amendment list, 5 June 2026
Establishing the European Competitiveness Fund ('ECF’), including the specific programme for defence research and innovation activities
Document ITRE-AM-788898 · (COM(2025)0555 – 2025/0555(COD))
Committee on Industry, Research and Energy
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Text 1,688 paragraphs
Amendment 2024
Paolo Borchia, Isabella Tovaglieri, Raffaele Stancanelli, András Gyürk
Proposal for a regulation
Article 15 – paragraph 1 – introductory part
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The work programmes may set out: | 1. Work programmes shall include a dedicated section describing how they support micro-enterprises and SMEs, which dedicated actions they foresee, and how the bonus system for SME participation referred to in Recital 81 will be implemented. This section shall, to the extent possible, include a quantitative estimate of the impact of planned actions on micro-enterprises and SMEs.The work programmes may set out: |
Or. en
Amendment 2025
Benedetta Scuderi
Proposal for a regulation
Article 15 – paragraph 1 – introductory part
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The work programmes may set out: | 1. The work programmes shall be developed in line with the Strategic Priorities Framework referred to in Article 6a, and in complementarity with the Work Programme for R&I under the Framework Programme, and shall set out: |
Or. en
Read the rest (1,676 paragraphs)
Amendment 2026
Bruno Tobback, Thomas Pellerin-Carlin, Yannis Maniatis, Daniel Attard, Nicolás González Casares
Proposal for a regulation
Article 15 – paragraph 1 – point a
| Text proposed by the Commission | Amendment |
|---|---|
| (a) actions and associated budget from ECF as well as actions set out in the specific dedicated part of the work programmes indicated in paragraph 2; | (a) actions and associated budget from ECF as well as actions set out in the specific dedicated part of the work programmes indicated in paragraph 2, following the methodology of the Competitiveness Coordination Tool (CCT), based on a transparent, evidence-based approach, grounded in assessment of competitiveness and strategic importance and investment gaps across the value chain of strategic technologies, services and products, from innovation, to production and large scale deployment, in order to identify and prioritise actions and budget needs; |
Or. en
Justification
As announced in the Competitiveness Compass, the Competitiveness Coordination Tool should have been developed in 2025; alongside this ECF regulation. However, as the tool has not been launched yet, a description of what it should encompass, based on the work in the report of the I4CE is valuable to be introduced.
Amendment 2027
Katri Kulmuni
Proposal for a regulation
Article 15 – paragraph 1 – point a a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (a a) The ECF funding shall be based on open competition. The main award criteria should be defined based on impact, quality as well as high relevance for European competitiveness. |
Or. en
Justification
Funding awarded by the Competitiveness Fund should be based on competitive calls, and theaward criteria should be clearly defined and based on impact and quality.
Amendment 2028
Yvan Verougstraete, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez, Bart Groothuis
Proposal for a regulation
Article 15 – paragraph 1 – point b
| Text proposed by the Commission | Amendment |
|---|---|
| (b) instruments and form of funding; | (b) instruments and form of funding, including blending and guarantees; |
Or. en
Amendment 2029
Radan Kanev
Proposal for a regulation
Article 15 – paragraph 1 – point b a (new)
2025/0555 (COD)
Article 15 – paragraph 1 – point b a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (b a) provisions enabling joint ‘clean technology and energy-intensive industry packages’, implemented through single or coordinated awards combining complementary components to modernise and decarbonise existing energy-intensive industrial installations through the deployment of proven clean-technology solutions, and enable the scaling of the clean technology provider and related supply chains necessary for that deployment, using the most appropriate form(s) of support and linking disbursement to verified milestones or production-linked outputs. |
Or. en
Amendment 2030
András Gyürk
Proposal for a regulation
Article 15 – paragraph 1 – point c
Proposal for a regulation
Article 15 – paragraph 1 – point c
| Text proposed by the Commission | Amendment |
|---|---|
| (c) eligibility and award criteria; | deleted |
Or. en
Amendment 2031
Dan Nica, Borys Budka, Tsvetelina Penkova
Proposal for a regulation
Article 15 – paragraph 1 – point c
| Text proposed by the Commission | Amendment |
|---|---|
| (c) eligibility and award criteria; | (c) clear, fair and inclusive eligibility and award criteria, including those aimed at geographical balance; |
Or. en
Justification
ECF resources should be equally spent in all Member States avoiding concentration only in some.
Amendment 2032
Michał Kobosko, Martin Hojsík, Ivars Ijabs, Lucia Yar, Joanna Scheuring-Wielgus, Krzysztof Śmiszek
Proposal for a regulation
Article 15 – paragraph 1 – point c
| Text proposed by the Commission | Amendment |
|---|---|
| (c) eligibility and award criteria; | (c) clear, fair and inclusive eligibility and award criteria, including those aimed at geographical balance; |
Or. en
Amendment 2033
Yvan Verougstraete, Stine Bosse, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez
Proposal for a regulation
Article 15 – paragraph 1 – point c
| Text proposed by the Commission | Amendment |
|---|---|
| (c) eligibility and award criteria; | (c) additional eligibility and award criteria to the ones in article 9 and 9a, or specify those; |
Or. en
Amendment 2034
Jörgen Warborn, Tomas Tobé
Proposal for a regulation
Article 15 – paragraph 1 – point c
| Text proposed by the Commission | Amendment |
|---|---|
| (c) eligibility and award criteria; | (c) eligibility and award excellence criteria; |
Or. sv
Amendment 2035
Nicola Procaccini, Alessandro Ciriani, Elena Donazzan, Pietro Fiocchi, Lara Magoni, Francesco Torselli, Mariateresa Vivaldini
Proposal for a regulation
Article 15 – paragraph 1 – point c a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (c a) dedicated calls or specific measures aimed at facilitating the participation and leadership of SMEs, start-ups, scale-ups and first-time applicants |
Or. en
Amendment 2036
Benedetta Scuderi
Proposal for a regulation
Article 15 – paragraph 1 – point c a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (c a) activities that are eligible to increased funding rate or bonuses when achieving multiple specific objectives; |
Or. en
Amendment 2037
Benedetta Scuderi
Proposal for a regulation
Article 15 – paragraph 1 – point c b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (c b) measurable objectives and the corresponding expected results, expressed by reference to quantitative targets and, where applicable, output, result and impact indicators consistent with the Performance Regulation; |
Or. en
Amendment 2038
Paulo Cunha, Paulo do Nascimento Cabral
Proposal for a regulation
Article 15 – paragraph 1 – point d
| Text proposed by the Commission | Amendment |
|---|---|
| (d) a single co-financing rate per action for actual cost grants; | (d) a single co-financing rate per action for actual cost grants. For actions implemented in the outermost regions, the minimum EU co-financing rate shall be 85% ; |
Or. en
Amendment 2039
Dario Nardella, Stefano Bonaccini, Cristina Maestre, Maria Grapini, Giorgio Gori, Claire Fita
Proposal for a regulation
Article 15 – paragraph 1 – point d
| Text proposed by the Commission | Amendment |
|---|---|
| (d) a single co-financing rate per action for actual cost grants; | (d) co-financing rates per action for actual cost grants; |
Or. en
Justification
The establishment of differentiated co-financing rates based on the type and size of operator is essential to guarantee equitable access to Union funding and to ensure that all eligible entities, including smaller operators, are able to participate effectively in ECF-supported actions.
Amendment 2040
Nicola Procaccini, Carlo Fidanza, Alessandro Ciriani, Elena Donazzan, Pietro Fiocchi, Lara Magoni, Francesco Torselli, Mariateresa Vivaldini
Proposal for a regulation
Article 15 – paragraph 1 – point d
| Text proposed by the Commission | Amendment |
|---|---|
| (d) a single co-financing rate per action for actual cost grants; | (d) co-financing rates per action for actual cost grants; |
Or. en
Amendment 2041
Marc Botenga
Proposal for a regulation
Article 15 – paragraph 1 – point e
| Text proposed by the Commission | Amendment |
|---|---|
| (e) actions to which the Mutual Insurance Mechanism under Regulation (EU) [XXX] [Horizon Europe] applies; | deleted |
Or. en
Amendment 2042
Yvan Verougstraete, Stine Bosse, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez, Bart Groothuis
Proposal for a regulation
Article 15 – paragraph 1 – point f
| Text proposed by the Commission | Amendment |
|---|---|
| (f) rules applicable to actions concerning more than one specific objective; | (f) rules applicable to actions concerning more than one specific objective, including where those objectives fall in more than one window; |
Or. en
Amendment 2043
Jana Nagyová, Ondřej Knotek, Tomáš Kubín, Klara Dostalova, Afroditi Latinopoulou, Anna Bryłka
Proposal for a regulation
Article 15 – paragraph 1 – point h
| Text proposed by the Commission | Amendment |
|---|---|
| (h) actions which benefit from the mechanisms set out in Article 20; | (h) actions which benefit from the mechanisms set out in Article 20, and, in order to foster flexibility, responsiveness and the optimization of Europe's potential in addressing emerging needs and opportunities, actions that allow for the possibility of the inclusion of additional beneficiaries during the course of their implementation; |
Or. en
Amendment 2044
Dan Nica, Borys Budka, Tsvetelina Penkova
Proposal for a regulation
Article 15 – paragraph 1 – point h
| Text proposed by the Commission | Amendment |
|---|---|
| (h) actions which benefit from the mechanisms set out in Article 20; | (h) actions which benefit from the mechanisms set out in Article 20 and, in order to foster flexibility, responsiveness and the optimization of Europe's potential in addressing emerging needs and opportunities, actions that allow for the possibility of the inclusion of additional beneficiaries during the course of their implementation; |
Or. en
Justification
A more flexible approach is needed to create a real added value for the EU industry.
Amendment 2045
Dimitris Tsiodras
Proposal for a regulation
Article 15 – paragraph 1 – point h
| Text proposed by the Commission | Amendment |
|---|---|
| (h) actions which benefit from the mechanisms set out in Article 20; | (h) actions which benefit from the mechanisms set out in Article 20, and in order to foster flexibility, responsiveness and the optimisation of Europe's potential in addressing emerging needs and opportunities, actions that allow for the possibility of the inclusion of additional beneficiaries during the course of their implementation; |
Or. en
Amendment 2046
Nicola Procaccini, Carlo Fidanza, Alessandro Ciriani, Elena Donazzan, Pietro Fiocchi, Lara Magoni, Francesco Torselli, Mariateresa Vivaldini
Proposal for a regulation
Article 15 – paragraph 1 – point h a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (h a) the principle of technological neutrality, ensuring that award procedures shall not exclude or disadvantage a priori any clean, low-carbon or net-zero technology, including nuclear energy, carbon capture, utilisation and storage (CCUS), low-carbon hydrogen, biofuels, biomethane, e-fuels and other sustainable fuels, energy storage and grid technologies, allowing different technological pathways to compete on equal terms, provided they contribute to the general and specific objectives of this Regulation. |
Or. en
Amendment 2047
Nicolás González Casares, Mohammed Chahim, Elena Sancho Murillo, Lina Gálvez, Yannis Maniatis, Thomas Pellerin-Carlin, Annalisa Corrado, Christophe Clergeau, Bruno Tobback, Niels Fuglsang
Proposal for a regulation
Article 15 – paragraph 1 – point h a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (h a) the contribution of the actions to the Union’s climate, environmental and biodiversity objectives, including, where relevant, their consistency with decarbonisation pathways, pollution prevention, protection and restoration of ecosystems, sustainable use of natural resources, resource efficiency and circularity objectives |
Or. en
Amendment 2048
Jana Nagyová, Ondřej Knotek, Tomáš Kubín, Klara Dostalova, Afroditi Latinopoulou, Anna Bryłka
Proposal for a regulation
Article 15 – paragraph 1 – point h a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (h a) the performance framework for major actions or families of actions, including result and impact indicators, baselines and targets, in coherence with Regulation (EU) [Performance Regulation]. |
Or. en
Amendment 2049
Christophe Clergeau, Jean-Marc Germain, Romana Jerković, Kristian Vigenin, Thomas Pellerin-Carlin, Vytenis Povilas Andriukaitis
Proposal for a regulation
Article 15 – paragraph 1 – point h a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (h a) actions that support the implementation of Union legislation and the achievement of Union targets, including those related to public health and One Health approach; |
Or. en
Justification
This amendment aims to reintroduce amendments adopted in the SANT opinion
Amendment 2050
Jens Gieseke, David McAllister
Proposal for a regulation
Article 15 – paragraph 1 – point h a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (h a) clear and effective coordination mechanisms with the work programmes of other relevant Union funding instruments and programmes. |
Or. en
Amendment 2051
Yvan Verougstraete, Stine Bosse, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez, Bart Groothuis, Sophie Wilmès
Proposal for a regulation
Article 15 – paragraph 1 – point h a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (h a) the expected progression of a project and possible interfaces and forms of Union support for further stages of financing. |
Or. en
Amendment 2052
Radan Kanev
Proposal for a regulation
Article 15 – paragraph 1 – point h a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (h a) actions that support EU strategic autonomy as well as civilian and military readiness, crisis preparedness and response; |
Or. en
Amendment 2053
Jana Nagyová, Ondřej Knotek, Tomáš Kubín, Klara Dostalova, András Gyürk, Afroditi Latinopoulou, Anna Bryłka
Proposal for a regulation
Article 15 – paragraph 1 – point h b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (h b) an indicative target for the share of funding to be allocated to entities established in less-developed and transition regions, together with measures to promote the participation of such entities, including outreach activities, simplified application procedures for smaller-scale actions, and partnerships with regional innovation ecosystems. |
Or. en
Amendment 2054
Yvan Verougstraete, Stine Bosse, Grégory Allione, Christophe Grudler, Oihane Agirregoitia Martínez
Proposal for a regulation
Article 15 – paragraph 1 – point h b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (h b) actions that support the implementation of Union legislation and the achievement of Union targets, including those related to climate, environment, and public health. |
Or. en
Amendment 2055
Christophe Clergeau, Jean-Marc Germain, Romana Jerković, Kristian Vigenin, Thomas Pellerin-Carlin, Vytenis Povilas Andriukaitis
Proposal for a regulation
Article 15 – paragraph 1 – point h b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (h b) actions that support EU strategic autonomy as well as civilian and military readiness, crisis preparedness and response; |
Or. en
Justification
This amendment aims to reintroduce amendments adopted in the SANT opinion
Amendment 2056
Bart Groothuis, João Cotrim De Figueiredo, Morten Løkkegaard, Yvan Verougstraete, Sophie Wilmès, Brigitte van den Berg, Andreas Glück, Marie-Agnes Strack-Zimmermann
Proposal for a regulation
Article 15 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. As regards actions under Article 3(2), point (a), of this Regulation, the work programmes shall, where applicable, ensure that eligibility and award criteria are consistent with the prequalification and award criteria and implementing act referred to in Article 26 of Regulation 2024/1735 [NZIA]. |
Or. en
Justification
Multiple activities under the clean transition window involve net-zero technologies covered by the NZIA. Article 26 of that Regulation and its implementing act establish prequalification criteria on cybersecurity, resilience and sustainability. Without this provision, a solar PV manufacturer that fails NZIA prequalification on cybersecurity grounds could still receive ECF scale-up funding for the same product. This amendment ensures ECF work programmes are consistent with the standards the Union sets for its own clean tech. The Commission's proposed Industrial Accelerator Act reinforces this direction with resilient and cybersecure criteria. The 'where applicable' clause limits the obligation to technologies within the NZIA's scope.
Amendment 2057
Letizia Moratti, Massimiliano Salini, Fulvio Martusciello
Proposal for a regulation
Article 15 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. In order to provide transparency and predictability, the Commission shall adopt the first work programme by June 2028, including timetable of the calls for proposals, topics and indicative budget for at least the first three years. |
Or. en
Amendment 2058
Marc Botenga
Proposal for a regulation
Article 15 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. Work programmes shall give priority to actions implemented by public authorities, public enterprises, universities, public research organisations, public service providers, cooperatives and other non-profit entities. |
Or. en
Amendment 2059
Jens Gieseke, David McAllister
Proposal for a regulation
Article 15 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. The work programmes under this Regulation shall include a dedicated section on activities contributing to the objectives of EU sectoral industrial policies, together with a corresponding dedicated budget allocation |
Or. en
Amendment 2060
Elisabetta Gualmini
Proposal for a regulation
Article 15 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The work programmes under this Regulation shall integrate in a specific dedicated part collaborative research and innovation activities and their dedicated budget. | 2. The work programmes under this Regulation shall integrate in a specific dedicated part collaborative research and innovation activities and their dedicated budget. The work programmes shall include a dedicated part for the Regional, Territorial and Urban Innovation Tracks setting out actions and associated budget to support research, testing and deployment of innovative solutions at regional, territorial and local level, including urban areas, through Regional, Territorial and Urban Innovation Hubs and place-based innovation and deployment ecosystems.” |
Or. en
Amendment 2061
Benedetta Scuderi
Proposal for a regulation
Article 15 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The work programmes under this Regulation shall integrate in a specific dedicated part collaborative research and innovation activities and their dedicated budget. | 2. The work programmes under this Regulation shall integrate in separated specific dedicated parts: the activities targeting SMEs and innovative scaleups pursuant to Article 29, the activities targeting social economy entities pursuant to Article 29a, and the activities for skills pursuant to Article 30, as well as their respective dedicated budget. |
Or. en
Amendment 2062
Paolo Borchia, Isabella Tovaglieri, Raffaele Stancanelli
Proposal for a regulation
Article 15 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. Financing applications shall be designed in a manner that ensures simplicity, proportionality, legal certainty and equal access. In order to reduce administrative burden and facilitate the participation of micro-enterprises and SMEs, targeted measures shall be implemented to ensure simplified and accessible application procedures. Those measures shall include simplified, standardised and proportionate application procedures, taking into account the level of risk, the size of the beneficiary and the amount of funding requested, as well as the provision of clear guidance, adequate pre-financing arrangements, and proportionate reporting and audit requirements. In order to reduce administrative burden and facilitate participation, the implementation of the ECF shall apply the 'only once' principle, allowing beneficiaries to submit administrative and supporting documentation only once to the relevant managing or implementing authority. |
Or. en
Justification
Administrative complexity remains one of the main barriers to participation by micro-enterprises and SMEs in European programmes. The ECF must provide simplified application procedures, appropriate access thresholds, proportionate reporting requirements and faster reimbursement mechanisms. The 'only once' principle is fundamental to reducing burdens and increasing effective participation
Amendment 2063
Mirosława Nykiel, Borys Budka, Adam Jarubas, Krzysztof Hetman, Kamila Gasiuk-Pihowicz
Proposal for a regulation
Article 15 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. The work programmes adopted pursuant to this Regulation shall set out in a transparent manner: | |
| (a) the allocation of resources under the envelope referred to in Article 4(6) [new]; | |
| (b) the relevant eligibility criteria, conditions for participation or incentivising mechanisms, including those aimed at integrating entities from Member States and regions with lower research and innovation potential and limited absorption capacity into European value chains; | |
| (c) measures aimed at capacity-building, including project advisory services, preparatory support and actions for skills development. |
Or. en
Amendment 2064
Benedetta Scuderi
Proposal for a regulation
Article 15 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. The work programmes under this Regulation shall contain specific dedicated parts for each policy window, which shall specify how the related activities will contribute to close the investment gap necessary to meet the respective Union’s targets that are set out in Union legislation, including energy and climate targets, and the respective budget. | |
| They shall also include a specific dedicated part for the deployment of the EU Missions supported under the Framework Programme in the relevant thematic areas covered by the ECF policy windows. |
Or. en
Amendment 2065
Giorgio Gori, Stefano Bonaccini, Annalisa Corrado
Proposal for a regulation
Article 15 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. The work programmes shall include a dedicated part for the Regional, Territorial and Urban Innovation Tracks setting out actions and associated budget to support research, testing and deployment of innovative solutions at regional, territorial and local level, including urban areas, through Regional, Territorial and Urban Innovation Hubs and place-based innovation and deployment ecosystems. |
Or. en
Amendment 2066
Niels Flemming Hansen
Proposal for a regulation
Article 15 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. The work programmes under this Regulation shall integrate in a specific dedicated part financing applications and calls for proposals, designed to ensure simplicity, proportionality, legal certainty, and equal access. To facilitate the participation of micro-enterprises and SMEs, these measures shall include simplified, standardised, and proportionate application and reporting procedures. |
Or. en
Amendment 2067
Lina Gálvez, Elena Sancho Murillo, Nicolás González Casares, Bruno Tobback
Proposal for a regulation
Article 15 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. The work programmes under this Regulation shall describe in a specific dedicated part how they aim to support, where appropriate, investments in domestic electricity transmission networks deemed as essential to ensure that Energy Highways are not compromised, as referred to in article 33.1.(b). |
Or. en
Amendment 2068
Yvan Verougstraete, Brigitte van den Berg, Stine Bosse, Morten Løkkegaard, Christophe Grudler, Emma Wiesner, Oihane Agirregoitia Martínez, Bart Groothuis
Proposal for a regulation
Article 15 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. The work programmes shall set out specific rules dedicated to start-ups and SMEs to foster their participation in actions supported, including by promoting and facilitating the composition and participation of consortia, in particular from different Member States and across the value chain. |
Or. en
Amendment 2069
Bart Groothuis, João Cotrim De Figueiredo, Morten Løkkegaard, Yvan Verougstraete, Katri Kulmuni, Barry Andrews, Sophie Wilmès, Brigitte van den Berg, Michael McNamara, Andreas Glück, Marie-Agnes Strack-Zimmermann
Proposal for a regulation
Article 15 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. Where a European moonshot has been established in accordance with [Article 11a of Regulation (EU) XXX — Horizon Europe Regulation], the work programmes shall, where appropriate, include dedicated actions for the scale-up of technologies contributing to the moonshot objective. |
Or. en
Justification
Moonshots, as established in the Horizon Europe Regulation, are strategic frameworks that require coordinated action across multiple Union programmes. While Horizon Europe provides the research and innovation foundation, the ECF is the natural instrument for scaling results to industrial deployment. Without an explicit link in the ECF work programmes, moonshot objectives risk stalling at the pre-commercial stage. This amendment ensures that where the Union commits to a moonshot, the ECF operationalises the scale-up side of that commitment.
Amendment 2070
Niels Fuglsang, Hildegard Bentele
Proposal for a regulation
Article 15 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. EU Missions shall be programmed across all relevant policy windows of the Competitiveness Fund, ensuring that the portfolios of actions necessary to achieve their objectives are supported. |
Or. en
Amendment 2071
Nicola Procaccini, Carlo Fidanza, Alessandro Ciriani, Elena Donazzan, Pietro Fiocchi, Lara Magoni, Francesco Torselli, Mariateresa Vivaldini
Proposal for a regulation
Article 15 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. ECF funding will be allocated through open competition, following the criteria of impact and highest relevance for European competitiveness. |
Or. en
Amendment 2072
Niels Fuglsang, Hildegard Bentele
Proposal for a regulation
Article 15 – paragraph 2 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 b. To deliver on their objectives, EU Missions shall be supported through all relevant types of actions and instruments under the Competitiveness Fund, including financial and non-financial, supply- and demand-side instruments, also by promoting synergies with other EU funding programmes, national envelopes, and private investments. |
Or. en
Amendment 2073
Yvan Verougstraete, Brigitte van den Berg, Stine Bosse, Grégory Allione, Morten Løkkegaard, Christophe Grudler, Laurence Farreng, Oihane Agirregoitia Martínez
Proposal for a regulation
Article 15 – paragraph 2 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 b. The work programmes shall integrate skills development and related investment activities supporting the objectives in article 3 and their dedicated budget, ensuring coherence with the Union of Skills. |
Or. en
Amendment 2074
Niels Fuglsang, Hildegard Bentele
Proposal for a regulation
Article 15 – paragraph 2 c (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 c. EU Missions shall mobilise and coordinate a coherent portfolio of contributions and actions from all other relevant EU programmes and financial instruments, notably the budgetary support to Member States (national envelopes). |
Or. en
Amendment 2075
Yvan Verougstraete, Stine Bosse, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez, Sophie Wilmès
Proposal for a regulation
Article 15 – paragraph 2 c (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 c. The Commission may consult the Stakeholders Board, in any of its subdivisions, in the development of the work programmes. |
Or. en
Amendment 2076
Krzysztof Hetman, Adam Jarubas, Borys Budka, Kamila Gasiuk-Pihowicz, Mirosława Nykiel
Proposal for a regulation
Article 15 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. The Commission shall, by means of implementing acts, adopt the work programmes implementing the specific objectives referred to in Article 3(2), points (a), (b), (c) and (d) and for the horizontal activities in Chapter III. Those implementing acts shall be adopted in accordance with the advisory procedure referred to in Article 83(2). | deleted |
Or. en
Amendment 2077
Benedetta Scuderi
Proposal for a regulation
Article 15 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. The Commission shall, by means of implementing acts, adopt the work programmes implementing the specific objectives referred to in Article 3(2), points (a), (b), (c) and (d) and for the horizontal activities in Chapter III. Those implementing acts shall be adopted in accordance with the advisory procedure referred to in Article 83(2). | 3. The Commission shall, after having consulted stakeholders according to Article 14(11) and the appropriate Programme Committees of the Framework Programme on Horizon Europe and by means of implementing acts, adopt the work programmes implementing the specific objectives referred to in Article 3(2), points (a), (b), (c) and (d) and for the horizontal activities in Chapter III. Those implementing acts shall be adopted in accordance with the advisory procedure referred to in Article 83(2). |
Or. en
Amendment 2078
Georgiana Teodorescu
Proposal for a regulation
Article 15 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. The Commission shall, by means of implementing acts, adopt the work programmes implementing the specific objectives referred to in Article 3(2), points (a), (b), (c) and (d) and for the horizontal activities in Chapter III. Those implementing acts shall be adopted in accordance with the advisory procedure referred to in Article 83(2). | 3. The Commission is empowered to adopt delegated acts in accordance with Article 84 concerning the adoption of the work programmes implementing the specific objectives referred to in Article 3(2), and for the horizontal activities in Chapter III. |
Or. en
Justification
This amendment strengthens the democratic oversight and strategic accountability of the ECF bty requiring that work programmes be adopted through delegated acts rather than implementing acts.
Amendment 2079
Marc Botenga
Proposal for a regulation
Article 15 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. The Commission shall, by means of implementing acts, adopt the work programmes implementing the specific objectives referred to in Article 3(2), points (a), (b), (c) and (d) and for the horizontal activities in Chapter III. Those implementing acts shall be adopted in accordance with the advisory procedure referred to in Article 83(2). | 3. The Commission is empowered to adopt delegated acts according to article 84 in order to establish work programmes implementing the specific objectives referred to in Article 3(2), points (a), (b), (c) and (d) and for the horizontal activities in Chapter III. Those implementing acts shall be adopted in accordance with the advisory procedure referred to in Article 83(2). |
Or. en
Amendment 2080
Matej Tonin, Davor Ivo Stier
Proposal for a regulation
Article 15 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. The Commission shall, by means of implementing acts, adopt the work programmes implementing the specific objectives referred to in Article 3(2), points (a), (b), (c) and (d) and for the horizontal activities in Chapter III. Those implementing acts shall be adopted in accordance with the advisory procedure referred to in Article 83(2). | 3. The Commission shall, by means of delegated acts, adopt the work programmes implementing the specific objectives referred to in Article 3(2), and for the horizontal activities in Chapter III. Those delegated acts shall be adopted in accordance with the procedure referred to in Article 84. |
Or. en
Amendment 2081
Sarah Knafo
Proposal for a regulation
Article 15 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. The Commission shall, by means of implementing acts, adopt the work programmes implementing the specific objectives referred to in Article 3(2), points (a), (b), (c) and (d) and for the horizontal activities in Chapter III. Those implementing acts shall be adopted in accordance with the advisory procedure referred to in Article 83(2). | 3. The Commission shall, by means of implementing acts, adopt the work programmes implementing the specific objectives referred to in Article 3(2), points (a), (b), (c) and (d) and for the horizontal activities in Chapter III. Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 83(3). |
Or. en
Amendment 2082
Sofie Eriksson
Proposal for a regulation
Article 15 – paragraph 3 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 a. Union support shall, as a general rule, be awarded through open, transparent and competitive award procedures. The work programme shall set out in advance clear eligibility and award criteria, as well as the information necessary to ensure equal treatment of applicants. |
Or. en
Amendment 2083
Georgiana Teodorescu
Proposal for a regulation
Article 15 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. The Commission shall, by means of implementing acts, adopt the work programmes implementing the specific objectives referred to in Article 3(2), point (d) (2), (3) and (4). Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 83(3). | deleted |
Or. en
Justification
This amendment strengthens the democratic oversight and strategic accountability of the ECF bty requiring that work programmes be adopted through delegated acts rather than implementing acts.
Amendment 2084
Benedetta Scuderi
Proposal for a regulation
Article 15 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. The Commission shall, by means of implementing acts, adopt the work programmes implementing the specific objectives referred to in Article 3(2), point (d) (2), (3) and (4). Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 83(3). | deleted |
Or. en
Amendment 2085
Marc Botenga
Proposal for a regulation
Article 15 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. The Commission shall, by means of implementing acts, adopt the work programmes implementing the specific objectives referred to in Article 3(2), point (d) (2), (3) and (4). Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 83(3). | 4. The Commission is empowered to adopt delegated acts according to article 84 in order to establish work programmes implementing work programmes implementing the specific objectives referred to in Article 3(2), point (d) (2), (3) and (4). Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 83(3). |
Or. en
Amendment 2086
Krzysztof Hetman, Adam Jarubas, Borys Budka, Kamila Gasiuk-Pihowicz, Mirosława Nykiel
Proposal for a regulation
Article 15 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. The Commission shall, by means of implementing acts, adopt the work programmes implementing the specific objectives referred to in Article 3(2), point (d) (2), (3) and (4). Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 83(3). | 4. The Commission shall, by means of implementing acts, adopt work programmes implementing the specific objectives. Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 83(3). |
Or. en
Amendment 2087
Borys Budka, Danuše Nerudová, Davor Ivo Stier, Nikolina Brnjac, Eszter Lakos, Karlo Ressler, Miriam Lexmann, Adam Jarubas, Krzysztof Hetman, Kamila Gasiuk-Pihowicz, Mirosława Nykiel, Iuliu Winkler, Loránt Vincze, Andrzej Halicki, Virgil-Daniel Popescu, Inese Vaidere, Tomáš Zdechovský, Siegfried Mureşan, Ioan-Rareş Bogdan, Daniel Buda, Gheorghe Falcă, Adina Vălean, Romana Tomc, Jan Farský, Rasa Juknevičienė, Andrey Kovatchev, Andrey Novakov, Ilia Lazarov, Eva Maydell, Sandra Kalniete
Proposal for a regulation
Article 15 – paragraph 4 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 4 a. The work programme shall lay down rules for dealing with proposals of equal merit (ex aequo), including weighting factors relating to geographical diversity and the participation of partners from less developed innovation and competitiveness regions as tie-breaking elements. The work programmes shall include specific calls enabling first-time applicants, less experienced applicants and entities from less developed innovation and competitiveness regions to join existing consortia under Chapters IV to VII, including, where appropriate, the possibility to add additional beneficiaries during project implementation in order to enhance flexibility, responsiveness and Union-wide impact. |
Or. en
Amendment 2088
Nicola Procaccini, Alessandro Ciriani, Elena Donazzan, Pietro Fiocchi, Lara Magoni, Francesco Torselli, Mariateresa Vivaldini
Proposal for a regulation
Article 15 – paragraph 4 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 4 a. In order to provide transparency and predictability, the Commission shall adopt the first work programme by June 2028, including timetable of the calls for proposals, topics and indicative budget for at least the first three years. |
Or. en
Amendment 2089
Marc Botenga
Proposal for a regulation
Article 15 – paragraph 4 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 4 a. Where two actions are equivalent in quality, preference shall be given to the action with greater public ownership, public control, open access, shared intellectual property rights and social return. |
Or. en
Amendment 2090
Yvan Verougstraete, Christophe Grudler, Oihane Agirregoitia Martínez
Proposal for a regulation
Article 15 – paragraph 5
| Text proposed by the Commission | Amendment |
|---|---|
| 5. On duly justified imperative grounds of urgency relating to the fact that a work programme has not been adopted by October 1 of the year preceding the year of budget implementation, the Commission shall adopt the work programme by means of immediately applicable implementing acts in accordance with the procedure referred to in Article 83(4) and not later than October 15 of the year preceding the year of budget implementation. Those implementing acts shall remain in force for the period of budget implementation. | deleted |
Or. en
Amendment 2091
Sarah Knafo
Proposal for a regulation
Article 15 – paragraph 5
| Text proposed by the Commission | Amendment |
|---|---|
| 5. On duly justified imperative grounds of urgency relating to the fact that a work programme has not been adopted by October 1 of the year preceding the year of budget implementation, the Commission shall adopt the work programme by means of immediately applicable implementing acts in accordance with the procedure referred to in Article 83(4) and not later than October 15 of the year preceding the year of budget implementation. Those implementing acts shall remain in force for the period of budget implementation. | deleted |
Or. en
Amendment 2092
Marc Botenga
Proposal for a regulation
Article 15 – paragraph 5
| Text proposed by the Commission | Amendment |
|---|---|
| 5. On duly justified imperative grounds of urgency relating to the fact that a work programme has not been adopted by October 1 of the year preceding the year of budget implementation, the Commission shall adopt the work programme by means of immediately applicable implementing acts in accordance with the procedure referred to in Article 83(4) and not later than October 15 of the year preceding the year of budget implementation. Those implementing acts shall remain in force for the period of budget implementation. | deleted |
Or. en
Amendment 2093
Marc Botenga
Proposal for a regulation
Article 15 – paragraph 6
| Text proposed by the Commission | Amendment |
|---|---|
| 6. On duly justified imperative grounds of urgency relating to the need for an immediate reaction to a crisis or other similar exceptional and duly substantiated emergencies, the Commission may adopt a work programme by means of immediately applicable implementing acts in accordance with the procedure referred to in Article 83(4). | deleted |
Or. en
Amendment 2094
Diana Iovanovici Şoşoacă
Proposal for a regulation
Article 15 – paragraph 6
| Text proposed by the Commission | Amendment |
|---|---|
| 6. On duly justified imperative grounds of urgency relating to the need for an immediate reaction to a crisis or other similar exceptional and duly substantiated emergencies, the Commission may adopt a work programme by means of immediately applicable implementing acts in accordance with the procedure referred to in Article 83(4). | 6. On duly justified imperative grounds of urgency relating to the need for an immediate reaction to a crisis or other similar exceptional and duly substantiated emergencies, the Commission may adopt a work programme by means of immediately applicable implementing acts in accordance with the procedure referred to in Article 83(4), provided that the Parliament and Council are informed, that the two institutions adopt decisions as a matter of urgency and that follow-up reports on those measures are subsequently submitted. |
Or. ro
Amendment 2095
Krzysztof Hetman, Adam Jarubas, Borys Budka, Kamila Gasiuk-Pihowicz, Mirosława Nykiel
Proposal for a regulation
Article 15 – paragraph 6 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 6 a. Group of at least two Member States have a right to propose to include in a work programme actions addressing specific regional challenges that hamper competitiveness. The Commission shall add these proposed additional actions to a work programme if they are consistent with the Country Specific Recommendations within the European Semester, National Energy and Climate Plans and other relevant documents and strategies. |
Or. en
Amendment 2096
Bruno Tobback, Thomas Pellerin-Carlin, Yannis Maniatis, Nicolás González Casares
Proposal for a regulation
Article 15 – paragraph 6 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 6 a. The work programmes of the ECF shall be informed by the recommendations of the ECF Strategic Prioritisation Board, supported on data from the observatory of emerging technologies, while ensuring coherence with the selected competitiveness priorities identified by the Competitiveness Coordination Tool. |
Or. en
Amendment 2097
Bruno Tobback, Thomas Pellerin-Carlin, Yannis Maniatis
Proposal for a regulation
Article 15 – paragraph 6 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 6 b. The Board shall take into account National and Regional Partnership Plans, including nationally and regionally pre-allocated envelopes, creating synergies between ECF support and National Energy and Climate Plans, Long Term Building Renovation Strategies, CAP national recommendations and other relevant documents and strategies. |
Or. en
Justification
Synergies between ECF support and National and Regional Partnership Plans, who's objectives are interlinked, should be ensured.
Amendment 2098
András Gyürk, Jorge Martín Frías
Proposal for a regulation
Article 15 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| Article15a | |
| Ensuring geographical balance within the Work Programmes | |
| 1. In order to prevent geographical concentration of ECF support the Commission shall ensure that work programmes systematically integrate entities of Widening Member States under Regulation (EU) 2021/695 of the European Parliament and of the Council of 28 April 2021 establishing Horizon Europe. In that respect the Commission shall ensure that work programmes contribute to: | |
| (a) reducing research and innovation disparities across the Union; | |
| (b) strengthening excellence-driven research and innovation capacity in Widening Member States; | |
| (c) enhancing the integration of their research and innovation actors into European industrial value chains and strategic ecosystems. | |
| 2. The Commission shall ensure that each Work Programme sets out a specific assessment of the participation, uptake and success rates of first-time applicants and applicants with limited prior experience in direct Commission funding programmes. That assessment shall identify, where relevant, barriers to participation and structural obstacles affecting such applicants, including administrative, financial or capacity- related constraints. |
Or. en
Amendment 2099
Jens Gieseke, David McAllister
Proposal for a regulation
Article 16 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. | 1. In order to foster resilient Union value chains and address structural vulnerabilities, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. The value-chain scale-up calls shall take into account the specific characteristics of strategic markets such as defence, in particular the mismatch between the long operational lifecycles of products and the shorter lifecycles of equipment and materials. The value-chain scale-up calls shall also address passive obsolescence management in order to reduce single points of failure within the supply chains of identified products. |
Or. en
Amendment 2100
Borys Budka, Danuše Nerudová, Davor Ivo Stier, Nikolina Brnjac, Eszter Lakos, Karlo Ressler, Miriam Lexmann, Adam Jarubas, Krzysztof Hetman, Kamila Gasiuk-Pihowicz, Mirosława Nykiel, Iuliu Winkler, Loránt Vincze, Andrzej Halicki, Virgil-Daniel Popescu, Inese Vaidere, Tomáš Zdechovský, Siegfried Mureşan, Ioan-Rareş Bogdan, Daniel Buda, Gheorghe Falcă, Adina Vălean, Romana Tomc, Jan Farský, Rasa Juknevičienė, Andrey Kovatchev, Andrey Novakov, Ilia Lazarov, Emil Radev, Sandra Kalniete
Proposal for a regulation
Article 16 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. | 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation, connection between innovation ecosystems, and crowding in of additional public and private capital with the objective to integrate suppliers, manufacturers, and innovators from different Member States’ territorial innovation ecosystems and diversify sources of supply. Dedicated calls should target projects that include entities based in Member States underperforming on innovation. Projects fostering technology diffusion across Member States through collaboration between entities from Member States at different levels of innovation performance should be encouraged. |
Or. en
Amendment 2101
Benedetta Scuderi
Proposal for a regulation
Article 16 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. | 1. In order to foster resilient Union value chains identified as strategic pursuant to Article 6a, the work programmes shall include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States throughout the Union and facilitate diversification of sources of supply, with a focus on the most critical components of the strategic value chains. |
| The value-chains scale up calls shall contribute to connect relevant regional industrial ecosystems across the Union, and may rely on the strong involvement of local public authorities. |
Or. en
Amendment 2102
Paolo Borchia, Isabella Tovaglieri, Raffaele Stancanelli, András Gyürk
Proposal for a regulation
Article 16 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. | 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate relevant suppliers, manufacturers, and innovators from different Member States and place-based innovation ecosystems and diversify sources of supply. They should also foresee measures to promote interregional and cross-border cooperation of local and regional ecosystems along these value chains, with particular attention to the integration of SMEs, start-ups, scale-ups into strategic industrial supply chains. |
Or. en
Justification
To strengthen the Union's competitiveness, technological sovereignty and economic resilience, place-based innovative and industrial ecosystems should be recognised as essential partners within priority industrial value chains. Interregional cooperation along value chains, with particular attention to integrating smaller firms, is indispensable.
Amendment 2103
Katri Kulmuni, Emma Wiesner
Proposal for a regulation
Article 16 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. | 1. In order to foster resilient Union value chains, the work programmes may include dedicated value- chains scale up calls which shall support both project preparation, connection between innovation ecosystems, and crowding in of additional public and private capital with the objective to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. They should also foresee measures to promote interregional and cross-border cooperation of local and regional ecosystems along these value chains. |
Or. en
Justification
An ecosystem approach is crucial to integrate all relevant stakeholders. Interconnections between ecosystems should be fostered to build stronger and more resilient value chains throughout Europe.
Amendment 2104
François-Xavier Bellamy
Proposal for a regulation
Article 16 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. | 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. For defence matters, this shall duly take into account the export control competences of the Member States and the specific defence objectives and eligibility criteria laid down in Chapter VII. |
Or. en
Amendment 2105
Laura Ballarín Cereza
Proposal for a regulation
Article 16 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. | 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation, connection between innovation ecosystems, and crowding in of additional public and private capital to integrate relevant suppliers, manufacturers, and innovators from different Member States and territorial place-based innovation ecosystems and diversify sources of supply. |
Or. en
Justification
In order to strengthen the Union’s competitiveness, technological sovereignty and economic resilience, place based innovative and industrial ecosystems should be recognised as essential partners within priority industrial value chains. Further, interconnections between ecosystems should be fostered to build stronger and more resilient value chains throughout Europe.
Amendment 2106
Yvan Verougstraete, Stine Bosse, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez, Bart Groothuis
Proposal for a regulation
Article 16 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. | 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. Such calls may include targeted actions to support cross-border value chain and SMEs participation. |
Or. en
Amendment 2107
Bruno Tobback, Thomas Pellerin-Carlin, Yannis Maniatis, Daniel Attard, Nicolás González Casares, Giorgio Gori
Proposal for a regulation
Article 16 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. | 1. In order to foster resilient and cross-border Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation, connection between innovation and industrial ecoystems, and deployment and crowding in of additional public and private capital, in order to integrate innovators, suppliers, manufacturers, and citizens from different Member States and diversify sources of supply. |
Or. en
Amendment 2108
Giorgio Gori, Stefano Bonaccini, Annalisa Corrado
Proposal for a regulation
Article 16 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. | 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation, connection between innovation ecosystems, and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States' regional and national ecosystems, and diversify sources of supply. |
Or. en
Amendment 2109
András Gyürk
Proposal for a regulation
Article 16 – paragraph 1
Proposal for a regulation
Article 16 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. | 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply, including for critical raw materials, critical chemicals and inputs. |
Or. en
Amendment 2110
Diana Iovanovici Şoşoacă
Proposal for a regulation
Article 16 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. | 1. In order to foster resilient Union value chains, the work programmes may include dedicated value-chains scale up calls which shall support both project preparation and crowding in of additional public and private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply, including for critical raw materials and critical chemical substances. |
Or. ro
Amendment 2111
Rihards Kols
on behalf of the ECR Group
Proposal for a regulation
Article 16 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. For the purposes of paragraph 1, value-chain scale-up calls shall give particular consideration to consortia involving suppliers, manufacturers, innovators or end-users established in Member States bordering the Russian Federation, the Republic of Belarus or Ukraine, where their participation contributes to the diversification of sources of supply, the geographical robustness of strategic value chains, or the integration of trusted partners along those value chains. The contribution of such consortia to the resilience and security objectives set out in Article 3(2), points (b) and (d), shall be assessed as part of their comparative contribution to Union competitiveness. |
Or. en
Justification
Strategic value chains are currently concentrated in a limited number of Member States with the most developed industrial ecosystems, which makes them more vulnerable to localised disruptions and provides limited resilience against materialised threats on the Union's external border. It is necessary to ensure that the value-chain scale-up calls under Article 16 explicitly assess the contribution of cross-border consortia involving Member States exposed to higher security risks, in line with the resilience objective set out in Article 3(2), points (b) and (d), and with the diversification logic set out in the Commission proposal.
Amendment 2112
Michał Kobosko, Martin Hojsík, Ivars Ijabs, Lucia Yar, Joanna Scheuring-Wielgus, Krzysztof Śmiszek
Proposal for a regulation
Article 16 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. Single Market Value Chains builder calls shall support both project preparation and crowding in of additional public and, in particular, private capital to integrate suppliers, manufacturers, and innovators from different Member States and diversify sources of supply. |
Or. en
Amendment 2113
Miriam Lexmann, Paulius Saudargas
Proposal for a regulation
Article 16 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. With the aim of increasing resilience of the Single Market Value Chains, the work programme shall provide dedicated calls targeting SMEs for at least 25 % of the ECF allocation. |
Or. en
Amendment 2114
Ondřej Krutílek
Proposal for a regulation
Article 16 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. The Commission shall facilitate pan-EU integration of value chains, including by promoting geographically diverse composition of consortia. |
Or. en
Amendment 2115
Dan Nica, Borys Budka, Tsvetelina Penkova
Proposal for a regulation
Article 16 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. The Commission shall facilitate pan-EU integration of value chains, including by promoting geographically diverse composition of consortia. |
Or. en
Justification
ECF resources should be equally spent in all Member States avoiding concentration only in some.
Amendment 2116
Jana Nagyová, Ondřej Knotek, Tomáš Kubín, Klara Dostalova, Afroditi Latinopoulou, Anna Bryłka
Proposal for a regulation
Article 16 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. The Commission shall facilitate pan-EU integration of value chains, including by promoting geographically diverse composition of consortia. |
Or. en
Amendment 2117
Mirosława Nykiel, Borys Budka, Adam Jarubas, Krzysztof Hetman, Kamila Gasiuk-Pihowicz
Proposal for a regulation
Article 16 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. The Commission shall facilitate pan-EU integration of value chains, including by promoting geographically diverse composition of consortia. |
Or. en
Amendment 2118
Mirosława Nykiel, Borys Budka, Adam Jarubas, Krzysztof Hetman, Kamila Gasiuk-Pihowicz
Proposal for a regulation
Article 16 – paragraph 1 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 b. The Commission shall monitor whether there is excessive concentration of economic activities, production capacities, or strategic dependencies within limited Member States or regions, and shall propose corrective measures where such concentration poses a risk to the Union's security of supply, internal market cohesion, or technological sovereignty. |
Or. en
Amendment 2119
Michał Kobosko, Martin Hojsík, Ivars Ijabs, Lucia Yar, Joanna Scheuring-Wielgus, Krzysztof Śmiszek
Proposal for a regulation
Article 16 – paragraph 1 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 b. The Commission shall facilitate EU-wide integration of value chains, including by promoting geographically diverse composition of consortia. |
Or. en
Amendment 2120
Dimitris Tsiodras
Proposal for a regulation
Article 16 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| Article 16a | |
| 2. The Commission shall facilitate pan-EU integration of value chains, including by promoting geographically diverse composition of consortia. |
Or. en
Amendment 2121
Jens Gieseke, David McAllister
Proposal for a regulation
Article 17 – title
| Text proposed by the Commission | Amendment |
|---|---|
| EU Tech frontrunners | EU Tech frontrunners and strategic industries |
Or. en
Amendment 2122
Mirosława Nykiel, Borys Budka, Adam Jarubas, Krzysztof Hetman, Kamila Gasiuk-Pihowicz
Proposal for a regulation
Article 17 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. Project preparation as well as crowding in of additional public and private capital may be supported. | 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia, leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME partners and suppliers through investments in new solutions and identification of relevant partners. SMEs with high potential from across the entire Union, with particular attention to unlocking the innovation potential in less developed and transition regions shall be actively promoted into partnerships to unlock their full potential and enhance Europe’s competitive added value. This includes facilitating their role not just as suppliers, but as leaders in specific actions, thereby strengthening the overall resilience and diversity of European value chains. Project preparation as well as crowding in of additional public and, in particular, private capital may be supported. Specific support for project preparation shall be prioritised for applications and consortia with a strong anchoring in less developed, regions facing decarbonisation challenges and transition regions, to increase their chances of success and capital absorption. |
Or. en
Amendment 2123
Michał Kobosko, Martin Hojsík, Ivars Ijabs, Lucia Yar, Joanna Scheuring-Wielgus, Krzysztof Śmiszek
Proposal for a regulation
Article 17 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. Project preparation as well as crowding in of additional public and private capital may be supported. | 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia, leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME partners and suppliers through investments in new solutions and identification of relevant partners. SMEs with high potential from across the entire Union, with particular attention to unlocking the innovation potential in less developed and transition regions, shall be actively promoted into partnerships to unlock their full potential and enhance Europe’s competitive added value. This includes facilitating their role not just as suppliers, but as leaders in specific actions, thereby strengthening the overall resilience and diversity of European value chains. Project preparation as well as crowding in of additional public and, in particular, private capital may be supported. Specific support for project preparation shall be prioritised for applications and consortia with a strong anchoring in less developed and transition regions, to increase their chances of success and capital absorption. |
Or. en
Amendment 2124
Sofie Eriksson
Proposal for a regulation
Article 17 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. Project preparation as well as crowding in of additional public and private capital may be supported. | 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. Project preparation as well as crowding in of additional public and private capital may be supported. Support under this Article may also cover research, development, testing, validation, demonstration and upscaling activities forming an integral part of the EU Tech frontrunner investment journey, where such activities are necessary to achieve the ECF objectives set out in Article 3 and are financed from the ECF budget. |
Or. en
Amendment 2125
Benedetta Scuderi
Proposal for a regulation
Article 17 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. Project preparation as well as crowding in of additional public and private capital may be supported. | 1. The work programmes shall include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. Project preparation as well as crowding in of additional public and private capital may be supported. |
| Frontrunner consortia shall commit, where applicable, to interoperable architectures, open standards, and compatibility with EU digital public infrastructures. |
Or. en
Amendment 2126
Oihane Agirregoitia Martínez
Proposal for a regulation
Article 17 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. Project preparation as well as crowding in of additional public and private capital may be supported. | 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia, including consortia anchored in urban innovation ecosystems and involving local and regional authorities as testing, procurement or deployment partners, leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. Project preparation as well as crowding in of additional public and private capital may be supported. |
Or. en
Amendment 2127
Dan Nica, Borys Budka, Tsvetelina Penkova
Proposal for a regulation
Article 17 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. Project preparation as well as crowding in of additional public and private capital may be supported. | 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. SMEs with high potential shall be actively promoted into partnerships to unlock their full potential and enhance Europe’s competitive added value. Project preparation as well as crowding in of additional public and private capital may be supported. |
Or. en
Justification
SMEs are the backbone of the EU economy and their inclusion in the EU funding opportunities is essential to guarantee competitiveness and resilience.
Amendment 2128
Jana Nagyová, Ondřej Knotek, Tomáš Kubín, Klara Dostalova, Afroditi Latinopoulou, Anna Bryłka, András Gyürk
Proposal for a regulation
Article 17 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. Project preparation as well as crowding in of additional public and private capital may be supported. | 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. SMEs with high potential shall be actively promoted into partnerships to unlock their full potential and enhance Europe’s competitive added value. Project preparation as well as crowding in of additional public and private capital may be supported. |
Or. en
Amendment 2129
Dimitris Tsiodras
Proposal for a regulation
Article 17 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. Project preparation as well as crowding in of additional public and private capital may be supported. | 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. SMEs with high potential shall be actively promoted into partnerships to unlock their full potential and enhance Europe’s competitive added value. Project preparation as well as crowding in of additional public and private capital may be supported. |
Or. en
Amendment 2130
Jens Gieseke, David McAllister
Proposal for a regulation
Article 17 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European SME suppliers through investments in new solutions and identification of relevant partners. Project preparation as well as crowding in of additional public and private capital may be supported. | 1. The work programmes may include dedicated two-stage bottom-up award procedures to identify and support EU Tech frontrunners and strategic industries through industry-driven consortia leveraging on their role as innovation and export drivers to strengthen their global competitive position along with their European suppliers, in particular SMEs, through investments in new solutions and identification of relevant partners. Project preparation as well as crowding in of additional public and private capital may be supported. |
Or. en
Amendment 2131
Benedetta Scuderi
Proposal for a regulation
Article 17 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. At the first stage, an open call for expression of interest for goods, works or services that might contribute to Union competitiveness in general, or in a specified sector, may be published without specification of the kind of activities or the instrument of budget implementation to be used. | 2. At the first stage, an open call for expression of interest for goods, works or services that might contribute to Union competitiveness in general, or in a specified sector, may be published without specification of the kind of activities or the instrument of budget implementation to be used. |
| Applicants shall demonstrate interoperability and federation, unless such requirements are clearly inapplicable to the project’s nature or objectives. |
Or. en
Amendment 2132
Morten Løkkegaard, Andreas Glück, Bart Groothuis
Proposal for a regulation
Article 17 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. The administrative requirements for this stage shall be limited to the strict minimum. Expressions of interest shall be submitted via a simplified standard form available on the Startup Gateway. |
Or. en
Amendment 2133
Morten Løkkegaard, Andreas Glück, Yvan Verougstraete, Bart Groothuis
Proposal for a regulation
Article 17 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. Proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness. | 4. Proposals and offers shall be evaluated and ranked based on open competition and clear, strong and common award criteria such as their comparative contribution to Union competitiveness in order to ensure that the best projects are funded in terms of their quality and impact. In particular, the evaluation may, where relevant, take into account the applicant’s capacity to scale across the Single Market, including through cross-border activities and integrated value chains. |
Or. en
Amendment 2134
Rihards Kols
on behalf of the ECR Group
Proposal for a regulation
Article 17 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. Proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness. | 4. Proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness, including their contribution to the Union's strategic autonomy, technological sovereignty, the resilience and geographical robustness of European value chains, the integration of dual-use technologies developed by start-ups and SMEs, and the reduction of strategic dependencies on non-associated third countries. |
Or. en
Justification
The current wording of Article 17(4) sets out a single, broadly defined award criterion (contribution to Union competitiveness), which leaves substantial discretion to the evaluation committee. The amendment makes explicit the structural components of competitiveness identified by the Draghi report and the Competitiveness Compass, and aligns the criteria of the EU Tech Frontrunners procedure with the objectives set out in Article 3, points (b), (d) and (f). It also ensures that the dual-use innovation potential of start-ups and SMEs is treated as a positive factor in the comparative ranking.
Amendment 2135
Martin Hojsík, Sigrid Friis, Yvan Verougstraete
Proposal for a regulation
Article 17 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. Proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness. | 4. Proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness, Union´s environmental, biodiversity and climate objectives, such as resource-, energy-, and water- efficiency . |
Or. en
Amendment 2136
Jörgen Warborn, Tomas Tobé
Proposal for a regulation
Article 17 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. Proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness. | 4. Proposals and offers shall be evaluated and ranked in accordance with common award criteria based on excellence and the comparative contribution of the offers to the Union’s overall competitiveness. |
Or. sv
Amendment 2137
Dan Nica, Borys Budka, Tsvetelina Penkova
Proposal for a regulation
Article 17 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. Proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness. | 4. Proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness and pan-EU impact. |
Or. en
Justification
ECF resources should be equally spent in all Member States avoiding concentration only in some.
Amendment 2138
Jana Nagyová, Ondřej Knotek, Tomáš Kubín, Klara Dostalova, Afroditi Latinopoulou, Anna Bryłka
Proposal for a regulation
Article 17 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. Proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness. | 4. Proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness and pan-EU impact. |
Or. en
Amendment 2139
Dimitris Tsiodras
Proposal for a regulation
Article 17 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. Proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness. | 4. Proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness and pan-EU impact. |
Or. en
Amendment 2140
Benedetta Scuderi
Proposal for a regulation
Article 17 – paragraph 5
| Text proposed by the Commission | Amendment |
|---|---|
| 5. The evaluation committee shall determine the most appropriate instrument of budget implementation, as well as propose the maximum amount and form of the Union contribution. | 5. The evaluation committee, taking into consideration the views of the ECF Programme Manager referred to in Article 7, shall determine the most appropriate instrument of budget implementation, as well as propose the maximum amount and form of the Union contribution. |
Or. en
Amendment 2141
Julie Rechagneux, Aleksandar Nikolic, Mélanie Disdier
Proposal for a regulation
Article 17 – paragraph 5 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 5 a. The selection criteria for EU Tech frontrunners shall strike an appropriate balance between the objective of supporting Union companies in reaching the critical scale necessary to compete globally and the need to strengthen industrial ecosystems and supply chains across the Union, including SMEs, start-ups and mid-cap companies from all Member States. |
Or. en
Amendment 2142
Benedetta Scuderi
Proposal for a regulation
Article 17 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| Article17a | |
| Demand aggregation from public and private procurers | |
| 1. In order to accelerate the market uptake, scaling and deployment of European strategic technologies and solutions across the Union in line with the Strategic Priorities Framework referred to in Article 6a and contribute to the creation of lead markets for innovative solutions in the Union, the work programmes shall include dedicated calls enabling the coordinated or joint procurement of relevant goods or services by public or private procurers, including contracting authorities and entities, utilities, infrastructure operators, corporates and other relevant buyers. Such activities may cover, inter alia, pre-commercial procurement, procurement of innovative solutions, and other forms of innovation-oriented procurement under any policy window, and shall be in line with existing Union sectoral legislation where appropriate. | |
| 2. The activities under this Article shall incentivise and de-risk the common procurement or the procurement of innovative solutions by compensating additional costs, risks or uncertainties associated with innovative procurement, including first-of-a-kind deployment. | |
| 3. The activities under this Article shall be implemented with the support of ECF Programme Managers referred to in Article 7, in a two-stage approach: | |
| (a) a preparatory phase supporting the identification, structuring and aggregation of demand, including the definition of common needs, technical specifications, standardisation where appropriate, and the establishment of buyer groups or procurement consortia across the Union; | |
| (b) an implementation phase supporting the preparation, launch and execution of procurement procedures, including through coordinated, joint or cross-border procurement procedures. |
Or. en
Amendment 2143
Benedetta Scuderi
Proposal for a regulation
Article 18 – title
| Text proposed by the Commission | Amendment |
|---|---|
| Production Ramp up actions | Aid for EU manufacturing of strategic technologies |
Or. en
Amendment 2144
Matthias Ecke, Thomas Pellerin-Carlin
Proposal for a regulation
Article 18 – title
| Text proposed by the Commission | Amendment |
|---|---|
| Production Ramp up actions | Production and Ramp up actions |
Or. en
Justification
The Battery booster facility will provide a specific definition of “ramp up” (once published) that centres on the goals of this facility. The Battery Booster strategy (C/2026/682) characterises the battery booster facility “a bridging solution for the industry, providing immediate support until the ECF framework is fully operational”.
Thus, it would be appropriate to use the language from (C/2026/682) that distinguishes between ramp up support and production support and make output-based support available for production beyond the ramp up phase.
Amendment 2145
Matthias Ecke, Thomas Pellerin-Carlin, Dan Nica
Proposal for a regulation
Article 18 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. By way of derogation from Article 196(2) of the Financial Regulation, financial contributions may, where necessary for the implementation of manufacturing projects essential to support the general resilience objective as indicated on Article 3(1), or activities required to ensure the security, resilience or service continuity to support the objective referred to in Article 3(2), point (d), cover actions that started prior to the date of the submission of the proposal for those actions . | 1. By way of derogation from Article 196(2) of the Financial Regulation, financial contributions may, where necessary for the implementation of manufacturing projects essential to support the general resilience objective as indicated on Article 3(1), including the specific objectives set out in Article 3(2), or activities required to ensure the security, resilience or service continuity to support the objective referred to in Article 3(2), point (d), cover actions that started prior to the date of the submission of the proposal for those actions . |
Or. en
Justification
Production ramp-up actions in the original paragraph are primarily focused on defense, space, and resilience, as outlined in Article 3(2), point (d). However, large-scale production ramp-up measures may also be relevant in other areas—for example, the expansion of semiconductor manufacturing or in battery production. Therefore, this paragraph should be broadened to refer to all objectives listed in Article 3(2).
Amendment 2146
Aura Salla
Proposal for a regulation
Article 18 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. By way of derogation from Article 196(2) of the Financial Regulation, financial contributions may, where necessary for the implementation of manufacturing projects essential to support the general resilience objective as indicated on Article 3(1), or activities required to ensure the security, resilience or service continuity to support the objective referred to in Article 3(2), point (d), cover actions that started prior to the date of the submission of the proposal for those actions . | 1. By way of derogation from Article 196(2) of the Financial Regulation, financial contributions may, where necessary for the implementation of manufacturing projects essential to ensure the security, resilience or scaling of manufacturing capacities to support any of the objectives referred to in Article 3(2), cover actions that started prior to the date of the submission of the proposal for those actions. |
Or. en
Amendment 2147
Christian Ehler, Oliver Schenk, Matej Tonin, Adina Vălean, Pilar del Castillo Vera, Hildegard Bentele, Angelika Niebler, Eszter Lakos, Radan Kanev, Susana Solís Pérez, Virgil-Daniel Popescu, Eva Maydell
Proposal for a regulation
Article 18 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. By way of derogation from Article 196(2) of the Financial Regulation, financial contributions may, where necessary for the implementation of manufacturing projects essential to support the general resilience objective as indicated on Article 3(1), or activities required to ensure the security, resilience or service continuity to support the objective referred to in Article 3(2), point (d), cover actions that started prior to the date of the submission of the proposal for those actions . | 1. By way of derogation from Article 196(2) of the Financial Regulation, financial contributions may, where necessary for the implementation of manufacturing projects essential to ensure the security, resilience or scaling of manufacturing capacities to support any of the objectives referred to in Article 3(2), cover actions that started prior to the date of the submission of the proposal for those actions. |
Or. en
Amendment 2148
Benedetta Scuderi
Proposal for a regulation
Article 18 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. By way of derogation from Article 196(2) of the Financial Regulation, financial contributions may, where necessary for the implementation of manufacturing projects essential to support the general resilience objective as indicated on Article 3(1), or activities required to ensure the security, resilience or service continuity to support the objective referred to in Article 3(2), point (d), cover actions that started prior to the date of the submission of the proposal for those actions . | 1. By way of derogation from Article 196(2) of the Financial Regulation, financial contributions may, where necessary for the implementation of manufacturing projects essential to support the general resilience objective as indicated on Article 3(1), or activities required to ensure the security, resilience or service continuity to support the objective referred to in Article 3(2), cover actions that started prior to the date of the submission of the proposal for those actions. |
Or. en
Amendment 2149
Dan Nica
Proposal for a regulation
Article 18 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. ECF shall support production ramp-up actions contributing to the scaling-up, manufacturing, processing, assembly or deployment of clean technologies, as well as their components, sub-components and upstream value chains, where such support contributes to the Union’s competitiveness, resilience, security of supply and strategic autonomy. |
Or. en
Justification
This amendment clarifies that production ramp-up actions under the European Competitiveness Fund shall support not only final clean technologies, but also the critical components and upstream industrial capacities necessary for the Union’s strategic autonomy and economic security. It further recognises the strategic importance of resilient pharmaceutical and health-industrial supply chains for the Union’s preparedness and security. The amendment is consistent with the objectives of the Net-Zero Industry Act, the Critical Raw Materials Act, the Critical Medicines Act and recent Commission initiatives on economic security, industrial resilience and cybersecurity of critical infrastructure
Amendment 2150
Dan Nica
Proposal for a regulation
Article 18 – paragraph 1 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 b. Such actions shall include, inter alia, the production or processing of battery cells, power electronics, inverters, semiconductors, electrolysers, transformers, permanent magnets, and the extraction, processing, refining, recycling or recovery of strategic and critical raw materials, including within strategic net-zero and critical value chains. |
Or. en
Justification
This amendment clarifies that production ramp-up actions under the European Competitiveness Fund shall support not only final clean technologies, but also the critical components and upstream industrial capacities necessary for the Union’s strategic autonomy and economic security. It further recognises the strategic importance of resilient pharmaceutical and health-industrial supply chains for the Union’s preparedness and security. The amendment is consistent with the objectives of the Net-Zero Industry Act, the Critical Raw Materials Act, the Critical Medicines Act and recent Commission initiatives on economic security, industrial resilience and cybersecurity of critical infrastructure
Amendment 2151
Dan Nica
Proposal for a regulation
Article 18 – paragraph 1 c (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 c. Such actions shall also include the manufacturing, processing or securing of critical medicinal products, active pharmaceutical ingredients, biotechnologies and other health-related industrial capacities of strategic importance to the Union’s resilience and security of supply. |
Or. en
Justification
This amendment clarifies that production ramp-up actions under the European Competitiveness Fund shall support not only final clean technologies, but also the critical components and upstream industrial capacities necessary for the Union’s strategic autonomy and economic security. It further recognises the strategic importance of resilient pharmaceutical and health-industrial supply chains for the Union’s preparedness and security. The amendment is consistent with the objectives of the Net-Zero Industry Act, the Critical Raw Materials Act, the Critical Medicines Act and recent Commission initiatives on economic security, industrial resilience and cybersecurity of critical infrastructure
Amendment 2152
Dan Nica
Proposal for a regulation
Article 18 – paragraph 1 d (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 d. Priority shall be given to projects strengthening strategic and critical value chains where the Union faces significant third-country dependencies, supply chain vulnerabilities or cybersecurity risks. |
Or. en
Justification
This amendment clarifies that production ramp-up actions under the European Competitiveness Fund shall support not only final clean technologies, but also the critical components and upstream industrial capacities necessary for the Union’s strategic autonomy and economic security. It further recognises the strategic importance of resilient pharmaceutical and health-industrial supply chains for the Union’s preparedness and security. The amendment is consistent with the objectives of the Net-Zero Industry Act, the Critical Raw Materials Act, the Critical Medicines Act and recent Commission initiatives on economic security, industrial resilience and cybersecurity of critical infrastructure
Amendment 2153
Michał Kobosko, Martin Hojsík, Ivars Ijabs, Lucia Yar, Joanna Scheuring-Wielgus, Krzysztof Śmiszek
Proposal for a regulation
Article 18 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The work programme or the documents related to the award procedure shall set out additional conditions to ensure that the support is necessary and proportionate, excluding overcompensation and double funding, is temporary and decreases over time. | 2. The work programme or the documents related to the award procedure shall set out additional conditions to ensure that the support is necessary and proportionate, of EU-wide relevance, excluding overcompensation and double funding, is temporary and decreases over time. |
Or. en
Amendment 2154
Jana Nagyová, Ondřej Knotek, Tomáš Kubín, Klara Dostalova, Afroditi Latinopoulou, Anna Bryłka
Proposal for a regulation
Article 18 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The work programme or the documents related to the award procedure shall set out additional conditions to ensure that the support is necessary and proportionate, excluding overcompensation and double funding, is temporary and decreases over time. | 2. The work programme or the documents related to the award procedure shall set out additional conditions to ensure that the support is necessary and proportionate, of pan-EU relevance, excluding overcompensation and double funding, is temporary and decreases over time. |
Or. en
Amendment 2155
Dimitris Tsiodras
Proposal for a regulation
Article 18 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The work programme or the documents related to the award procedure shall set out additional conditions to ensure that the support is necessary and proportionate, excluding overcompensation and double funding, is temporary and decreases over time. | 2. The work programme or the documents related to the award procedure shall set out additional conditions to ensure that the support is necessary and proportionate, of pan-EU relevance, excluding overcompensation and double funding, is temporary and decreases over time. |
Or. en
Amendment 2156
Mirosława Nykiel, Borys Budka, Adam Jarubas, Krzysztof Hetman, Kamila Gasiuk-Pihowicz
Proposal for a regulation
Article 18 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The work programme or the documents related to the award procedure shall set out additional conditions to ensure that the support is necessary and proportionate, excluding overcompensation and double funding, is temporary and decreases over time. | 2. The work programme or the documents related to the award procedure shall set out specific conditions to ensure that the support is necessary and proportionate, of pan-EU relevance, excluding overcompensation and double funding, is temporary and decreases over time. |
Or. en
Amendment 2157
Yvan Verougstraete, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez
Proposal for a regulation
Article 18 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The work programme or the documents related to the award procedure shall set out additional conditions to ensure that the support is necessary and proportionate, excluding overcompensation and double funding, is temporary and decreases over time. | 2. The work programme or the documents related to the award procedure shall set out conditions to ensure that the support is necessary and proportionate, excluding overcompensation and double funding, is temporary and decreases over time. |
Or. en
Amendment 2158
Radan Kanev
Proposal for a regulation
Article 18 – paragraph 2 a (new)
2025/0555 (COD)
Article 18 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. The work programme and award criteria may provide for a joint and coordinated award covering complementary components of one investment package, including: | |
| (a) the deployment, retrofit or upgrade at an industrial installation with a view to decarbonise existing intensive installations; | |
| (b) support to the clean-technology provider enabling that deployment, including manufacturing scale-up, standard compliance, delivery capacity or critical supply-chain investments. |
Or. en
Amendment 2159
Benedetta Scuderi
Proposal for a regulation
Article 18 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. The activities implemented in accordance with this article shall be incompatible with the application of article 20 paragraph 2 point c and shall ensure that at the time of the award and continuously throughout its operation, at least 75% of the workforce employed made up of Union workers across all categories of the workforce and be accompanied by adequate training and capacity building measures and commit not to decrease the number of union workers for a period of 5 years. |
Or. en
Amendment 2160
Paulo Cunha
Proposal for a regulation
Article 18 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. Without prejudice to paragraph 2, the work programme and award conditions shall provide fir a joint and coordinated award covering complementary components of an investment package, including: a) deployment, retrofit or upgrade at an industrial installation; | |
| b) support to the clean technology provider covering engineering, scale-up, standard compliance, delivery capacity and firs industrial deployment or critical supply-chain investments. |
Or. en
Amendment 2161
Matthias Ecke, Thomas Pellerin-Carlin
Proposal for a regulation
Article 18 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. Financial contributions for production and ramp up actions shall be implemented, among other forms, through output-based production support to support the general and specific objectives set out in paragraph 1, while acknowledging the additional conditions of necessity and proportionality referred to in paragraph 2. |
Or. en
Justification
The proposed text aligns with other EU instruments that have highlighted the difficulties faced by clean technology producers during the ramp up period, such as unfair global competition, unexpected cost overruns, or uncertainties on future demand. A clear reference to output-based support would remove uncertainty over the inclusion of this specific form of contribution under the ECF, which is crucial to tackle higher production costs and to close the innovation gap, contributing to the crucial role of scaling-up production under the ECF objectives.
Amendment 2162
Yvan Verougstraete, Brigitte van den Berg, Stine Bosse, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez, Sophie Wilmès
Proposal for a regulation
Article 18 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. Ramp up actions should focus on output-based support to European manufacturing of strategic technologies, end products and critical components as defined in Regulation 2024/1735. |
Or. en
Amendment 2163
Yvan Verougstraete, Brigitte van den Berg, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez
Proposal for a regulation
Article 18 – paragraph 2 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 b. Financial contributions under this article should be based on amount per unit of actual output. |
Or. en
Amendment 2164
Benedetta Scuderi
Proposal for a regulation
Article 19 – paragraph 1 – introductory part
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF may support: | 1. The work programme may include actions intended to support: |
Or. en
Amendment 2165
Yvan Verougstraete, Brigitte van den Berg, Stine Bosse, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez, Bart Groothuis, Sophie Wilmès
Proposal for a regulation
Article 19 – paragraph 1 – point b a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| (b a) participation of SMEs and start-ups in an IPCEI. |
Or. en
Amendment 2166
Marc Botenga
Proposal for a regulation
Article 20
| Text proposed by the Commission | Amendment |
|---|---|
| [...] | deleted |
Or. en
Amendment 2167
Sarah Knafo
Proposal for a regulation
Article 20 – paragraph 1 – introductory part
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to create or facilitate the possibility of Union support to actions of imperative public interest or critical time-sensitivity, which could otherwise not be effectively implemented under the normal rules applicable to the Union budget or sectoral policies, the work programmes may identify certain award procedures, under direct or indirect management, that may benefit from certain additions, exceptions, and derogations from applicable law, during the award procedure or implementation of the supported activities, under all of the following the conditions: | 1. In order to create or facilitate the possibility of Union support to actions of imperative public interest or critical time-sensitivity, which could otherwise not be effectively implemented under the normal rules applicable to the Union budget or sectoral policies, the work programmes may identify certain award procedures, under direct or indirect management, that may benefit from certain additions, exceptions, and derogations from applicable law, during the award procedure or implementation of the supported activities, under all of the following the conditions. The aggregate annual financial volume of award procedures benefiting from this Article shall not exceed 10 % of the annual budget of the Fund. The Commission shall publish, within 30 days of each award, a public notice setting out the beneficiary, amount, justification under paragraph 1, and category of measures applied. The Commission shall report annually to the European Parliament and to the Council on the use of this Article. |
Or. en
Amendment 2168
Yvan Verougstraete, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez, Bart Groothuis, Sophie Wilmès
Proposal for a regulation
Article 20 – paragraph 1 – introductory part
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to create or facilitate the possibility of Union support to actions of imperative public interest or critical time-sensitivity, which could otherwise not be effectively implemented under the normal rules applicable to the Union budget or sectoral policies, the work programmes may identify certain award procedures, under direct or indirect management, that may benefit from certain additions, exceptions, and derogations from applicable law, during the award procedure or implementation of the supported activities, under all of the following the conditions: | 1. In order to create or facilitate the possibility of Union support to actions of imperative public interest or critical time-sensitivity, which could otherwise not be effectively implemented under the normal rules applicable to the Union budget or sectoral policies, the work programmes may identify certain award procedures, under direct or indirect management, that may benefit from certain additions, exceptions, and derogations from applicable law, during the award procedure or implementation of the supported activities, under all of the following conditions: |
Or. en
Amendment 2169
Benedetta Scuderi
Proposal for a regulation
Article 20 – paragraph 1 – introductory part
| Text proposed by the Commission | Amendment |
|---|---|
| 1. In order to create or facilitate the possibility of Union support to actions of imperative public interest or critical time-sensitivity, which could otherwise not be effectively implemented under the normal rules applicable to the Union budget or sectoral policies, the work programmes may identify certain award procedures, under direct or indirect management, that may benefit from certain additions, exceptions, and derogations from applicable law, during the award procedure or implementation of the supported activities, under all of the following the conditions: | 1. In order to create or facilitate the possibility of Union support to actions of imperative public interest and critical time-sensitivity, which could otherwise not be effectively implemented under the normal rules applicable to the Union budget, the work programmes may identify certain award procedures, under direct or indirect management, that may benefit from certain additions, exceptions, and derogations identified in this Article, during the award procedure or implementation of the supported activities, under all of the following the conditions: |
Or. en
Amendment 2170
Aura Salla
Proposal for a regulation
Article 20 – paragraph 1 – point a
| Text proposed by the Commission | Amendment |
|---|---|
| (a) the action is necessary and appropriate to achieve the objectives of the action in line with the general or specific objectives of the programme; | (a) the action is necessary and appropriate to achieve the specific objectives of one of the policy windows; |
Or. en
Amendment 2171
Christian Ehler, Oliver Schenk, Matej Tonin, Adina Vălean, Pilar del Castillo Vera, Hildegard Bentele, Angelika Niebler, Eszter Lakos, Virgil-Daniel Popescu, Susana Solís Pérez
Proposal for a regulation
Article 20 – paragraph 1 – point a
| Text proposed by the Commission | Amendment |
|---|---|
| (a) the action is necessary and appropriate to achieve the objectives of the action in line with the general or specific objectives of the programme; | (a) the action is necessary and appropriate to achieve the specific objectives of one of the policy windows; |
Or. en
Amendment 2172
Benedetta Scuderi
Proposal for a regulation
Article 20 – paragraph 1 – point a
| Text proposed by the Commission | Amendment |
|---|---|
| (a) the action is necessary and appropriate to achieve the objectives of the action in line with the general or specific objectives of the programme; | (a) the action is necessary and appropriate to achieve the objectives of the action in line with the general and specific objectives of the programme; |
Or. en
Amendment 2173
Angelika Winzig
Proposal for a regulation
Article 20 – paragraph 1 – point b
| Text proposed by the Commission | Amendment |
|---|---|
| (b) the action is duly justified by an imperative public interest, and/or is of a time-sensitive nature, or both; | (b) the action is duly justified by an imperative public interest - meaning a clearly identified, specific, and verifiable strategic interest at Union level that cannot be safeguarded by market mechanisms alone -, and/or is of a time-sensitive nature - meaning a documented risk that any delay beyond a defined deadline would result in irreversible harm to Union competitiveness, security of supply, or critical infrastructure -, or both; |
Or. en
Justification
Article 20 grants the Commission overly broad discretion to bypass competitive procedures without clear criteria, risking reduced transparency, equal treatment, value for money, and the integrity of collaborative R&I under Horizon Europe Pillar II.
Amendment 2174
Radan Kanev
Proposal for a regulation
Article 20 – paragraph 1 – point b
| Text proposed by the Commission | Amendment |
|---|---|
| (b) the action is duly justified by an imperative public interest, and/or is of a time-sensitive nature, or both; | (b) the action is duly justified by an imperative public interest, and/or is of a time-sensitive nature, or both, including in the event of a public health emergency or serious cross-border threats to health; |
Or. en
Justification
As per the adopted SANT opinion to the ECF. Particularly relevant in the context of the Hantavirus possible cross-border threats.
Amendment 2175
Benedetta Scuderi
Proposal for a regulation
Article 20 – paragraph 1 – point b
| Text proposed by the Commission | Amendment |
|---|---|
| (b) the action is duly justified by an imperative public interest, and/or is of a time-sensitive nature, or both; | (b) the action is duly justified by an imperative public interest, and is of a time-sensitive nature; |
Or. en
Amendment 2176
Letizia Moratti, Massimiliano Salini, Fulvio Martusciello
Proposal for a regulation
Article 20 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. The Fast Track to Innovation scheme shall support demonstration and validation projects characterised by industrial feasibility and technological maturity, relating to new technologies, concepts, processes, and business models requiring final development to reach market readiness and broader adoption. | |
| The Fast Track to Innovation scheme shall be implemented through a continuously open call for proposals and it shall be directed to consortia with strong industrial participation. It shall be implemented through bottom-up, open, and non-prescriptive calls, supporting projects that demonstrate clear industrial feasibility and potential for development. |
Or. en
Amendment 2177
Rihards Kols
on behalf of the ECR Group
Proposal for a regulation
Article 20 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. The total annual volume of awards made under this Article shall not exceed 10 % of the annual commitment appropriations of the corresponding policy window. The Commission shall report annually to the European Parliament and to the Council on the use of each measure under paragraph 2, including the beneficiaries, amounts, justification of the public interest invoked, and the duration of any waivers under point (c). The European Parliament or the Council may, by simple majority decision, request the Commission to suspend or modify the use of a specific measure where it considers that the conditions set out in paragraph 1 are not met. |
Or. en
Justification
Article 20 allows the Commission to depart from significant parts of the award and eligibility rules of the Financial Regulation, on the basis of 'imperative public interest' or 'time-sensitivity'. In the absence of a quantitative ceiling and of a reporting obligation, this risks turning an exceptional regime into a parallel default route, with consequences for transparency, equal treatment and the protection of the Union's financial interests.
Amendment 2178
Morten Løkkegaard, Andreas Glück, Yvan Verougstraete, Bart Groothuis
Proposal for a regulation
Article 20 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. For all award procedures under the 'EU Tech Frontrunners' mechanism, according to Article 17, and dedicated SME actions, according to Article 29, the time-to-grant shall not exceed 100 days from the closure of the call for proposals. Applicants shall be informed of the outcome of the evaluation of their application within 60 days of the closure of the call. |
Or. en
Amendment 2179
Christian Ehler, Oliver Schenk, Matej Tonin, Adina Vălean, Pilar del Castillo Vera, Hildegard Bentele, Angelika Niebler, Eszter Lakos, Radan Kanev, Virgil-Daniel Popescu, Dimitris Tsiodras, Eva Maydell
Proposal for a regulation
Article 20 – paragraph 2 – point a – point 1
| Text proposed by the Commission | Amendment |
|---|---|
| (1) identify an action of imperative public interests of the Union and the beneficiaries or categories of beneficiaries which may be invited to submit a proposal without a call; or, | deleted |
Or. en
Amendment 2180
Aura Salla
Proposal for a regulation
Article 20 – paragraph 2 – point a – point 1
| Text proposed by the Commission | Amendment |
|---|---|
| (1) identify an action of imperative public interests of the Union and the beneficiaries or categories of beneficiaries which may be invited to submit a proposal without a call; or, | deleted |
Or. en
Amendment 2181
Benedetta Scuderi
Proposal for a regulation
Article 20 – paragraph 2 – point a – point 1
| Text proposed by the Commission | Amendment |
|---|---|
| (1) identify an action of imperative public interests of the Union and the beneficiaries or categories of beneficiaries which may be invited to submit a proposal without a call; or, | deleted |
Or. en
Amendment 2182
Krzysztof Hetman, Adam Jarubas, Borys Budka, Kamila Gasiuk-Pihowicz, Mirosława Nykiel
Proposal for a regulation
Article 20 – paragraph 2 – point a – point 2
| Text proposed by the Commission | Amendment |
|---|---|
| (2) set out an amount up to which proposals may be identified and invited that have been awarded a seal referred to in Article 8 of this Regulation but have not received Union funding due to lack of budget. The applicants may be invited to resubmit their proposal without a call; where the proposal is resubmitted without substantial change, the granting authority may decide to fully rely on the prior positive evaluation and any previously conducted controls and submitted supporting documents; the reasons for the award of the individual action shall be duly substantiated in the award decision and the list of actions shall be published in the Annual Activity Report referred to in Article 74(9) of Regulation (EU, Euratom) 2024/2509; or, | (2) set out an amount up to which proposals may be identified and invited that have been awarded a seal referred to in Article 8 of this Regulation as well as other types of seals whose objectives fall within the scope of support of the European Competitiveness Fund (e.g. the STEP seal under Horizon Europe), but have not received Union funding due to lack of budget. The applicants may be invited to resubmit their proposal without a call; where the proposal is resubmitted without substantial change, the granting authority may decide to fully rely on the prior positive evaluation and any previously conducted controls and submitted supporting documents; the reasons for the award of the individual action shall be duly substantiated in the award decision and the list of actions shall be published in the Annual Activity Report referred to in Article 74(9) of Regulation (EU, Euratom) 2024/2509; or, |
Or. en
Amendment 2183
Benedetta Scuderi
Proposal for a regulation
Article 20 – paragraph 2 – point c
| Text proposed by the Commission | Amendment |
|---|---|
| (c) By way of derogation from Article 9 of this Regulation, the work programme may specify that an award procedure takes the form of an inducement intervention to allow for a temporary and conditional waiver of compliance with a specified part of the eligibility criteria during the award procedure and parts of the implementation of the action, in particular regarding the place of establishment; compliance with the temporarily waived eligibility criteria shall instead be achieved and evaluated during the implementation of the action within a timeframe specified in the legal commitment. If the temporarily waived eligibility criteria are not complied with at the specified date, the action shall be considered ineligible in its entirety and any Union funding shall be fully recovered; for inducement interventions no pre-financing shall be paid. | (c) By way of derogation from Article 9 (2) and Article 10 (2) of this Regulation, the work programme may specify that an award procedure takes the form of an inducement intervention to allow for a temporary and conditional waiver of compliance with a specified part of the eligibility criteria during the award procedure and parts of the implementation of the action, in particular regarding the place of establishment; compliance with the temporarily waived eligibility criteria shall instead be achieved and evaluated during the implementation of the action within a timeframe specified in the legal commitment, in any case no longer than 2 years. If the temporarily waived eligibility criteria are not complied with at the specified date, the action shall be considered ineligible in its entirety and any Union funding shall be fully recovered; for inducement interventions no pre-financing shall be paid. |
Or. en
Amendment 2184
Benedetta Scuderi
Proposal for a regulation
Article 20 – paragraph 2 – point d – introductory part
| Text proposed by the Commission | Amendment |
|---|---|
| (d) The work programme may set up special two-stage bottom-up award procedures in accordance with the following rules:. | (d) The work programme may, in relation with the Articles 16, 17 and 17a and with the support of the ECF Programme Managers referred to in Article 7 of this Regulation, set up special two-stage bottom-up award procedures in accordance with the following rules: |
Or. en
Amendment 2185
Martin Hojsík, Sigrid Friis, Yvan Verougstraete
Proposal for a regulation
Article 20 – paragraph 2 – point d – point 2
| Text proposed by the Commission | Amendment |
|---|---|
| (2) proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness. The evaluation committee shall determine the most appropriate instrument of budget implementation under direct or indirect management, in particular grant, procurement, non-financial donations, contribution agreements or other support, as well as propose the maximum amount and form of the Union contribution. | (2) proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness and their consistency with the Union’s climate-neutrality and biodiversity objectives. The evaluation committee shall determine the most appropriate instrument of budget implementation under direct or indirect management, in particular grant, procurement, non-financial donations, contribution agreements or other support, as well as propose the maximum amount and form of the Union contribution. |
Or. en
Amendment 2186
Jörgen Warborn, Tomas Tobé
Proposal for a regulation
Article 20 – paragraph 2 – point d – point 2
| Text proposed by the Commission | Amendment |
|---|---|
| (2) proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness. The evaluation committee shall determine the most appropriate instrument of budget implementation under direct or indirect management, in particular grant, procurement, non-financial donations, contribution agreements or other support, as well as propose the maximum amount and form of the Union contribution. | (2) Proposals and offers shall be evaluated and ranked in accordance with common award criteria based on excellence and the comparative contribution of the offers to Union competitiveness. The evaluation committee shall determine the most appropriate instrument of budget implementation under direct or indirect management, in particular grant, procurement, non-financial donations, contribution agreements or other support, as well as propose the maximum amount and form of the Union contribution. |
Or. sv
Amendment 2187
Jana Nagyová, Ondřej Knotek, Tomáš Kubín, Klara Dostalova, Afroditi Latinopoulou, Anna Bryłka
Proposal for a regulation
Article 20 – paragraph 2 – point d – point 2
| Text proposed by the Commission | Amendment |
|---|---|
| (2) proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness. The evaluation committee shall determine the most appropriate instrument of budget implementation under direct or indirect management, in particular grant, procurement, non-financial donations, contribution agreements or other support, as well as propose the maximum amount and form of the Union contribution. | (2) proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness and pan-EU impact. The evaluation committee shall determine the most appropriate instrument of budget implementation under direct or indirect management, in particular grant, procurement, non-financial donations, contribution agreements or other support, as well as propose the maximum amount and form of the Union contribution. |
Or. en
Amendment 2188
Dimitris Tsiodras
Proposal for a regulation
Article 20 – paragraph 2 – point d – point 2
| Text proposed by the Commission | Amendment |
|---|---|
| (2) proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness. The evaluation committee shall determine the most appropriate instrument of budget implementation under direct or indirect management, in particular grant, procurement, non-financial donations, contribution agreements or other support, as well as propose the maximum amount and form of the Union contribution. | (2) proposals and offers shall be evaluated and ranked based on common award criteria such as their comparative contribution to Union competitiveness and pan-EU impact. The evaluation committee shall determine the most appropriate instrument of budget implementation under direct or indirect management, in particular grant, procurement, non-financial donations, contribution agreements or other support, as well as propose the maximum amount and form of the Union contribution. |
Or. en
Amendment 2189
Dan Nica, Borys Budka, Tsvetelina Penkova
Proposal for a regulation
Article 20 – paragraph 2 – point d – point 3
| Text proposed by the Commission | Amendment |
|---|---|
| (3) during the second stage, within the available budget, successfully evaluated projects or offers shall be invited to adjust and complete their proposal or offer in accordance with the conclusions of the evaluation committee. The award procedure shall otherwise proceed in accordance with the rules set out in Article 12, as applicable to the respective instrument of budget implementation. | (3) during the second stage, within the available budget, successfully evaluated projects or offers shall be invited to adjust and complete their proposal or offer in accordance with the conclusions of the evaluation committee. Preference shall be given to projects or offers with larger pan-EU impact. The award procedure shall otherwise proceed in accordance with the rules set out in Article 12, as applicable to the respective instrument of budget implementation. |
Or. en
Justification
ECF resources should be equally spent in all Member States avoiding concentration only in some.
Amendment 2190
Dimitris Tsiodras
Proposal for a regulation
Article 20 – paragraph 2 – point d – point 3
| Text proposed by the Commission | Amendment |
|---|---|
| (3) during the second stage, within the available budget, successfully evaluated projects or offers shall be invited to adjust and complete their proposal or offer in accordance with the conclusions of the evaluation committee. The award procedure shall otherwise proceed in accordance with the rules set out in Article 12, as applicable to the respective instrument of budget implementation. | (3) during the second stage, within the available budget, successfully evaluated projects or offers shall be invited to adjust and complete their proposal or offer in accordance with the conclusions of the evaluation committee. Preference shall be given to projects or offers with larger pan-EU impact. The award procedure shall otherwise proceed in accordance with the rules set out in Article 12, as applicable to the respective instrument of budget implementation. |
Or. en
Amendment 2191
Jana Nagyová, Ondřej Knotek, Tomáš Kubín, Klara Dostalova, Afroditi Latinopoulou, Anna Bryłka
Proposal for a regulation
Article 20 – paragraph 2 – point d – point 3
| Text proposed by the Commission | Amendment |
|---|---|
| (3) during the second stage, within the available budget, successfully evaluated projects or offers shall be invited to adjust and complete their proposal or offer in accordance with the conclusions of the evaluation committee. The award procedure shall otherwise proceed in accordance with the rules set out in Article 12, as applicable to the respective instrument of budget implementation. | (3) during the second stage, within the available budget, successfully evaluated projects or offers shall be invited to adjust and complete their proposal or offer in accordance with the conclusions of the evaluation committee. Preference shall be given to projects or offers with larger pan-EU impact. The award procedure shall otherwise proceed in accordance with the rules set out in Article 12, as applicable to the respective instrument of budget implementation. |
Or. en
Amendment 2192
Dimitris Tsiodras
Proposal for a regulation
Article 20 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. During the award procedures reffered to in paragraph 2, the Commission shall, where appropriate, promote broad pan-EU collaboration. |
Or. en
Amendment 2193
Jana Nagyová, Ondřej Knotek, Tomáš Kubín, Klara Dostalova, Afroditi Latinopoulou, Anna Bryłka
Proposal for a regulation
Article 20 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. During the award procedures reffered to in paragraph 2, the Commission shall, where appropriate, promote broad pan-EU collaboration. |
Or. en
Amendment 2194
Benedetta Scuderi
Proposal for a regulation
Article 20 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. In accordance with paragraph 1, for actions which require the planning, construction and operation of facilities funded under award procedures the work programme may determine that, depending on the nature of the action, it is of public interest and may be of imperative reason of overriding public interest within the meaning of Article 6(4) and Article 16(1), point (c), of Council Directive 92/43/EEC and Article 4(7) of Directive 2000/60/EC of the European Parliament and of the Council , in the interest of defence within the meaning of Article 2(3) of Regulation (EC) No 1907/2006 of the European Parliament and of the Council , and in the interests of public health and safety within the meaning of Article 9(1), point (a) of Directive 2009/147/EC of the European Parliament and of the Council, in accordance with and under the conditions set out in applicable legislation such as the Net Zero Industry Act Regulation 2024/1735, RED III (Directive 2023/2413), or the Defence Readiness Omnibus (COM(2022)349) provided that the remaining other conditions set out in these provisions are fulfilled. | 3. Award procedures relying on this article, may defer the verification of the compliance with the ‘do no significant harm’ principle but not waive it in substance. This paragraph is without prejudice to sector-specific provisions under Union law. |
Or. en
Amendment 2195
Nicolás González Casares, Mohammed Chahim, Elena Sancho Murillo, Lina Gálvez, Yannis Maniatis, Thomas Pellerin-Carlin, Annalisa Corrado, Christophe Clergeau, Bruno Tobback, Sofie Eriksson, Niels Fuglsang
Proposal for a regulation
Article 20 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. In accordance with paragraph 1, for actions which require the planning, construction and operation of facilities funded under award procedures the work programme may determine that, depending on the nature of the action, it is of public interest and may be of imperative reason of overriding public interest within the meaning of Article 6(4) and Article 16(1), point (c), of Council Directive 92/43/EEC and Article 4(7) of Directive 2000/60/EC of the European Parliament and of the Council , in the interest of defence within the meaning of Article 2(3) of Regulation (EC) No 1907/2006 of the European Parliament and of the Council , and in the interests of public health and safety within the meaning of Article 9(1), point (a) of Directive 2009/147/EC of the European Parliament and of the Council, in accordance with and under the conditions set out in applicable legislation such as the Net Zero Industry Act Regulation 2024/1735, RED III (Directive 2023/2413), or the Defence Readiness Omnibus (COM(2022)349) provided that the remaining other conditions set out in these provisions are fulfilled. | 3. In accordance with paragraph 1, for actions which require the planning, construction and operation of facilities funded under award procedures the work programme may determine that, depending on the nature of the action, it is of public interest and may be of imperative reason of overriding public interest within the meaning of Article 6(4) and Article 16(1), point (c), of Council Directive 92/43/EEC and Article 4(7) of Directive 2000/60/EC of the European Parliament and of the Council , in the interest of defence within the meaning of Article 2(3) of Regulation (EC) No 1907/2006 of the European Parliament and of the Council , and in the interests of public health and safety within the meaning of Article 9(1), point (a) of Directive 2009/147/EC of the European Parliament and of the Council, in accordance with and under the conditions set out in applicable legislation such as the Net Zero Industry Act Regulation 2024/1735, RED III (Directive 2023/2413), or the Defence Readiness Omnibus (COM(2022)349) provided that the remaining other conditions set out in these provisions are fulfilled and that all procedural safeguards, including public participation, access to information and access to justice, are fully respected, and that this determination shall not be interpreted or applied as lowering, bypassing or weakening applicable Union environmental standards and obligations. |
Or. en
Amendment 2196
Borys Budka, Danuše Nerudová, Davor Ivo Stier, Nikolina Brnjac, Eszter Lakos, Karlo Ressler, Miriam Lexmann, Adam Jarubas, Krzysztof Hetman, Kamila Gasiuk-Pihowicz, Mirosława Nykiel, Iuliu Winkler, Loránt Vincze, Andrzej Halicki, Virgil-Daniel Popescu, Inese Vaidere, Tomáš Zdechovský, Siegfried Mureşan, Ioan-Rareş Bogdan, Daniel Buda, Gheorghe Falcă, Adina Vălean, Romana Tomc, Jan Farský, Rasa Juknevičienė, Andrey Kovatchev, Andrey Novakov, Eva Maydell, Ilia Lazarov, Radan Kanev, Sandra Kalniete
Proposal for a regulation
Article 20 – paragraph 3 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 a. Complementary measures to support cohesion and territorial balance shall be: (a) Targeted technical assistance for first-time and less experienced applicants; (b) establish minimum indicative thresholds, based on objective and transparent criteria, for the allocation of funding to first-time and less experienced applicants under certain calls or instruments of the ECF; (c) support the integration of entities from different Member States into Single Market value chains, as referred to in Article 16, including by promoting the multinational composition of consortia and participation across the value chain. The measures referred to this paragraph in paragraph 3a and 6 may be financed by the ECF. |
Or. en
Amendment 2197
Bruno Tobback, Thomas Pellerin-Carlin, Yannis Maniatis, Daniel Attard, Nicolás González Casares
Proposal for a regulation
Article 20 – paragraph 3 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 a. The accelerated and targeted actions for competitiveness shall respect the ‘do no significant harm’ DNSH principle; |
Or. en
Amendment 2198
Nicolás González Casares, Mohammed Chahim, Elena Sancho Murillo, Lina Gálvez, Yannis Maniatis, Thomas Pellerin-Carlin, Annalisa Corrado, Christophe Clergeau, Bruno Tobback, Sofie Eriksson, Niels Fuglsang
Proposal for a regulation
Article 20 – paragraph 3 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 a. The accelerated and targeted actions for competitiveness shall respect the ‘do no significant harm’ principle. |
Or. en
Amendment 2199
Krzysztof Hetman, Adam Jarubas, Borys Budka, Kamila Gasiuk-Pihowicz, Mirosława Nykiel
Proposal for a regulation
Article 20 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| Article 20a | |
| 1. To ensure the effective deployment of large-scale industrial decarbonisation and strategic infrastructure projects, the ECF shall support continuity of Union funding across successive phases of project development, from initial grant-based support to scale-up and access to competitive, market-based funding mechanisms. | |
| 2. Where an action supported under this Regulation is identified as eligible under one or more EU-funding mechanisms, demonstrates sufficient technical maturity and systemic relevance, or has been awarded a Competitiveness seal referred to in Article 8 of this Regulation, or a Sovereignty Seal as defined in Regulation (EU) 2024/795, and is delayed in accessing subsequent competitive price-support mechanisms due to external or administrative sequencing factors, the Commission may provide for a temporary or bridging support. | |
| 3. Such temporary or bridging support shall: | |
| (a) be strictly transitional in nature and limited in time; | |
| (b) expire automatically once the project becomes eligible for, or gains access to, competitive price-support mechanisms or market-based instruments; | |
| (c) not confer any advantage in future competitive allocation procedures; | |
| (d) be implemented in full compliance with Union competition, State aid and budgetary rules. | |
| 4. The conditions, eligibility criteria and duration of such continuation or bridging support shall be based on transparent, objective and non-discriminatory criteria, defined in the work programmes referred to in Article 15 of this Regulation. |
Or. en
Amendment 2200
Nicola Procaccini, Carlo Fidanza, Alessandro Ciriani, Elena Donazzan, Pietro Fiocchi, Lara Magoni, Francesco Torselli, Mariateresa Vivaldini
Proposal for a regulation
Article 20 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| Article20a | |
| Fast Track to Innovation | |
| 1. In order to accelerate the transition from innovation to market and deliver concrete industrial results within a short timeframe, the work programmes shall include a Fast Track to Innovation supporting demonstration and validation projects characterised by industrial feasibility and technological maturity. FTI should targets relatively mature, ground-breaking new technologies, concepts, processes and business models that need final development to be able to shape a new market and achieve wider deployment. | |
| 2. The Fast Track to Innovation scheme shall support consortia of maximum 5-6 participants. At least 60% of the total budget of the project should go to industry participants or at least 4 of out 6 participants to the consortia should come from the industry sector (or 3 of out 5 participants). It shall be implemented through bottom-up, open, non-prescriptive calls and it shall support small-scale (up to 5 million euros) and large-scale (up to 15 million euros) projects. It shall operate in two-stage process, where the first stage (to be completed within a maximum of 2 months) serves to filter out proposals that lack industrial feasibility. |
Or. en
Amendment 2201
Morten Løkkegaard, Andreas Glück, Yvan Verougstraete, Bart Groothuis
Proposal for a regulation
Article 21 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. As a horizontal delivery tool for Union internal policies, the ECF InvestEU Instrument shall contain the budgetary guarantee and financial instruments, including when combined with non-repayable support in a blending operation, for the purpose of contributing to the general and specific objectives set out in Article 3, and may be implemented in synergy with other Union or national activities, including through compartments for Member States. | 1. As a horizontal delivery tool for Union internal policies, the ECF InvestEU Instrument shall contain the budgetary guarantee and financial instruments, including when combined with non-repayable support in a blending operation, for the purpose of contributing to the general and specific objectives set out in Article 3, and may be implemented in synergy with other Union or national activities, including through compartments for Member States with a primary focus on crowding in private investment through de-risking, and supporting scalable projects with European added value across the policy windows. |
Or. en
Amendment 2202
Paolo Borchia, Isabella Tovaglieri, Raffaele Stancanelli
Proposal for a regulation
Article 21 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. As a horizontal delivery tool for Union internal policies, the ECF InvestEU Instrument shall contain the budgetary guarantee and financial instruments, including when combined with non-repayable support in a blending operation, for the purpose of contributing to the general and specific objectives set out in Article 3, and may be implemented in synergy with other Union or national activities, including through compartments for Member States. | 1. As a horizontal implementation instrument for Union internal policies, the InvestEU ECF instrument shall contain the budgetary guarantee and financial instruments, including where combined with non-repayable forms of support in a blending operation, to contribute to the general and specific objectives referred to in Article 3, and may be implemented in synergy with other Union or, national or regional activities, including through Member State compartments and arrangements involving, where relevant, competent regional authorities or territorial promotional ecosystems. |
Or. en
Justification
Regional authorities and territorial promotional ecosystems can provide added value in the implementation of financial instruments because they are closer to territorial industrial ecosystems and business communities and better placed to identify investment needs, structural bottlenecks and growth opportunities for enterprises.
Amendment 2203
Paolo Borchia, Isabella Tovaglieri, Raffaele Stancanelli
Proposal for a regulation
Article 21 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The ECF InvestEU Instrument shall address market failures or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, counter-guarantees, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or equity or quasi-equity investments, provided directly or indirectly through financial intermediaries, funds, investment platforms or other vehicles to be channelled to final recipients. | 2. The ECF InvestEU Instrument shall address market failures or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, counter-guarantees, including collective guarantees, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or equity or quasi-equity investments, provided directly or indirectly through financial intermediaries, guarantee consortia, funds, investment platforms or other vehicles to be channelled to final recipients. Particular attention shall be given to guarantee-based products facilitating access to credit for SMEs, start-ups, scale-ups investing in internationalisation, digitalisation, industrial transformation, decarbonisation and resilience-related investments. Such entities channelling ECF resources shall ensure access to funding for eligible beneficiaries. They shall apply proportionate guarantee requirements, adopt streamlined due diligence procedures calibrated to the size and risk profile of the applicant, and shall not apply conditions that go beyond what is necessary to protect the financial soundness of the instrument. The Commission shall monitor compliance with these obligations and shall track the accessibility of ECF financial instruments for SMEs. |
Or. en
Justification
Collective guarantees and guarantee consortia are proximity-based intermediaries that are particularly effective in reaching smaller firms and understanding their specific financing needs. Explicitly recognising them enhances the ECF's ability to deploy support efficiently at territorial level, in line with the experience of guarantee systems such as the Italian Confidi. Financial intermediaries operating a 'zero-risk approach' represent a structural barrier preventing SMEs from accessing EU financial instruments. Simplification at institutional level does not automatically translate into easier access for businesses. This amendment makes operational the principle of low-threshold access by placing explicit obligations on intermediaries to ensure proportionate procedures and by giving the Commission a monitoring mandate on SME accessibility.
Amendment 2204
Marc Botenga
Proposal for a regulation
Article 21 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The ECF InvestEU Instrument shall address market failures or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, counter-guarantees, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or equity or quasi-equity investments, provided directly or indirectly through financial intermediaries, funds, investment platforms or other vehicles to be channelled to final recipients. | 2. The ECF InvestEU Instrument shall crowd in resources to address public projects and tenders considering market failure or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, counter-guarantees, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or equity or quasi-equity investments, provided directly. |
| For the purposes of this section, public projects and tenders concernactivities performed under public mandate or obligation to achieve social and environmental objectives; |
Or. en
Amendment 2205
Niels Fuglsang
Proposal for a regulation
Article 21 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The ECF InvestEU Instrument shall address market failures or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, counter-guarantees, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or equity or quasi-equity investments, provided directly or indirectly through financial intermediaries, funds, investment platforms or other vehicles to be channelled to final recipients. | 2. The ECF InvestEU Instrument shall address market failures or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, counter-guarantees, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or equity or quasi-equity investments, including equity structures which are not pari passu to private capital or existing investors, provided directly or indirectly through financial intermediaries, funds, investment platforms or other vehicles to be channelled to final recipients. |
Or. en
Amendment 2206
Barry Andrews, Yvan Verougstraete
Proposal for a regulation
Article 21 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The ECF InvestEU Instrument shall address market failures or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, counter-guarantees, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or equity or quasi-equity investments, provided directly or indirectly through financial intermediaries, funds, investment platforms or other vehicles to be channelled to final recipients. | 2. The ECF InvestEU Instrument shall address market failures or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, counter-guarantees, anticipatory loan guarantees for infrastructure derisking, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or equity or quasi-equity investments, provided directly or indirectly through financial intermediaries, funds, investment platforms or other vehicles to be channelled to final recipients. |
Or. en
Amendment 2207
Letizia Moratti, Massimiliano Salini, Fulvio Martusciello
Proposal for a regulation
Article 21 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The ECF InvestEU Instrument shall address market failures or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, counter-guarantees, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or equity or quasi-equity investments, provided directly or indirectly through financial intermediaries, funds, investment platforms or other vehicles to be channelled to final recipients. | 2. The ECF InvestEU Instrument shall address market failures or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, including collective guarantees, counter-guarantees, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or equity or quasi-equity investments, provided directly or indirectly through financial intermediaries, guarantee consortia, funds, investment platforms or other vehicles to be channelled to final recipients. |
Or. en
Amendment 2208
Nicola Procaccini, Alessandro Ciriani, Elena Donazzan, Pietro Fiocchi, Lara Magoni, Francesco Torselli, Mariateresa Vivaldini
Proposal for a regulation
Article 21 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The ECF InvestEU Instrument shall address market failures or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, counter-guarantees, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or equity or quasi-equity investments, provided directly or indirectly through financial intermediaries, funds, investment platforms or other vehicles to be channelled to final recipients. | 2. The ECF InvestEU Instrument shall address market failures or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, including collective guarantees, counter-guarantees, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or equity or quasiequity investments, provided directly or indirectly through financial intermediaries, guarantee consortia, funds, investment platforms or other vehicles to be channelled to final recipients. |
Or. en
Amendment 2209
Raúl de la Hoz Quintano
Proposal for a regulation
Article 21 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The ECF InvestEU Instrument shall address market failures or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, counter-guarantees, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or equity or quasi-equity investments, provided directly or indirectly through financial intermediaries, funds, investment platforms or other vehicles to be channelled to final recipients. | 2. The ECF InvestEU Instrument shall address market failures or suboptimal investment situations. The ECF InvestEU Instrument may in particular provide loans, guarantees, counter-guarantees, capital market instruments, any other form of funding or credit enhancement, including subordinated debt, or quasi-equity investments, provided indirectly through financial intermediaries, funds, investment platforms or other vehicles to be channelled to final recipients. |
Or. en
Amendment 2210
Niels Fuglsang
Proposal for a regulation
Article 21 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. Where necessary to address a market failure or suboptimal investment situation, the ECF InvestEU Instrument may also provide non-pari passu equity or quasi-equity instruments with asymmetric risk returns for public and private investors, with the objective of crowding-in private capital. |
Or. en
Amendment 2211
Raúl de la Hoz Quintano
Proposal for a regulation
Article 21 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. The ECF InvestEU Instrument may not utilise equity instruments for acquiring majority or controlling stakes in undertakings to prevent any form of shareholding intervention capable of distorting the internal market. |
Or. en
Amendment 2212
Marc Botenga
Proposal for a regulation
Article 21 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. Any activity performed on account of public projects and tenders shall yield proportionate benefits to the public sphere, including intellectual property rights, infrastructure and essential services |
Or. en
Amendment 2213
Yvan Verougstraete, Pascal Canfin, Brigitte van den Berg, Sigrid Friis, Christophe Grudler, Oihane Agirregoitia Martínez, Bart Groothuis
Proposal for a regulation
Article 21 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. The maximum amount of the budgetary guarantee under the EU Compartment of the ECF InvestEU Instrument shall be EUR 70 000 000 000 in current prices. It shall be provisioned at the rate of 50 %. | 3. The budgetary guarantee under the EU Compartment of the ECF InvestEU Instrument shall be provisioned at the rate of 50 %. |
Or. en
Amendment 2214
Benedetta Scuderi
Proposal for a regulation
Article 21 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. The minimum amount of the Union support from ECF delivered through ECF InvestEU Instrument shall be EUR 17 000 000 000, to be used in support of the general and specific objectives set out in Article 3. This minimum amount shall be increased by the contributions from the work programmes set out in Article 15. The contributions shall be a favoured means of implementation under the ECF and used for provisioning of the budgetary guarantee or financing of the financial instruments. | 4. The minimum amount of the Union support from ECF delivered through ECF InvestEU Instrument shall be EUR 16 000 000 000 to be used in support of the general objectives set out in Article 3(1) and EUR 60 000 000 000 as budget guarantee under the EU Compartment of the ECF InvestEU Instrument to be used in support of the specific objectives set out in Article 3(2), including EUR 10 000 000 000 for the implementation of the Article 21a. This minimum amount shall be increased by the contributions from the work programmes set out in Article 15 (1a new) for the financing of the financial instruments to be mobilised for the implementation of the actions of the work programmes, including in the context of blending operations. |
Or. en
Amendment 2215
Paolo Borchia, Isabella Tovaglieri, Raffaele Stancanelli
Proposal for a regulation
Article 21 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. The minimum amount of the Union support from ECF delivered through ECF InvestEU Instrument shall be EUR 17 000 000 000, to be used in support of the general and specific objectives set out in Article 3. This minimum amount shall be increased by the contributions from the work programmes set out in Article 15. The contributions shall be a favoured means of implementation under the ECF and used for provisioning of the budgetary guarantee or financing of the financial instruments. | 4. The minimum amount of the Union support from ECF delivered through ECF InvestEU Instrument shall be EUR 17 000 000 000, to be used in support of the general and specific objectives set out in Article 3. This minimum amount shall be increased by the contributions from the work programmes set out in Article 15. The contributions shall be a favoured means of implementation under the ECF and used for provisioning of the budgetary guarantee or financing of the financial instruments. A minimum of 30% of the ECF InvestEU Instrument shall be dedicated to budgetary guarantees and financial instruments for micro-enterprises and SMEs. |
Or. en
Justification
Based on experience gathered under InvestEU, where the dedicated SME policy window offer was regularly oversubscribed by a factor of two or three, at least 30% of the ECF InvestEU budgetary guarantee should be ring-fenced for SME financial instruments. This minimum is necessary to address the suboptimal investment situation for smaller firms.
Amendment 2216
Letizia Moratti, Massimiliano Salini, Fulvio Martusciello
Proposal for a regulation
Article 21 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. The minimum amount of the Union support from ECF delivered through ECF InvestEU Instrument shall be EUR 17 000 000 000, to be used in support of the general and specific objectives set out in Article 3. This minimum amount shall be increased by the contributions from the work programmes set out in Article 15. The contributions shall be a favoured means of implementation under the ECF and used for provisioning of the budgetary guarantee or financing of the financial instruments. | 4. The minimum amount of the Union support from ECF delivered through ECF InvestEU Instrument shall be EUR 17 000 000 000, to be used in support of the general and specific objectives set out in Article 3. This minimum amount shall be increased by the contributions from the work programmes set out in Article 15. The contributions shall be a favoured means of implementation under the ECF and used for provisioning of the budgetary guarantee or financing of the financial instruments. A minimum of 30% of ECF InvestEU Instrument shall be dedicated to budgetary guarantee and financial instruments for SMEs. |
Or. en
Amendment 2217
Nicola Procaccini, Alessandro Ciriani, Elena Donazzan, Pietro Fiocchi, Lara Magoni, Francesco Torselli, Mariateresa Vivaldini
Proposal for a regulation
Article 21 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. The minimum amount of the Union support from ECF delivered through ECF InvestEU Instrument shall be EUR 17 000 000 000, to be used in support of the general and specific objectives set out in Article 3. This minimum amount shall be increased by the contributions from the work programmes set out in Article 15. The contributions shall be a favoured means of implementation under the ECF and used for provisioning of the budgetary guarantee or financing of the financial instruments. | 4. The minimum amount of the Union support from ECF delivered through ECF InvestEU Instrument shall be EUR 17 000 000 000, to be used in support of the general and specific objectives set out in Article 3. This minimum amount shall be increased by the contributions from the work programmes set out in Article 15. The contributions shall be a favoured means of implementation under the ECF and used for provisioning of the budgetary guarantee or financing of the financial instruments. A minimum of 30% of ECF InvestEU Instrument shall be dedicated to budgetary guarantee and financial instruments for micro and SMEs. |
Or. en
Amendment 2218
Yvan Verougstraete, Pascal Canfin, Brigitte van den Berg, Stine Bosse, Sigrid Friis, Christophe Grudler, Oihane Agirregoitia Martínez, Bart Groothuis
Proposal for a regulation
Article 21 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. The minimum amount of the Union support from ECF delivered through ECF InvestEU Instrument shall be EUR 17 000 000 000, to be used in support of the general and specific objectives set out in Article 3. This minimum amount shall be increased by the contributions from the work programmes set out in Article 15. The contributions shall be a favoured means of implementation under the ECF and used for provisioning of the budgetary guarantee or financing of the financial instruments. | 4. The minimum amount of the Union support from ECF delivered through ECF InvestEU Instrument shall be EUR 40 000 000 000, to be used in support of the general and specific objectives set out in Article 3, including all technologies eligible for the Competitiveness Seal. This minimum amount shall be increased by the contributions from the work programmes set out in Article 15. The contributions shall be a favoured means of implementation under the ECF and used for provisioning of the budgetary guarantee or financing of the financial instruments. |
Or. en
Amendment 2219
Lina Gálvez, Daniel Attard
Proposal for a regulation
Article 21 – paragraph 4 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 4 a. At least EUR [X] of the InvestEU guarantee will be used to support SMEs. |
Or. en
Amendment 2220
Benedetta Scuderi
Proposal for a regulation
Article 21 – paragraph 5
| Text proposed by the Commission | Amendment |
|---|---|
| 5. The investment guidelines set out by the Commission shall define in more detail the scope of intervention in support of the general and specific objectives set out in Article 3. The investment guidelines shall be prepared in close dialogue with the potential implementing partners. | 5. The Commission is empowered to adopt delegated acts in accordance with Article 84 of this Regulation in order to supplement this Regulation by defining the investment guidelines that specify in more detail the scope of intervention in support of the general and specific objectives set out in Article 3, and the arrangements pursuant to Article 12a. The investment guidelines shall be prepared in close dialogue with the EIB and other potential implementing partners. |
Or. en
Amendment 2221
Yvan Verougstraete, Stine Bosse, Christophe Grudler, Oihane Agirregoitia Martínez
Proposal for a regulation
Article 21 – paragraph 5
| Text proposed by the Commission | Amendment |
|---|---|
| 5. The investment guidelines set out by the Commission shall define in more detail the scope of intervention in support of the general and specific objectives set out in Article 3. The investment guidelines shall be prepared in close dialogue with the potential implementing partners. | 5. The Commission is empowered to adopt investment guidelines as delegated acts in accordance with Article 84 in order to supplement this Regulation by setting out in more detail the scope of intervention in support of the general and specific objectives set out in Article 3. The investment guidelines shall be prepared in close dialogue with the EIB Group and other potential implementing partners |
Or. en
Amendment 2222
Marc Botenga
Proposal for a regulation
Article 21 – paragraph 5
| Text proposed by the Commission | Amendment |
|---|---|
| 5. The investment guidelines set out by the Commission shall define in more detail the scope of intervention in support of the general and specific objectives set out in Article 3. The investment guidelines shall be prepared in close dialogue with the potential implementing partners. | 5. The investment guidelines set out by the Commission shall define in more detail the scope of intervention in support of the general and specific objectives set out in Article 3. |
Or. en
Amendment 2223
Aura Salla
Proposal for a regulation
Article 21 – paragraph 6 – point d
| Text proposed by the Commission | Amendment |
|---|---|
| (d) in accordance with Article 214(2) of Regulation (EU, Euratom) 2024/2509, the provisioning shall be constituted until 31 December 2037 and shall take into account the progress in the approval and signature of the financing and investment operations. | (d) in accordance with Article 214(2) of Regulation (EU, Euratom) 2024/2509, the provisioning shall be constituted until 31 December 2037. |
Or. en
Justification
The allocation of the provisioning and the guarantee to implementing partners should follow the signature of guarantee agreements with such partners (see art. 21(6)(c)). In case of non-performance by an implementing partner, the guarantee agreement should foresee the possibility for the Commission to re-allocate part of the guarantee. However, the overall provisioning envelope underpinning the minimum InvestEU Instrument should be certain and not subject to the pace of deployment by the various implementing partners.
Amendment 2224
Rihards Kols
on behalf of the ECR Group
Proposal for a regulation
Article 21 – paragraph 7
| Text proposed by the Commission | Amendment |
|---|---|
| 7. The Commission is empowered to adopt delegated acts in accordance with Article 84 to amend paragraph 3 to adjust the provisioning rate and to adjust the maximum amount of the budgetary guarantee with up to 20% of that amount. | 7. The Commission is empowered to adopt delegated acts in accordance with Article 84 to amend the provisioning rate referred to in paragraph 3, provided that any such amendment does not increase the overall risk borne by the Union budget by more than 10 % compared to the rate set out in paragraph 3, and is accompanied by a substantiated risk assessment shared with the European Parliament and the Council at least eight weeks before the adoption of the delegated act. The Commission shall, before exercising any of the delegated powers conferred under this Regulation, consult the experts designated by each Member State in accordance with the Interinstitutional Agreement of 13 April 2016 on Better Law-Making, and shall transmit a summary of those consultations together with the draft delegated act. |
Or. en
Justification
The provisioning rate of the budgetary guarantee under the ECF InvestEU Instrument directly determines the exposure of the Union budget to financial risk. Delegated acts amending this rate should be subject to a substantive ceiling, expressed in terms of additional risk to the Union budget, and to a transparency obligation enabling effective scrutiny by the European Parliament and the Council in accordance with Article 290 TFEU. Consultation of national experts pursuant to the Interinstitutional Agreement of 13 April 2016 on Better Law-Making is a necessary procedural safeguard given the budgetary implications of any such adjustment.
Amendment 2225
Christian Ehler, Oliver Schenk, Matej Tonin, Adina Vălean, Pilar del Castillo Vera, Hildegard Bentele, Angelika Niebler, Eszter Lakos, Radan Kanev, Virgil-Daniel Popescu
Proposal for a regulation
Article 21 – paragraph 7 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 7 a. By way of derogation from the pari passu principle applicable to financial instruments implemented under this Regulation, equity or quasi-equity structures deployed through the ECF InvestEU instrument may provide for asymmetric investment and exit sequencing where the Commission determines that such sequencing is necessary to crowd in private capital. Such asymmetric sequencing shall be limited to arrangements under which: | |
| (a) the Union contribution is deployed prior to, and as a condition for, the deployment of private investment in the same underlying project or investment platform; | |
| (b) private investors enter the investment structure after the initial Union deployment and benefit from returns generated during the period of co-investment on terms no more favourable than those available to the Union; and | |
| (c) private investors exit the investment structure, and recover their contributed capital together with any accrued returns, prior to the exit of the Union contribution, such that the Union bears the residual exposure upon final exit. | |
| The asymmetry permitted under this paragraph shall be strictly limited to temporal sequencing of investment and exit and shall not authorise subordination of the Union's claim in the event of insolvency or winding-up of the investee entity, nor the granting to private investors of preferential loss protection beyond that which results from their earlier exit. The Commission shall ensure that the overall expected return to the Union across the portfolio of instruments benefiting from this derogation is commensurate with the Union's risk exposure, taking into account the time value of the capital deployed. |
Or. en
Amendment 2226
Aura Salla
Proposal for a regulation
Article 21 – paragraph 7 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 7 a. By way of derogation from the pari passu principle applicable to financial instruments implemented under this Regulation, equity or quasi-equity structures deployed through the ECF InvestEU instrument may provide for asymmetric investment and exit sequencing where the Commission determines that such sequencing is necessary to crowd in private capital. Such asymmetric sequencing shall be limited to arrangements under which: (a) the Union contribution is deployed prior to, and as a condition for, the deployment of private investment in the same underlying project or investment platform; (b) private investors enter the investment structure after the initial Union deployment and benefit from returns generated during the period of co-investment on terms no more favourable than those available to the Union; and (c) private investors exit the investment structure, and recover their contributed capital together with any accrued returns, prior to the exit of the Union contribution, such that the Union bears the residual exposure upon final exit. The asymmetry permitted under this paragraph shall be strictly limited to temporal sequencing of investment and exit and shall not authorise subordination of the Union's claim in the event of insolvency or winding-up of the investee entity, nor the granting to private investors of preferential loss protection beyond that which results from their earlier exit. The Commission shall ensure that the overall expected return to the Union across the portfolio of instruments benefiting from this derogation is commensurate with the Union's risk exposure, taking into account the time value of the capital deployed. |
Or. en
Amendment 2227
Irene Tinagli, Giorgio Gori
Proposal for a regulation
Article 21 – paragraph 7 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 7 a. Support from a budgetary guarantee or a financial instrument under this Regulation and support provided through financial instruments or budgetary guarantees established by programmes in other programming periods may be combined to support financial products or portfolios implemented or to be implemented under this Regulation. |
Or. en
Amendment 2228
Yvan Verougstraete, Brigitte van den Berg, Stine Bosse, Morten Løkkegaard, Christophe Grudler, Barry Andrews, Oihane Agirregoitia Martínez, Bart Groothuis
Proposal for a regulation
Article 21 – paragraph 7 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 7 a. Support from a budgetary guarantee or a financial instrument under this Regulation and support provided through financial instruments or budgetary guarantees established by programmes in other programming periods may be combined to support financial products or portfolios implemented or to be implemented under this Regulation. |
Or. en
Amendment 2229
Irene Tinagli, Giorgio Gori
Proposal for a regulation
Article 21 – paragraph 7 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 7 b. By derogation of Article 212(3) of the Financial Regulation, resources paid back, before the end of the eligibility period, to financial instruments from investments in final recipients or from the release of resources set aside for guarantee contracts, including capital repayments and any type of generated income that is attributable to the support from the Funds, may be re-used in the same or other financial instruments or budgetary guarantees for further investments in final recipients, to cover the losses in the nominal amount of the Funds contribution to the financial instrument resulting from negative interest, or for any management costs and fees associated to such further investments, taking into account the principle of sound financial management. |
Or. en
Amendment 2230
Yvan Verougstraete, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez, Bart Groothuis
Proposal for a regulation
Article 21 – paragraph 7 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 7 b. The Commission should establish EU guarantee mobilisation objectives and specific performance indicators with InvestEU implementing partners referred to in Article 25. |
Or. en
Amendment 2231
Christian Ehler, Oliver Schenk, Matej Tonin, Adina Vălean, Pilar del Castillo Vera, Hildegard Bentele, Angelika Niebler, Eszter Lakos, Wouter Beke, Virgil-Daniel Popescu, Susana Solís Pérez, Dimitris Tsiodras
Proposal for a regulation
Article 21 – paragraph 7 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 7 b. When contributions from other Union programmes are implemented through the ECF InvestEU Instrument, the rules for the ECF InvestEU Instrument shall apply. |
Or. en
Amendment 2232
Aura Salla
Proposal for a regulation
Article 21 – paragraph 7 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 7 b. When contributions from other Union programmes are implemented through the ECF InvestEU Instrument, the rules for the ECF InvestEU Instrument shall apply. |
Or. en
Amendment 2233
Yvan Verougstraete, Brigitte van den Berg, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez
Proposal for a regulation
Article 21 – paragraph 7 c (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 7 c. In order to incentivise wider participation and more risk-taking among InvestEU implementing partners, the Commission should establish incentives such as capped, milestone-based fee premia to be paid from the programme budget. |
Or. en
Amendment 2234
Benedetta Scuderi
Proposal for a regulation
Article 21 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| Article21a | |
| Consumers and Communities Empowerment Toolbox | |
| 1. The ECF InvestEU Instrument shall provide targeted financial support to empower energy consumers, active customers, energy communities, small business and local actors across the Union to undertake investments contributing to the energy transition. The Consumers and Communities Empowerment Toolbox (‘CCET’) shall facilitate access to affordable financing for natural persons, small and medium-sized enterprises, energy communities acting through legal entities established under national law, as well as local and regional authorities and entities acting on their behalf. | |
| It shall support investments in areas such as energy-efficient building renovation, distributed renewable energy generation, energy storage, flexibility and demand-side response, recharging stations and energy efficiency solutions and services, and the related supportive local energy infrastructure. | |
| The CCET shall address market barriers and mobilise private capital for the deployment and scaling-up of such investments, including through retail financial instruments accessible to smaller and non-specialised economic actors. | |
| 2. The Commission shall implement the CCET under the ECF InvestEU Instrument in cooperation with the EIB Group, National Promotional Banks and Institutions and other implementing partners. Implementing partners and financial intermediaries shall develop and deploy dedicated financial products supporting the investments referred to in paragraph 4. | |
| 3. The CCET shall target in particular natural persons, small and medium-sized enterprises, including micro-enterprises, energy communities, as well as local and regional authorities and entities acting on their behalf. | |
| Financial products deployed shall be tailored to the specific needs and risk profiles of each of these categories of final recipients for each of the activities refferred to in paragraph 4 and shall be accessible through local financial intermediaries and other retail distribution channels. They shall address market failures affecting such investments, including small investment sizes, fragmented demand, higher perceived risks, collective ownership structures and limited access to capital markets. Implementing partners shall support mechanisms enabling the aggregation of small-scale investments into bankable portfolios in order to facilitate their financing through financial intermediaries and capital markets. | |
| 4. The CCET shall support in particular investments contributing to the energy transition at consumer and local level, including through the development of the following facilities: | |
| (a) an EU Renovation Loan Facility, supporting investments in energy-efficient renovation of residential and non-residential buildings, including deep renovation, integration of on-site renewable energy generation, including for heating and cooling, energy storage, and innovative sustainable renovation solutions in line with the Energy Performance of Buildings Directive and National Building Renovation Plans. Implementing partners shall prioritise support to vulnerable households and low-income homeowners as identified by Member States and shall ensure the availability of retail financing solutions accessible through local financial intermediaries; | |
| (b) a facility supporting the deployment of distributed renewable energy generation, including solar photovoltaic, solar thermal, wind and renewable heating and cooling installations, as well as associated energy storage systems and related local energy infrastructure deployed at building, enterprise or local level; | |
| (c) a facility supporting demand-side flexibility and smart energy management, including demand-response technologies, smart metering and control systems, digital energy management platforms and solutions enabling consumers, active customers, energy communities and businesses to actively participate in energy markets; | |
| (d) a facility supporting the electrification of energy uses and related infrastructure, including charging infrastructure for electric vehicles and other distributed infrastructure enabling the integration of renewable electricity in buildings, enterprises and local energy systems; | |
| (e) a facility supporting the deployment of local energy infrastructure, including renewables-based district heating and cooling networks, local grids, local energy storage solutions, collective self-consumption and local energy sharing schemes and other distributed energy systems enabling the integration of renewable energy and enhancing consumer participation in the energy system. | |
| (f) an integrated multi-technology facility supporting actors undertaking simultaneous or phased investments across two or more of the facilities referred to in points (a) to (e), in particular energy communities. Implementing partners shall develop dedicated financial products providing unified access to financing for such bundled investments, avoiding the need for final recipients to access multiple separate facilities, and reflecting the combined risk profile and cash flow structure of multi-technology projects at local level. | |
| 5. Support under the CCET may take the form of a broad range of financial instruments adapted to the characteristics and development phase of the targeted final recipients and investments. These may include loans, guarantees, counter-guarantees, equity and quasi-equity instruments, venture debt, leasing arrangements, blended finance structures and other appropriate financial products. | |
| Implementing partners shall ensure the availability of accessible, standardised and ready-to-use retail financial instruments distributed through local financial intermediaries. The CCET shall operate in a coordinated and complementary manner with grant-based support provided under the relevant ECF policy windows and related technical assistance instruments. |
Or. en
Amendment 2235
Mohammed Chahim
on behalf of the S&D Group
Bruno Gonçalves
Proposal for a regulation
Article 21 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| Article21a | |
| Social and housing window under the InvestEU Instrument | |
| 1. Support housing and social investments shall be implemented, in line with the European Pillar of Social Rights, in particular through the following components: | |
| (a) Affordable and social housing activities, including the development, acquisition, renovation and regeneration of affordable and social housing, sustainable, energy-efficient and accessible housing solutions, and housing addressing affordability constraints linked to demographic change, labour mobility and territorial disparities. Particular attention shall be paid towards: groups in situation of disadvantage also including older people with low pensions, women facing a significant risk of poverty or housing deprivation, single parents and families with children at risk of poverty, LGBTIQ+ people, victims of gender-based violence, groups in situation of disadvantage, discrimination or exclusion, at risk of poverty – who face specific challenges in accessing housing. | |
| (b) Housing-related social infrastructure and services, including student and elderly housing, community-based housing, and housing solutions for vulnerable groups. | |
| (c) Social infrastructure, including: (i) inclusive education and training, including early childhood education and care, and related educational infrastructure and facilities, alternative childcare, student housing and digital equipment, that are accessible for all; (ii) health and long-term care, including clinics, hospitals, primary care, home services and community-based car; | |
| (d) Microfinance, ethical, social enterprise finance and social economy; | |
| (e) Activities in relation to demand for and the supply of skills; | |
| (f) Education, training and related services, including for adults; | |
| (g) Social innovation, including innovative social solutions and schemes aimed at promoting social impacts and outcomes in the areas referred to in points (a) to (f) and (h) to (m); | |
| (h) Cultural activities with a social objective; | |
| (i) Integration and inclusion, including actions supporting the integration of vulnerable people, homeless persons and third-country nationals, and promoting accessibility for persons with disabilities. | |
| (j) Measures to promote gender equality, including actions addressing inequalities in access to housing, social services, employment and finance. | |
| (k) Innovative health solutions, including e-health, health services and new care models; | |
| 2. Support provided through the activities referred to in paragraph 1 may be provided in any form, including financial instruments, blending operations and other budget implementation instruments according to ECF InvestEU Instrument and should amount to 10 000 000 000. |
Or. en
Amendment 2236
Thomas Pellerin-Carlin, Yannis Maniatis, Christophe Clergeau, Bruno Tobback, Nicolás González Casares, Pierre Jouvet, Raphaël Glucksmann
Proposal for a regulation
Article 21 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| Article21a | |
| EU Renovation Loan Facility | |
| 1. The ECF InvestEU Instrument shall provide targeted financial support through an EU Renovation Loan Facility to enhance energy efficiency and renewable energy deployment in residential and non-residential buildings. | |
| 2. An EU Renovation Loan Facility shall be created with a minimum budget of EUR 3 000 000 000 to support efficient financial instruments for building renovation. | |
| 3. The Facility shall support investments in the energy-efficient renovation of residential and non-residential buildings, including deep renovation, the integration of on-site renewable energy generation, and storage. | |
| 4. The Facility shall ensure that European citizens and SMEs, in particular those facing limited access to financial markets, can obtain affordable financing to uptake renewable energy and energy-efficiency investment and solutions to reduce their dependence on fossil fuels, in line with the objectives of article 3.2 (a). | |
| 5. The Commission and the EIB Group shall co-design and launch the EU Renovation Loan Facility and support National Promotional Banks and implementing partners to distribute EU Renovation Loans. |
Or. en
Amendment 2237
Letizia Moratti, Massimiliano Salini, Fulvio Martusciello
Proposal for a regulation
Article 22 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. It shall ensure that high-potential European companies developing or deploying innovative solutions can access the capital and resources to grow in the Union, thus strengthening the integration of the Single market and the Savings and Investment Union. | 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. In compliance with the principle of technological neutrality, it shall ensure that high-potential European companies developing or deploying innovative solutions, including technologies such as those defined as net-zero technologies under Article 4 of Regulation (EU) 2024/1735, strategic technologies under Regulation (EU) 2024/795, and transitional solutions as defined in Article 10(2) of Regulation (EU) 2020/852, can access the capital and resources to grow in the Union, thus strengthening the integration of the Single market and the Savings and Investment Union. |
Or. en
Amendment 2238
Nicola Procaccini, Carlo Fidanza, Alessandro Ciriani, Elena Donazzan, Pietro Fiocchi, Lara Magoni, Francesco Torselli, Mariateresa Vivaldini
Proposal for a regulation
Article 22 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. It shall ensure that high-potential European companies developing or deploying innovative solutions can access the capital and resources to grow in the Union, thus strengthening the integration of the Single market and the Savings and Investment Union. | 1. The ECF InvestEU Instrument shall serve as the Union's integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment, in particular in strategic technologies listed in Article 4 of Regulation (EU) 2024/1735 (Net-Zero Industry Act). It shall ensure that high-potential European companies developing or deploying innovative solutions can access the capital and resources to grow in the Union, in line with the principle of technological neutrality and without systematic exclusion of any technological pathway recognised by the Union acquis, thus strengthening the integration of the Single market and the Savings and Investment Union. |
Or. en
Amendment 2239
Christophe Grudler, Yvan Verougstraete, Morten Løkkegaard, Bart Groothuis
Proposal for a regulation
Article 22 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. It shall ensure that high-potential European companies developing or deploying innovative solutions can access the capital and resources to grow in the Union, thus strengthening the integration of the Single market and the Savings and Investment Union. | 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. It shall ensure that high-potential European companies developing or deploying innovative solutions including all technologies defined as net-zero technologies under Regulation (EU) 2024/1735 and as strategic technologies under Regulation (EU) 2024/795 can access the capital and resources to grow in the Union, thus strengthening the integration of the Single market and the Savings and Investment Union. |
Or. en
Justification
Aligning the ECF InvestEU Instrument with net-zero technology priorities
Amendment 2240
Georgiana Teodorescu
Proposal for a regulation
Article 22 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. It shall ensure that high-potential European companies developing or deploying innovative solutions can access the capital and resources to grow in the Union, thus strengthening the integration of the Single market and the Savings and Investment Union. | 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. It shall ensure that high-potential European companies developing or deploying innovative solutions, including also the operation and construction of nuclear power stations and nuclear fuel cycle facilities, can access the capital and resources to grow in the Union, thus strengthening the integration of the Single market and the Savings and Investment Union. |
Or. en
Justification
This amendment clarifies that the instrument may also support the construction and operation of nuclear power plants, as nuclear technologies are defined as net-zero technologies under the Net-Zero Industry Act.
Amendment 2241
Matej Tonin, Davor Ivo Stier
Proposal for a regulation
Article 22 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. It shall ensure that high-potential European companies developing or deploying innovative solutions can access the capital and resources to grow in the Union, thus strengthening the integration of the Single market and the Savings and Investment Union. | 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. It shall ensure that high-potential European companies developing or deploying innovative solutions, including also the operation, construction of nuclear power stations and nuclear fuel cycle facilities, can access the capital and resources to grow in the Union, thus strengthening the integration of the Single market and the Savings and Investment Union. |
Or. en
Amendment 2242
Benedetta Scuderi
Proposal for a regulation
Article 22 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. It shall ensure that high-potential European companies developing or deploying innovative solutions can access the capital and resources to grow in the Union, thus strengthening the integration of the Single market and the Savings and Investment Union. | 1. The ECF InvestEU Instrument shall provide targeted financial support to companies across all development phases of start-ups and scale-ups, including those actively pursuing manufacturing, industrial and market deployment with a focus on innovative start-ups and scale-ups. It shall ensure that high-potential European companies developing or deploying innovative solutions can access the capital and resources to grow in the Union. |
Or. en
Amendment 2243
Yvan Verougstraete, Stine Bosse, Grégory Allione, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez, Bart Groothuis
Proposal for a regulation
Article 22 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. It shall ensure that high-potential European companies developing or deploying innovative solutions can access the capital and resources to grow in the Union, thus strengthening the integration of the Single market and the Savings and Investment Union. | 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. It shall ensure that high-potential European companies developing or deploying innovative solutions and strategic technologies can access the capital and resources to grow in the Union, thus strengthening the integration of the Single market and the Savings and Investment Union. |
Or. en
Amendment 2244
Diana Iovanovici Şoşoacă
Proposal for a regulation
Article 22 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies across all development phases start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. It shall ensure that high-potential European companies developing or deploying innovative solutions can access the capital and resources to grow in the Union, thus strengthening the integration of the Single market and the Savings and Investment Union. | 1. The ECF InvestEU Instrument shall serve as the Union’s integrated platform for delivering targeted financial support to companies in the Union across all development phases, start-ups, scale-ups, including those actively pursuing manufacturing, industrial and market deployment. It shall ensure that high-potential European companies developing or deploying innovative solutions can access the capital and resources to grow in the Union, thus strengthening the integration of the internal market and the Savings and Investment Union. |
Or. ro
Amendment 2245
Krzysztof Hetman, Paulo do Nascimento Cabral, Adam Jarubas, Borys Budka, Kamila Gasiuk-Pihowicz, Maria Walsh, Alexander Bernhuber, Daniel Buda, Carmen Crespo Díaz, Stefan Köhler
Proposal for a regulation
Article 22 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies. | 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees, blended finance, targeted support measures, differentiated co-financing arrangements, simplified funding procedures such as lump-sum grants, scalable participation mechanisms and higher co-financing rates , with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies, as well as dedicated capacity-building instruments to ensure fair access and territorial cohesion. Allocation mechanisms should also guarantee balanced geographical distribution and accessibility across all Member States, taking into account structural differences such as market size and administrative capacity. |
Or. en
Amendment 2246
Oliver Schenk, Hildegard Bentele
Proposal for a regulation
Article 22 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies. | 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks and regional and sub-national promotional banks and institutions, governed by public or private law of a Member State. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies. |
Or. en
Amendment 2247
Paulo Cunha
Proposal for a regulation
Article 22 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies. | 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups and of the scale-up phase of innovative solutions, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies, as well as First-of-a-Kind solutions. |
Or. en
Amendment 2248
Diana Iovanovici Şoşoacă
Proposal for a regulation
Article 22 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies. | 2. The Commission shall in particular develop a Scale-up facility, for companies in the Union, in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies located on the territory of the European Union. |
Or. ro
Amendment 2249
Yvan Verougstraete, Brigitte van den Berg, Stine Bosse, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez, Bart Groothuis
Proposal for a regulation
Article 22 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies. | 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies, as well as First-of-a-Kind solutions. |
Or. en
Amendment 2250
Benedetta Scuderi
Proposal for a regulation
Article 22 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies. | 2. The Commission shall develop a Scale-up facility in synergy with the EIC Fund and in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of innovative start-ups and scale-ups, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. |
Or. en
Amendment 2251
Eva Maydell
Proposal for a regulation
Article 22 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies. | 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies. |
Or. en
Amendment 2252
Raúl de la Hoz Quintano
Proposal for a regulation
Article 22 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and direct equity and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies. | 2. The Commission shall in particular develop a Scale-up facility in cooperation with the EIB Group, other international financial institutions and National Promotional Banks. The facility shall provide in a coordinated and consistent manner, a comprehensive set of financing tools tailored to the unique needs of scale-ups, including indirect and quasi-equity, venture debt, loans, guarantees and blended finance, with a view to attract private investors in supporting scale up financing and facilitate exit options. The facility shall target SMEs and small mid-cap companies and Mid-cap companies. |
Or. en
Amendment 2253
Benedetta Scuderi
Proposal for a regulation
Article 22 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. The facility shall intervene where market investors cannot provide sufficient financing for European high-growth, innovative and strategic companies, including if needed to protect the Union's strategic assets, interests, autonomy or economic security. | 3. The facility shall intervene where market investors cannot provide sufficient financing for European high-growth, innovative and strategic companies, including if needed to protect the Union's strategic assets, interests, autonomy or economic security, and in synergy with the EIC Fund and other relevant Union programmes targeting innovative start-ups and scale-ups. |
Or. en
Amendment 2254
Carmen Crespo Díaz, Raúl de la Hoz Quintano
Proposal for a regulation
Article 22 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. It will leverage public investment to catalyse substantial private and institutional capital flows, such as from private equity funds, corporates, pension funds, insurance companies, and other long-term investors, thus deepening Europe’s capital markets and fostering sustainable growth of scale-up companies. | 4. It will leverage public investment to catalyse substantial private and institutional capital flows, such as from private equity funds, corporates, pension funds, insurance companies, and other long-term investors, thus deepening Europe’s capital markets and fostering sustainable growth of scale-up companies, enable early testing and uptake, speed up their progression towards commercially viable applications and foster sustained and close collaboration with relevant industry stakeholders to ensure that supported innovations are aligned with market demand. |
Or. es
Amendment 2255
Benedetta Scuderi
Proposal for a regulation
Article 22 – paragraph 4
| Text proposed by the Commission | Amendment |
|---|---|
| 4. It will leverage public investment to catalyse substantial private and institutional capital flows, such as from private equity funds, corporates, pension funds, insurance companies, and other long-term investors, thus deepening Europe’s capital markets and fostering sustainable growth of scale-up companies. | 4. It shall leverage public investment to catalyse substantial private and institutional capital flows, such as from private equity funds, corporates, pension funds, insurance companies, and other long-term investors, thus deepening Europe’s capital markets and fostering sustainable growth of scale-up companies. |
Or. en
Amendment 2256
Dan Nica
Proposal for a regulation
Article 22 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| Article 22a | |
| Agriculture investments | |
| The ECF InvestEU instrument may support the following activities: | |
| 1) support to financing and investment operations contributing to the resilience, sustainability, competitiveness and strategic autonomy of the Union’s agriculture and food systems. | |
| 2) Support under this Article may cover the following activities: | |
| a) deployment, scaling and industrial uptake of strategic technologies, products, services and infrastructure contributing to agricultural productivity, food security and resilient agri-food value chains; | |
| b) deployment of digital, data-driven and advanced technologies for agriculture and food systems, including precision agriculture, robotics, artificial intelligence, automation and smart farming solutions and rural connectivity; | |
| c) investments contributing to the reduction of strategic dependencies and vulnerabilities affecting the Union’s agriculture and food systems and supporting the resilience, security and sustainability of food supply chains, including fertilizers, sustainable nutrient management and circular use of resources including manure and digestate, food processing, marketing of European products, storage, refrigeration, transport, logistics and distribution infrastructure; | |
| d) deployment of technologies and infrastructure contributing to water efficiency, storage and irrigation, soil protection, biodiversity preservation, climate adaptation and sustainable resource management in agriculture and food production; | |
| e) investments in renewable energy production, energy efficiency, circular economy solution, climate change mitigation potential of the land-based sectors and clean industrial processes within the agri-food sector; | |
| f) support for start-ups, SMEs, farmers, agri-cooperatives including their organizations, producer organizations and small mid-caps active in strategic agri-food technologies and value chains; | |
| g) projects strengthening preparedness and resilience against disruptions affecting food production, strategic infrastructure and storage, agricultural inputs, animal and plant health, or food supply chains. | |
| 3) The Commission shall ensure complementarity and coherence between actions supported under this Article and other Union instruments, including the Regulation [XXXX/XXXX] (NRPPs) Horizon Europe, and the Innovation Fund. |
Or. en
Justification
This proposal is to streamline the funding of the actions related to agriculture and to maximize the resources available.
Amendment 2257
Marc Botenga
Proposal for a regulation
Article 23 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. The InvestEU instrument shall at a minimum allocate 25% of its resources to social objectives and infrastructure and 25% to climate and environmental objectives |
Or. en
Amendment 2258
Oihane Agirregoitia Martínez
Proposal for a regulation
Article 24 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument shall consist of an EU Compartment and a Member State Compartment. | 1. The ECF InvestEU Instrument shall consist of an EU Compartment, a Member State Compartment and a Subnational Compartment |
Or. en
Amendment 2259
Irene Tinagli, Giorgio Gori
Proposal for a regulation
Article 24 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. The ECF InvestEU Instrument shall consist of an EU Compartment and a Member State Compartment. Where appropriate, these compartments may be used in a complementary manner, including through a combination of resources in a layered structure to achieve better risk coverage and to ensure a more efficient use of Union and national resources and guarantees. |
Or. en
Amendment 2260
Oliver Schenk, Hildegard Bentele
Proposal for a regulation
Article 25 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument will be implemented by partners in an open architecture model, including the European Investment Bank (EIB) Group, international financial institutions, the national promotional banks and institutions. | 1. The ECF InvestEU Instrument will be implemented by partners in an open architecture model, including the European Investment Bank (EIB) Group, international financial institutions, the national promotional banks and institutions and regional and sub-national promotional banks and institutions, governed by public or private law of a Member State. |
Or. en
Amendment 2261
Matthias Ecke, Jens Geier
Proposal for a regulation
Article 25 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument will be implemented by partners in an open architecture model, including the European Investment Bank (EIB) Group, international financial institutions, the national promotional banks and institutions. | 1. The ECF InvestEU Instrument will be implemented by partners in an open architecture model, including the European Investment Bank (EIB) Group, international financial institutions, the national promotional banks and institutions and regional and sub-national promotional banks and institutions – in an open architecture model. |
Or. en
Amendment 2262
Yvan Verougstraete, Stine Bosse, Morten Løkkegaard, Christophe Grudler, Barry Andrews, Oihane Agirregoitia Martínez
Proposal for a regulation
Article 25 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument will be implemented by partners in an open architecture model, including the European Investment Bank (EIB) Group, international financial institutions, the national promotional banks and institutions. | 1. The ECF InvestEU Instrument shall be implemented by partners in an open architecture model. Those partners shall include the European Investment Bank (EIB) Group, taking account of its role and experience, international financial institutions, the national promotional banks and institutions. |
Or. en
Amendment 2263
Marc Botenga
Proposal for a regulation
Article 25 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument will be implemented by partners in an open architecture model, including the European Investment Bank (EIB) Group, international financial institutions, the national promotional banks and institutions. | 1. The ECF InvestEU Instrument will be implemented by the European Investment Bank (EIB) Group, in cooperation with national promotional banks and institutions. |
Or. en
Amendment 2264
Barry Andrews
Proposal for a regulation
Article 25 – paragraph 1
| Text proposed by the Commission | Amendment |
|---|---|
| 1. The ECF InvestEU Instrument will be implemented by partners in an open architecture model, including the European Investment Bank (EIB) Group, international financial institutions, the national promotional banks and institutions. | 1. The ECF InvestEU Instrument will be implemented by partners in an open architecture model, including the European Investment Bank (EIB) Group, international financial institutions, the national promotional banks and institutions, and export credit agencies. |
Or. en
Amendment 2265
Benedetta Scuderi
Proposal for a regulation
Article 25 – paragraph 1 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 1 a. 75 % of the EU guarantee under the EU compartment shall be granted to the EIB Group. |
Or. en
Amendment 2266
Marc Botenga
Proposal for a regulation
Article 25 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. By way of derogation from Article 211(5) of Regulation (EU, Euratom) 2024/2509, and subject to Article 12 of this Regulation, the implementation of a budgetary guarantee or financial instrument, including when combined with non-repayable support in a blending operation, may be entrusted to any entity referred to in Article 62(1), first subparagraph, point (c), of Regulation (EU, Euratom) 2024/2509. | deleted |
Or. en
Amendment 2267
Yvan Verougstraete, Stine Bosse, Christophe Grudler, Oihane Agirregoitia Martínez
Proposal for a regulation
Article 25 – paragraph 2
| Text proposed by the Commission | Amendment |
|---|---|
| 2. By way of derogation from Article 211(5) of Regulation (EU, Euratom) 2024/2509, and subject to Article 12 of this Regulation, the implementation of a budgetary guarantee or financial instrument, including when combined with non-repayable support in a blending operation, may be entrusted to any entity referred to in Article 62(1), first subparagraph, point (c), of Regulation (EU, Euratom) 2024/2509. | 2. By way of derogation from Article 211(5) of Regulation (EU, Euratom) 2024/2509, and subject to Article 12 of this Regulation, the implementation of a budgetary guarantee or financial instrument, including when combined with non-repayable support in a blending operation, may be entrusted to any pillar-assessed entity referred to in Article 62(1), first subparagraph, point (c), of Regulation (EU, Euratom) 2024/2509. |
Or. en
Amendment 2268
Matthias Ecke, Jens Geier
Proposal for a regulation
Article 25 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. Member States making specific contributions to the Member State component of the ECF-InvestEU instrument may propose to the Commission suitable implementing partners for the implementation of actions financed from their contributions. In Member States with a federal structure, regional authorities making their own contributions may also submit corresponding proposals. The Commission shall give due consideration to those proposals in the context of the selection decision pursuant to Article 25, without prejudice to the Commission’s responsibility for the implementation of the Union budget pursuant to Article 317 TFEU. |
Or. en
Justification
The draft Regulation opens the possibility for Member State contributions but contains no governance provision for the involvement of contributing Member States in the selection of implementing partners. A right of proposal (not a binding right of designation) preserves the Commission’s responsibility under Art. 317 TFEU while reinforcing the accountability of contributing public entities. Particularly relevant for federal systems such as Germany, where Länder, as institutional owners of regional promotional banks, deploy their own resources.
Amendment 2269
Borys Budka, Danuše Nerudová, Davor Ivo Stier, Nikolina Brnjac, Eszter Lakos, Karlo Ressler, Miriam Lexmann, Adam Jarubas, Krzysztof Hetman, Kamila Gasiuk-Pihowicz, Mirosława Nykiel, Iuliu Winkler, Loránt Vincze, Andrzej Halicki, Virgil-Daniel Popescu, Inese Vaidere, Tomáš Zdechovský, Siegfried Mureşan, Ioan-Rareş Bogdan, Daniel Buda, Gheorghe Falcă, Adina Vălean, Romana Tomc, Jan Farský, Rasa Juknevičienė, Andrey Kovatchev, Andrey Novakov, Eva Maydell, Ilia Lazarov, Sandra Kalniete
Proposal for a regulation
Article 25 – paragraph 2 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 2 a. Best efforts shall be made to ensure that, at the end of the investment period, a wide range of sectors and regions are covered and excessive sectoral or geographical concentration is avoided. Those efforts shall include incentives for smaller or less sophisticated national promotional banks and institutions that have a comparative advantage due to their local presence, knowledge and investment competencies. The Commission shall develop a coherent approach to support those efforts. |
Or. en
Amendment 2270
Marc Botenga
Proposal for a regulation
Article 25 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. In addition to entities referred to in Article 62(1), first subparagraph, point (c), and Article 211(5) of Regulation (EU Euratom) 2024/2029, bodies established in a Member State, governed by the private law of a Member State or Union law may also be exceptionally entrusted, following a positive pillar assessment, with the implementation of a budgetary guarantee or financial instrument, including when combined with non-repayable support in a blending operation, to the extent that such bodies are provided with adequate financial guarantees which may be, for each action, limited to the maximum amount of the Union support. Those bodies governed by private law shall be selected with due account to the nature of the financial instrument or budgetary guarantee to be implemented, the experience and the financial and operational capacity, and their rules and procedures for verifying the economic viability of projects of final recipients. The selection shall be transparent, justified on objective grounds and shall not give rise to a conflict of interests. | deleted |
Or. en
Amendment 2271
Benedetta Scuderi
Proposal for a regulation
Article 25 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. In addition to entities referred to in Article 62(1), first subparagraph, point (c), and Article 211(5) of Regulation (EU Euratom) 2024/2029, bodies established in a Member State, governed by the private law of a Member State or Union law may also be exceptionally entrusted, following a positive pillar assessment, with the implementation of a budgetary guarantee or financial instrument, including when combined with non-repayable support in a blending operation, to the extent that such bodies are provided with adequate financial guarantees which may be, for each action, limited to the maximum amount of the Union support. Those bodies governed by private law shall be selected with due account to the nature of the financial instrument or budgetary guarantee to be implemented, the experience and the financial and operational capacity, and their rules and procedures for verifying the economic viability of projects of final recipients. The selection shall be transparent, justified on objective grounds and shall not give rise to a conflict of interests. | deleted |
Or. en
Amendment 2272
Christian Ehler, Oliver Schenk, Matej Tonin, Adina Vălean, Pilar del Castillo Vera, Hildegard Bentele, Angelika Niebler, Eszter Lakos, Virgil-Daniel Popescu, Susana Solís Pérez
Proposal for a regulation
Article 25 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. In addition to entities referred to in Article 62(1), first subparagraph, point (c), and Article 211(5) of Regulation (EU Euratom) 2024/2029, bodies established in a Member State, governed by the private law of a Member State or Union law may also be exceptionally entrusted, following a positive pillar assessment, with the implementation of a budgetary guarantee or financial instrument, including when combined with non-repayable support in a blending operation, to the extent that such bodies are provided with adequate financial guarantees which may be, for each action, limited to the maximum amount of the Union support. Those bodies governed by private law shall be selected with due account to the nature of the financial instrument or budgetary guarantee to be implemented, the experience and the financial and operational capacity, and their rules and procedures for verifying the economic viability of projects of final recipients. The selection shall be transparent, justified on objective grounds and shall not give rise to a conflict of interests. | 3. In addition to entities referred to in Article 62(1), first subparagraph, point (c), and Article 211(5) of Regulation (EU Euratom) 2024/2029, bodies established in a Member State, governed by the private law of a Member State or Union law shall also be entrusted, following a positive pillar assessment, with the implementation of a budgetary guarantee or financial instrument, including where combined with non-repayable support in a blending operation, to the extent that such bodies are provided with adequate financial guarantees which may be, for each action, limited to the maximum amount of the Union support. Bodies governed by private law shall be selected with due account to the nature of the financial instrument or budgetary guarantee to be implemented, their experience and financial and operational capacity, and their rules and procedures for verifying the economic viability of projects of final recipients. The selection shall be transparent, justified on objective grounds and shall not give rise to a conflict of interests. |
| A minimum of 20% of the budgetary guarantees and financial instruments implemented using the budget from Article 4 shall be entrusted to private implementing partners as referred to in the previous subparagraph. That proportion shall be complied with over the duration of the programme and shall not be subject to derogation, except in duly justified and exceptional circumstances where compliance is objectively impossible; such justification shall be documented and made public without undue delay. |
Or. en
Amendment 2273
Diana Iovanovici Şoşoacă
Proposal for a regulation
Article 25 – paragraph 3
| Text proposed by the Commission | Amendment |
|---|---|
| 3. In addition to entities referred to in Article 62(1), first subparagraph, point (c), and Article 211(5) of Regulation (EU Euratom) 2024/2029, bodies established in a Member State, governed by the private law of a Member State or Union law may also be exceptionally entrusted, following a positive pillar assessment, with the implementation of a budgetary guarantee or financial instrument, including when combined with non-repayable support in a blending operation, to the extent that such bodies are provided with adequate financial guarantees which may be, for each action, limited to the maximum amount of the Union support. Those bodies governed by private law shall be selected with due account to the nature of the financial instrument or budgetary guarantee to be implemented, the experience and the financial and operational capacity, and their rules and procedures for verifying the economic viability of projects of final recipients. The selection shall be transparent, justified on objective grounds and shall not give rise to a conflict of interests. | 3. In addition to entities referred to in Article 62(1), first subparagraph, point (c), and Article 211(5) of Regulation (EU Euratom) 2024/2029, bodies established in a Member State, governed by the private law of a Member State or Union law may also be exceptionally entrusted, following a positive pillar assessment, with the implementation of a budgetary guarantee or financial instrument, including when combined with non-repayable support in a blending operation, to the extent that such bodies are provided with adequate financial guarantees which may be, for each action, limited to the maximum amount of the Union support. Those bodies governed by private law shall be selected with due account to the nature of the financial instrument or budgetary guarantee to be implemented, the experience and the financial and operational capacity, and their rules and procedures for verifying the economic viability of projects of final recipients. The selection shall be transparent and justified on objective grounds and shall not give rise to a conflict of interests. There must also be a mechanism for monitoring actions and regular reporting on the implementation of Union requirements in this field. |
Or. ro
Amendment 2274
Rihards Kols
on behalf of the ECR Group
Proposal for a regulation
Article 25 – paragraph 3 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 a. The Commission shall ensure that the advisory services provided under this Article include dedicated support for small and medium-sized enterprises and mid-cap companies participating or seeking to participate in actions under the resilience and security window and the defence industry and space window referred to in Article 1(2)(c) and (d). Such support shall include guidance on security accreditation requirements, personnel security clearance procedures applicable in different Member States, facility security clearance processes, and the handling of classified and sensitive information pursuant to Commission Decision (EU, Euratom) 2015/444. The Commission shall publish standardised guidance materials for this purpose within 12 months of the entry into force of this Regulation. |
Or. en
Justification
Security-clearance requirements constitute a structural barrier to participation by SMEs and first-time applicants in dual-use and defence-related calls under the ECF. Unlike large defence primes, SMEs do not have in-house legal capacity to navigate personnel and facility clearance procedures across Member States, and these procedures vary significantly in practice. The amendment makes the advisory support function under Article 25 operationally useful for SMEs in sensitive-sector calls, which is consistent with the ECF's objective of broadening the innovation base of the Union's defence industrial and technological base (Article 3(2)(d)), and with the Critical Raw Materials Act's emphasis on diversifying the supplier base.
Amendment 2275
Matthias Ecke, Jens Geier
Proposal for a regulation
Article 25 – paragraph 3 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 a. For national and regional promotional banks and institutions that are subject to the supervision of a Member State and have demonstrably implemented financial instruments or funds under shared management, the Commission shall, in the context of the pillar assessment pursuant to Article 157 of Regulation (EU, Euratom) 2024/2509, give due consideration to management and control systems that have already been subject to audit. Where those systems demonstrate a functional equivalence with the requirements of the pillar assessment, the Commission may apply a simplified, risk-based assessment procedure, provided that an equivalent level of protection of the Union budget is ensured. The detailed arrangements shall be established by implementing acts. |
Or. en
Justification
The pillar assessment remains the central instrument for protecting the Union budget. However, there are substantial functional overlaps between the audit requirements applicable under shared management (ERDF/ESF/JTF) and those of the pillar assessment under Art. 157 FR 2024/2509.
Amendment 2276
Borys Budka, Danuše Nerudová, Davor Ivo Stier, Nikolina Brnjac, Eszter Lakos, Karlo Ressler, Miriam Lexmann, Adam Jarubas, Krzysztof Hetman, Kamila Gasiuk-Pihowicz, Mirosława Nykiel, Iuliu Winkler, Loránt Vincze, Andrzej Halicki, Virgil-Daniel Popescu, Inese Vaidere, Tomáš Zdechovský, Siegfried Mureşan, Ioan-Rareş Bogdan, Daniel Buda, Gheorghe Falcă, Adina Vălean, Romana Tomc, Jan Farský, Rasa Juknevičienė, Andrey Kovatchev, Andrey Novakov, Eva Maydell, Ilia Lazarov, Sandra Kalniete
Proposal for a regulation
Article 25 – paragraph 3 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 a. In addition to entities referred to in Article 62(1), first subparagraph, point (c), and Article 211(5) of Regulation (EU Euratom) 2024/2029, a smaller or less sophisticated national promotional banks and institutions with a comparative advantage stemming from their local presence, knowledge and investment competencies may also be entrusted, under the conditions set out in paragraph 3 of this article, with the implementation of a budgetary guarantee or financial instrument. |
Or. en
Amendment 2277
Yvan Verougstraete, Brigitte van den Berg, Stine Bosse, Christophe Grudler, Oihane Agirregoitia Martínez
Proposal for a regulation
Article 25 – paragraph 3 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 a. The Commission may avail itself of the possibility of entrusting implementation of a budgetary guarantee or financial instrument, including when combined with non-repayable support in a blending operation, provided for in the first subparagraph only where it is not able to entrust such implementation to any person or entity as referred to in Article 62(1), first subparagraph, point (c), and Article 211(5) of Regulation (EU Euratom) 2024/2029. |
Or. en
Amendment 2278
Christian Ehler, Oliver Schenk, Matej Tonin, Adina Vălean, Pilar del Castillo Vera, Hildegard Bentele, Angelika Niebler, Eszter Lakos, Wouter Beke, Virgil-Daniel Popescu, Susana Solís Pérez, Dimitris Tsiodras
Proposal for a regulation
Article 25 – paragraph 3 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 a. Implementing partners under EU Regulation (EU) 2021/523 shall not be required to enter into a new guarantee agreement under the ECF InvestEU Instrument, but may implement the ECF InvestEU Instrument based on the guarantee agreements under EU Regulation (EU) 2021/523, which shall be amended to allow their continued application under this Regulation, including as regards the thematic focus of the ECF InvestEU Instrument. |
Or. en
Amendment 2279
Oliver Schenk, Hildegard Bentele
Proposal for a regulation
Article 25 – paragraph 3 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 a. For national, regional and sub-national banks and institutions subject to the supervision of a Member State, the Commission shall, in the context of the pillar assessment pursuant to Article 157 of Regulation (EU, Euratom) 2024/2509, duly take into account existing audit work and assurance obtained in accordance with Article 127 of that Regulation. |
Or. en
Amendment 2280
Aura Salla
Proposal for a regulation
Article 25 – paragraph 3 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 a. Implementing partners under EU Regulation (EU) 2021/523 shall not be required to enter into a new guarantee agreement under the ECF InvestEU Instrument, but may implement the ECF InvestEU Instrument based on the guarantee agreements under EU Regulation (EU) 2021/523, which may be amended to extend their application under this Regulation. |
Or. en
Justification
To ensure legal certainty and swift market deployment, the Regulation should allow ECF InvestEU implementation to build on existing InvestEU implementing partners, agreements and financial products. Technical arrangements should be developed in consultation with implementing partners and preserve established terms where appropriate.
Amendment 2281
Matthias Ecke, Jens Geier
Proposal for a regulation
Article 25 – paragraph 3 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 b. The Commission shall ensure that an appropriate share of the funds deployed through financial instruments under the ECF-InvestEU instrument is implemented directly by regional or sub-national promotional banks and institutions within the meaning of paragraph 1, provided that those entities have either successfully completed a simplified pillar assessment pursuant to paragraph 3a or are subject to the banking supervision of a Member State. |
Or. en
Amendment 2282
Yvan Verougstraete, Brigitte van den Berg, Stine Bosse, Christophe Grudler, Oihane Agirregoitia Martínez, Bart Groothuis
Proposal for a regulation
Article 25 – paragraph 3 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 b. Bodies governed by the private law of a Member State or Union law that are entrusted, pursuant to the first subparagraph, with implementation of a budgetary guarantee or financial instrument, including when combined with non-repayable support in a blending operation, shall be subject to the same rules and obligations as laid down in the Financial Regulation as other implementing partners. |
Or. en
Amendment 2283
Yvan Verougstraete, Brigitte van den Berg, Stine Bosse, Morten Løkkegaard, Christophe Grudler, Oihane Agirregoitia Martínez, Bart Groothuis
Proposal for a regulation
Article 25 – paragraph 3 c (new)
| Text proposed by the Commission | Amendment |
|---|---|
| 3 c. The Commission may, in the implementation of the ECF InvestEU Instrument, rely on and reuse in full or in part the agreements with implementing partners concluded under Regulation (EU) 2021/523, and on assessments made by itself or other entities in the context of agreements under that Regulation. |
Or. en
Amendment 2284
Julie Rechagneux, Aleksandar Nikolic, Mélanie Disdier
Proposal for a regulation
Article 25 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| Article25a | |
| Co-investment partners | |
| 1. In order to maximise the leverage effect of the ECF InvestEU Instrument and crowd in additional private capital in support of the Union’s strategic priorities, the Commission may recognise private investors as co-investment partners under the ECF InvestEU framework. | |
| 2. In order to maximise the leverage effect of the ECF InvestEU Instrument and crowd in additional private capital in support of the Union’s strategic priorities, the Commission may recognise private investors as co-investment partners under the ECF InvestEU framework. | |
| 3. Co-investment partners shall contribute to the objectives of the ECF InvestEU Instrument by combining their own capital with Union funding and budgetary guarantees and by deploying their usual investment modalities and financial instruments in blended finance operations, including equity, quasi-equity, venture capital, growth capital, pre-IPO financing, fund-of-funds structures, secondary market interventions and other long-term investment vehicles supporting the Union’s strategic priorities and long-term competitiveness. | |
| 4. Co-investment partners shall: | |
| (a) co-invest with the ECF in operations supporting the Union’s strategic priorities; | |
| (b) comply with the investment guidelines referred to in Article [X], including requirements relating to the long-term competitiveness and strategic autonomy of the Union, alignment of investment strategies with the Union’s strategic interests, sound and responsible investment practices, and conditions governing the exit, transfer or resale of supported assets and strategic capabilities; | |
| (c) contribute to the mobilisation of long-term private investment throughout the investment journey, including for scale-up, industrial deployment and manufacturing activities. | |
| 5. The recognition of co-investment partners shall be subject to a qualification process conducted by the Commission in accordance with transparent, proportionate and objective criteria established in the investment guidelines referred to in Article [X]. | |
| 6. Recognition as a co-investment partner shall not constitute the entrustment of budgetary implementation tasks within the meaning of Article 62 of Regulation (EU, Euratom) 2024/2509. | |
| 7. The Investment Committee referred to in Article 14 shall review the participation of co-investment partners in supported operations and verify their compliance with the applicable investment guidelines and strategic safeguards laid down under this Regulation. |
Or. en
Amendment 2285
Sarah Knafo
Proposal for a regulation
Article 25 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| Article 25a | |
| Co-investment partners | |
| 1. To maximise the leverage effect of the ECF InvestEU Instrument and crowd in additional private capital in support of the Union's strategic priorities, the Commission may recognise private investors as co-investment partners under the ECF InvestEU framework. | |
| 2. Co-investment partners shall contribute to the objectives of the ECF InvestEU Instrument by combining their own capital with Union funding and budgetary guarantees, deploying their usual investment modalities and financial instruments in blended finance operations, including equity, quasi-equity, venture capital, growth capital, pre-IPO financing, fund-of-funds structures and other long-term investment vehicles. | |
| 3. Co-investment partners shall: | |
| (a) co-invest with the ECF in operations supporting the Union's strategic priorities; | |
| (b) comply with the investment guidelines referred to in Recital 67 of this Regulation, including requirements relating to the long-term competitiveness and strategic autonomy of the Union, alignment of investment strategies with the Union's strategic interests, and conditions governing the exit, transfer or resale of supported assets; | |
| (c) contribute to the mobilisation of long-term private investment throughout the investment journey, including for scale-up, industrial deployment and manufacturing activities. | |
| 4. The recognition of co-investment partners shall be subject to a qualification process conducted by the Commission in accordance with transparent, proportionate and objective criteria. Recognition as a co-investment partner shall not constitute the entrustment of budgetary implementation tasks within the meaning of Article 62 of Regulation (EU, Euratom) 2024/2509. |
Or. en
Amendment 2286
Marc Botenga
Proposal for a regulation
Article 25 a (new)
| Text proposed by the Commission | Amendment |
|---|---|
| Article 25a | |
| Audits | |
| 1. The actions under the InvestEU Instrument shall be subject to regular audits by the European Anti-Fraud Office (OLAF) and the European Court of Auditors (ECA). | |
| 2. The implementing bodies and recipients shall provide OLAF and the ECA full access to all relevant information, documents and contracts, scoreboards, sustainability assessments and other data for the exercise of their functions. | |
| 3. Audit activities shall assess: | |
| (a) compliance with Union law and this Regulation; | |
| (b) the use of Union funds; | |
| (c) the social and environmental impacts; | |
| (d) compliance with transparency and reporting obligations; | |
| (e) possible conflicts of interest. | |
| 4. The Commission shall publish annually a summary of the findings and recommendations resulting from audits and controls carried out under this Article, subject only to duly justified confidentiality requirements under Union law. |
Or. en
Amendment 2287
Marc Botenga
Proposal for a regulation
Article 25 b (new)
| Text proposed by the Commission | Amendment |
|---|---|
| Article 25b | |
| KPIs | |
| 1. The implementation of the InvestEU Instrument shall be assessed and monitored through measurable and publicly available Key Performance Indicators (KPIs) aligned with the policy windows of this Regulation | |
| 2. They may include but are not limited to: reduction of strategic dependencies, contribution to the buildup of public infrastructure, the interoperability of Union digital systems, the public availaibility of results, the advancement the creation and preservation of quality jobs,... | |
| 3. The Commission shall adopt an implementing act establishing a framework for each policy window with relevant KPIs and a methodology to measure, compare and assess progress. |
Or. en