### 12. notes from the court’s report that in one high-value procurement procedure in 2019 the joint undertaking’s initial published schedules and deadlines were unrealistic as they did not fully take into account the complexity of the process itself (namely , on-site-visits) or of the contract; notes from the joint undertaking’s reply that the planned procurement schedule was indeed challenging but compliant with the regulatory requirements , and that it undertook every possible step to safeguard fair and transparent competition; notes , furthermore , that the court’s report finds that , with respect to the evaluation process , in one case the administrative burden to prove equivalence to the specific certification , required as part of the selection criteria , may have deterred potential contractors holding equivalent certifications from submitting a tender; notes the joint undertaking’s reply that the certification requirement was driven by the nuclear regulatory framework for the iter installation under french law , that it mitigated the effect on competition by allowing equivalent certifications to be used , and that it could not pre-evaluate potentially equivalent certifications; ### 12. notes from the court’s report that in one high-value procurement procedure in 2019 the joint undertaking’s initial published schedules and deadlines were unrealistic as they did not fully take into account the complexity of the process itself (namely , on-site-visits) or of the contract; notes from the joint undertaking’s reply that the planned procurement schedule was indeed challenging but compliant with the regulatory requirements , and that it undertook every possible step to safeguard fair and transparent competition; notes , furthermore , that the court’s report finds that , with respect to the evaluation process , in one case the administrative burden to prove equivalence to the specific certification , required as part of the selection criteria , may have deterred potential contractors holding equivalent certifications from submitting a tender; notes the joint undertaking’s reply that the certification requirement was driven by the nuclear regulatory framework for the iter installation under french law , that it mitigated the effect on competition by allowing equivalent certifications to be used , and that it could not pre-evaluate potentially equivalent certifications; calls on the joint undertaking to improve its procurement planning process in publishing realistic timeframes from the beginning and its evaluation and negotiation process in defining clearly the scope of negotiation in the tender documents;


### 14. notes from the annual assessment that the panel of assessors concluded that the level of nuclear safety culture within the joint undertaking is not satisfactory , there is an urgent need to increase the level of nuclear safety culture and the joint undertaking has not yet put in place any action plan in this field; notes that the joint undertaking , as provider of equipment has legal liabilities , should some fault linked to nuclear safety be discovered; calls on the joint undertaking to report to the discharge authority in that regard; ### 14. notes from the annual assessment that the panel of assessors concluded that the level of nuclear safety culture within the joint undertaking has not been to a satisfactory level , but acknowledges that the joint undertaking has implemented significant recommendations and continues to implement those outstanding and reported back to the audit committee in november 2020 about its progress; there is an urgent need to increase the level of nuclear safety culture and the joint undertaking has not yet put in place any action plan in this field; notes that the joint undertaking , as provider of equipment has legal liabilities , should some fault linked to nuclear safety be discovered; calls on the joint undertaking to report to the discharge authority in that regard;


### 15. notes from the court’s report that in 2019 , the joint undertaking’s governing board appointed an ad-hoc group (ahg) to review its reporting system , and that the ahg proposed that a new earned value management (evm) system should be introduced , which was endorsed by its governing board in april 2019; notes , however , that the proposed evm system does not take into account all the independent experts’ recommendations and it does not provide clear information on what technical progress was achieved against costs incurred to-date , regarding the total of the joint undertaking's delivery obligations for the iter project; notes from the court’s report that considering the importance of the new evm system to track performance , it is crucial , that its effectiveness during the implementation phase is monitored by the joint undertaking and that the governing board is informed whenever significant issues emerge; notes the joint undertaking’s reply that the evm is now in steady state and it is the result of extensive interaction with the multi-annual planning (map) expert ahg , and notes the group’s recommendation that textbook evm measures are not recommended because of the special features of the joint undertaking and the amount of effort that would require to implement them , and that the evm measures should be used to monitor the joint undertaking’s performance instead; notes , furthermore , that the joint undertaking considers that no further action is necessary on that regard having fully complied with the map ahg’s decisions; notes that the joint undertaking has adopted a more consistent reporting on project performance through the adoption of a project booklet; ### 15. notes from the court’s report that in 2019 , the joint undertaking’s governing board appointed an ad-hoc group (ahg) to review its reporting system , and that the ahg proposed that a new earned value management (evm) system should be introduced , which was endorsed by its governing board in april 2019; notes , however , that the proposed evm system does not take into account all the independent experts’ recommendations and it does not provide clear information on what technical progress was achieved against costs incurred to-date , regarding the total of the joint undertaking's delivery obligations for the iter project; notes from the court’s report that considering the importance of the new evm system to track performance , it is crucial , that its effectiveness during the implementation phase is monitored by the joint undertaking and that the governing board is informed whenever significant issues emerge; underlines that the evm system is in line with the requirements of the governing board of fusions 4 energy , which is composed of member states , and which assigned a dedicated working group to design the evm system according to the special characteristics of the joint undertaking; notes the joint undertaking’s reply that the evm is now in steady state and it is the result of extensive interaction with the multi-annual planning (map) expert ahg , and notes the group’s recommendation that textbook evm measures are not recommended because of the special features of the joint undertaking and the amount of effort that would require to implement them , and that the evm measures should be used to monitor the joint undertaking’s performance instead; notes , furthermore , that the joint undertaking considers that no further action is necessary on that regard having fully complied with the map ahg’s decisions; notes that the joint undertaking has adopted a more consistent reporting on project performance through the adoption of a project booklet;


### 15. notes from the court’s report that in 2019 , the joint undertaking’s governing board appointed an ad-hoc group (ahg) to review its reporting system , and that the ahg proposed that a new earned value management (evm) system should be introduced , which was endorsed by its governing board in april 2019; notes , however , that the proposed evm system does not take into account all the independent experts’ recommendations and it does not provide clear information on what technical progress was achieved against costs incurred to-date , regarding the total of the joint undertaking's delivery obligations for the iter project; notes from the court’s report that considering the importance of the new evm system to track performance , it is crucial , that its effectiveness during the implementation phase is monitored by the joint undertaking and that the governing board is informed whenever significant issues emerge; notes the joint undertaking’s reply that the evm is now in steady state and it is the result of extensive interaction with the multi-annual planning (map) expert ahg , and notes the group’s recommendation that textbook evm measures are not recommended because of the special features of the joint undertaking and the amount of effort that would require to implement them , and that the evm measures should be used to monitor the joint undertaking’s performance instead; notes , furthermore , that the joint undertaking considers that no further action is necessary on that regard having fully complied with the map ahg’s decisions; notes that the joint undertaking has adopted a more consistent reporting on project performance through the adoption of a project booklet; ### 15. notes from the court’s report that in 2019 , the joint undertaking’s governing board appointed an ad-hoc group (ahg) to review its reporting system , and that the ahg proposed that a new earned value management (evm) system should be introduced , which was endorsed by its governing board in april 2019; notes , however , that the proposed evm system does not take into account all the independent experts’ recommendations and it does not provide clear information on what technical progress was achieved against costs incurred to-date , regarding the total of the joint undertaking's delivery obligations for the iter project; notes from the court’s report that considering the importance of the new evm system to track performance , it is crucial , that its effectiveness during the implementation phase is monitored by the joint undertaking and that the governing board is informed whenever significant issues emerge; notes the joint undertaking’s reply that the evm is now in steady state and it is the result of extensive interaction with the multi-annual planning (map) expert ahg , and notes the group’s recommendation that textbook evm measures are not recommended because of the special features of the joint undertaking and the amount of effort that would require to implement them , and that the evm measures should be used to monitor the joint undertaking’s performance instead; notes , furthermore , that the joint undertaking considers that no further action is necessary on that regard having fully complied with the map ahg’s decisions; notes that the joint undertaking has adopted a more consistent reporting on project performance through the adoption of a project booklet; calls on the joint undertaking to broaden the evm system with the criteria used to analyse the independent experts' recommendations and guarantee public access to the project booklet;


### 24. notes that the joint undertaking’s governing board adopted in 2019 an update of its internal control strategy , which aims to provide reasonable assurance to the f4e director and external stakeholders on the state of joint undertaking’s internal control , and that it is structured along the three main lines of defence of the institute of internal auditors and combines the iter-wide quality system and the commission internal control framework; notes that the joint undertaking has a system to manage risks at corporate and project level based on its integrated management system and the management and internal control standards; notes that the overall assessment of the integrated management system concluded that the system is effective overall with some improvements needed; ### 24. welcomes the fact that that the joint undertaking’s governing board adopted in 2019 an update of its internal control strategy , which aims to provide reasonable assurance to the f4e director and external stakeholders on the state of joint undertaking’s internal control , and that it is structured along the three main lines of defence of the institute of internal auditors and combines the iter-wide quality system and the commission internal control framework; notes that the joint undertaking has a system to manage risks at corporate and project level based on its integrated management system and the management and internal control standards; notes that the overall assessment of the integrated management system concluded that the system is effective overall with some improvements needed; notes that the improvement of the internal control framework depends on the clarity of the key performance indicators used to monitor the effectiveness of the established control activities; notes the fact that most of the joint undertakings adopted the new internal control framework of the commission;


### 5. notes that the administrative staff of the authority , of the european securities and markets authority and of the european insurance and occupational pensions authority hold regular meetings to discuss matters of shared interest that have resulted in sharing of practices and templates , with resultant efficiency gains; ### 5. notes that the administrative staff of the authority , of the european securities and markets authority and of the european insurance and occupational pensions authority hold regular meetings to discuss matters of shared interest that have resulted in sharing of practices and templates , with resultant efficiency gains; strongly encourages the agency to actively seek further and broader cooperation with all union agencies;


### 9. welcomes that , following the objective of union agencies of sharing procurement efforts , the agency launched an inter-institutional open call for tender in 2019 and that two other agencies joined that procurement procedure; calls on the agency to report to the discharge authority on future developments regarding its joint procurement procedures; ### 9. welcomes that , following the objective of union agencies of sharing procurement efforts , the agency launched an inter-institutional open call for tender in 2019 and that two other agencies joined that procurement procedure; calls on the agency to report to the discharge authority on future developments regarding its joint procurement procedures; regards this practise as an example worth following; encourages to further explore possibilities of streamlining procedures with other institutions;


### f. whereas public policy goals such as social cohesion and sustainable development should be at the core focus and targets of the bank; ### f. whereas the eib’s main objective of steady development shall also take into account public policy goals such as social cohesion and sustainable development;


### g. whereas the eib is considering plans to become the ‘eu development bank’ and the council already asked the eib and the ebrd to present these plans for future discussions; ### g. whereas the eib is considering becoming the ‘eu development bank’ and the council already asked the eib and the ebrd to present these plans for future discussions;


### 6. welcomes the adoption of a new tax policy in march 2019 , incorporating measures to counter tax avoidance via tax integrity due diligence checks and an anti-tax avoidance toolbox; notes that the eib will not be able to invest in countries featured on the eu black list of prohibited jurisdictions , and non-compliant jurisdictions will receive ‘enhanced vigilance’; reiterates that heightened tax due diligence should apply whenever tax havens appears in the corporate structure of clients , promoters or intermediaries; ### 6. welcomes the adoption of a new tax policy in march 2019 , incorporating measures to counter tax avoidance via tax integrity due diligence checks and an anti-tax avoidance toolbox; notes that the eib will not be able to invest in countries featured on the eu black list of prohibited jurisdictions , and non-compliant jurisdictions will receive ‘enhanced vigilance’; notes that a limited number of exceptions may apply for investments in non-cooperative jurisdictions and asks the eib to mitigate the risk to a minimum in these cases; reiterates that heightened tax due diligence should apply whenever tax havens are proved in the corporate structure of clients , promoters or intermediaries;


### 8. asks the eib to report about the number and scope of the decisions of suspension/interruption of payments and/or retrieval of loans or requests for anticipated reimbursement of loans as consequence of prohibited conducts or other malpractices affecting the financed activities; calls on the eib to report about the nature of the financial support affected by the alleged misbehaviours and about the geographical distribution of such cases; ### 8. welcomes that he eib is implementing its exclusion policy and is committed to apply it rigorously through discretionary exclusion proceedings and settlement agreements; asks the eib to report about the number and scope of the decisions of suspension/interruption of payments and/or retrieval of loans or requests for anticipated reimbursement of loans as consequence of prohibited conducts or other malpractices affecting the financed activities; calls on the eib to report about the nature of the financial support affected by the alleged misbehaviours and about the geographical distribution of such cases if possible within the legal remits;


### 9. welcomes eib group update on covid-19 in the eib financial report 2019 , shedding light on the emergency response package adopted in 2020 to support the sme and mid-cap sectors in the union , encompassing liquidity lines and guarantee schemes for banks and asset-backed securities purchase programs and considering the creation of a european guarantee fund (egf) focused on financing support to smes; urges the eib to require companies supported by the european guarantee fund or other funding programmes put in place to tackle the covid-19 crisis to comply with binding social and environmental conditions , including the adoption of decarbonisation plans , as to increase their resilience , and to refrain to pay out dividends , bonuses and share buy backs for at least the next 2 years after benefiting from support; ### 9. welcomes eib group update on covid-19 in the eib financial report 2019 , shedding light on the emergency response package adopted in 2020 to support the sme and mid-cap sectors in the union , encompassing liquidity lines and guarantee schemes for banks and asset-backed securities purchase programs and considering the creation of a european guarantee fund (egf) focused on financing support to smes; urges the eib to require companies supported by the european guarantee fund or other funding programmes put in place to tackle the covid-19 crisis to comply with binding social and environmental recommendations , including the adoption of decarbonisation plans by the end of 2025 , as to increase their resilience , stresses that any new requirements should not create more bureaucracy for smes;


### 9. welcomes eib group update on covid-19 in the eib financial report 2019 , shedding light on the emergency response package adopted in 2020 to support the sme and mid-cap sectors in the union , encompassing liquidity lines and guarantee schemes for banks and asset-backed securities purchase programs and considering the creation of a european guarantee fund (egf) focused on financing support to smes; urges the eib to require companies supported by the european guarantee fund or other funding programmes put in place to tackle the covid-19 crisis to comply with binding social and environmental conditions , including the adoption of decarbonisation plans , as to increase their resilience , and to refrain to pay out dividends , bonuses and share buy backs for at least the next 2 years after benefiting from support; ### 9. welcomes eib group update on covid-19 in the eib financial report 2019 , shedding light on the emergency response package adopted in 2020 to support the sme and mid-cap sectors in the union , encompassing liquidity lines and guarantee schemes for banks and asset-backed securities purchase programs and considering the creation of a european guarantee fund (egf) focused on financing support to smes;


### efsi functioning and effectiveness ### efsi development


### 11. takes note of the results presented in the european investment advisory hub report 2019; commends the positive impact of the european investment advisory hub (eiah); calls to further strengthen the eib’s in-house financial and capacities to ensure long-lasting commitment to the implementation and long-term financing horizon of eu missions such as cancer , adapting to climate change , protecting our oceans , living in greener cities and ensuring soil health and food; welcomes that in following up eca’s recommendation a ‘study on the root causes of the geographical spread of efsi supported investment in response to recommendation 5 of the european court of auditors [click and drag to move] ‘ performance audit on efsi’ was presented in july 2019; takes note of the conclusions of this analysis; observes that the efsi steering board emphasised the importance of achieving wide geographical distribution of efsi investment to contribute to sustainable long-term economic convergence across the union; ### 11. takes note of the results presented in the european investment advisory hub report 2019; commends the positive impact of the european investment advisory hub (eiah); calls to further strengthen the eib’s in-house financial and capacities to ensure long-lasting commitment to the implementation and long-term financing horizon of eu missions such as cancer , adapting to climate change , protecting our oceans , living in greener cities and ensuring soil health and food; welcomes that in following up eca’s recommendation a ‘study on the root causes of the geographical spread of efsi supported investment in response to recommendation 5 of the european court of auditors ‘ performance audit on efsi’ was presented in july 2019; takes note of the conclusions of this analysis , which documents considerable efforts on the side of eib and the commission to facilitate a more balanced geographical distribution of efsi financing;


### the eib’s role in financing the european green deal ### the eib’s driving investments in key strategic areas


### 12. recalls that in november 2019 , in line with the political ambition behind the european green deal , the eib board of directors decided to increase the level of climate and environment commitment for the eib group with the aim to transform the eib from ‘an eu bank supporting climate’ into ‘the eu climate bank’ and pledged to gradually increase the share of its financing dedicated to climate action and environmental sustainability to reach 50% of its operations in 2025 and to align all financing activities with the goals of the paris agreement from the end of 2020; welcomes the adoption of the climate roadmap; calls on the eib ensure that projects already in the pipeline before november 2020 are consistent with the objective of climate neutrality by 2050 despite the transition period foreseen until the end of 2022; ### 12. recalls that in november 2019 , in line with the political ambition behind the european green deal , the eib board of directors decided to increase the level of climate and environment commitment for the eib group with the aim to transform the eib from ‘an eu bank supporting climate’ into ‘the eu climate bank’ and pledged to gradually increase the share of its financing dedicated to climate action and environmental sustainability to reach 50% of its operations in 2025 and to align all financing activities with the goals of the paris agreement from the end of 2020; welcomes the adoption of the climate roadmap; calls on the eib ensure business continuity by continuing to approve projects already under appraisal until the end of 2022;


### 14. notes that according to the eib sustainability report , absolute emissions of the eib portfolio in 2019 are estimated at 3 ,9 million tonnes of co2e per year , up from 2.2 million tonnes of co2e per year in 2018. the overall reduced or avoided emissions from the same financing are estimated at 3.1 million tonnes of co2e per year in 2019 compared to 3.5 million tonnes of co2e per year in 2018. calls on the eib to increase efforts to decrease absolute emissions; calls on the eib to systematically disclose ghg footprint calculations for all projects that are subject to carbon foot printing , in order to enhance transparency; ### 14. notes that according to the eib sustainability report relative emissions figures show savings of between 2.9 and3.5 million tonnes of co2e per year between 2017 and 2019; calls on the eib to maintain its efforts to further decrease emissions; welcomes that the eib systematically discloses ghg footprint calculations for projects above the threshold defined in section 5 of the eib carbon footprint methodologies 1a , corresponding to a capturing of 95% of all absolute and relative ghg emissions from projects;


### 15. welcomes the energy lending policy agreed by the eib board of directors in november 2019 and in particular the decision to end financing for fossil fuel energy projects; notes however that gas infrastructure projects included in the 4th list of projects of common interest and gas projects already under appraisal by 14 november 2019 are not excluded from eib financing until the end of 2021; points to the ombudsman decision in case 1991/2019/kr including the observation that the sustainability of gas on the pci list were not properly assessed; expresses its concern that in 2019 the eib provided 604 million euro of financing to oil and natural gas transmission and distribution; stresses that these projects are at risk of contributing to a lock-in of carbon intensive infrastructure and stranded assets; calls on the eib to assess and address these risks; ### 15. notes the energy lending policy agreed by the eib board of directors in november 2019 and the decision to end financing for fossil fuel energy projects; welcomes that gas infrastructure projects included in the 4th list of projects of common interest and gas projects already under appraisal by 14 november 2019 are not excluded from eib financing until the end of 2021; welcomes that the 685 million euro of financing to natural gas transmission were subject to systematic environmental and climate due diligence;


### 15. welcomes the energy lending policy agreed by the eib board of directors in november 2019 and in particular the decision to end financing for fossil fuel energy projects; notes however that gas infrastructure projects included in the 4th list of projects of common interest and gas projects already under appraisal by 14 november 2019 are not excluded from eib financing until the end of 2021; points to the ombudsman decision in case 1991/2019/kr including the observation that the sustainability of gas on the pci list were not properly assessed; expresses its concern that in 2019 the eib provided 604 million euro of financing to oil and natural gas transmission and distribution; stresses that these projects are at risk of contributing to a lock-in of carbon intensive infrastructure and stranded assets; calls on the eib to assess and address these risks; ### 15. notes the energy lending policy agreed by the eib board of directors in november 2019 and in particular the decision to end financing for fossil fuel energy projects; notes however that gas infrastructure projects included in the 4th list of projects of common interest and gas projects already under appraisal by 14 november 2019 are not excluded from eib financing until the end of 2021; points to the ombudsman decision in case 1991/2019/kr , including the observation that the sustainability of gas on the pci list was not properly assessed; expresses its concern that in 2019 the eib provided eur 604 million of financing to oil and natural gas transmission and distribution; stresses that these projects are at risk of contributing to a lock-in of carbon intensive infrastructure and stranded assets; calls on the eib to assess and address these risks;


### 15. welcomes the energy lending policy agreed by the eib board of directors in november 2019 and in particular the decision to end financing for fossil fuel energy projects; notes however that gas infrastructure projects included in the 4th list of projects of common interest and gas projects already under appraisal by 14 november 2019 are not excluded from eib financing until the end of 2021; points to the ombudsman decision in case 1991/2019/kr including the observation that the sustainability of gas on the pci list were not properly assessed; expresses its concern that in 2019 the eib provided 604 million euro of financing to oil and natural gas transmission and distribution; stresses that these projects are at risk of contributing to a lock-in of carbon intensive infrastructure and stranded assets; calls on the eib to assess and address these risks; ### 15. rejects the decision taken by the eib board of directors in november 2019 to end financing for nuclear power projects; points out that nuclear power is a green source of energy and that its place in the green transition is indispensable; points out that public spending on civilian nuclear power will make the eu less dependent on natural gas for its energy supply; points out that the fact that the eu imports natural gas from third countries has security policy implications;


### 16. reminds the eib of parliament’s call to explain how the trans anatolia natural gas pipeline and trans-adriatic pipeline will be aligned with the goals of the paris agreement by the end of 2020; notes that the project is subject to an enquiry by the european ombudsman5 concerning the failure of the eib to ensure proper climate impact assessment for both the projects]; urges the eib to address any shortcomings to the environmental impact assessment and address negative environmental , climate and social impacts as a matter of priority; ### deleted


### 17. notes that under the current energy lending policy , gas-fired power plants and gas network projects that are planned to transport low carbon gas are eligible under the condition of a ‘credible plan’; calls on the eib to specify the criteria for these plans to be considered credible in order to avoid the risk of supporting gas projects which are not aligned with climate targets; ### 17. notes that under the current energy lending policy , gas-fired power plants and gas network projects that are planned to transport low carbon gas are eligible under the condition of a ‘credible plan’; notes that the eib established clear criteria for these plans to be considered credible including an emissions trajectory to be included in the eib finance contract; welcomes that the eib will make a mid-term review of the energy lending policy in early2022;


### 17. notes that under the current energy lending policy , gas-fired power plants and gas network projects that are planned to transport low carbon gas are eligible under the condition of a ‘credible plan’; calls on the eib to specify the criteria for these plans to be considered credible in order to avoid the risk of supporting gas projects which are not aligned with climate targets; ### 17. notes that under the current energy lending policy , gas-fired power plants and gas network projects that are planned to transport low carbon gas are eligible under the condition of a ‘credible plan’;


### 18. notes that in 2019 the eib supported several projects involving hydropower; expresses its concern about shortcomings in the environmental impact assessment of eib-financed hydropower projects; welcomes the environmental , climate and social guidelines on hydropower development; calls on the eib to enhance transparency of eib operations involving financial intermediaries to identify and avoid potential negative environmental or human rights’ impacts to hydropower operations both inside and outside the eu; ### 18. notes that in 2019 the eib supported several projects involving hydropower; welcomes the environmental , climate and social guidelines on hydropower development; welcomes that the eib is currently upgrading its reporting requirements for intermediated lending to account for alignment with the paris agreement and the eu taxonomy on sustainable finance; stresses that such new requirements should not be at the detriment of access to finance for smes;


### 19. expresses its concern over the risk that the eib and the eif finance carbon intensive activities via financial intermediaries; calls on the eib group to introduce binding environmental , social , governance and fair taxation criteria as part of the upcoming guidelines on counterparty alignment , including lists of restricted activities and the requirement for clients to have clear and binding decarbonisation plans in line with the paris agreement; ### 19. recalls that the eib group has in place an environment and social framework , welcomes that the eib systematically reports on environmental , social , and economic impacts and provides ex-ante as well as ex-post evaluations of the screening exercise regarding environmental and social impacts; ;


### 19. expresses its concern over the risk that the eib and the eif finance carbon intensive activities via financial intermediaries; calls on the eib group to introduce binding environmental , social , governance and fair taxation criteria as part of the upcoming guidelines on counterparty alignment , including lists of restricted activities and the requirement for clients to have clear and binding decarbonisation plans in line with the paris agreement; ### deleted


### 20. notes the eib group’s growing involvement in the agricultural sector; insists that eib financing needs to support a transition to land-based animal agriculture , with diets adapted to the animals’ natural needs , and a re-balancing of animal and crop productions and should avoid contributing to stocking densities exceeding the carrying capacity of the land; ### 20. notes the eib group’s growing involvement in the agricultural sector; insists that eib financing needs to support the transition that european policy is calling for in the livestock sector;


### 20. notes the eib group’s growing involvement in the agricultural sector; insists that eib financing needs to support a transition to land-based animal agriculture , with diets adapted to the animals’ natural needs , and a re-balancing of animal and crop productions and should avoid contributing to stocking densities exceeding the carrying capacity of the land; ### deleted


### 21. notes that the financing provided within the union in 2019 for transport was higher than in 2018 (eur 9 325 million against eur 8 237 million in 2018) and that contraction of financing for road and motorways was offset by increases in financing of railways and air transport; stresses the importance of aligning the transport lending policy and the eib’s transport portfolio with the climate bank roadmap , in particular the decarbonisation of the transport sector by 2050; regrets the eib’s support in 2019 to airport expansions in several member states; welcomes the eib’s commitment to pull back from financing airport capacity expansion; calls for the upcoming revision of the transport lending policy to explicitly exclude financing of projects locking-in carbon intensive , in particular the expansion of airports and infrastructure for liquefied natural gas , to limit the financing of motorways; calls for the policy to increase support for modal shifts towards zero-carbon mobility both for freight and passengers at urban and inter-urban level , such as rail , safe cycling and clean public transport , in particular for underserved communities and localities , and for renewables-based electrification infrastructure; ### 21. notes that the financing provided within the union in 2019 for transport was higher than in 2018 (eur 9 325 million against eur 8 237 million in 2018) and that contraction of financing for road and motorways was offset by increases in financing of railways and air transport; stresses the importance of aligning the transport lending policy and the eib’s transport portfolio with the climate bank roadmap , in particular the decarbonisation of the transport sector by 2050; but also with the commission’s upcoming strategy for sustainable and smart mobility as a response to the new european green deal , and with other areas of eu transport policy; welcomes the eib’s commitment not to finance existing airport capacity expansion and port infrastructure dedicated to the transport and storage of fossil fuels; calls for the policy to support modal shifts towards zero-carbon mobility both for freight and passengers at urban and inter-urban level , such as rail , safe cycling and clean public transport , in particular for underserved communities and localities , and for renewables-based electrification infrastructure;


### 21. notes that the financing provided within the union in 2019 for transport was higher than in 2018 (eur 9 325 million against eur 8 237 million in 2018) and that contraction of financing for road and motorways was offset by increases in financing of railways and air transport; stresses the importance of aligning the transport lending policy and the eib’s transport portfolio with the climate bank roadmap , in particular the decarbonisation of the transport sector by 2050; regrets the eib’s support in 2019 to airport expansions in several member states; welcomes the eib’s commitment to pull back from financing airport capacity expansion; calls for the upcoming revision of the transport lending policy to explicitly exclude financing of projects locking-in carbon intensive , in particular the expansion of airports and infrastructure for liquefied natural gas , to limit the financing of motorways; calls for the policy to increase support for modal shifts towards zero-carbon mobility both for freight and passengers at urban and inter-urban level , such as rail , safe cycling and clean public transport , in particular for underserved communities and localities , and for renewables-based electrification infrastructure; ### 21. notes that the financing provided within the union in 2019 for transport was higher than in 2018 (eur 9 325 million against eur 8 237 million in 2018) and that contraction of financing for road and motorways was offset by increases in financing of railways and air transport; stresses the importance of aligning the transport lending policy and the eib’s transport portfolio with the climate bank roadmap , in particular the decarbonisation of the transport sector by 2050; calls for the policy to increase support for modal shifts towards zero-carbon mobility both for freight and passengers at urban and inter-urban level , such as rail , safe cycling and clean public transport , in particular for underserved communities and localities , and for renewables-based electrification infrastructure;


### 25. notes that the union development policy will be implemented via the new neighbourhood , development and international cooperation instrument (ndici) of which the eib is key implementer; expresses concern about the use of eu development funds for de-risking private investment given the lack of evidence as to its capacity to provide additionality and fulfil development objectives , as recently reported in the final review of efsd as well as the opinion of the european court of auditors (no 7/2020); stresses the need for donors to prioritise grant-based financing as the default option , especially to ldcs avoiding an increase of debt burden; ### 25. notes that the union development policy will be implemented via the new neighbourhood , development and international cooperation instrument (ndici) of which the eib is key implementer; welcomes that the efsd delivers on financial additionality and is highly relevant to the requirements of the ‘new sdg-led global development finance model’ , as recently reported in the final review of efsd as well as the opinion of the european court of auditors (no 7/2020);


### 26. reiterates that eib’s external operations are expected to contribute to eu policy objectives , fostering developing countries’ sustainable economic , social and environmental development , particularly in the most disadvantaged amongst them as well as compliance with objectives approved by the union; recognises poverty eradication , domestic resource mobilisation and human rights as core topics within the eu development finance architecture; reminds that stakeholders engagement is the cornerstone of sustainable and inclusive development; ### 26. welcomes that the eib has always been fully aligned with eu external policies , , fostering developing countries’ sustainable economic , social and environmental development , particularly in the most disadvantaged amongst them as well as compliance with objectives approved by the union; recognises poverty eradication , domestic resource mobilisation and human rights as core topics within the eu development finance architecture; reminds that stakeholders engagement is the cornerstone of sustainable and inclusive development and welcomes in this regard that eib is strongly committed to the principles of stakeholder engagement as defined in its standard on stakeholder engagement;


### 27. reiterates its call to enhance its due diligence at project level to identify and address human rights related risks in all its activities and throughout the lifespan of its projects including by allowing for the suspension of disbursements in the case of serious violations of human rights or environmental and social standards , and to ensure that complaints mechanisms are easily accessible timely and effective; asks to report to the parliament and the board of governors about this by the end of 2021; ### 27. notes that human rights principles are fully integrated into the bank’s key due diligence procedures and standards and that contractual clauses with clients allow for the suspension of disbursements in the case of serious violations of human rights , notes that the complaints mechanisms was reinforced at the end of 2018; recalls that the eib is directly bound by the eu charter of fundamental rights and welcomes the revision of the 2009 statement of environmental and social principles and standards;


### 28. expresses its concern about the lack of transparency of eib’s operations through financial intermediaries such as commercial banks and investment funds; stresses the need to assess the economic and social impact of intermediated loans by making information about ultimate beneficiaries available; calls for the eib to establish standard reporting obligations with financial intermediaries and by the final beneficiaries , respecting where needed the confidentiality agreements between the financial intermediary and the final beneficiary but providing a solid structure for gathering data and information; ### 28. stresses the need to assess the economic and social results of intermediated loans by making information about ultimate beneficiaries available; acknowledges however that the confidentiality agreements between the financial intermediary and the final beneficiary must be respected and that the disclosure of beneficial ownership to the public cannot be unilaterally extended by the eib beyond the existing legal framework including the gdpr ;


### 28. expresses its concern about the lack of transparency of eib’s operations through financial intermediaries such as commercial banks and investment funds; stresses the need to assess the economic and social impact of intermediated loans by making information about ultimate beneficiaries available; calls for the eib to establish standard reporting obligations with financial intermediaries and by the final beneficiaries , respecting where needed the confidentiality agreements between the financial intermediary and the final beneficiary but providing a solid structure for gathering data and information; ### deleted


### 30. expresses its concern over reports that several former vice-presidents have taken up employment at entities associated with the eib without respecting a cooling-off period; deplores the fact that such practices are not strictly regulated and prohibited by the eib’s code of conduct; regrets that the ongoing review of post-employment policy has not yet been finalised and stresses that stricter rules should be implemented; calls on the eib to align its policy on post-employment with that of the commission and peer institutions; ### 30. expresses its concern over reports that several former vice-presidents have taken up employment at entities associated with the eib after following the process required by the eib management committee code of conduct ; notes that the eib’s code of conduct foresees cooling-off periods for members of the eib management committee and the board of directors; welcomes the ongoing review of post-employment policy; calls on the eib to align its policy on post-employment with that of the commission and peer institutions;


### 31. expresses concern that the vice-presidents are still responsible , among other countries , for their country of origin which can create conflict of interest; calls on the eib to act on parliament’s request to include in the code of conduct of the management committee a provision excluding the possibility of their members overseeing lending or the implementation of projects in their home countries; ### 31. notes that the vice-presidents are still responsible , among other countries , for their country of origin which on the one hand gives them the necessary expertise but on the other hand might create conflict of interest; stresses that eib should continue to carry out project assessment alongside objective technical , financial , economic indicators making the project’s quality the decisive factor in deciding whether or not to grant financing;


### 32. welcomes the eib decision of 6 february 2019 laying down internal rules concerning the processing of personal data by the fraud investigations division within the inspectorate general and the office of the chief compliance officer; stresses that in terms of corporate compliance , adequate resources must be devoted to control and monitor external activities , conflict of interests , procurement and gifts; ### 32. welcomes the eib decision of 6 february 2019 laying down internal rules concerning the processing of personal data by the fraud investigations division within the inspectorate general and the office of the chief compliance officer; notes that in terms of corporate compliance , adequate resources must be devoted to control and monitor external activities , conflict of interests , procurement and gifts;


### 33. regrets the still persistent lack of diversity and gender balance at the senior management level and within the eib group’s governing bodies as well as a very high share of women in support functions; regrets that the target to increase the percentage of female managers to 33% by 2021 falls below the target of 40% women in managing positions in the commission; urges the eib to strengthen its efforts in promoting gender balance at all levels of staff; ### 33. welcomes the eib’s efforts to promote diversity and gender balance; notes that the bank set targets to increase the percentage of female managers to 33% the share of women at senior executive level to 40% , and the share of women at executive level to 50% by 2021; urges the eib to strengthen its efforts in promoting gender balance at all levels of staff; notes that vice presidents are nominated by member states and as such the gender balance of the management committee is not a decision for the bank;


### 34. regrets that eib still does not fully disclose the details of the beneficial ownership of its clients; observes that in some cases the data of the involved economic operators are not communicated by the promoters or financial intermediaries; stresses that the disclosure of beneficiaries and their beneficial ownership is in line with the existing legal framework; asks the eib to use the available tools and to implement the standards promoted by the 5th aml directive to make accessible such data; invites to explore which measures could be taken in case of unjustified refusal by some jurisdiction to provide such information; reiterates the need that eif compliance and eib occo work together to bring consistency to the design and implementation of the eib group policies in the sectors of anti-money laundering and combating terrorism financing; ### 34. recalls that art 30(5) of the alm requires member states to ensure that the information on the beneficial ownership is accessible to , among others , any member of the general public; stresses that the disclosure of beneficiaries and their beneficial ownership is in line with the existing legal framework , however , recalls that it is possible for member states to provide for exemptions to the disclosure through the registers of beneficial ownership information and to access to such information , in exceptional circumstances; asks the eib to use the available tools and to implement the standards promoted by the 5th aml directive to make accessible such data; reiterates the need that eif compliance and eib occo work together to bring consistency to the design and implementation of the eib group policies in the sectors of anti-money laundering and combating terrorism financing;


### 36. reiterates the importance of the involvement of local stakeholders when assessing impact of investments; emphasises that consultations must be inclusive of all the interested communities , accessible to vulnerable groups , tailored on peculiarities of the stakeholders and continuous throughout the project lifecycle; calls for respecting the principle of compliance with the principle of free , prior , and informed consent from all the affected communities (besides the indigenous population) in case of land and natural resource-based investments , asks the eib to report on the implementation of the above principles; ### 36. reiterates the importance of the involvement of local stakeholders when assessing impact of investments; emphasises that consultations must be inclusive of all the interested communities , accessible to vulnerable groups , tailored on peculiarities of the stakeholders and continuous throughout the project lifecycle; welcomes in this regard that the eib follows a transparent procedure laid down in art.7.10 & 7.11 of eib group’s transparency policy; recalls forthat eib standards are fully aligned with the international human rights law and the bank is calls for respecting the principle of compliance with the principle of free , prior , and informed consent from the indigenous population in case of land and natural resource-based investments , asks the eib to report on the implementation of the above principles;


### 37. points out that the union has increasingly made use of financial instruments and budgetary guarantees provided to the eib group; recalls that , at present , the eib group operations not financed by the union budget , but which still serve the same union objectives , do not come under the court’s audit mandate; points out that this results in the court being unable to provide a complete overview of the links between the eib group operations and the union budget; asks for a memorandum of understanding between the eib group and the parliament to improve parliament’s access to eib documents and data related to strategic orientation and financing policies in order to strengthen the bank’s accountability; asks for the revision of the current tripartite agreement between the commission , eib and the court with a view to define rules of engagement which enhance the role of the court and further strengthen its auditing powers regarding eib operations financed with eib’s share capital; ### 37. points out that the union has increasingly made use of financial instruments and budgetary guarantees provided to the eib group; recalls that , at present , the eib group operations not financed by the union budget , but which still serve the same union objectives , do not come under the court’s audit mandate; points out that this results in the court being unable to provide a complete overview of the links between the eib group operations and the union budget; asks for a memorandum of understanding between the eib group and the parliament to improve parliament’s access to eib documents and data related to strategic orientation and financing policies in order to strengthen the bank’s accountability;


### 39. notes the adoption in march 2019 of the eib group whistleblowing policy and takes note of its compliance with the general principles and standards integrated in the directive (eu) 2019/1937 , entered into force at a later time; regrets that the policy applies solely to cases of internal whistleblowing; ### 39. notes the adoption in march 2019 of the eib group whistleblowing policy and takes note of its compliance with the general principles and standards integrated in the directive (eu) 2019/1937 , entered into force at a later time; welcomes that the bank will further enhance its whistleblowing policy in line with the principles underpinning the directive including the extension of the scope of applicability to cases of external whistleblowing;


### 41. notes that in 2019 out of the 220 cases completed , 40 were substantiated and resulted either in referrals to competent authorities or in recommendations to eib group services; notes also that 62% of such referrals (25 out of 40) were made to olaf; asks eib to report on the outcome of undertaken actions; ### 41. notes that in 2019 out of the 220 cases completed , 40 were substantiated , corresponding to 18% of the cases completed , and resulted either in referrals to competent authorities or in recommendations to eib group services; notes also that 62% of such referrals (25 out of 40) were made to olaf; asks eib to report on the outcome of undertaken actions;


### 42. calls on the eib to increase proactive transparency by making non-confidential documents publicly available in a user friendly database in a timely manner; reiterates its call to operate on the basis of the ‘presumption of disclosure’ rather than the ‘presumption of confidentiality’; ### 42. calls on the eib to increase proactive transparency by making non-confidential documents publicly available in a user friendly database in a timely manner in line with the existing legal framework;


### 43. reiterates its call for the disclosure of the opinions issued by the commission within the framework of the procedure in accordance with article 19 of the eib statute on the eib financing operations for the purpose to assess their compliance with the relevant eu legislation and eu policies; calls on the commission and eib to reach an agreement to ensure full transparency on such opinions and their underlying rationale; ### 43. notes that the opinions issued by the commission within the framework of the procedure in accordance with article 19 of the eib statute on the eib financing operations for the purpose to assess their compliance with the relevant eu legislation and eu policies are included in the minutes of the board of directors and published on the eib’s website; calls on the commission and eib to reach an agreement to ensure full transparency on such opinions and their underlying rationale as far as legally possible;


### 44. calls for the timely publication of the full agendas and minutes of meetings of the management committee and board of directors’; underlines that the future transparency policy should reinforce the transparency requirements for all its operations and require project promoters to make environmental impact assessment and related documents publicly available , by including stringent transparency obligations in the specific contractual clauses signed with all eib clients; asks the eib to publish more regular , in-depth and comprehensive information on the financial intermediaries responsible for leveraging eib funds and to include contractual clauses concerning mandatory disclosures from these institutions on lending activity; ### 44. calls for the timely publication of the full agendas and minutes of meetings of the management committee and board of directors’; understands however that certain limits apply with regard to document transparency to ensure protection of confidential information provided by eib's clients and project partners; underlines that the future transparency policy should reinforce transparency; asks the eib to publish more regular , in-depth and comprehensive information on the financial intermediaries responsible for leveraging eib funds; stresses that any new requirements should not be at the detriment of access to finance for smes;


### impacts (economic , environmental and social) of its investment strategy , ### impacts (economic , environmental and social) of its investment strategy and results achieved to contribute to the balanced and steady development of the internal market in the interest of the union ,


### actions adopted to enhance the prevention of conflict of interests , ### adaptations related to the prevention of conflict of interests ,


### measures for strengthen transparency following integrity due diligence of clients to prevent tax avoidance , fraud and corruption , ### measures regards transparency following integrity due diligence of clients to prevent tax avoidance , fraud and corruption ,


### results of the actions undertaken to follow up the calls and requests adopted via the present resolution; ### actions undertaken to follow up the calls and requests adopted via the present resolution;


### h. whereas for companies the current systems in most cases do not contain information about the owner or owners of the companies; ### h. whereas for companies the current systems in most cases do not contain information about the owner or owners of the companies , and their beneficial owners;


### l. whereas some companies and natural persons operate in more than one member state; ### l. whereas some companies and natural persons operate in more than one member state and company structures can be highly complex and opaque;


### n. whereas all these factors illustrate that there is an urgent need to create a standardised union-wide interoperable digital system for member states‘ implementing authorities to report about the beneficiaries of cap and structural and cohesion funds in order to enable national control and audit authorities , union institutions and the public to obtain reliable information about the identity of final beneficiaries , how much they receive and from which funds; ### n. whereas all these factors illustrate that there is an urgent need to create a standardised union-wide interoperable digital system for member states‘ implementing authorities to report about the beneficiaries of cap and structural and cohesion funds in order to enable national control and audit authorities , union institutions and bodies , the eca , olaf and eppo to obtain complete and reliable information about the identity of final beneficiaries , how much they receive and from which funds;


### s. whereas public entities are often the direct recipients of money from cap or structural funds which is then paid to other recipients as part of a specific program implementation; whereas in such situations the public entity should also be obliged to report about who the final recipients of the money have been; ### s. whereas public entities are often the direct recipients of money from cap or structural funds which is then paid to other recipients as part of a specific program implementation; whereas in such situations the public entity should also be obliged to report about who the final recipients of the money have been; whereas the digital system should include interoperability inter alia with internal systems of relevant national bodies and authorities , managementand paying authorities , as well as national public procurement and tender databases;


### t. whereas such an interoperable system should respect gdpr rules and reasonable “de minimis rules”; ### t. whereas such an interoperable system should respect gdpr rules and reasonable “de minimis rules” for the publication of data;


### v. whereas rules on transparency concerning beneficiaries of funds from shared management policies should as far as possible be harmonised with rules concerning beneficiaries of funds in direct management; ### v. whereas rules on the publication of data concerning beneficiaries of funds from shared management policies should as far as possible be harmonised with rules concerning beneficiaries of funds in direct management;


### 5. is of the firm opinion that the most efficient and effective way to ensure enhanced protection of union finances and enable further transparency is to create an integrated , interoperable and harmonised system to collect , monitor and analyse information about final beneficiaries in all member states. ### 5. is of the firm opinion that the most efficient and effective way to further enhance protection of union finances and enable even closer scrutiny is to create an integrated , interoperable and harmonised system to collect , monitor and analyse information about final beneficiaries in all member states;


### 6. considers that transparency about the implementation of the rules and accordingly about the identity of recipients of money from different funds and programmes and about the amounts they receive is an essential part of ensuring trust in the financial management of union funds; ### 6. considers that transparency about the implementation of the rules and accordingly about the identity of recipients of money from different funds and programmes and about the amounts they receive is an essential part of ensuring trust in the financial management of union funds; acknowledges that the publication of data on beneficiaries should include “de minimis” thresholds in line with applicable data protection rules and the standing jurisprudence of the cjeu;


### 6. considers that transparency about the implementation of the rules and accordingly about the identity of recipients of money from different funds and programmes and about the amounts they receive is an essential part of ensuring trust in the financial management of union funds; ### 6. considers that transparency about the implementation of the rules and accordingly about the identity of recipients of money from different funds and programmes and about the amounts they receive and prevention of fraud policies are an essential part of ensuring trust in the financial management of union funds;


### 8. underlines that transparency about final beneficiaries will ensure that auditing , control and discharge authorities in national administrations , the commission , the council and the parliament will have much better and more accurate possibilities to ensure that money is being spent efficiently according to rules and policy ambitions; ### 8. underlines that transparency about final beneficiaries will ensure that auditing , control and discharge authorities in national administrations , the commission , the council and the parliament will have much better and more accurate possibilities to ensure that money is being spent efficiently according to rules and policy ambitions; emphasises that also the eca , olaf and eppo will be able to fulfil their respective responsibilities with greater efficiency and accuracy if given full access to complete and reliable information;


### 9. underlines furthermore , that transparency about final beneficiaries will give journalists , civil society representatives and the general public much better possibilities to raise legitimate questions and concerns and thereby to expose potential cases of misuse or fraud of union funds; ### 9. underlines furthermore , that a more coherent and eu wide publication of data about final beneficiaries will give journalists , civil society representatives and the general public much better possibilities to raise legitimate questions and concerns and thereby to expose potential cases of misuse or fraud of union funds;


### 10. considers that the present situation where it is impossible to get a reasonably complete picture about who is receiving how much from especially shared management funds is unacceptable and needs to be changed as soon as possible to increase the efficiency of union funds; ### 10. considers that the present situation where it is impossible to get a reasonably complete picture about who is receiving how much from especially shared management funds , including particularly the lacking possibility to aggregate individual amounts concerning the same direct and/or final beneficiary and/or beneficial owner , is unacceptable and needs to be changed as soon as possible to increase the efficiency of union funds;


### 14. stresses that the revision should ensure that it is possible to identify final beneficiaries of funds and therefore the revision should , among other things , contain an obligation for reporting systems to include detailed information about the type of beneficiary and unique identifiers for all direct beneficiaries; ### 14. stresses that the revision should ensure that it is possible to identify final beneficiaries of funds; considers that compulsory information items collected for audit and control purposes need to include as a minimum the registration number of legal entities , national identification number for natural persons , an indication of the type of beneficiary , sub-contractors , beneficial owners , whether the beneficiary also receives state aid and the beneficiary’s contact information; underlines that access to sensitive data through the interoperable digital reporting and monitoring system must be limited to responsible nationaland european authorities , institutions and bodies for audit , control and discharge purposes and strictly in line with data protection requirements;


### 15. underlines that the revision should further ensure that when the direct recipient of union funds is a company it should be ensured that it is possible to identify the owners of that company; ### 15. underlines that the revision should further ensure that when the direct recipient of union funds is a company it should be ensured that it is possible to identify the beneficial owners of that company;


### 16. underlines that in situations where the direct recipient is a company which is owned by another company , it should be ensured that it is possible to identify the owners of the second company also , and that this obligation should continue to apply no matter how many companies are involved; ### 16. underlines that in situations where the direct recipient is a company which is owned by another company , it should be ensured that it is possible to identify the beneficial owners of the second company also , and that this obligation should continue to apply no matter how many companies are involved;


### 17. notes that this obligation to identify the owner should as a minimum apply whenever any natural or legal person owns more than 30% of the company in question; ### 17. notes that this obligation to identify the beneficial owner should as a minimum apply whenever any natural or legal person owns more than 10% of the company in question; emphasises that company shares belonging to relatives should be aggregated and counted as one;


### 18. notes that the obligation of being able to identify the owners of the company should also apply when a company is located in a non-union country; ### 18. notes that the obligation of being able to identify the beneficial owners of the company should also apply when a company is located in a non-union country;


### 19. notes that the revision of the financial regulation should also ensure that public entities , which are the direct recipients of union funds , should be obliged to report concerning the final beneficiaries of the funds , i.e. if it is natural or legal persons other than the public entity itself; ### 19. notes that the revision of the financial regulation should also ensure that public entities , which are the direct recipients of union funds , should be obliged to report concerning the final beneficiaries of the funds , i.e. if it is natural or legal persons other than the public entity itself; underlines the necessity for the digital system to include interoperability with internal systems of relevant national bodies and authorities , management and paying authorities , as well as national public procurement and tender databases;


### 21. stresses that such a system shall be based on standardised measures to collect , compare and aggregate information and figures on the final recipients and beneficiaries of union funding , for the purposes of control and audit; ### 21. stresses that such a system shall be based on standardised measures to collect , compare and aggregate information and figures on the final recipients and beneficiaries of union funding , for the purposes of control and audit; emphasises the need for an electronic identity as first step to increase the trust of citizens in public institutions;


### 21. stresses that such a system shall be based on standardised measures to collect , compare and aggregate information and figures on the final recipients and beneficiaries of union funding , for the purposes of control and audit; ### 21. stresses that such a system shall be based on standardised measures to collect , compare and aggregate information and figures on the direct and final recipients and beneficiaries of union funding , for the purposes of control , audit and discharge;


### 28. requests that the system is designed in such a way that it automatically links to databases containing updated information about company ownership; ### 28. requests that the system is designed in such a way that it automatically links to databases containing updated information about company ownership as well as interoperability with internal systems of relevant national bodies and authorities , management and paying authorities , as well as national public procurement and tender databases;;


### 30. underlines that such a system should respect the union data protection rules; notes that there might be differences between the level of detail in information which is made available for the public in general and which is available for audit , control and discharge authorities; stresses that audit , control and discharge authorities should always have access to all available information; ### 30. underlines that such a system should respect the union data protection rules and standing jurisprudence of the cjeu; notes that there are differences between the level of detail in information which needs to be collected , aggregated and stored for audit , control and discharge purposes and which can be made available for the public in general; stresses that audit , control and discharge authorities must have full access to all available information while the publication of data may be restricted by applicable data protection requirements and “de minimis” thresholds;


### (3) to enhance the protection of the union budget , the commission should make available an integrated and interoperable information and monitoring system , including a single data-mining and risk-scoring tool , to access and analyse the aforementioned data with a view to a generalised application by member states. that system should ensure efficient checks on conflicts of interests , irregularities , issues of double funding , and any misuse of the funds. the commission , the european anti-fraud office (olaf) and other union investigative and control bodies should have the necessary access to that data in order to exercise their supervisory functions in relation to the controls and audits that are to be carried out by the member states in the first place to detect irregularities and conduct administrative investigations into the misuse of the union funding concerned , and to get a precise overview of its distribution. ### (3) to enhance the protection of the union budget , the commission should make available an integrated and interoperable information and monitoring system , including a single data-mining and risk-scoring tool , to access , store , aggregate and analyse the aforementioned data with a view to a generalised mandatory application by member states. that system should ensure efficient checks on conflicts of interests , irregularities , issues of double funding , and any misuse of the funds. the commission , the european anti-fraud office (olaf) and other union investigative and control bodies should have the necessary access to that data in order to exercise their supervisory functions in relation to the controls and audits that are to be carried out by the member states in the first place to detect irregularities and conduct administrative investigations into the misuse of the union funding concerned , and to get a precise overview of its distribution;


### ‘the following information shall be published , having due regard for the requirements of confidentiality and security , in particular the protection of personal data: ### ‘the following non-sensitive information shall be published , having due regard for the requirements of confidentiality and security , in particular the protection of personal data;


### 3. the commission , the european anti-fraud office (olaf) , the court of auditors and , in respect of those member states participating in enhanced cooperation pursuant to council regulation (eu) 2017/1939 , the european public prosecutor’s office (eppo) , as well as other union investigative and control bodies shall be granted access to the information contained in the system referred to in paragraph 1 where necessary for the exercise of their functions. ### 3. the commission , the european anti-fraud office (olaf) , the court of auditors and , in respect of those member states participating in enhanced cooperation pursuant to council regulation (eu) 2017/1939 , the european public prosecutor’s office (eppo) , as well as other union investigative and control bodies , including the discharge authority , shall be granted access to the information contained in the system referred to in paragraph 1 where necessary for the exercise of their functions.


### 8. notes that the authority , along with the european banking authority and the european insurance and occupational pensions authority , forms part of a joint committee which aims to ensure cross-sector consistency and joint positions in the area of supervision of financial conglomerates and on other cross-sector issues , and that it shares an accounting officer with the european union agency for railways and has taken part in many joint procurements with other agencies , always seeking efficiencies through cooperation; ### 8. notes that the authority , along with the european banking authority and the european insurance and occupational pensions authority , forms part of a joint committee which aims to ensure cross-sector consistency and joint positions in the area of supervision of financial conglomerates and on other cross-sector issues , and that it shares an accounting officer with the european union agency for railways and has taken part in many joint procurements with other agencies , always seeking efficiencies through cooperation; strongly encourages the authority to actively seek further and broader cooperation with all union agencies;


### 5. reiterates that surpluses and deficits from fees charged to credit rating agencies and trade repositories can lead to a cross-financing of activities , which should be brought to an end; calls on the commission to present a legislative proposal to this affect; ### 5. reiterates that surpluses and deficits from fees charged to credit rating agencies and trade repositories can lead to a cross-financing of activities;


### 7. notes from the court’s report that despite the cancellation of eur 18 000 000 by means of the first amending budget to offset the reactivation of previous years’ payment appropriations of eur 25 486 657 , the level of unused payment appropriations increased to eur 43 950 700 at the end of 2019; calls on the joint undertaking to report to the discharge authority on any development in that regard; ### 7. notes from the court’s report that despite the cancellation of eur 18 000 000 by means of the first amending budget to offset the reactivation of previous years’ payment appropriations of eur 25 486 657 , the level of unused payment appropriations increased to eur 43 950 700 at the end of 2019 showing an increase of 72%; calls on the joint undertaking to report to the discharge authority on any development in that regard;


### 9. notes from the court’s report that at the end of 2019 the joint undertaking implemented 76 % of the available payment appropriations for horizon 2020 projects , and that the pre-financing payments for projects selected under the 2018 call for proposals comprised 62 % of the value of the operational payments made during the year; notes that the execution progressed compared to the previous year despite delays with some periodic reports and the amounts of certain cost claims being below the anticipated level; observes that the need of multi-annual forecasting of the operational payment appropriations , each year , with the final annual call in 2020 , brings more challenges and a higher volume of transactions as more projects are running in parallel; ### 9. notes from the court’s report that at the end of 2019 the joint undertaking implemented 76 % of the available payment appropriations for horizon 2020 projects , and that the pre-financing payments for projects selected under the 2018 call for proposals comprised 62 % of the value of the operational payments made during the year; notes that the execution progressed compared to the previous year despite delays with some periodic reports and the amounts of certain cost claims being below the anticipated level; observes that the need of multi-annual forecasting of the operational payment appropriations , each year , with the final annual call in 2020 , brings more challenges and a higher volume of transactions as more projects are running in parallel; calls the joint undertaking to provide a strategy to increase the implementation rate of the payment appropriations;


### 7. welcomes the fact that during 2019 the vast majority of members' reimbursement requests were paid within one week of their date of submission; notes that improvements were proposed to the current framework for reimbursing members' travel and subsistence costs such as a general deadline of six weeks for submitting the reimbursement claims in order to reduce the reimbursement time , and also therefore to reduce the need for carry-overs on these budget lines; welcomes that the system has proved to be efficient;. ### 7. is deeply concerned about the olaf case concerning inconsistent travel declarations by a member of the committee which amounts to approximately eur 91 000; notes that the unduly paid amounts have been recovered; regrets that the former code of conduct did not provide for strong sentencing or for suspending fraudulent members; urges the committee to apply all means available under the revised code of conduct to take far-reaching measures against this kind of fraud; notes that improvements were proposed to the current framework for reimbursing members' travel and subsistence costs such as a general deadline of six weeks for submitting the reimbursement claims in order to reduce the reimbursement time , thereby also reducing the need for carry-overs on these budget lines; calls , however , for a diligent and cautious approach rather than a swift handling of travel declarations cases; notes that it is unknown how many fraud cases remain under the radar; underlines that time pressure should not undermine a decent and thorough assessment of reimbursement requests; calls for an increase of samples of travel declarations examined during the committee's internal audit procedure to achieve a higher discovery rate of travel declaration fraud;


### 12. regrets that the bureau of the committee in 2020 adopted a decision allowing for the reimbursement of expenses for remote participation in cases where a member was prevented from travelling to brussels as a result of covid-19 related issues. ### 12. regrets that in 2020 the bureau of the committee adopted a decision allowing for the reimbursement of expenses for remote participation in cases where a member was prevented from travelling to brussels as a result of covid-19 related issues; asks the committee to present a report on the financial impact of this decision including the reasons for the reimbursement;


### 15. welcomes the fact that during 2019 , the it security officer remained active in raising user cybersecurity awareness for staff , including a briefing for the it steering committee and sectoral briefings at the level of individual departments; notes that the committee together with the committee of regions (‘cor’) actively contributed to the ‘2019 european cybersecurity month’ campaign; ### 15. welcomes the fact that during 2019 , the it security officer remained active in raising user cybersecurity awareness for staff , including a briefing for the it steering committee and sectoral briefings at the level of individual departments; notes that in 2019 , two additional projects were launched concerning cybersecurity; encourages the committee to continue its close cooperation with other committees , especially the committee of regions , to further develop synergies;


### 22. is aware of the new service level agreement launched in 2019 between parliament and the committee which allows the committee to benefit from the services of parliament’s interpreters (for which payment will be made) every time the committee uses parliament’s premises for its meetings and occasionally also in the committee’s premises; acknowledges that the agreement contributes to the optimisation of the use of the interpreters of parliament; ### 22. is aware of the new service level agreement launched in 2019 between parliament and the committee which allows the committee to benefit from the services of parliament’s interpreters (for which payment will be made) every time the committee uses parliament’s premises for its meetings and occasionally also in the committee’s premises; acknowledges that the agreement contributes to the optimisation of the use of the interpreters of parliament; welcomes the existing cooperation agreements between parliament , the committee and the committee of the regions with a view to identifying other areas in which back-office functions could be shared; invites the committee to identify further potential synergies and savings;


### 32. notes that in 2019 an exercise to assess compliance with the internal control standards took place which showed improvements as compared to 2018; notes , however , that not all standards were fully implemented and that follow-up actions were defined such as a formal assessment of sensitive functions and the implementation of a multiannual internal communication strategy in order to further improve compliance with the control standards; ### 32. notes that in 2019 an exercise to assess compliance with the internal control standards took place which showed improvements as compared to 2018; notes , however , that not all standards were fully implemented and that follow-up actions were defined such as a formal assessment of sensitive functions and the implementation of a multiannual internal communication strategy in order to further improve compliance with the control standards; reminds the committee about the recommendation from the 2019 annual report of the court to implement a policy for dealing with sensitive functions; notes that the committee communicated that the new policy should be operational by 2021; requests the committee to provide parliament with a detailed description of this policy - including a definition of sensitive functions - and the state of play of its implementation;


### 39. is aware that the committee continues to implement its action plan 2017-2020 for equal opportunities and diversity; notes that gender balance among the committee's managerial staff already reached parity in 2018 and remains relatively stable; welcomes the ‘united in diversity’ conference on communication in a multicultural environment with the aim of fostering respectful relations at work while taking diversity into account; observes the slight improvement in the geographical balance compared to 2018 with 19 % of the committee’s managers currently being from member states who joined the union after 2004 (compared to 16 % in 2017 and 18 ,5 % in 2018); ### 39. is aware that the committee continues to implement its action plan 2017-2020 for equal opportunities and diversity; welcomes the ‘united in diversity’ conference on communication in a multicultural environment with the aim of fostering respectful relations at work; notes with concern the overrepresentation of certain nationalities in the committee’s staff; urges the committee to develop specific measures to address this imbalance; asks the committee to ensure geographical balance as addressed in rule 4 of the rules of procedure for members of the bureau;


### 46. asks the committee to inform the discharge authority on the procedures and processes the committee has rolled out or intends to roll out as to how cases of harassment or similar issues concerning staff will be avoided in the future in order to ensure that comparable regrettable developments which have caused negative publicity and damaged the reputation of the committee will not be repeated; ### 46. urges the committee to inform the discharge authority on the procedures and processes the committee has rolled out or intends to roll out as to how cases of harassment or similar issues concerning staff will be avoided in the future in order to ensure that comparable regrettable developments which have caused negative publicity and damaged the reputation of the committee will not be repeated;


### 49. acknowledges that the committee is well aware of the political impact of the refusal of the 2018 discharge and is striving to further strengthen its capacity to tackle harassment situations; notes that a detailed action plan will be endorsed at the latest by the end of 2020; agrees that the committee continues to raise staff and management awareness through better targeted internal communication; ### 49. acknowledges that the committee is well aware of the political impact of the refusal of the 2018 discharge and is striving to further strengthen its efforts to tackle harassment situations; notes that the directorate of human resources and finances and the internal auditor prepared a revision of the ethics and integrity framework; agrees that the committee continues to raise staff and management awareness through better targeted internal communication; asks the committee to provide the parliament with a complete overview of all actions undertaken;


### 50. underlines that on the basis of the observations made by parliament’s committee on budgetary control , the report by olaf and the reflections of the committee’s advisory committee on the conduct of members , the committee set up a joint internal working group on the ethical framework with a mandate to review all potential gaps in the current framework with a view to recommending improvements; notes that the advisory committee also has the opportunity to liaise with the joint internal working group in order to ensure coherence of the overall ethical framework within the committee and to explore possible synergies; ### 50. underlines that on the basis of the observations made by parliament’s committee on budgetary control , the report by olaf and the reflections of the committee’s advisory committee on the conduct of members , the committee set up a joint internal working group on the ethical framework with a mandate to review all potential gaps in the current framework with a view to recommending improvements; notes that the advisory committee also has the opportunity to liaise with the joint internal working group in order to ensure coherence of the overall ethical framework within the committee and to explore possible synergies; notes that the advisory committee on the conduct of members became the ethical committee and that a provision on the appointment of reserve members has been added , as well as the possibility for one of its member to recuse himself or herself , or to be removed if found guilty of breaching the code of conduct; welcomes the fact that the committee has now explicit investigative powers in order to carry out its mission , and may also seek advice from external experts;


### 51. calls on the committee to report on the implementation of the committee’s revised code of conduct and rules of procedure following the 2018 olaf investigation; notes that the bureau has decided on a partial and light revision of the rules of procedure and a more comprehensive revision of the code of conduct , with a particular view to strengthening sanctions; notes that the revision of the code of conduct should be ready by december 2020; ### 51. welcomes the fact that the committee’s revised code of conduct and rules of procedure following the 2018 olaf investigation was approved in the committee plenary by a vast majority in january 2021; notes that the bureau has decided on a partial and light revision of the rules of procedure and a more comprehensive revision of the code of conduct , with a particular view to strengthening sanctions; notes that the committee has also updated its ethics and integrity framework through the adoption of an action plan for a stronger ethical framework , which entered into force on 7 january 2021;


### 51. calls on the committee to report on the implementation of the committee’s revised code of conduct and rules of procedure following the 2018 olaf investigation; notes that the bureau has decided on a partial and light revision of the rules of procedure and a more comprehensive revision of the code of conduct , with a particular view to strengthening sanctions; notes that the revision of the code of conduct should be ready by december 2020; ### 51. calls on the committee to report on the implementation of the committee’s revised code of conduct and rules of procedure following the 2018 olaf investigation; notes that the bureau has decided on a partial and light revision of the rules of procedure and a more comprehensive revision of the code of conduct , with a particular view to strengthening sanctions; welcomes the revision of the code of conduct adopted by the committee plenary assembly , which now contains a sanctions regime that is in proportion to the severity of harassment and fraud; welcomes in particular the introduction of financial sanctions and the possibility to expel a member from the committee; urges the committee to apply the enforced sanctions when necessary;


### 52. notes that the proposal for revision of the code of conduct should include elements such as stronger sanctions , support mechanisms for victims , automatically informing the council and the commission of the names of committee members who have been found to be responsible for breaching the code of conduct and an annual review of the functioning of the code of conduct; notes that the decision on harassment and the decision on administrative investigations are currently being revised in order to further improve the mechanisms allowing staff to make formal harassment complaints; notes in relation to the informal procedure and the possibility for staff members to share their concerns on any perceived situation of harassment that the number of confidential counsellors has been increased and that the entire network of confidential counsellors receives continuous support through regular supervision and training; notes that the confidential counsellors are part of an inter-institutional network , which allows for the exchange of best practices; ### 52. welcomes that the revised code of conduct includes elements such as stronger sanctions and support mechanisms for victims; urges that parliament , the council and the commission should be automatically informed of the names of committee members who have been found to be responsible for breaching the code of conduct; calls for an annual review of the functioning of the code of conduct; notes that the decision on harassment and the decision on administrative investigations are currently being revised in order to further improve the mechanisms allowing staff to make formal harassment complaints; notes in relation to the informal procedure and the possibility for staff members to share their concerns on any perceived situation of harassment that the number of confidential counsellors has been increased and that the entire network of confidential counsellors receives continuous support through regular supervision and training; notes that the confidential counsellors are part of an inter-institutional network , which allows for the exchange of best practices;


### 52. notes that the proposal for revision of the code of conduct should include elements such as stronger sanctions , support mechanisms for victims , automatically informing the council and the commission of the names of committee members who have been found to be responsible for breaching the code of conduct and an annual review of the functioning of the code of conduct; notes that the decision on harassment and the decision on administrative investigations are currently being revised in order to further improve the mechanisms allowing staff to make formal harassment complaints; notes in relation to the informal procedure and the possibility for staff members to share their concerns on any perceived situation of harassment that the number of confidential counsellors has been increased and that the entire network of confidential counsellors receives continuous support through regular supervision and training; notes that the confidential counsellors are part of an inter-institutional network , which allows for the exchange of best practices; ### 52. welcomes that the revised code of conduct includes elements such as prevention and prohibition of harassment practices and improved provisions on the declaration of financial interests and on conflict of interest; encourages the committee to consider including other elements such as stronger sanctions , support mechanisms for victims , automatically informing the council and the commission of the names of committee members who have been found to be responsible for breaching the code of conduct and an annual review of the functioning of the code of conduct; notes in relation to the informal procedure and the possibility for staff members to share their concerns on any perceived situation of harassment that the number of confidential counsellors has been increased and that the entire network of confidential counsellors receives continuous support through regular supervision and training; notes that the confidential counsellors are part of an inter-institutional network , which allows for the exchange of best practices;


### 53. values the committee’s commitment to tacklinge harassment in the working environment and to fostering a culture of zero tolerance with regard to harassment by working on the revision of the ethics and integrity framework and the revision of the committee’s decisions on harassment , whistleblowing and administrative enquiries; welcomes that a related , detailed action plan is supposed to be endorsed by the end of 2020 and covers a number of measures such as the revision of the code of conduct for members , the possible creation of an independent internal ombudsman function , a brochure focusing on respect and dignity at work , the establishment of a dedicated compulsory learning path before entrusting staff management responsibilities , whether on committee’s managers or on members , and regular awareness-raising activities ,; appreciates that an internal audit on ethics and integrity will take the form of a mapping exercise followed by an analysis aimed at establishing a comprehensive overview of rules , standards and measures in relation to ethics and integrity; notes that the audit will also tackle issues such as gifts and entertainment , outside activities and assignments , conflicts of interest and post-union employment; ### 53. values the committee’s commitment to tackling harassment in the working environment and to fostering a culture of zero tolerance with regard to the revised ethics and integrity framework and the revision of the committee’s decisions on harassment , whistleblowing and administrative enquiries; welcomes that a related , detailed action plan is supposed to be endorsed by the end of 2020 and covers a number of measures such as the possible creation of an independent internal ombudsman function , a brochure focusing on respect and dignity at work , the establishment of a dedicated compulsory learning path before entrusting staff management responsibilities , whether on committee’s managers or on members , and regular awareness-raising activities ,; appreciates that an internal audit on ethics and integrity will take the form of a mapping exercise followed by an analysis aimed at establishing a comprehensive overview of rules , standards and measures in relation to ethics and integrity; notes that the audit will also tackle issues such as gifts and entertainment , outside activities and assignments , conflicts of interest and post-union employment;