund (EDF) for 2024, the annual amount of the contributions for 2023, the amount of the first instalment of the contributions for 2023 and an indicative, non-binding forecast for the expected annual amounts of contributions for the years 2025 and 2026.
(2)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.

(3)Pursuant to Article 20(1) of Regulation (EU) 2018/1877, calls for contributions are to first use up the amounts provided for in previous EDFs. Therefore a call for funds 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 previous EDFs are not to be reused.

(5)Council Decision (EU) 2021/1941 (4) sets the ceiling for the annual amount of the contributions to be paid by the parties to the EDF for 2023 at EUR 1 800 000 000 for the Commission and at EUR 300 000 000 for the EIB.

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