### with the agreement of applicants concerned , the commission or funding bodies implementing horizon europe may directly submit for evaluation under the last evaluation criterion a proposal for an innovation and market deployment action which already fulfils the first two criteria , subject to the following cumulative conditions : ### with the agreement of applicants concerned , the commission or funding bodies implementing programme may directly submit for evaluation under the last evaluation criterion a proposal for an innovation and market deployment action which already fulfils the first two criteria , subject to the following cumulative conditions :


### the commission is empowered to adopt delegated acts in accordance with article 50 concerning amendments to annex v to supplement or amend the impact pathway indicators , where considered necessary , and set baselines and targets . ### the commission is empowered to adopt delegated acts in accordance with article 50 concerning the comprehensive programme as provide in article 5 and amendments to annex v to supplement or amend the impact pathway indicators , where considered necessary , and set baselines and targets .


### the performance reporting system shall ensure that data for monitoring programme implementation and results are collected efficiently , effectively and in a timely manner . to that end , proportionate reporting requirements shall be imposed on recipients of union funds and member states . ### the performance reporting system shall ensure that data for monitoring programme implementation and results are collected efficiently , effectively on annual basis , and every six months . to that end , proportionate reporting requirements shall be imposed on recipients of union funds and member states .


### the commission shall implement information and communication actions relating to the programme , and its actions and results . financial resources allocated to the programme shall also contribute to the corporate communication of the political priorities of the union , as far as they are related to the objectives referred to in article 3 . ### the commission shall implement information and communication actions relating to the programme , and its actions and results in accordance with the eu corporate communication strategy .


### the commission shall also establish a dissemination and exploitation strategy for increasing the availability and diffusion of the programme’s research and innovation results and knowledge to accelerate exploitation towards market uptake and boost the impact of the programme . financial resources allocated to the programme shall also contribute to the corporate communication of the political priorities of the union as well as information , communication , publicity , dissemination and exploitation activities as far as they are related to the objectives referred to in article 3 . ### the commission shall also establish a dissemination and exploitation strategy for increasing the availability and diffusion of the programme’s research and innovation results and knowledge to accelerate exploitation towards the uptake in the market , the public sector and the civil society and boost the impact of the programme , ensuring that the results of the research do not end up being a factor for social inequality . financial resources allocated to the programme shall also contribute to the corporate communication of the political priorities of the union as well as information , communication , publicity , dissemination and exploitation activities as far as they are related to the objectives referred to in article 3 .


### the recipients of union funding shall acknowledge the origin and ensure the visibility of the union funding by providing coherent , effective and proportionate targeted information to multiple audiences , including the media and the public . ### the recipients of union funding shall acknowledge the origin and ensure the visibility of the union funding by providing clear , coherent , effective and proportionate targeted information to multiple audiences , including the media and the public .


### the commission shall implement information and communication actions relating to the programme , and its actions and results . financial resources allocated to the programme shall also contribute to the corporate communication of the political priorities of the union , as far as they are related to the objectives referred to in article 3 . ### the commission shall develop an information and communication strategy and shall implement information and communication actions relating to the programme , its added value , actions and results . these actions shall be developed in partnership with national regional and local authorities and shall aim at raising awareness and visibility as well as at promoting cooperation and exchanges of experience and synergies . financial resources allocated to the programme shall also contribute to the corporate communication of the political priorities of the union , as far as they are related to the objectives referred to in article 3 .


### the interim evaluation of the programme shall be carried out once there is sufficient information available about the implementation of the programme , but no later than four years after the start of the programme implementation . it shall include an assessment of the long - term impact of previous framework programmes and shall form the basis to adjust programme implementation , as appropriate . ### the interim evaluation of the programme shall be carried out once there is sufficient information available about the implementation of the programme , but no later than four years after the start of the programme implementation . it shall include an assessment of the long - term impact of previous framework programmes and shall form the basis to adjust programme implementation , as appropriate . it shall assess programme’s effectiveness , efficiency , relevance , coherence and eu added value with the aim to improve the quality of the design and implementation of the programme .


### the commission shall communicate the conclusions of the evaluations accompanied by its observations , to the european parliament , the council , the european economic and social committee and the committee of the regions . ### the commission shall communicate and justify the conclusions of the evaluations accompanied by its observations as well as present the way and schedule of its implementation to the european parliament , the council , the european economic and social committee and the committee of the regions . the commission is also obliged to communicate those conclusions to the beneficiaries and stakeholders .


### the control system for the programme shall ensure an appropriate balance between trust and control , taking into account administrative and other costs of controls at all levels , especially for beneficiaries . ### audits shall be based on principle and trust . audit rules shall be clear and consistent throughout the programme . 1a . the control system for the programme shall ensure an appropriate balance between trust and control , taking into account administrative and other costs of controls at all levels , especially for beneficiaries .


### pillar i ' open science ' . ### pillar i ' excellent and open science’


### areas of intervention : nurturing excellence through mobility of researchers across borders , sectors and disciplines ; fostering new skills through excellent training of researchers ; strengthening human capital and skills development across the european research area ; improving and facilitating synergies ; promoting public outreach . ### areas of intervention : nurturing excellence through mobility of researchers across borders , sectors and disciplines through exchange of good practices ; fostering new skills through lifelong excellent training of researchers and taking into account developments of new technologies ; strengthening human capital and skills development across the european research area , with special attention to less developed regions ; improving and facilitating synergies ; promoting public outreach .


### cluster ' health ' : improving and protecting the health of citizens at all ages , by developing innovative solutions to prevent , diagnose , monitor , treat and cure diseases ; mitigating health risks , protecting populations and promoting good health ; making public health systems more cost - effective , equitable and sustainable ; and supporting and enabling patients ' participation and self - management . ### cluster ' health ' : improving and protecting the health of citizens at all ages , by developing innovative , effective , safe and accessible solutions , including through policy research , to prevent , diagnose , monitor , treat and cure diseases , including diseases associated with high mortality and long - term morbidity ; mitigating health risks , protecting populations and promoting good health ; making public health systems more cost - effective , person - centred , equitable and sustainable ; and supporting and enabling patients ' participation and self - management .


### cluster ' inclusive and secure society ' : strengthening european democratic values , including rule of law and fundamental rights , safeguarding our cultural heritage , and promoting socio - economic transformations that contribute to inclusion and growth , while responding to the challenges arising from persistent security threats , including cybercrime , as well as natural and man - made disasters . ### cluster ' inclusive and secure society ' : strengthening european democratic values , including rule of law and fundamental rights , safeguarding and promoting our cultural heritage , and promoting socio - economic transformations that contribute to inclusion and growth , including migration management , while responding to the challenges arising from persistent security threats , including cybercrime , as well as natural and man - made disasters .


### cluster ' climate , energy and mobility ' : fighting climate change by better understanding its causes , evolution , risks , impacts and opportunities , and by making the energy and transport sectors more climate and environment - friendly , more efficient and competitive , smarter , safer and more resilient . ### cluster ' climate , energy and mobility ' : fighting climate change by better understanding its causes , evolution , risks , impacts and opportunities , ; and by making the energy and transport sectors more climate and environment - friendly , more resource and energy efficient , competitive , smarter , safer and more resilient ; and promoting the use of renewable energy and the circular economy in order to achieve 2050 low - carbon economy goals .


### areas of intervention : climate science and solutions ; energy supply ; energy systems and grids ; buildings and industrial facilities in energy transition ; communities and cities ; industrial competitiveness in transport ; clean transport and mobility ; smart mobility ; energy storage . ### areas of intervention : climate science and solutions ; energy supply ; energy systems and grids ; buildings and industrial facilities in energy transition ; energy efficient buildings ; renewable energy ; communities and cities ; remote and outermost regions ; oceans ; industrial competitiveness and / or sustainability in transport ; clean transport and mobility ; smart mobility , including low and zero - emission vehicles and refuel and recharging infrastructure deployment ; cross - border interconnection ; energy storage .


### areas of intervention : environmental observation ; biodiversity and natural capital ; agriculture , forestry and rural areas ; sea and oceans ; food systems ; bio - based innovation systems ; circular systems ### areas of intervention : environmental observation ; biodiversity and natural capital ; agriculture , forestry and rural areas ; sea and oceans ; food systems and natural resources management ; bio - based innovation systems ; circular systems


### areas of intervention : health ; resilience and security ; digital and industry ; climate , energy and mobility ; food and natural resources ; support to the functioning of the internal market and the economic governance of the union ; support to member states with implementation of legislation and development of smart specialisation strategies ; analytical tools and methods for policy making ; knowledge management ; knowledge and technology transfer ; support to science for policy platforms . ### areas of intervention : health ; resilience and security ; digital and industry ; climate , energy and mobility ; food and natural resources ; support to the functioning of the internal market and the economic governance of the union ; support to member states with implementation of legislation and development of smart specialisation strategies and where appropriate , assistance to strengthen their “stairway to excellence” ; analytical tools and methods for policy making ; knowledge management ; knowledge and technology transfer through specialised networks or exchange of good practices ; support to science for policy platforms .


### through the following activities , this part will , in line with article 4 , optimise the programme ' s delivery for increased impact within a strengthened european research area . it will also support the programme ' s other specific objectives as described in article 3 . while underpinning the entire programme , this part will support activities that contribute to a more knowledge - based and innovative and gender - equal europe , at the front edge of global competition , thereby optimising national strengths and potential across europe in a well performing european research area , where knowledge and a highly skilled workforce circulate freely , where the outcomes of r&i are understood and trusted by informed citizens and benefit society as a whole , and where eu policy , notably r&i policy , is based on high quality scientific evidence . ### through the following activities , this part will , in line with article 4 , optimise the programme ' s delivery for increased impact within a strengthened european research area . it will also support the programme ' s other specific objectives as described in article 3 . while underpinning the entire programme , this part will support activities that contribute to a more territorial balanced knowledge - based and innovative and gender - equal europe , at the front edge of global competition , thereby optimising national strengths and potential across europe in a well performing european research area , where knowledge and a highly skilled workforce circulate freely , where the outcomes of r&i are understood and trusted by informed citizens and benefit society as a whole , and where eu policy , notably r&i policy , is based on high quality scientific evidence .


### evidence that the european partnership is more effective in achieving the related objectives of the programme , in particular in delivering clear impacts for the eu and its citizens , notably in view of delivering on global challenges and research and innovation objectives , securing eu competitiveness and contributing to the strengthening of the european research and innovation area and international commitments ; ### evidence that the european partnership is more effective in achieving the related objectives of the programme , in particular in delivering clear impacts for the eu and its citizens , in creating spill over effects on the economy and society , notably in view of delivering on global challenges and research and innovation objectives , securing eu competitiveness and contributing to the strengthening of the european research and innovation area and international commitments ;


### –identification of measurable expected outcomes , deliverables and impacts within specific timeframes , including key economic value for europe ; ### –identification of performance indicators , measurable expected outcomes , deliverables and impacts within specific timeframes , including key economic value for europe ;


### –approaches to ensure flexibility of implementation and to adjust to changing policy or market needs , or scientific advances ; ### –approaches to ensure flexibility of implementation and to adjust to changing policy or societal needs , or scientific advances ;


### legally binding commitments , in particular for financial contributions , from each partner throughout the lifetime of the initiative ; ### long - term balanced commitments , in particular for in - kind and / or financial contributions , from each partner throughout the lifetime of the initiative ;


### legally binding commitments , in particular for financial contributions , from each partner throughout the lifetime of the initiative ; ### legally binding commitments , in particular for financial and / or in - kind contributions , from each partner throughout the lifetime of the initiative ;


### arrangements for combined funding from erdf and programme are used to support activities providing a bridge between smart specialisation strategies and international excellence in research and innovation , including joint trans - regional / trans - national programmes and pan european research infrastructure , with the aim of strengthening the european research area , ### arrangements for combined funding from erdf and programme are used to support activities , like stairway to excellence , providing a bridge between smart specialisation strategies and international excellence in research and innovation , including joint trans - regional / trans - national programmes and pan european research infrastructure , with the aim of strengthening the european research area ,


### arrangements for complementary funding from esf + can be used to support activities promoting human capital development in research and innovation with the aim of strengthening the european research area ; ### arrangements for complementary funding from esf + can be used to support activities promoting human capital development in research and innovation and social innovation with the aim of strengthening the european research area ;


### regulation no [ xxxx ] has a central objective of the progressive elimination of discards in all eu fisheries through the introduction of a landing obligation for catches of species subject to catch limits and species covered by minimum sizes in the mediterranean . in order to make this landing obligation operational certain provisions within the current technical measures and control regulations run contrary to the landing obligation and oblige fishermen to discard fish and should be removed or amended . ### regulation no [ xxxx ] has a central objective of the progressive elimination of discards in all eu fisheries through the introduction of a landing obligation for catches of species subject to catch limits and species covered by minimum sizes in the mediterranean . in order to make this landing obligation operational for the fisheries concerned on 1&#160 ; january 2015 , certain provisions within the current technical measures and control regulations run contrary to the landing obligation and oblige fishermen to discard fish and should be removed or amended .


### in particular , in order to ensure the implementation of the landing obligation council regulation no 850 / 98 for the conservation of fishery resources through technical measures for the protection of juveniles of marine organisms should be amended by requiring that all unintended catches of marine organisms subject to the landing obligation and caught in excess of catch composition rules should be landed and counted against quotas ; by replacing minimum landing sizes for marine organisms subject to the landing obligation with minimum conservation reference sizes ; and by requiring all unintended catches of marine organisms caught in excess of bycatch provisions in specific areas , at specific times and for specified gear types to be landed and counted against quotas . ### in particular , in order to ensure the implementation of the landing obligation for species to which that obligation applies as from 1 january 2015 , council regulation no 850 / 98 for the conservation of fishery resources through technical measures for the protection of juveniles of marine organisms should be amended by requiring that all unintended catches of marine organisms subject to the landing obligation and caught in excess of catch composition rules should be landed and counted against quotas ; by replacing minimum landing sizes for marine organisms subject to the landing obligation with minimum conservation reference sizes ; and by requiring all unintended catches of marine organisms caught in excess of bycatch provisions in specific areas , at specific times and for specified gear types to be landed and counted against quotas .


### in order to ensure the implementation of the landing obligation control regulation 1224 / 2009 establishing a community control system for ensuring compliance with the rules of the common fisheries policy , amending regulations no 847 / 96 , no 2371 / 2002 , no 811 / 2004 , no 768 / 2005 , no 2115 / 2005 , no 2166 / 2005 , no 388 / 2006 , no 509 / 2007 , no 676 / 2007 , no 1098 / 2007 , no 1300 / 2008 , no 1342 / 2008 and repealing regulations no 2847 / 93 , no 1627 / 94 and no 1966 / 2006 should be amended to ensure monitoring of the landing obligation . for this purpose fishing authorisations should apply to fisheries subject to a landing obligation ; data on catches of all species shall be recorded irrespective of a weight threshold ; data on catches below minimum conservation reference sizes should be recorded separately ; in view of the difficulty to establish the exact quantity of small catches on board a fishing vessel a higher margin of tolerance should apply for estimates of small catches in logbooks and transhipment declarations ; rules for remote electronic monitoring should be established for the recording of data for monitoring the landing obligation at sea ; rules on a separate stowage of catches and control of marketing of catches below minimum conservation reference sizes should be set up ; and the conditions for the use of control observers for monitoring purposes should be defined . ### in order to ensure the implementation of the landing obligation control regulation 1224 / 2009 establishing a community control system for ensuring compliance with the rules of the common fisheries policy , amending regulations no 847 / 96 , no 2371 / 2002 , no 811 / 2004 , no 768 / 2005 , no 2115 / 2005 , no 2166 / 2005 , no 388 / 2006 , no 509 / 2007 , no 676 / 2007 , no 1098 / 2007 , no 1300 / 2008 , no 1342 / 2008 and repealing regulations no 2847 / 93 , no 1627 / 94 and no 1966 / 2006 should be amended to ensure monitoring of the landing obligation . catches of all species shall be recorded , starting from the threshold of 50kg live weight ; data on catches below minimum conservation reference sizes should be recorded separately ; in view of the difficulty to establish the exact quantity of small catches on board a fishing vessel a higher margin of tolerance should apply for estimates of small catches in logbooks and transhipment declarations ; the prerogatives of member states as regards monitoring and verifying compliance with the landing obligation at sea must be respected ; rules on a separate stowage of catches and control of marketing of catches below minimum conservation reference sizes should be set up ; and the conditions for the use of control observers for monitoring purposes should be defined .


### by way of derogation from the first subparagraph , landings shall not be prohibited where the conditions established in annex x cannot be complied with because of unintended catches of marine organisms subject to the landing obligation set out in article 15 of regulation [ xxxx ] . those unintended catches shall be landed and counted against quotas . ### by way of derogation from the first subparagraph , the catch composition rules set out in annexes i to v to this regulation shall not apply in the case of fisheries to which the landing obligation set out in article 15 of regulation no 1380 / 2013 applies as from 1 january 2015 .


### by way of derogation from the first subparagraph , landings shall not be prohibited where the conditions established in annexes i to v cannot be complied with because of unintended catches of marine organisms subject to the landing obligation set out in article 15 of regulation [ xxxx ] . those unintended catches shall be landed and counted against quotas . ### by way of derogation from the first subparagraph , the catch composition rules set out in annex x to this regulation shall not apply in the case of fisheries to which the landing obligation set out in article 15 of regulation no 1380 / 2013 applies as from 1 january 2015 .


### article 11 is amended as follows : in paragraph , the following subparagraph is added : ' by way of derogation from point of the first subparagraph , the use or keeping on board of bottom set gillnets , entangling nets or trammel nets shall not be prohibited where the conditions established in that point cannot be complied with because of unintended catches of marine organisms subject to the landing obligation set out in article 15 of regulation [ xxxx ] . those unintended catches shall be landed and counted against quotas . ' ### article 11 is amended as follows : in paragraph , the following subparagraph is added : ' by way of derogation from point of the first subparagraph , the catch composition rules set out in annexes vi to vii to this regulation shall not apply in the case of fisheries to which the landing obligation set out in article 15 of regulation 1380 / 2013 applies as from 1 january 2015 . '


### before they start fishing in any management area on a specific fishing trip , masters of fishing vessels shall ensure they have quotas for stocks subject to catch limits that are sufficient to cover their likely catch composition and the permitted percentages during that trip . ### before they start fishing in any management area on a specific fishing trip , masters of fishing vessels shall endeavour to ensure they have quotas for stocks subject to catch limits that are sufficient to cover their likely catch composition and the permitted percentages during that trip .


### where the fish or shellfish referred to in point of the first subparagraph is subject to the landing obligation set out in article 15 of regulation [ xxxx ] , the condition laid down in that point shall be replaced by the condition that such fish or shellfish is not targeted . unintended catches of such fish or shellfish shall be landed and counted against quotas . ### unintended catches of species subject as from 1 january 2015 to the landing obligation set out in article 15 of regulation 1380 / 2013 shall be landed and counted against quotas . however , targeted fishing for species not listed in point b ) shall be prohibited .


### where the fish referred to in point of the first subparagraph is subject to the landing obligation set out in article 15 of regulation [ xxxx ] , the condition laid down in that point shall be replaced by the condition that such fish is not targeted . unintended catches of such fish shall be landed and counted against quotas . ### unintended catches of species subject as from 1 january 2015 to the landing obligation set out in article 15 of regulation no 1380 / 2013 shall be landed and counted against quotas . however , targeted fishing for species not listed in point b ) shall be prohibited .


### article 29e , the following subparagraph is added : ' where the fish referred to in point of the first subparagraph is subject to the landing obligation set out in article 15 of regulation [ xxxx ] , the condition laid down in that point shall be replaced by the condition that such fish is not targeted . unintended catches of such fish shall be landed and counted against quotas . ' ### article 29e , the following subparagraph is added : ' unintended catches of species subject as from 1 january 2015 to the landing obligation set out in article 15 of regulation 1380 / 2013 shall be landed and counted against quotas . however , targeted fishing for species not listed in point b ) shall be prohibited” ;


### the following article 25a is inserted after article 25 : ' article 25a remote electronic monitoring fishing vessels that , in accordance with union legislation or a decision of a member state , are subject to the utilisation of remote electronic monitoring for the purpose of monitoring of the landing obligation as established in article 15 of regulation [ xxxx ] , shall have installed the devices of a remote electronic monitoring system . that system shall ensure the recording at all times of data of fishing activities and activities related to them by cameras , including the processing of the catch . 2 . the fishing vessels referred to in paragraph 1 shall also be equipped with : removable data storage devices approved by the competent authorities where all images of the fishing activities shall be saved at all times ; and b ) sensors attached to the systems operating the fishing gear and to the winch or the net drum , recording all movements related to the setting and hauling of the fishing gear . 3 . the remote electronic monitoring systems installed on board fishing vessels shall operate fully automatically , shall not permit the input or output of false positions and shall not be capable of being manually over - ridden . 4 . member states shall ensure that they have the technical capacity to analyse and make effective use of the information provided by the remote electronic monitoring system . 5 . the commission shall be empowered to adopt delegated acts in accordance with the article 119a concerning : the data to be recorded and processed by the remote electronic monitoring systems ; b ) the responsibilities of masters concerning the remote electronic monitoring systems ; b ) the responsibilities of masters concerning the remote electronic monitoring systems ; c ) the measures to be taken in case of a technical failure or non - functioning of the remote electronic monitoring systems ; d ) reporting obligations of member states on the use of remote electronic monitoring systems . 6 . the commission shall , by means of implementing acts , lay down detailed rules on : the requirements of remote electronic monitoring systems ; b ) the specifications of remote electronic monitoring systems ; c ) the control measures to be adopted by the flag member state ; d ) the access of the commission to data of the remote electronic monitoring systems . those implementing acts shall be adopted in accordance with the examination procedure referred to in article 119 . ' ### the following article 25a is inserted after article 25 : ' article 25a monitoring , verification and recording of data of fishing activities member states must ensure that they have at their disposal , in line with the timetable for implementation of the landing obligation as established in article 15 of regulation no 1380 / 2013 , the requisite technical capacities and human resources to ensure the permanent recording of data of fishing activities and related activities , including the processing of catches . 2 . the recording of data referred to in paragraph 1 shall be performed , in line with eu law or specific decisions adopted by member states , using transparent data on catches and logbooks and : an ' on - board observer ' system ; or b ) an ‘ inspection at sea’ system , by means of aircraft or patrol vessels ; or c ) a remote electronic monitoring system ; or d ) any other equivalent monitoring system . 3 . the commission shall be empowered to adopt delegated acts , in accordance with the article 119a , in respect of the common requirements and criteria for the remote electronic monitoring systems referred to in paragraph 2 .


### annex xii is replaced by the following : [ … ] ### in annex xii to regulation no&#160 ; 850 / 98 , the term ' minimum size / s ' shall be replaced by the term ' minimum conservation reference size / s ' .


### annex iv is replaced by the following : [ … ] ### in annex iv to regulation no&#160 ; 2187 / 2005 , the term ' minimum size / s ' shall be replaced by the term ' minimum conservation reference size / s ' .


### annex iii to regulation no 1967 / 2006 is replaced by the following : [ … ] ### in annex iii to regulation no 1967 / 2006 , the term ' minimum size / s ' shall be replaced by the term ' minimum conservation reference size / s ' .


### many small and medium enterprises , as well as mid - cap companies , across the union require assistance to attract market financing , especially as regards investments that carry a greater degree of risk . the efsi should help these businesses to overcome capital shortages by allowing the eib and the european investment fund to provide direct and indirect equity injections , as well as to provide guarantees for high - quality securitisation of loans , and other products that are granted in pursuit of the aims of the efsi . ### many small and medium enterprises , as well as mid - cap companies , across the union require assistance to attract market financing , especially as regards investments that carry a greater degree of risk . this is particularly true of businesses in rural areas , where economic growth and the preservation of jobs are urgently needed in order to prevent rural depopulation . the efsi should help these businesses to overcome capital shortages by allowing the eib and the european investment fund to provide direct and indirect equity injections , as well as to provide guarantees for high - quality securitisation of loans , and other products that are granted in pursuit of the aims of the efsi .


### many small and medium enterprises , as well as mid - cap companies , across the union require assistance to attract market financing , especially as regards investments that carry a greater degree of risk . the efsi should help these businesses to overcome capital shortages by allowing the eib and the european investment fund to provide direct and indirect equity injections , as well as to provide guarantees for high - quality securitisation of loans , and other products that are granted in pursuit of the aims of the efsi . ### many small and medium enterprises , as well as mid - cap companies , across the union require assistance to attract market financing , especially as regards investments that carry a greater degree of risk . this is particularly true of micro enterprises and smes in rural areas , where economic growth and job creation are urgently needed in order to halt rural depopulation immediately . the efsi should help these businesses to overcome capital shortages by allowing the eib and the european investment fund to provide direct and indirect equity injections , as well as to provide guarantees for high - quality securitisation of loans , and other products that are granted in pursuit of the aims of the efsi .


### the efsi should target projects delivering high societal and economic value . in particular , the efsi should target projects that promote job creation , long - term growth and competitiveness . the efsi should support a wide range of financial products , including equity , debt or guarantees , to best accommodate the needs of the individual project . this wide range of products should allow the efsi to adapt to market needs whilst encouraging private investment in the projects . the efsi should not be a substitute for private market finance but should instead catalyse private finance by addressing market failures so as to ensure the most effective and strategic use of public money . the requirement for consistency with state aid principles should contribute to such effective and strategic use . ### the efsi should target projects delivering high societal and economic value . in particular , the efsi should target projects that promote job creation , long - term growth and competitiveness , especially infrastructure measures . the efsi should support a wide range of financial products , including equity , debt or guarantees , to best accommodate the needs of the individual project . this wide range of products should allow the efsi to adapt to market needs whilst encouraging private investment in the projects . the efsi should not be a substitute for private market finance but should instead catalyse private finance by addressing market failures , without adding to administrative burden or creating additional payment systems , which would undermine the efficiency of the efsi’s objectives , so as to ensure the most effective and strategic use of public money . the requirement for consistency with state aid principles should contribute to such effective and strategic use .


### the efsi should target projects delivering high societal and economic value . in particular , the efsi should target projects that promote job creation , long - term growth and competitiveness . the efsi should support a wide range of financial products , including equity , debt or guarantees , to best accommodate the needs of the individual project . this wide range of products should allow the efsi to adapt to market needs whilst encouraging private investment in the projects . the efsi should not be a substitute for private market finance but should instead catalyse private finance by addressing market failures so as to ensure the most effective and strategic use of public money . the requirement for consistency with state aid principles should contribute to such effective and strategic use . ### the efsi should target projects delivering high societal and economic value . in particular , the efsi should target projects that promote job creation , long - term growth and competitiveness . the efsi should support a wide range of financial products , including equity , debt or guarantees , to best accommodate the needs of the individual project . this wide range of products should allow the efsi to adapt to market needs whilst encouraging private investment in the projects . the efsi should not be a substitute for private market finance but should instead catalyse private finance by addressing market failures so as to ensure the most effective and strategic use of public money . the requirement for consistency with state aid principles should contribute to such effective and strategic use . the efsi should also ensure consistency and complementarity in relation to projects that have already been financed by eu funds , paying special attention to rural development funds .


### the efsi should target projects delivering high societal and economic value . in particular , the efsi should target projects that promote job creation , long - term growth and competitiveness . the efsi should support a wide range of financial products , including equity , debt or guarantees , to best accommodate the needs of the individual project . this wide range of products should allow the efsi to adapt to market needs whilst encouraging private investment in the projects . the efsi should not be a substitute for private market finance but should instead catalyse private finance by addressing market failures so as to ensure the most effective and strategic use of public money . the requirement for consistency with state aid principles should contribute to such effective and strategic use . ### the efsi should target projects delivering high societal and economic value , such as the roll - out of broadband in rural areas . in particular , the efsi should target projects that promote job creation , long - term growth and competitiveness . the efsi should support a wide range of financial products , including equity , debt or guarantees , to best accommodate the needs of the individual project . this wide range of products should allow the efsi to adapt to market needs whilst encouraging private investment in the projects . the efsi should not be a substitute for private market finance but should instead catalyse private finance by addressing market failures so as to ensure the most effective and strategic use of public money . the requirement for consistency with state aid principles should contribute to such effective and strategic use .


### the efsi should target investments that are expected to be economically and technically viable , which may entail a degree of appropriate risk , whilst still meeting the particular requirements for efsi financing . ### the efsi should target investments that are expected to be economically and technically viable , which may entail a degree of appropriate risk , whilst still meeting the particular requirements for efsi financing ; the efsi should also closely target investments that can create economic circuits .


### alongside the financing operations that will be conducted through the efsi , a european investment advisory hub should be created . the eiah should provide strengthened support for project development and preparation across the union , by building on the expertise of the commission , the eib , national promotional banks and the managing authorities of the european structural and investment funds . this should establish a single point of entry for questions related to technical assistance for investments within the union . ### alongside the financing operations that will be conducted through the efsi , a european investment advisory hub should be created . the eiah should provide strengthened support for project development and preparation across the union , by building on the expertise of the commission , the eib , national promotional banks and the managing authorities of the european structural , agricultural and investment funds . this should establish a single point of entry for questions related to technical assistance for investments within the union .


### alongside the financing operations that will be conducted through the efsi , a european investment advisory hub should be created . the eiah should provide strengthened support for project development and preparation across the union , by building on the expertise of the commission , the eib , national promotional banks and the managing authorities of the european structural and investment funds . this should establish a single point of entry for questions related to technical assistance for investments within the union . ### alongside the financing operations that will be conducted through the efsi , a european investment advisory hub should be created . the eiah should provide strengthened support for project development and preparation across the union , by building on the expertise of the commission , the eib , national promotional banks and the managing authorities of the european structural and investment funds . this should establish a single point of entry for questions related to technical assistance and administrative burdens for investments within the union .


### within the union , there are a significant number of potentially viable projects that are not being financed due to a lack of certainty and transparency with respect to such projects . often , this is because private investors are not aware of the projects or have insufficient information to make an assessment of the investment risks . the commission and the eib , with support from the member states , should promote the creation of a transparent pipeline of current and future investment projects in the union suitable for investment . this ' project pipeline ' should ensure that information is made publicly available regarding investment projects on a regular and structured basis to ensure that investors have reliable information on which to base their investment decisions . ### within the union , there are a significant number of potentially viable projects that are not being financed due to a lack of certainty and transparency with respect to such projects . often , this is because private investors are not aware of the projects or have insufficient information to make an assessment of the investment risks . the commission and the eib , with support from the member states , should promote the creation of a transparent pipeline of current and future investment projects in the union suitable for investment in consultation with the regional authorities , the private sector and civil society . this ' project pipeline ' should ensure that information is made publicly available regarding investment projects on a regular and structured basis to ensure that investors have reliable information on which to base their investment decisions .


### within the union , there are a significant number of potentially viable projects that are not being financed due to a lack of certainty and transparency with respect to such projects . often , this is because private investors are not aware of the projects or have insufficient information to make an assessment of the investment risks . the commission and the eib , with support from the member states , should promote the creation of a transparent pipeline of current and future investment projects in the union suitable for investment . this ' project pipeline ' should ensure that information is made publicly available regarding investment projects on a regular and structured basis to ensure that investors have reliable information on which to base their investment decisions . ### within the union , there are a significant number of potentially viable projects that are not being financed due to a lack of certainty and transparency with respect to such projects . often , this is because private investors are not aware of the projects or have insufficient information to make an assessment of the investment risks . the commission and the eib , with support from the member states , should promote the creation of a transparent pipeline of current and future investment projects in the union suitable for investment . this ' project pipeline ' should ensure that information is made publicly available regarding investment projects on a regular , user - friendly and structured basis to ensure that investors have reliable information on which to base their investment decisions .


### to meet that objective , the eiah shall use the expertise of the eib , the commission , national promotional banks and the managing authorities of the european structural and investment funds . ### to meet that objective , the eiah shall use the expertise of the eib , the commission , national promotional banks and the managing authorities of the european structural , agricultural and investment funds .


### to meet that objective , the eiah shall use the expertise of the eib , the commission , national promotional banks and the managing authorities of the european structural and investment funds . ### to meet that objective , the eiah shall use the expertise of the eib , the commission , national and regional promotional banks and the managing authorities of the european structural and investment funds .


### the union shall provide a guarantee to the eib for financing or investment operations carried out within the union covered by this regulation . the eu guarantee shall be granted as a guarantee on demand in respect of instruments referred to in article 6 . ### the union shall provide a guarantee to the eib for financing or investment operations carried out within the union covered by this regulation . the eu guarantee shall be granted as a guarantee on demand in respect of instruments referred to in article 6 . the objectives of the horizon 2020 programme and the cef shall not , under any circumstances , be affected by the establishment of the guarantee for the efsi .


### expansion of renewable energy and energy and resource efficiency ; ### expansion of renewable energy and energy and resource efficiency , development of food production capacities ;


### providing financial support for the companies referred to in article 1 , including working capital risk financing . ### providing financial support for the companies referred to in article 1 , including working capital risk financing and financial support for investments that can create economic circuits .


### payments from the general budget of the union , ### payments from the general budget of the union , without calling on any additional amounts from european structural or investment funds ,


### this directive should not apply to energy related products covered by implementing measures adopted in accordance with directive 2009 / 125 / ec or by chapter iii or iv of directive 2010 / 75 / eu . certain other combustion plants should also be exempted from the scope of this directive , on the basis of their technical characteristics or their use in particular activities . ### this directive should not apply to energy related products covered by implementing measures adopted in accordance with directive 2009 / 125 / ec or by directive 2010 / 75 / eu . certain other combustion plants should also be exempted from the scope of this directive , on the basis of their technical characteristics or their use in particular activities .


### in order to ensure the control of emissions of sulphur dioxide , nitrogen oxides and particulate matter into the air , each medium combustion plant should operate only if it is at least registered by the competent authority , based on notification by the operator . ### in order to ensure the control of emissions of sulphur dioxide , nitrogen oxides and dust into the air , each medium combustion plant should operate only if it is at least registered by the competent authority , based on notification by the operator .


### combustion plants in which the gaseus products of combustion are used for the direct heating , drying or any other treatment of objects or materials ; ### combustion plants in which the products of combustion are used for the direct heating , drying or any other treatment of objects or materials , e . g . melting furnaces , reheating furnaces , furnaces for heat treatment ;


### ’particulate matter’ means particles , of any shape , structure or density , dispersed in the gas phase at the sampling point conditions which may be collected by filtration under specified conditions after representative sampling of the gas to be analysed , and which remain upstream of the filter and on the filter after drying under specified conditions ; ### ’dust’ means particles , of any shape , structure or density , dispersed in the gas phase at the sampling point conditions which may be collected by filtration under specified conditions after representative sampling of the gas to be analysed , and which remain upstream of the filter and on the filter after drying under specified conditions ;


### ’existing combustion plant’ means a combustion plant put into operation before [ 1 year after the date of transposition ] ; ### ’existing combustion plant’ means a combustion plant put into operation before [ 3 year after the date of transposition ] or for which a permit was granted before [ 2 years after the date of transposition ] pursuant to national legislation provided that the plant is put into operation no later than [ 3 years after the date of transposition ] ;


### member states may exempt existing medium combustion plants which do not operate more than 500 operating hours per year from compliance with the emission limit values set out in part 1 of annex ii . in that case , for plants firing solid fuels , an emission limit value for particulate matter of 200 mg / nm³ shall apply . ### member states may exempt existing medium combustion plants which do not operate more than 3000 operating hours per year as a rolling average over a period of 5 years from compliance with the emission limit values set out in part 1 of annex ii . in that case , for plants firing solid fuels , an emission limit value for dust of 200 mg / nm³ shall apply . until 1 january 2030 , existing medium combustion plant with a rated thermal input above 5 mw may be exempted from compliance with the emission limit values set out in part 1 of annex ii provided that at least 50% of the useful heat production of the plant , as a rolling average over a period of five years , is delivered in the form of steam or hot water to a public network for district heating .


### member states may exempt existing medium combustion plants which do not operate more than 500 operating hours per year from compliance with the emission limit values set out in part 1 of annex ii . in that case , for plants firing solid fuels , an emission limit value for particulate matter of 200 mg / nm³ shall apply . ### member states may exempt existing medium combustion plants which do not operate more than 3000 operating hours per year as a rolling average over a period of 5 years from compliance with the emission limit values set out in part 1 of annex ii . in that case , for plants firing solid fuels , an emission limit value for dust of 200 mg / nm³ shall apply .


### member states may exempt existing medium combustion plants which do not operate more than 500 operating hours per year from compliance with the emission limit values set out in part 1 of annex ii . in that case , for plants firing solid fuels , an emission limit value for particulate matter of 200 mg / nm³ shall apply . ### member states may exempt existing medium combustion plants which do not operate more than 1500 operating hours per year as a rolling average over a period of five years from compliance with the emission limit values set out in part 1 of annex ii . in that case , for plants firing solid fuels , an emission limit value for particulate matter of 200 mg / nm³ shall apply .


### member states may exempt existing medium combustion plants which do not operate more than 500 operating hours per year from compliance with the emission limit values set out in part 1 of annex ii . in that case , for plants firing solid fuels , an emission limit value for particulate matter of 200 mg / nm³ shall apply . ### member states may exempt existing medium combustion plants which do not operate more than 1500 operating hours per year from compliance with the emission limit values set out in part 1 of annex ii . in that case , for plants firing solid fuels , an emission limit value for particulate matter of 200 mg / nm³ shall apply .


### ‘ network - wide road assessment’ means an assessment of the safety of the road network within the scope of this directive in order to benchmark accident and impact severity risk ; ### ‘ network - wide road analysis’ means an objective analysis based on facts of the safety of the road network within the scope of this directive in order to classify accident and impact severity risk ;


### number and location of fatalities by road user group ### number , location and cause of fatalities by road user group


### on 10 june 2016 the commission presented the proposal for the eu to ratify the paris agreement . this legislative proposal forms part of the implementation of the eu ' s commitment in the paris agreement . the union ' s commitment to economy - wide emission reductions was confirmed in the intended nationally determined contribution of the union and its member states that was submitted to the secretariat of the unfccc on 6 march 2015 . ### following the approval of the european parliament on 4 october 2016 , the european council ratified the paris agreement on 4 october 2016 . the paris agreement entered into force on 4 november 2016 and aims at keeping the increase in global average temperatures to well below 2°c above pre - industrial levels and to pursue efforts to limit the temperature increase to 1 , 5°c above pre - industrial levels . this legislative proposal forms part of the implementation of the eu ' s commitment in the paris agreement . the union ' s commitment to economy - wide emission reductions was confirmed in the intended nationally determined contribution of the union and its member states that was submitted to the secretariat of the unfccc on 6 march 2015 .


### a range of union measures enhance member states’ ability to meet their climate commitments and are crucial to achieving necessary emission reductions in the sectors covered by this regulation . these include legislation on fluorinated greenhouse gases , co2 - reductions from road vehicles , energy performance of building , renewables , energy efficiency and the circular economy , as well as union funding instruments for climate - related investments . ### a range of union measures enhance member states’ ability to meet their climate commitments and are crucial to achieving necessary emission reductions in the sectors covered by this regulation . these include legislation on fluorinated greenhouse gases , co2 - reductions from road vehicles , promoting better energy performance including for buildings , renewables , energy efficiency and the promotion of the circular economy , as well as union funding instruments for climate - related investments .


### this regulation should be reviewed as of 2024 and every 5 years thereafter in order to assess its overall functioning . the review should take into account evolving national circumstances and be informed by the results of the global stocktake of the paris agreement . ### this regulation should be reviewed as of 2024 and every 5 years thereafter , which is both in accordance with the compliance cycle of the lulucf and the international cycle under the paris agreement , in order to assess its overall functioning . the review should take into account evolving national circumstances and be informed by the results of the global stocktake of the paris agreement . with that in mind , any such review should take into account the potential economic consequences that may arise in the event of a member state exiting the union under article 50 of the treaty on european union .


### additional use of up to 280 million net removals from deforested land , afforested land , managed cropland and managed grassland ### additional use of up to 280 million net removals from deforested land , afforested land , managed cropland and managed grassland , managed forest land and harvested wood products


### both organisations provided added value both to the sum of activities of their national members and to union consumers in a way that national consumer advocacy groups were unable to deliver . national organisations dealing with all kinds of consumers ' issues lack technical expertise in policy areas related to financial services . in addition , no other similar organisations have been identified at union level so far . the evaluation also showed that no other applicant responded to the successive yearly calls for proposal since 2012 , which tends to show that no other organisation is currently able to carry out similar union - wide activities . ### both organisations provided added value both to the sum of activities of their national members and to union consumers in a way that national consumer advocacy groups were unable to deliver . national organisations dealing with all kinds of consumers ' issues lack technical expertise in policy areas related to financial services . in addition , no other similar organisations have been identified at union level so far . although the evaluation also showed that no other applicant responded to the successive yearly calls for proposal since 2012 , which tends to show that no other organisation is currently able to carry out similar union - wide activities , after the end of 2017 - 2020 period , the programme should be open for other potential beneficiaries if they meet the requirements of the programme .


### every year before 31 december , each beneficiary should submit a description of activities planned for the following year to achieve the policy objectives of the programme . those activities should be described in detail , including their objectives , expected results and impact , estimated costs and timeframe as well as relevant indicators to assess them . ### every year before 30 november , each beneficiary should submit a description of activities planned for the following year to achieve the policy objectives of the programme . those activities should be described in detail , including their objectives , expected results and impact , estimated costs and timeframe as well as relevant indicators to assess them .


### activities reinforcing the interactions between the members of the organisations referred to in article 3 and advocacy activities fostering the positions of those members at union level . ### activities reinforcing the interactions between the members of the organisations referred to in article 3 and advocacy activities , particularly , fostering the positions of those members at union level .


### in order to benefit from the programme , the beneficiaries shall submit every year before 31 december to the commission a proposal describing the activities referred to in article 1 planned for the following year . ### in order to benefit from the programme , the beneficiaries shall submit every year before 30 november to the commission a proposal describing the activities referred to in article 1 planned for the following year .


### foreign direct investment contributes to the union ' s growth , by enhancing its competitiveness , creating jobs and economies of scale , bringing in capital , technologies , innovation , expertise , and by opening new markets for the union ' s exports . it supports the objectives of the commission ' s investment plan for europe and contributes to other union projects and programmes . ### foreign direct investment contributes to the union ' s growth , by enhancing its competitiveness , creating jobs and economies of scale , stimulating productivity , bringing in capital , technologies , innovation , expertise , and by opening new markets for the union ' s exports . it supports the objectives of the commission ' s investment plan for europe and contributes to other union projects and programmes . in implementing the regulation , member states should endeavour not to limit foreign direct investment in non - strategic sectors unnecessarily .


### there is currently no comprehensive framework at eu - level for the screening of foreign direct investments on the grounds of security or public order . ### there is currently no comprehensive framework and no measures in place at union level for the screening or restriction of foreign direct investments on the grounds of security or public order or on the grounds of being directly or indirectly undertaken with the aim of acquiring key enabling technologies or knowledge , and being part of a state - led industrial policy strategy in support of strategic national interests .


### the framework for the screening of foreign direct investment should provide the member states and the commission with the means to address risks to security or public order in a comprehensive manner , and to adapt to changing circumstances , whilst maintaining the necessary flexibility for member states to screen foreign direct investments on grounds of security and public order taking into account their individual situations and national circumstances . ### the framework for the screening of foreign direct investment should provide the member states and the commission with the necessary means to address risks to security or public order in a comprehensive manner , enabling adaptation to changing circumstances , whilst maintaining the necessary flexibility for member states to screen foreign direct investments on grounds of security and public order taking into account the individual situations and varying national circumstances in each member state .


### the framework for the screening of foreign direct investment should provide the member states and the commission with the means to address risks to security or public order in a comprehensive manner , and to adapt to changing circumstances , whilst maintaining the necessary flexibility for member states to screen foreign direct investments on grounds of security and public order taking into account their individual situations and national circumstances . ### the framework for the screening of foreign direct investment should provide the member states and the commission with the means to address risks to security or public order in a comprehensive manner , and to adapt to changing circumstances in global trade , whilst fully safeguarding the prerogatives of the member states to screen foreign direct investments on grounds of security and public order , including , among others , strategic interests , enabling key technologies , strategic assets , strategic and sensitive data , etc . , and taking into account their individual situations and national circumstances . the framework should also facilitate the member states without a screening mechanism adopting one .


### to guide member states and the commission in the application of the regulation , it is appropriate to provide a list of factors that may be taken into consideration when screening foreign direct investment on the grounds of security or public order . this list will also improve transparency of the screening process for investors considering making or having made foreign direct investments in the union . this list of factors that may affect security or public order should remain non - exhaustive . ### to guide member states and the commission in the application of the regulation , it is appropriate to provide a list of factors that should be taken into consideration when screening foreign direct investment on the grounds of security or public order . this list will also improve transparency of the screening process for investors considering making or having made foreign direct investments in the union . this list of factors that may affect security or public order should remain non - exhaustive . when screening foreign direct investment , member states and the commission should also consider whether similar possibilities for investment exist for european investors in the third countries concerned thus respecting the principle of reciprocity .


### in determining whether a foreign direct investment may affect security or public order , member states and the commission should be able to consider all relevant factors , including the effects on critical infrastructure , technologies , including key enabling technologies , and inputs which are essential for security or the maintenance of public order , and the disruption , loss or destruction of which would have a significant impact in a member state or in the union . in that regard , member states and the commission should also be able to take into account whether a foreign investor is controlled directly or indirectly by the government of a third country . ### in determining whether a foreign direct investment may affect security or public order , member states and the commission should be able to consider all relevant factors , including the effects on critical infrastructure , technologies , including key enabling technologies and knowledge , and inputs which are essential for security or the maintenance of public order , and the disruption , loss or destruction of which would have a significant impact in a member state or in the union . it should also be possible for the commission to screen investment which is likely to be directly or indirectly undertaken with the aim of acquiring key enabling technologies or knowledge and to be part of a state - led industrial policy strategy in support of strategic national interests . in that regard , member states and the commission should also be able to take into account whether a foreign investor is controlled directly or indirectly by the government of a third country .


### furthermore , the commission should have the possibility to screen foreign direct investments likely to affect projects and programmes of union interest on grounds of security or public order . this would give the commission a tool to protect projects and programmes which serve the union as whole and represent an important contribution to its economic growth , jobs and competitiveness . this should include in particular projects and programmes involving a substantial eu funding or established by union legislation regarding critical infrastructure , critical technologies or critical inputs . for greater clarity , an indicative list of projects or programmes of union interest in relation to which foreign direct investment can be subject to a screening by the commission should be listed in an annex . ### furthermore , the commission should have the possibility to screen foreign direct investments likely to affect the security and public order of the member states or the union as a whole , projects and programmes of union interest on grounds of security or public order , or investment which is likely to be directly or indirectly undertaken with the aim of acquiring key enabling technologies or knowledge and to be part of a state - led industrial policy strategy in support of strategic national interests . this would give the commission a tool to protect projects and programmes which serve the union as whole and represent an important contribution to its economic growth , jobs and competitiveness as well as taking into account union wide patterns and investments that affect more than one member state or the union as a whole due to the integrated nature of the european internal market . this should include in particular projects and programmes involving a substantial eu funding or established by union legislation regarding critical infrastructure , critical technologies or critical inputs . for greater clarity , an indicative list of projects or programmes of union interest in relation to which foreign direct investment can be subject to a screening by the commission should be listed in an annex i . an indicative list of key enabling technologies or knowledge in which investment is likely to be directly or indirectly undertaken with the aim of acquiring key enabling technologies or knowledge and to be part of a state - led industrial policy strategy in support of strategic national interests shall be included in annex ii .


### furthermore , the commission should have the possibility to screen foreign direct investments likely to affect projects and programmes of union interest on grounds of security or public order . this would give the commission a tool to protect projects and programmes which serve the union as whole and represent an important contribution to its economic growth , jobs and competitiveness . this should include in particular projects and programmes involving a substantial eu funding or established by union legislation regarding critical infrastructure , critical technologies or critical inputs . for greater clarity , an indicative list of projects or programmes of union interest in relation to which foreign direct investment can be subject to a screening by the commission should be listed in an annex . ### furthermore , the commission should screen foreign direct investments likely to affect projects and programmes of union interest on grounds of security or public order . this would give the commission a tool to protect projects and programmes , which serve the union as whole and represent an important contribution to its economic growth , jobs and competitiveness . this should include in particular projects and programmes involving eu funding or established by union legislation regarding critical infrastructure , critical technologies or critical inputs . for greater clarity , an indicative list of projects or programmes of union interest in relation to which foreign direct investment can be subject to a screening by the commission should be listed in an annex . that list should be updated regularly through delegated acts on the basis of consultations between the european parliament , the council and the commission within the framework of the interinstitutional agreement of 13 april 2016 on better law - making .


### where the commission considers that a foreign direct investment is likely to affect projects or programmes of union interest on grounds of security or public order , the commission should have the possibility to address an opinion to the member states in which such investment is planned or completed within a reasonable timeframe . the member states should take utmost account of the opinion and provide an explanation to the commission if they do not follow this opinion , in compliance with their duty of sincere cooperation under article 4 teu . the commission should also have the possibility to request from those member states the information necessary for its screening of such investment . ### where the commission considers that a foreign direct investment is likely to affect projects or programmes of union interest on grounds of security or public order , the commission should have the possibility to address an opinion to the member states in which such investment is planned or completed within a reasonable timeframe . the member states should take utmost account of the opinion and provide a detailed explanation to the commission if they do not follow this opinion , in compliance with their duty of sincere cooperation under article 4 teu . the commission should also be able to request from those member states the information necessary for its screening of such investment .


### where the commission considers that a foreign direct investment is likely to affect projects or programmes of union interest on grounds of security or public order , the commission should have the possibility to address an opinion to the member states in which such investment is planned or completed within a reasonable timeframe . the member states should take utmost account of the opinion and provide an explanation to the commission if they do not follow this opinion , in compliance with their duty of sincere cooperation under article 4 teu . the commission should also have the possibility to request from those member states the information necessary for its screening of such investment . ### where the commission or one or more member states considers that a foreign direct investment is likely to affect the security and public order of one or more member states , or projects or programmes of union interest on grounds of security or public order , or is likely to be directly or indirectly undertaken with the aim of acquiring key enabling technologies or knowledge and to be part of a state - led industrial policy strategy in support of strategic national interests , the commission should have the possibility to screen and restrict the foreign direct investment . the commission shall take utmost account of the opinion of the member states concerned and provide an explanation to the member state if they do not follow this opinion , in compliance with their duty of sincere cooperation under article 4 teu . the commission should also have the possibility to request from those member states , the investor and the targeted company as well as the information necessary for its screening of such investment .


### in order to facilitate the cooperation with other member states and the screening of foreign direct investment by the commission , member states should notify their screening mechanisms and any amendment thereto to the commission , and should report on the application of their screening mechanisms on a regular basis . for the same reason , member states that do not have a screening mechanism should also report on the foreign direct investments that took place in their territory , on the basis of the information available to them . ### since national security remains the responsibility of member states , in order to facilitate cooperation with other member states and the screening of foreign direct investment by the commission as well as to improve the reliability and comparability of data provided by the member states , member states should notify their screening mechanisms and any amendments thereto to the commission and should report on the application of their screening mechanisms on a regular basis . for the same reason , member states that do not have a screening mechanism should also report on the foreign direct investments that took place in their territory , on the basis of the information available to them .


### to that end , it is also important to ensure a minimum level of information and coordination with regard to foreign direct investments falling under the scope of this regulation in all member states . this information should be made available by the member states in which the foreign direct investment is planned or has been completed upon request of the member states or of the commission . relevant information includes aspects such as the ownership structure of the foreign investor and the financing of the planned or completed investment , including , when available , information about subsides granted by third countries . ### to that end , it is also important to ensure a sufficient level of information and coordination with regard to foreign direct investments falling under the scope of this regulation in all member states . this information should be made available by the member states in which the foreign direct investment is planned or has been completed upon request of the member states or of the commission . relevant information includes aspects such as the ownership structure and the origin of the foreign investor , the end - investor and the financing of the planned or completed investment , including all available information about subsides granted by third countries .


### member states and the commission should take all necessary measures to ensure the protection of confidential and other sensitive information . ### member states and the commission should take all necessary measures to ensure the highest level of protection of confidential and other sensitive information .


### no later than three years after the entry into force of this regulation , the commission should present to the european parliament and the council a report on the application of this regulation . where the report proposes modifying the provisions of this regulation , it may be accompanied , where appropriate , by a legislative proposal . ### each year after the entry into force of this regulation , the commission should present the european parliament and the council with a report on the application of this regulation . that report should contain relevant information about the way the member states and the commission have used their screening systems . no later than three years after the entry into force of this regulation , the commission should present the european parliament and the council with an in - depth assessment of the frameworks for screening foreign direct investments and developments in screening systems in non - eu jurisdictions in europe , accompanied , where appropriate , by a legislative proposal .


### ' foreign direct investment ' means investments of any kind by a foreign investor aiming to establish or to maintain lasting and direct links between the foreign investor and the entrepreneur to whom or the undertaking to which the capital is made available in order to carry on an economic activity in a member state , including investments which enable effective participation in the management or control of a company carrying out an economic activity ; ### ' foreign direct investment ' means investments of any kind by a foreign investor aiming to establish or to maintain lasting and direct links between the foreign investor and the entrepreneur to whom or the undertaking to which the capital is made available in order to carry on an economic activity in the territory of a member state or in its exclusive economic zone declared pursuant to the united nations convention on the law of the sea , including investments which enable effective participation in the management or control of a company carrying out an economic activity ;


### the commission may screen foreign direct investments that are likely to affect projects or programmes of union interest on the grounds of security or public order . ### the commission may screen foreign direct investments that are likely to : a ) affect the security or public order of one or more than one member state or the union as a whole ; b ) affect projects or programmes of union interest on the grounds of the security or public order of one or more member states or the union as a whole ; c ) be directly or indirectly undertaken with the aim of acquiring key enabling technologies or knowledge and to be part of a state - led industrial policy strategy in support of strategic national interests .


### the commission may screen foreign direct investments that are likely to affect projects or programmes of union interest on the grounds of security or public order . ### the commission may screen foreign direct investments that it can justify are likely to affect projects or programmes of union interest if necessary to protect security or to maintain public order .


### projects or programmes of union interest shall include in particular those projects and programmes which involve a substantial amount or a significant share of eu funding , or which are covered by union legislation regarding critical infrastructure , critical technologies or critical inputs . an indicative list of projects or programmes of union interest is included in annex 1 . ### projects or programmes of union interest shall include in particular those projects and programmes which involve a substantial amount or a significant share of eu funding , or which are covered by union legislation regarding critical infrastructure , critical technologies or critical inputs . an indicative list of projects or programmes of union interest is included in annex 1 . an indicative list of key enabling technologies and knowledge in which investment is likely to be directly or indirectly undertaken with the aim of acquiring key enabling technologies or knowledge and to be part of a state - led industrial policy strategy in support of strategic national interests is included in annex ii .


### - critical infrastructure , including energy , transport , communications , data storage , space or financial infrastructure , as well as sensitive facilities ; ### - critical and strategic infrastructure , including energy , water , transport , communications and the media , data storage , space , health services , research or financial infrastructure , as well as sensitive facilities and any security and defence infrastructure ;


### - critical infrastructure , including energy , transport , communications , data storage , space or financial infrastructure , as well as sensitive facilities ; ### - critical infrastructure , including energy , transport networks and services , port , rail , airport , aerospace and space infrastructure , media and communications networks and services , data storage , large - scale data analysis , space or financial infrastructure , as well as sensitive facilities ;


### - critical technologies , including artificial intelligence , robotics , semiconductors , technologies with potential dual use applications , cybersecurity , space or nuclear technology ; ### - critical technologies , nano - and bio - technologies , including artificial intelligence , robotics , semiconductors , cybertechnologies , technologies with potential dual use applications , cybersecurity , space or nuclear technology ;


### in determining whether a foreign direct investment is likely to affect security or public order , member states and the commission may take into account whether the foreign investor is controlled by the government of a third country , including through significant funding . ### in screening a foreign direct investment on the grounds of being directly or indirectly undertaken with the aim of acquiring key enabling technologies or knowledge and being part of a state - led industrial policy strategy in support of strategic national interests , the commission may consider the potential effects on specific key know - how and enabling technologies , e . g . in the field of artificial intelligence , robotics , semiconductors , technologies with potential dual use applications , cybersecurity , space or nuclear technology , as indicatively listed in annex ii . in determining whether a foreign direct investment is likely to affect security or public order or to be directly or indirectly undertaken with the aim of acquiring key enabling technologies or knowledge and to be part of a state - led industrial policy strategy in support of strategic national interests , member states and the commission may take into account whether the foreign investor is controlled by the government of a third country , including through significant funding .


### confidential information , including commercially - sensitive information , made available by foreign investors and undertaking concerned shall be protected . ### member states shall guarantee the absolute confidentiality of information , including commercially - sensitive information and business secrets , made available by foreign investors and the undertaking concerned in screening procedures .


### member states that maintain screening mechanisms shall provide the commission with an annual report on the application of their screening mechanisms . for each reporting period , the report shall include in particular information on : ### member states shall provide the commission with an annual report on the application of their screening mechanisms . for each reporting period , the report shall include in particular information on :


### member states that maintain screening mechanisms shall provide the commission with an annual report on the application of their screening mechanisms . for each reporting period , the report shall include in particular information on : ### member states that maintain screening mechanisms shall provide the commission with an annual report on the application of their screening mechanisms . the commission shall provide the member states with an annual report on the application of its screening mechanism . for each reporting period , the reports shall include in particular information on :


### screening decisions subjecting foreign direct investments to conditions or mitigating measures ; ### screening decisions subjecting foreign direct investments to conditions or mitigating measures ; the sectors , origin , and value of foreign direct investment screened and undergoing screening .


### member states shall inform the commission and the other member states of any foreign direct investments that are undergoing screening within the framework of their screening mechanisms , within 5 working days from the start of the screening . as part of the information , and when applicable , the screening member states shall endeavour to indicate whether it considers that the foreign direct investment undergoing screening is likely to fall within the scope of regulation no 139 / 2004 . ### member states shall inform the commission and the other member states of any foreign direct investments that are undergoing screening within the framework of their screening mechanisms , within 5 working days from the start of the screening . as part of the information , and when applicable , the screening member states shall endeavour to indicate whether it considers that the foreign direct investment undergoing screening is likely to fall within the scope of regulation no 139 / 2004 . the commission shall inform the other member states of the screening action within 3 days .


### where a member state considers that a foreign direct investment planned or completed in another member state is likely to affect its security or public order , it may provide comments to the member state where the foreign direct investment is planned or has been completed . the comments shall be forwarded to the commission in parallel . ### where a member state considers that a foreign direct investment planned or completed in another member state is likely to affect its national or the union’s security or public order or that it is likely to be directly or indirectly undertaken with the aim of acquiring key enabling technologies or knowledge and be part of a state - led industrial policy strategy in support of strategic national interests , it shall indicate this to the commission and to the member state where the foreign direct investment is planned or has been completed . the commission shall take adequate action as outlined in article 9 .


### where the commission considers that a foreign direct investment is likely to affect projects or programmes of union interest on grounds of security or public order , the commission may issue an opinion addressed to the member state where the foreign direct investment is planned or has been completed . ### where the commission or one or more member states consider that a foreign direct investment is likely to affect the security and public order of one or more than one member state , or projects or programmes of union interest on grounds of security or public order , or is likely to be directly or indirectly undertaken with the aim of acquiring key enabling technologies or knowledge and to be part of a state - led industrial policy strategy in support of strategic national interests , the commission shall screen the investment .


### the member states where the foreign direct investment is planned or has been completed shall take utmost account of the commission ' s opinion and provide an explanation to the commission in case its opinion is not followed . ### in case a member state and the commissions screen the same foreign investment and they come to different conclusions , the foreign direct investment shall be restricted if either the member state or the commission or both so decide .


### member states shall ensure that the information requested by the commission and other member states pursuant to articles 8 and 9 is made available to the commission and the requesting member states without undue delay . ### member states shall ensure that the information requested by the commission and other member states pursuant to articles 8 and 9 is made available to the commission and the requesting member states without unjustified delay .


### the ownership structure of the foreign investor and of the undertaking in which the foreign direct investment is planned or has been completed , including information on the ultimate controlling shareholder or shareholders ; ### the ownership structure and the ultimate origin of the foreign investor and of the undertaking in which the foreign direct investment is planned or has been completed , including information on the ultimate controlling shareholder or shareholders ;


### each member state shall appoint a foreign direct investment screening contact point for the screening of foreign direct investment . the commission and other member states shall involve these fdi screening contact points on all issues related to implementation of this regulation . ### each member state shall appoint an institutional foreign direct investment screening contact point for the screening of foreign direct investment . the commission and other member states shall involve these fdi screening contact points on all issues related to implementation of this regulation . the commission and the member states shall meet regularly to discuss best practices in investment screening and coordinate on factors that are taken into consideration within the meaning of article 4 with a view to harmonising those factors .


### the commission shall evaluate and present to the european parliament and the council a report on the application of this regulation no later than 3 years after its entry into force . member states shall be involved in this exercise and shall provide the commission with necessary information for the preparation of that report . ### each year after . . . [ date of the entry into force of this regulation ] , the commission shall present to the european parliament and the council a report on the application of this regulation setting out relevant information on the activities of member states ' and the commission ' s filtering systems . no later than . . . [ date three years after the entry into force of this regulation ] , the commission shall submit to the european parliament and the council an in - depth assessment of the frameworks for filtering foreign direct investment in europe and developments in filtering systems in non - eu jurisdictions , accompanied , where appropriate , by a legislative proposal .


### where the report recommends modifying the provisions of the regulation , the report may be accompanied by an appropriate legislative proposal . ### where the report recommends modifying the provisions of the regulation , the report should be accompanied by an appropriate legislative proposal .


### most mercury emissions and associated exposure risks result from anthropogenic activities , including primary mercury mining and processing , the use of mercury in products , industrial processes and artisanal and small - scale gold mining and mercury emissions originating in particular from coal combustion and the management of mercury waste . ### most mercury emissions and associated exposure risks result from anthropogenic activities , including primary mercury mining and processing , the use of mercury in products , industrial processes and artisanal and small - scale gold mining and mercury emissions originating in particular from coal combustion and the management of mercury waste . fossil fuel combustion in power plants and industrial boilers together with residential heating constitute almost half of global mercury emissions . therefore , the transition to renewable energy production along with energy efficiency measures should be hastened in order to significantly reduce the release of mercury into the atmosphere .


### the mercury export ban set out in regulation no 1102 / 2008 of the european parliament and of the council39 should be complemented by restrictions on the import of mercury depending on the source , the intended use and the place of origin of mercury . the national authorities designated in accordance with regulation no 649 / 2012 of the european parliament and of the council40 should perform the administrative functions linked to the implementation of such restrictions . __________________ 39 regulation no 1102 / 2008 of the european parliament and of the council of 22 october 2008 on the banning of exports of metallic mercury and certain mercury compounds and mixtures and the safe storage of metallic mercury . 40 regulation no 649 / 2012 of the european parliament and of the council of 4 july 2012 concerning the export and import of hazardous chemicals . ### in accordance with regulation no 1102 / 2008 of the european parliament and of the council39 , the mercury export ban should be complemented by restrictions on the import of mercury depending on the source , the intended use and the place of origin of mercury . the national authorities designated in accordance with regulation no 649 / 2012 of the european parliament and of the council40 should perform the administrative functions linked to the implementation of such restrictions . __________________ 39 regulation no 1102 / 2008 of the european parliament and of the council of 22 october 2008 on the banning of exports of metallic mercury and certain mercury compounds and mixtures and the safe storage of metallic mercury . 40 regulation no 649 / 2012 of the european parliament and of the council of 4 july 2012 concerning the export and import of hazardous chemicals .


### the first subparagraph shall not apply to the export of the mercury compounds listed in annex i for laboratory - scale research . ### the first subparagraph shall not apply to the export of the mercury compounds listed in annex i for laboratory - scale research , for mercury in pre - dosed capsules for the in - situ generation of dental amalgam , for vaccines and substances for allergy testing and for mercury or mercury compounds intended for the manufacture of homeopathic and anthroposophic medicinal products or their active pharmaceutical ingredients .


### the commission shall be empowered to adopt delegated acts in accordance with article 17 in order to set out requirements for environmentally sound interim storage of mercury and mercury compounds adopted by the conference of the parties to the convention , where the union has supported the decision concerned . ### the commission shall be empowered to adopt delegated acts in accordance with article 17 in order to set out requirements for environmentally sound interim storage of mercury and mercury compounds adopted by the conference of the parties to the convention .


### the commission shall adopt decisions , by means of implementing acts , in view of specifying whether the relevant new mercury - added product or new manufacturing process is allowed . ### the commission shall adopt decisions , by means of implementing acts , in view of specifying whether the relevant new mercury - added product or new manufacturing process is allowed . the member state concerned may not authorise the new product or process before the commission has adopted its decision .


### from 1 january 2019 onwards dental facilities shall be equipped with amalgam separators aimed at retaining and collecting amalgam particles . those separators shall be maintained as required to ensure a high level of retention . ### from 1 january 2021 onwards dental facilities shall be equipped with amalgam separators aimed at retaining and collecting all amalgam particles , including those contained in liquid waste . practitioners shall take steps to ensure that separators are maintained as required to ensure a high and ongoing level of retention of at least 95% of amalgam particles .


### disposal of mercury waste ### temporary storage of mercury waste


### the production of sodium or potassium methylate or ethylate shall be carried out in accordance with the following requirements : ### the production of potassium methylate or ethylate and vinyl chlorid monomer shall be carried out in accordance with point of part i and the following requirements :