### (11) reflecting the european green deal as europe’s sustainable growth strategy and the translation of the union's commitments to implement the paris agreement and the united nations’ sustainable development goals , the facility established by this regulation will contribute to mainstreaming climate actions and environmental sustainability and to the achievement of an overall target of 25 % of the eu budget expenditures supporting climate objectives. ### (11) reflecting the european green deal as europe’s sustainable growth strategy and the translation of the union's commitments to implement the paris agreement and the united nations’ sustainable development goals , the facility established by this regulation will contribute to mainstreaming climate actions and environmental sustainability and to the achievement of an overall target of at least 50% of the eu budget expenditures supporting climate objectives.


### (12) in order to implement these overall objectives , relevant actions will be identified during the facility’s preparation and implementation , and reassessed in the context of the relevant evaluations and review processes. also , due attention should be paid to the impact of the national plans submitted under this regulation on fostering not only the green transition , but also the digital transformation. they will both play a priority role in relaunching and modernising our economy. ### (12) in order to implement these overall objectives , relevant actions will be identified during the facility’s preparation and implementation , and reassessed in the context of the relevant evaluations and review processes. also , due attention should be paid to the impact of the national plans submitted under this regulation on fostering the transition to a socially just , digital , and carbon-neutral circular economy. they will both play a priority role in relaunching and modernising our economy.


### (14) the facility’s general objective should be the promotion of economic , social and territorial cohesion. for that purpose , it should contribute to improving the resilience and adjustment capacity of the member states , mitigating the social and economic impact of the crisis , and supporting the green and digital transitions aimed at achieving a climate neutral europe by 2050 , thereby restoring the growth potential of the economies of the union in the aftermath of the crisis , fostering employment creation and to promoting sustainable growth. ### (14) the facility’s general objective should be the promotion of economic , social and territorial cohesion while reducing greenhouse gas emissions and protecting the environment. for that purpose , it should contribute to improving the resilience and adjustment capacity of the member states , mitigating the social and economic impact of the crisis , and supporting the transition to a socially just , digital , and carbon-neutral circular economy by 2050 at the latest , thereby restoring the growth potential of the economies of the union in the aftermath of the crisis , fostering employment creation and to promoting sustainable growth.


### (15) the specific objective of the facility should be to provide financial support with a view to achieving the milestones and targets of reforms and investments as set out in recovery and resilience plans. that specific objective should be pursued in close cooperation with the member states concerned. ### (15) the specific objective of the facility should be to provide financial support , disbursed in tranches , with a view to achieving the milestones and targets of reforms and investments as set out in recovery and resilience plans. that specific objective should be pursued in close cooperation with the member states concerned.


### (16) to ensure its contribution to the objectives of the facility , the recovery and resilience plan should comprise measures for the implementation of reforms and public investment projects through a coherent recovery and resilience plan. the recovery and resilience plan should be consistent with the relevant country-specific challenges and priorities identified in the context of the european semester , with the national reform programmes , the national energy and climate plans , the just transition plans , and the partnership agreements and operational programmes adopted under the union funds. to boost actions that fall within the priorities of the european green deal and the digital agenda , the plan should also set out measures that are relevant for the green and digital transitions. the measures should enable a swift deliver of targets , objectives and contributions set out in national energy and climate plans and updates thereof. all supported activities should be pursued in full respect of the climate and environmental priorities of the union. ### (16) to ensure its contribution to the objectives of the facility , the recovery and resilience plan should comprise measures for the implementation of reforms and public investment projects through a coherent recovery and resilience plan. the recovery and resilience plan should be consistent with the relevant country-specific challenges and priorities identified in the context of the european semester , with the national reform programmes , the national energy and climate plans , the just transition plans , and the partnership agreements and operational programmes adopted under the union funds. to boost actions that fall within the priorities of the european green deal and the digital agenda , the plan should also set out measures that support the transition to a digital and carbon-neutral circular economy. the measures should enable a swift deliver of targets , objectives and contributions set out in national energy and climate plans and updates thereof. all supported activities should be pursued in full respect of the climate and environmental priorities of the union.


### (21) in order to ensure the national ownership and a focus on relevant reforms and investments , member states wishing to receive support should submit to the commission a recovery and resilience plan that is duly reasoned and substantiated. the recovery and resilience plan should set out the detailed set of measures for its implementation , including targets and milestones , and the expected impact of the recovery and resilience plan on growth potential , job creation and economic and social resilience; it should also include measures that are relevant for the green and the digital transitions; it should also include an explanation of the consistency of the proposed recovery and resilience plan with the relevant country-specific challenges and priorities identified in the context of the european semester. close cooperation between the commission and the member states should be sought and achieved throughout the process. ### (21) in order to ensure the national ownership and a focus on relevant reforms and investments , member states wishing to receive support should submit to the commission a recovery and resilience plan that is duly reasoned and substantiated. the recovery and resilience plan should set out the detailed set of measures for its implementation , including targets and milestones , and the expected impact of the recovery and resilience plan on growth potential , job creation and economic , environmental and social resilience and gender and economic equality; it should also prioritise measures that support the transition to a digital and carbon-neutral circular economy and include an assessment on whether the plan will lead to an increase in the member state’s greenhouse gas emissions , negatively impact the environment or increase negative externalities such as air pollution; it should also include an explanation of the consistency of the proposed recovery and resilience plan with the relevant country-specific challenges and priorities identified in the context of the european semester. close cooperation between the commission and the member states should be sought and achieved throughout the process.


### (22) the commission should assess the recovery and resilience plan proposed by the member states and should act in close cooperation with the member state concerned. the commission will fully respect the national ownership of the process and will therefore take into account the justification and elements provided by the member state concerned and assess whether the recovery and resilience plan proposed by the member state is expected to contribute to effectively address challenges identified in the relevant country-specific recommendation addressed to the member state concerned or in other relevant documents officially adopted by the commission in the european semester; whether the plan contains measures that effectively contribute to the green and the digital transitions and to addressing the challenges resulting from them; whether the plan is expected to have a lasting impact in the member state concerned; whether the plan is expected to effectively contribute to strengthen the growth potential , job creation and economic and social resilience of the member state , mitigate the economic and social impact of the crisis and contribute to enhancing economic , social and territorial cohesion; whether the justification provided by the member state of the estimated total costs of the recovery and resilience plan submitted is reasonable and plausible and is commensurate to the expected impact on the economy and employment; whether the proposed recovery and resilience plan contains measures for the implementation of reforms and public investment projects that represent coherent actions; and whether the arrangement proposed by the member state concerned are expected to ensure effective implementation of the recovery and resilience plan , including the proposed milestones and targets , and the related indicators. ### (22) the commission should assess the recovery and resilience plan proposed by the member states and should act in close cooperation with the member state concerned. the commission will fully respect the national ownership of the process and will therefore take into account the justification and elements provided by the member state concerned and assess whether the recovery and resilience plan proposed by the member state is expected to contribute to effectively address challenges identified in the relevant country-specific recommendation addressed to the member state concerned or in other relevant documents officially adopted by the commission in the european semester; whether the plan contains measures that effectively contribute to the transition to a digital and carbon-neutral circular economy and to addressing the challenges resulting from this; whether the plan is expected to have a lasting impact in the member state concerned; whether the plan is expected to effectively contribute to strengthen the growth potential , job creation and economic , environmental and social resilience of the member state , mitigate the economic and social impact of the crisis and contribute to enhancing economic , social and territorial cohesion and gender and economic equality; if there is an assessment on whether the plan will lead to an increase in the member state’s greenhouse gas emissions , negatively impact the environment or increase negative externalities such as air pollution; whether the justification provided by the member state of the estimated total costs of the recovery and resilience plan submitted is reasonable and plausible and is commensurate to the expected impact on the economy and employment; whether the proposed recovery and resilience plan contains measures for the implementation of reforms and public investment projects that represent coherent actions; and whether the arrangement proposed by the member state concerned are expected to ensure effective implementation of the recovery and resilience plan , including the proposed milestones and targets , and the related indicators.


### (29) the request for a loan should be justified by the financial needs linked to additional reforms and investments included in the recovery and resilience plan , notably relevant for the green and digital transitions , and by therefore , by a higher cost of the plan than the maximum financial contribution (to be) allocated via the non-repayable contribution. it should be possible to submit the request for a loan together with the submission of the plan. in case the request for loan is made at a different moment in time , it should be accompanied by a revised plan with additional milestones and targets. to ensure frontloading of resources , member states should request a loan support at the latest by 31 august 2024. for the purposes of sound financial management , the total amount of all the loans granted under this regulation should be capped. in addition , the maximum volume of the loan for each member state should not exceed 4.7% of its gross national income. an increase of the capped amount should be possible in exceptional circumstances subject to available resources. for the same reasons of sound financial management , it should be possible to pay the loan in instalments against the fulfilment of results. ### (29) the request for a loan should be justified by the financial needs linked to additional reforms and investments included in the recovery and resilience plan , notably relevant for the transition to a digital and carbon-neutral circular economy , and by therefore , by a higher cost of the plan than the maximum financial contribution (to be) allocated via the non-repayable contribution. it should be possible to submit the request for a loan together with the submission of the plan. in case the request for loan is made at a different moment in time , it should be accompanied by a revised plan with additional milestones and targets. to ensure frontloading of resources , member states should request a loan support at the latest by 31 august 2024. for the purposes of sound financial management , the total amount of all the loans granted under this regulation should be capped. in addition , the maximum volume of the loan for each member state should not exceed 4.7% of its gross national income. an increase of the capped amount should be possible in exceptional circumstances subject to available resources. for the same reasons of sound financial management , it should be possible to pay the loan in instalments against the fulfilment of results.


### (32) for the purpose of sound financial management , specific rules should be laid down for budget commitments , payments , suspension , cancellation and recovery of funds. to ensure predictability , it should be possible for member states to submit requests for payments on a biannual basis. payments should be made in instalments and be based on a positive assessment by the commission of the implementation of the recovery and resilience plan by the member state. suspension and cancellation of the financial contribution should be possible when the recovery and resilience plan has not been implemented in a satisfactory manner by the member state. appropriate contradictory procedures should be established to ensure that the decision by the commission in relation to suspension , cancellation and recovery of amounts paid respects the right of member states to provide observations. ### (32) for the purpose of sound financial management , specific rules should be laid down for budget commitments , payments , suspension , cancellation and recovery of funds. a mandatory due diligence exercise shall be performed by the national authority on all applicants to the facility , to mitigate the risks of potential abuse of funds and conflict of interests; to ensure predictability , it should be possible for member states to submit requests for payments on a biannual basis. payments should be made in instalments and be based on a positive assessment by the commission of the implementation of the recovery and resilience plan by the member state. suspension and cancellation of the financial contribution should be possible when the recovery and resilience plan has not been implemented in a satisfactory manner by the member state. appropriate contradictory procedures should be established to ensure that the decision by the commission in relation to suspension , cancellation and recovery of amounts paid respects the right of member states to provide observations.


### (35) in order to ensure an efficient and coherent allocation of funds from the union budget and to respect the principle of sound financial management , actions under this regulation should be consistent with and be complementary to ongoing union programmes , whilst avoiding double funding for the same expenditure. in particular , the commission and the member state should ensure , in all stages of the process , effective coordination in order to safeguard the consistency , coherence , complementarity and synergy among sources of funding. to that effect , member states should be required to present the relevant , information on existing or planned union financing when submitting their plans to the commission. financial support under facility should be additional to the support provided under other union funds and programmes , and reform and investment projects financed under the facility should be able to receive funding from other union programmes and instruments provided that such support does not cover the same cost. ### (35) in order to ensure an efficient and coherent allocation of funds from the union budget and to respect the principle of sound financial management , actions under this regulation should be consistent with and be complementary to ongoing union programmes , whilst avoiding double funding for the same expenditure. in particular , the commission and the member state should ensure , in all stages of the process , effective coordination in order to safeguard the consistency , coherence , complementarity and synergy among sources of funding. to that effect , member states should be required to present the relevant , information on existing or planned union financing when submitting their plans to the commission. financial support under facility should be additional to the support provided under other union funds and programmes , and reform and investment projects financed under the facility should be able to receive funding from other union programmes and instruments provided that such support does not cover the same cost. assessment criteria that judge projects according to how they add value at the eu level should be published to avoid a patchwork of national approaches that may be contradictory or short-sighted; in the field of sustainable transport for example projects that promote cross-border connections would have a positive long-term impact on the eu's economy and society.


### the scope of application of the recovery and resilience facility established by this regulation shall refer to policy areas related to economic , social and territorial cohesion , the green and digital transitions , health , competitiveness , resilience , productivity , education and skills , research and innovation , smart , sustainable and inclusive growth , jobs and investment , and the stability of the financial systems. ### the scope of application of the recovery and resilience facility established by this regulation shall refer to policy areas related to economic , social and territorial cohesion , transition to a digital and carbon-neutral circular economy , sustainable mobility , cross-border connectivity , sustainable tourism , health , competitiveness , resilience , productivity , education and skills , research and innovation , smart , sustainable and inclusive growth , jobs and investment , protection of the environment and reduction of greenhouse gas emissions , and the stability of the financial systems.


### 1. the general objective of the recovery and resilience facility shall be to promote the union’s economic , social and territorial cohesion by improving the resilience and adjustment capacity of the member states , mitigating the social and economic impact of the crisis , and supporting the green and digital transitions , thereby contributing to restoring the growth potential of the economies of the union , fostering employment creation in the aftermath of the covid-19 crisis , and promoting sustainable growth. ### 1. the general objective of the recovery and resilience facility shall be to promote the union’s economic , social and territorial cohesion by improving the resilience and adjustment capacity of the member states , mitigating the social and economic impact of the crisis including alleviation of economic inequality , and supporting the transition to a digital and carbon-neutral circular economy , thereby contributing to restoring the growth potential of the economies of the union , fostering employment creation in the aftermath of the covid-19 crisis , and promoting sustainable growth.


### 1. the general objective of the recovery and resilience facility shall be to promote the union’s economic , social and territorial cohesion by improving the resilience and adjustment capacity of the member states , mitigating the social and economic impact of the crisis , and supporting the green and digital transitions , thereby contributing to restoring the growth potential of the economies of the union , fostering employment creation in the aftermath of the covid-19 crisis , and promoting sustainable growth. ### 1. the general objective of the recovery and resilience facility shall be to promote the union’s economic , social and territorial cohesion by focusing on european priority policy areas and thereby aiming at improving the resilience , adjustment capacity and crisis preparedness of the member states , mitigating the social , gender-related and economic impact of the crisis , and supporting the green transformation towards the union’s climate and environment objectives , including the union’s and national climate target for2030 , and the open digital transition , thereby contributing to restoring the sustainable growth potential of the economies of the union , fostering employment creation in the aftermath of the covid-19 crisis , ensuring the transformation towards a care economy , protecting the levels of public investments and promoting sustainable , gender balanced growth.


### 2. to achieve that general objective , the specific objective of the recovery and resilience facility shall be to provide member states with financial support with a view to achieving the milestones and targets of reforms and investments as set out in their recovery and resilience plans. that specific objective shall be pursued in close cooperation with the member states concerned. ### 2. to achieve that general objective , the specific objective of the recovery and resilience facility shall be to provide member states with financial support with a view to achieving the milestones and targets of reforms and investments as set out in their recovery and resilience plans which shall be fully in line with the objectives of the european green deal and related legislation. that specific objective shall be pursued in close cooperation with the member states concerned.


### an explanation of how the measures in the plan are expected to contribute to the green and the digital transitions or to the challenges resulting from them; ### an explanation of how the measures in the plan are expected to contribute to the transition to a digital and carbon-neutral circular economy or to address the challenges resulting from them , in particular whether the plan will lead to an increase in the member state’s greenhouse gas emissions , negatively impact the environment or increase negative externalities;


### 1. when assessing the recovery and resilience plan , the commission shall act in close cooperation with the member state concerned. the commission may make observations or seek additional information. the member state concerned shall provide the requested additional information and may revise the plan if needed , prior to its official submission. ### 1. when assessing the recovery and resilience plan , the commission shall act in close cooperation with the member state concerned. the commission may make observations or seek additional information. the member state concerned shall provide the requested additional information and shall revise the plan if needed , prior to its official submission.


### 1. when assessing the recovery and resilience plan , the commission shall act in close cooperation with the member state concerned. the commission may make observations or seek additional information. the member state concerned shall provide the requested additional information and may revise the plan if needed , prior to its official submission. ### 1. when assessing the recovery and resilience plan and where relevant its updates , the commission shall act in close cooperation with the member state concerned. the commission may make observations on the draft plans or seek additional information. the member state concerned shall provide the requested additional information and may revise the draft plan if needed , prior to its official submission.


### 2. when assessing the recovery and resilience plan and in the determination of the amount to be allocated to the member state concerned , the commission shall take into account the analytical information on the member state concerned available in the context of the european semester as well as the justification and the elements provided by the member state concerned , as referred to in article 15(3) , and any other relevant information including , in particular , the one contained in the national reform programme and the national energy and climate plan of the member state concerned and , if relevant , information from technical support received via the technical support instrument. ### 2. when assessing the recovery and resilience plan and in the determination of the amount to be allocated to the member state concerned , the commission shall take into account the analytical information on the member state concerned available in the context of the european semester as well as the justification and the elements provided by the member state concerned , the eu gender equality strategy 2020-2025 , and the territorial just transition plans under the just transition fund and , if relevant , information from technical support received via the technical support instrument , as well as information contained in the annual rule of law report the eu justice scoreboard , the social scoreboard or any commission recommendations. the commission shall also require a gender impact assessment of the plan carried out by an independent expert or proceed to such an assessment itself.


### 2. when assessing the recovery and resilience plan and in the determination of the amount to be allocated to the member state concerned , the commission shall take into account the analytical information on the member state concerned available in the context of the european semester as well as the justification and the elements provided by the member state concerned , as referred to in article 15(3) , and any other relevant information including , in particular , the one contained in the national reform programme and the national energy and climate plan of the member state concerned and , if relevant , information from technical support received via the technical support instrument. ### 2. when assessing the recovery and resilience plan and in the determination of the amount to be allocated to the member state concerned , the commission shall take into account the analytical information on the member state concerned available in the context of the european semester as well as the justification and the elements provided by the member state concerned , as referred to in article 15(3) , and any other relevant information including , in particular , the one contained in the national reform programme and the national energy and climate plan of the member state concerned and , if relevant , information from technical support received via the technical support instrument. the commission shall also require a gender impact assessment of the plan carried out by an independent expert or proceed to such an assessment itself.


### whether the plan contains measures that effectively contribute to the green and the digital transitions or to addressing the challenges resulting from them; ### whether the plan contains measures that effectively contribute to the transition to a digital and carbon-neutral circular economy or to addressing the challenges resulting from them , and in particular whether the plan will lead to an increase in the member state’s greenhouse gas emissions , negatively impact the environment or increase negative externalities;


### 5. for the purpose of the assessment of the recovery and resilience plans submitted by member states , the commission may be assisted by experts. ### 5. for the purpose of the assessment of the recovery and resilience plans submitted by member states , the commission may be assisted by experts , the list of whom shall be published in full on the commission’s website.


### 3. where the commission considers that the reasons put forward by the member state concerned do not justify an amendment of the relevant recovery and resilience plan , it shall reject the request within four months of its official submission , after having given the member state concerned the possibility to present its observations within a period of one month of the communication of the commission's conclusions. ### 3. 3. where the commission considers that the reasons put forward by the member state concerned do not justify an amendment of the relevant recovery and resilience plan , it shall reject the request within four months of its official submission , after having given the member state concerned the possibility to present its observations within a period of one month of the communication of the commission's conclusions. if the implementation has been hampered for one of the following reasons , amendments shall be rejected until fully investigated in cases of: (1) mismanagement; (2) irregularities; (3) fraud.


### 1. the commission shall transmit the recovery and resilience plans as approved in the implementing act of the commission in accordance with article 17 to the european parliament and the council without undue delay. the member state concerned may request the commission to redact sensitive or confidential information , the disclosure of which would jeopardise public interests of the member state. ### 1. the commission shall transmit the recovery and resilience plans as approved in the implementing act of the commission in accordance with article 17 to the european parliament and the council at the latest one month after receipt.


### in accordance with article 16(3) , the commission shall assess the importance and coherence of the recovery and resilience plans , and its contribution to the green and digital transitions , and for that purpose , it shall take into account the following criteria: ### in accordance with article 16(3) , the commission shall assess the importance and coherence of the recovery and resilience plans , and its contribution to the transition to a digital and carbon-neutral circular economy , and for that purpose , it shall take into account the following criteria:


### — the recovery and resilience plan represents a comprehensive and adequate response to the economic and social situation of the member state concerned; ### — the recovery and resilience plan represents a comprehensive and adequate response to the economic , environmental and social situation of the member state concerned;


### a – the recovery and resilience plan contributes to effectively address challenges identified in the csrs , or in other relevant documents officially adopted by the commission in the european semester , and the plan represents an adequate response to the economic and social situation of the member state concerned. ### a – the recovery and resilience plan contributes to effectively address challenges identified in the csrs , or in other relevant documents officially adopted by the commission in the european semester , and the plan represents an adequate response to the economic , environmental and social situation of the member state concerned.


### b – the recovery and resilience plan contributes to partially address challenges identified in the csrs , or in other relevant documents officially adopted by the commission in the european semester and the plan represents a partially adequate response to the economic and social situation of the member state concerned. ### b – the recovery and resilience plan contributes to partially address challenges identified in the csrs , or in other relevant documents officially adopted by the commission in the european semester and the plan represents a partially adequate response to the economic , environmental and social situation of the member state concerned.


### c – the recovery and resilience plan does not contribute to address any challenges identified in the csrs , or in other relevant documents officially adopted by the commission in the european semester and the plan does not represent an adequate response to the economic and social situation of the member state concerned. ### c – the recovery and resilience plan does not contribute to address any challenges identified in the csrs , or in other relevant documents officially adopted by the commission in the european semester and the plan does not represent an adequate response to the economic , environmental and social situation of the member state concerned.


### — the implementation of the envisaged measures is expected to significantly contribute to establish climate- and environmental-friendly systems and to the greening of economic or social sectors with a view to contribute to the overall objective of a climate-neutral europe by 2050; ### — the implementation of the envisaged measures is expected to significantly contribute to establish climate- and environmental-friendly systems and to decarbonisation of the economy in line with 2030 and 2050 greenhouse gas emission reduction targets;


### — the implementation of the envisaged measures is expected to significantly contribute to address the challenges resulting from the green and/or digital transitions ### — the implementation of the envisaged measures is expected to significantly contribute to address the challenges resulting from the transition to a carbon-neutral circular economy and/or digital economy


### — the implementation of the envisaged measures is expected to significantly contribute to address the challenges resulting from the green and/or digital transitions ### — the implementation of the envisaged measures is expected to significantly contribute to address the challenges resulting from the green transition


### 2.4 the recovery and resilience plan is expected to effectively contribute to strengthen the growth potential , job creation , and economic and social resilience of the member state , mitigate the economic and social impact of the crisis , and contribute to enhance economic , social and territorial cohesion; ### 2.4 the recovery and resilience plan is expected to effectively contribute to strengthen the sustainable growth potential , job creation , and economic , environmental and social resilience of the member state , mitigate the economic and social impact of the crisis , and contribute to enhance economic , social and territorial cohesion;


### — the implementation of the envisaged measures is expected to significantly contribute to the digital transformation of economic or social sectors; ### deleted


### — the recovery and resilience plan contains measures that aim at addressing weaknesses of the economy of the member states and at boosting the growth potential of the economy of the member state concerned , stimulating job creation and mitigating the adverse effects of the crisis , while avoiding adverse impacts of those measures on climate and environment. ### — the recovery and resilience plan contains measures that aim at addressing weaknesses of the economy of the member states and at boosting the sustainable growth potential of the economy of the member state concerned , stimulating job creation and mitigating the adverse effects of the crisis , while avoiding adverse impacts of those measures on climate and environment.


### (34) for the purposes of transparency , the recovery and resilience plans adopted by the commission should be communicated to the european parliament and the council and communication activities should be carried out by the commission as appropriate. ### (34) for the purposes of transparency , the recovery and resilience plans adopted by the commission should be communicated without undue delay to the european parliament and the council and communication activities should be carried out by the commission as appropriate.


### 3. where a member states is exempted from the monitoring and assessment of the european semester on the basis of article 12 of regulation (eu) 472/2013 , or is subject to surveillance under council regulation (ec) no 332/2002 , the provisions set out in this regulation shall be applied to the member state concerned in relation to the challenges and priorities identified by the measures set out under the regulations thereof. ### 3. where a member state is exempted from the monitoring and assessment of the european semester on the basis of article12 of regulation(eu) 472/2013 , or is subject to surveillance under council regulation (ec) no332/2002 , the provisions set out in this regulation shall be applied to the member state concerned in relation to the challenges and priorities identified by the measures set out under the regulations thereof. the recovery and resilience plans shall also include effective measures of diverse and indiscriminate support for non-profit civil society organizations , non-profits , independent media and municipalities , regions or other subnational authorities.


### 1. acknowledges that the proposed 2021 draft budget is based on the new commission 2021-2027 multiannual financial framework (mff) proposals of 27 may 2020 and regrets that the council proposal of 21 july 2020 is below that revised commission proposal (eur-25 700 million); ### 1. acknowledges that the proposed 2021 draft budget is based on the new commission 2021-2027 multiannual financial framework (mff) proposals of 27 may 2020 and regrets that the council proposal of 21 july 2020 is below that revised commission proposal(eur-25 700 million); highlights that the current exceptional circumstances cannot be tackled with a budget designed for “business as usual” and emphasises that a more ambitious response is needed , in line with the european parliament’s position;


### 1. recognises the need for the eu budget to continue to support recovery , convergence , fair and inclusive sustainable growth and competitiveness of the european economy and other eu priorities such as social , economic and territorial cohesion and regional development , climate action , digitalisation and innovation , security and the management of migration , while acknowledging that the covid-19 pandemic has provided a new and unexpected challenge that the eu and its member states need to respond determinedly and provide solutions at the eu level; ### 1. recognises the need for the eu budget to continue to support recovery , convergence , fair and inclusive sustainable growth and competitiveness of the european economy and other eu priorities such as social , economic and territorial cohesion and regional development , climate action , digitalisation and innovation , while acknowledging that the covid-19 pandemic has provided a new and unexpected challenge that the eu and its member states need to respond determinedly and provide solutions at the eu level;


### 1. notes that there is no specific mention of the conference on the future of europe in the relevant communication budget lines of the commission’s proposals. ### 1. notes that there is no specific mention of the conference on the future of europe in the relevant communication budget lines of the commission’s proposals. proposes a dedicated budget for the conference on the future of europe that is in line with the objectives set out in the european parliament’s positions on the conference on the future of europe 2019/2990(rsp) and 2020/2657(rsp).


### 1. calls for the 2021 union budget to make an ambitious contribution to the recovery of the union economy in view of the covid-19 outbreak; welcomes the proposal for a new recovery instrument , next generation eu; ### 1. calls for the 2021 union budget to make an ambitious contribution to the recovery of the union economy in view of the covid-19 outbreak; welcomes the proposal for a new recovery instrument , next generation eu and calls for its swift adoption;


### 2. reminds that cohesion is a shared competence between the eu and member states and that as a main public investment policy it will play a major role in the recovery from the covid-19 pandemic; emphasises that cohesion policy is based on a solidarity and its goal is to reduce economic , social and territorial disparities between member states and within the eu and regions; emphasizes in that context that programmes managed under european structural and investments (esi) funds support and contribute significantly to sustainable solutions for fair and inclusive economic growth , investments and competitiveness , as well as high quality , safe and secure working and living conditions of the citizens , including equal opportunities , social justice and non-discrimination; ### 2. reminds that cohesion is a shared competence between the eu and member states and that as a main public investment policy it will play a major role in the recovery from the covid-19 pandemic; emphasises that cohesion policy is based on a solidarity and its goal is to reduce economic , social and territorial disparities between member states and within the eu and regions; emphasizes in that context that programmes managed under european structural and investments (esi) funds support an innovative and smart economic transformation and ecological transition , to a green , energy and resource efficient and zero-carbon union; to contribute significantly to sustainable solutions for fair and inclusive economic growth , as well as high quality , decent working and living conditions of the citizens , including equal opportunities , social justice and non-discrimination; as well as a union which is more connected aiming to secure long-term , high quality and sustainable employment with respect to gender equality and non-discrimination , and based on the partnership principle;


### 2. stresses that the eu budget for 2021 should include enough commitment and payment appropriations to meet the financing needs of the common fisheries policy; asserts that , for fisheries and aquaculture to continue to be viable , increased funding for these industries is needed; believes that the budget for this sector must be fully consistent with the eu’s new goals , particularly those set out in the green deal , the new industrial strategy , the ‘farm to fork’ strategy and the eu biodiversity strategy for 2030; takes the view that maintaining the competitive position of the fisheries sector must be go hand in hand with achieving these goals; ### 2. stresses that the eu budget for 2021 should include enough commitment and payment appropriations to meet the financing needs of the common fisheries policy; asserts that , for fisheries and aquaculture to continue to be viable in the long term , increased funding for the protection and restoration of marine ecosystems is needed; believes that the budget and policies for this sector must be fully consistent with the eu’s new goals , particularly those set out in the green deal , the new industrial strategy , the ‘farm to fork’ strategy and the eu biodiversity strategy for 2030; takes the view that maintaining the competitive position of the fisheries sector must be go hand in hand with achieving these goals;


### 2. calls for the 2021 union budget to support the implementation of the recovery and resilience facility which aims to address the challenges identified in the european semester , in which the sustainable development goals shall be integrated; ### 2. calls for the 2021 union budget to support the implementation of the recovery and resilience facility which aims to address the challenges identified in the european semester , in which the sustainable development goals shall be integrated; highlights the importance for the recovery and resilience facility to support member states meeting the commitments from the paris agreement and towards a carbon-neutral economy by 2050 at the latest;


### 3. recalls that the covid-19 outbreak has claimed thousands of lives in europe and has led to an unprecedented crisis with disastrous consequences for people , families , workers and businesses , and therefore requires an unprecedented response; highlights that 2021 will be a critical year for the budget , as the first year of the 2021-2027 mff and the first “post-covid-19 recovery” year; highlights in particular that the budget should help improving the situation in the social and employment area , in time of unprecedented crisis following the covid-19 pandemic; ### 3. recalls that the covid-19 outbreak has claimed thousands of lives in europe and has led to an unprecedented crisis with disastrous consequences for people , families , workers and businesses , and therefore requires an unprecedented response; highlights that 2021 will be a critical year for the budget , as the first year of the 2021-2027 mff and the first “post-covid-19 recovery” year; highlights in particular that only a social and sustainable budget that leaves no one behind- including atypical households such as lgbtiq+ families , or single parent families , elderly , migrants and refugees , roma people , youth , and other disadvantaged groups , and the cultural and creative sectors- will help have an impact in the recovery following the covid-19 pandemic;


### 3. underlines the importance of supporting companies with solvency issues as a result of covid-19; highlights the proposal for a solvency support instrument and calls for fast-acting support; ### 3. underlines the importance of supporting companies with solvency issues as a result of covid-19; highlights the proposal for a solvency support instrument and calls for fast-acting support in line with the green deal and the eu commitment to a carbon-neutral economy by 2050 at the latest;


### 3. urges the council to allow the union to meet its commitments in providing sufficient funding for a safe , high-quality food supply , climate action , environmental protection and for the just transition mechanism and the just transition fund , which the agriculture sector needs to benefit significantly from in order to reach the targets of the european green deal; notes that increased sustainability requirements demand adequate funding; draws attention to the fact that the covid-19 crisis highlighted the importance of union food production and supply; recalls that food security and food chain sustainability require investments and support to farmers and small and medium-sized enterprises (smes) in rural areas; ### 3. urges the council to allow the union to meet its commitments in providing sufficient funding for a safe , high-quality food supply , climate action , environmental protection , which the agriculture sector needs to benefit significantly from in order to reach the targets of the european green deal; notes that increased sustainability requirements demand adequate funding; draws attention to the fact that the covid-19 crisis has had a severe impact on numerous union holdings and has highlighted the importance of union food production and supply; recalls that food sovereignty and food chain sustainability require investments and support to farmers and small and medium-sized enterprises (smes) in rural areas , especially in deprived rural areas; highlights therefore that both the covid-19 outbreak and the climate and biodiversity crises demonstrate the need for a strong eafrd;


### 4. proposes an increase for the line ‘commission representations’ as such representations play an important role in informing citizens about the eu activities , fostering public debate on eu matters and countering disinformation and they will need additional resources to finance activities in the framework of the conference on the future of europe. ### 4. proposes a targeted increase for the line ‘commission representations’ for the purpose of increasing public debate on eu matters , countering disinformation , proactively engaging with citizens and providing additional resources to finance activities in the framework of the conference on the future of europe.


### 4. welcomes the state aid temporary framework in the context of covid-19; calls for reinforced resources to ensure full and fast application of union competition policy; ### 4. welcomes the state aid temporary framework in the context of covid-19 and supports its application for as long as necessary during the recovery period; is concerned however with the risk of market distortions and an unlevel playing field due to increased divergences between the levels of state aid support granted by member states; calls on the commission to set common minimum standards in order to specify the requirement for companies receiving financial assistance to be in line with esg criteria and taxation transparency in order to avoid different national criteria giving rise to further discrepancies and to demonstrate how the public support received is used to align their operation with eu’s climate and environmental objectives and the paris agreement; recalls that aid should only be granted to cover the losses incurred due to covid-19; urges that companies registered in tax havens should be banned from accessing state aid or financial support packages if they do not commit to change their behaviour; calls for reinforced resources to ensure full and fast application of union competition policy;


### 4. calls for increased funding levels for all geographic and thematic programmes under the ndici , in line with its first-reading position on the latter; reiterates its position that the thematic programmes within the ndici , including on human rights and democracy and on eu elections observation missions , should be reinforced in order to allow the union to maintain its strong role in these priority areas; ### 4. calls for increased funding levels for all geographic and thematic programmes under the ndici , in line with its first-reading position on the latter; reiterates its position that the thematic programmes within the ndici , including on human rights and democracy cooperation in the field of the environment , and on eu elections observation missions , should be reinforced in order to allow the union to maintain its strong role in these priority areas


### 4. asks the commission to commit , when revising the draft budget via the amending letter , to adjusting its figures in order to address the market crisis in certain key sectors negatively impacted by the covid-19 crisis; ### 4. asks the commission to commit , when revising the draft budget via the amending letter , to adjusting its figures in order to address the market crisis in certain key sectors negatively impacted by the covid-19 crisis , as well as sectors impacted by tariff measures imposed by third parties , whilst taking into account the need to condition support for certain polluting sectors on their efforts towards the transition to a resilient and sustainable model;


### 5. welcomes the enhanced flexibility in cohesion policy – increased co-financing , anti-crisis use of eu funds - introduced in march and april 2020 and believes that it - should be maintained also in mff 2021-2027; ### 5. stresses the importance of a temporary character of the flexibility and simplification measures imposed by the crii and crii+ regulations and the need to revert to normal rules and strategic approach geared towards the sustainable investments when the crisis is over thus safeguarding the high-standards and criteria in cohesion policy , especially in the field of climate proofing , thematic concentration and fight against irregularities and fraud;


### 5. recalls the importance of horizon europe programme in supporting research , development and innovation in the agri-food sector and bioeconomy , which is essential in the transition to a zero-carbon economy by replacing fossil-based products. ### 5. recalls the importance of horizon europe programme in supporting research , development and innovation in the agri-food sector , which is essential in the transition to a zero-carbon economy by replacing fossil-based products;


### 6. recalls its position that the 2021-2027 mff climate and biodiversity mainstreaming targets must go beyond the levels of targeted spending shares as set out in its interim report; aims , therefore , to achieve a biodiversity spending level of 10 % and a climate mainstreaming spending level of 30 % for 2021; ### 6. recalls its position that the 2021-2027 mff climate and biodiversity mainstreaming targets must go beyond the levels of targeted spending shares as set out in its interim report; aims , therefore , to achieve a biodiversity spending level of at least 10 % and a climate mainstreaming spending level of at least 30 % for 2021;


### 6. welcomes the measures already approved by the european parliament such as the extension of the eu solidarity fund to cover public health emergencies that will make available almost eur 800 million in 2020 and the corona response investment initiative (crii and crii+) that aim at providing €8 billion of liquidity to accelerate up to eur 37 billion of european public investment in order to support citizens , regions and countries hit hard by the coronavirus pandemic; ### 6. welcomes the measures already approved by the european parliament such as the extension of the eu solidarity fund to cover public health emergencies that will make available almost eur 800 million in 2020 and the corona response investment initiative (crii and crii+) that aim at providing €8 billion of liquidity to accelerate up to eur 37 billion of european public investment in order to support citizens , regions and countries hit hard by the coronavirus pandemic;


### 6. calls for sufficient resources to fight against financial crime and money laundering and for adherence to the economic governance framework; ### 6. calls for sufficient resources to fight against financial crime and money laundering as well as tax evasion and tax avoidance , to minimize the loss of revenues essential for the post-covid-19 recovery; welcomes in particular the commission’s action plan for a comprehensive eu policy on preventing money laundering and terrorist financing and calls for corresponding legislative proposals to be presented as soon as possible;


### 7. decides to increase to the levels set up in the mff interim report of november 2018 the fifteen flagship programmes identified in its resolution of 23 july 2020 (horizon europe , investeu , erasmus+ , the child guarantee , the just transition fund , digital europe , the connecting europe facility , life+ , eu4health , the integrated border management fund , creative europe , the right and values programme , the european defence fund , the neighbourhood , development and international cooperation instrument (ndici) and humanitarian aid , as well as relevant eu agencies and the european public prosecutor’s office); decides further to base its reading on the mff ceilings proposed by the commission in the db; considers that any increase for the flagship programmes should be accompanied by the corresponding rise of the ceiling of the given mff heading; decides to reinforce funding for parliament’s priorities inter allia in the fields of security , migration , fundamental rights and external action; ### 7. decides to increase to the levels set up in the mff interim report of november 2018 the fifteen flagship programmes identified in its resolution of 23 july 2020 (horizon europe , investeu , erasmus+ , the child guarantee , the just transition fund , digital europe , the connecting europe facility , life+ , eu4health , the integrated border management fund , creative europe , the right and values programme , the european defence fund , the neighbourhood , development and international cooperation instrument (ndici) and humanitarian aid , as well as relevant eu agencies and the european public prosecutor’s office); decides further to base its reading on the mff ceilings proposed by the commission in the db; considers that any increase for the flagship programmes should be accompanied by the corresponding rise of the ceiling of the given mff heading; decides to reinforce funding for parliament’s priorities inter allia in the fields of climate change , security , migration , fundamental rights and external action;


### 7. emphasises that funding to accounting entities and tax authorities should continue , including to support the union action to fight tax evasion and tax avoidance; welcomes the creation of the eu tax and financial crimes observatory; ### 7. emphasises the need for increased human and financial resources for accounting entities and tax authorities , including to support the union action to fight tax evasion and tax avoidance; welcomes the creation of the eu tax and financial crimes observatory;


### 8. recalls that the introduction of a basket of new own resources is essential to meet the financial needs of supporting the recovery and for other union priorities. ### 8. recalls that the introduction of a basket of new own resources is essential to meet the financial needs of supporting the recovery and for other union priorities; urges member states to swiftly agree on an increase of the own resources ceilings and to adopt additional own resources such as a share of the revenues of a common consolidated corporate tax base , a digital services tax , a financial transaction tax , a plastics contribution and a carbon border adjustment mechanism;


### 9. calls on the member states to share clearly and determinedly their post-crisis plans , ambitions and expectations as well as acknowledge their shared role in preparation for a coordinated eu approach. ### 9. calls on member states to share clearly and determinedly their post-crisis plans , ambitions and expectations as well as acknowledge their shared role in preparation for a coordinated eu approach that leads to innovative means of production , manufacturing , research , education and re-skilling/up-skilling that foster cohesion among all eu regions , allowing them to accomplish a fair , inclusive and sustainable economic prosperity , therefore supporting the local development and local economies more strongly as well. calls for the alignment of the economy with the principles of sustainable development and achieving the eu climate neutrality by 2040 with an integrated approach and gearing up all eu policies toward this objective. reiterates that the sufficient funds are necessary in order to achieve the ambitious goal of a fair , smooth and inclusive transition as well as a climate neutral europe by 2040.


### 16. highlights the importance of horizon europe in making the european green deal a success , and contributing to the transition towards a climate-neutral economy and society by 2050 , and in supporting the digital transformation , which is vital for the union’s future prosperity; stresses also that the covid-19 pandemic has demonstrated the need to invest in health research; proposes therefore significantly to increase horizon europe , in line with its long-held position calling for an overall budget of eur 120 billion; considers , furthermore , that the full amount of decommitments made over the whole of the current mff should be made available , in accordance with article 15(3) of the financial regulation , to support the climate and digital transitions and health research; ### 16. highlights the importance of horizon europe in making the european green deal a success , and contributing to the transition towards a climate-neutral economy and society by 2050 , and in supporting the digital transformation , which is vital for the union’s future prosperity; stresses also that the covid-19 pandemic has demonstrated the need to invest in health research; proposes therefore significantly to increase horizon europe , in line with its long-held position calling for an overall budget of eur 120 billion over the 2021-2027 mff period; considers , furthermore , that the full amount of decommitments made over the whole of the current mff should be made available , in accordance with article 15(3) of the financial regulation , to support the climate and digital transitions and health research;


### 17. calls for the 2021 union budget to ensure that the investeu programme delivers on both its long term objective by providing more investment capacity aimed at supporting sustainable infrastructure , research , smes , and social investments and its new short term mission to support the economic recovery via strategic investments; ### 17. calls for the 2021 union budget to ensure that the investeu programme delivers on both its long term objective by providing more investment capacity aimed at supporting sustainable infrastructure , research , smes , and social investments and its new short term mission to support a sustainable economic recovery via strategic sustainable investments;


### 18. stresses the crucial role of the connecting europe facility in fostering the development of a high-performance trans-european network , supporting energy projects in the shift towards a climate-neutral economy with security of supply , and buttressing the digital transition , including the up-skilling and re-skilling of union workers; proposes therefore major increases , in particular for the transport and energy strands; ### 18. stresses the crucial role of the connecting europe facility in fostering the development of a high-performance trans-european networks , boosting transport projects in particular the ones supporting a sustainable and cross-border mobility as well as modal shift , supporting energy projects in the shift towards a climate-neutral economy and preventing a carbon lock-in , with security of supply , and buttressing the digital transition , including the up-skilling and re-skilling of union workers; proposes therefore major increases , in particular for the transport and energy strands to ensure that the necessary investment is made to decrease ghg emissions by 65% until 2030 and to reach carbon neutrality by 2050;


### 24. emphasises the importance of erasmus+ as a symbolic and one of the most successful union programmes with strategic investment in the union's future; recalls that insufficient funding for the erasmus+ programme would endanger its capacity to reach its new objectives and to uphold the challenges of becoming more inclusive and ecological; decides therefore to substantially increase erasmus+ in line with its position to triple its budget; ### 24. emphasises the importance of erasmus+ as a symbolic and one of the most successful union programmes with strategic investment in the union's future; recalls that insufficient funding for the erasmus+ programme would endanger its capacity to reach its new objectives and to uphold the challenges of becoming more inclusive and ecological; decides therefore to substantially increase erasmus+ in line with both the parliament’s position and european commission president’s commitment position to triple its budget;


### 27. echoes the commission prediction that , in the context of recovery from the covid-19 outbreak , tackling child poverty will become even more important in the coming years; consequently , insists that a separate budget line under esf+ needs to be created for the european child guarantee with an allocation of eur 1 billion for the year 2021; ### 27. echoes the commission prediction that , in the context of recovery from the covid-19 outbreak , fighting against extreme poverty , and especially child poverty will become even more important in the coming years; consequently , insists that a separate budget line under esf+ needs to be created for the european child guarantee with an allocation of eur 1 billion for the year 2021;


### 30. deeply regrets that the commission still has not responded to parliament's call for a comprehensive review of the budget line for multimedia measures , particularly with regard to the framework contract with euronews; decides to put its budgetary allocation in reserve until the commission has answered the concerns raised by the court of auditors; ### 30. deeply regrets that the commission still has not responded to parliament's call for a comprehensive review of the budget line for multimedia measures , particularly with regard to the framework contract with euronews; decides to put its budgetary allocation in reserve until the commission has answered the concerns raised by the court of auditors; notes however that the court of auditors does not point to any shortcomings on euronews’s part in its contractual reporting duties under the current framework; regrets that such a reserve of 18 million euros endangers the financial viability of euronews , and consequently its staff , while it is highly important that the eu supports independent and high-quality journalism on eu affairs;


### 31. decides to apply targeted reinforcements to eppo; believes that its nature requires a stronger guarantee of independence , and its budget should therefore be presented under heading 7 , an independent organism rather than assimilated to an agency; ### 31. decides to apply targeted reinforcements to european public prosecutors office (eppo); believes and underlines that its nature requires a stronger guarantee of independence , and its budget therefore should be presented under heading 7 , as an independent organism rather than assimilated to an agency;


### 36. in line with the overall priority to tackle climate change , focuses substantial increases worth eur 237 million in commitment appropriations on budget lines pertaining to life+ programme; notes that this increase is intended to contribute to the main objectives such as preservation of nature and biodiversity , the circular economy and quality of life , climate change mitigation and adaptation as well as the clean energy transition; expects the commission to warrant the necessary absorption capacity for an effective use of these additional means; ### 36. in line with the overall priority to tackle climate change and prevent irreversible biodiversity loss , focuses substantial increases worth eur 237 million in commitment appropriations on budget lines pertaining to life+ programme; notes that this increase is intended to contribute to the main objectives such as preservation of nature and biodiversity , the circular economy and quality of life , climate change mitigation and adaptation as well as the clean energy transition; expects the commission to warrant the necessary absorption capacity for an effective use of these additional means;


### 37. reminds that a number of agricultural sectors have been hard hit by the covid-19 outbreak and therefore supports targeted reinforcements on budget lines for market support measures under the european agricultural guarantee fund (eagf) which aim at mitigating the effects of the crisis caused by that outbreak; expects the letter of amendment to adjust further the level of appropriations of eagf by taking into account the assigned revenue expected to be available in 2021 and other parameters such as the impact of the covid pandemic on agricultural sectors; ### 37. reminds that a number of agricultural sectors have been hard hit by the covid-19 outbreak and therefore supports targeted reinforcements on budget lines for market support measures under the european agricultural guarantee fund (eagf) which aim at mitigating the effects of the crisis caused by that outbreak especially for organic farms and small-scale farmers; expects the letter of amendment to adjust further the level of appropriations of eagf by taking into account the assigned revenue expected to be available in 2021 and other parameters such as the impact of the covid pandemic on agricultural sectors;


### 44. stresses the importance of a progressive framing of the eu’s common security and defence policy; underlines the importance of enhancing european cooperation in defence matters since it not only makes europe and its citizens safer , but also leads to a cost reduction; calls for increased funding for the european defence fund in order to fully foster an innovative and competitive defence industrial base that will contribute to the much-needed strategic autonomy of the eu; ### 44. stresses the importance of a progressive framing of the eu’s common security and defence policy; calls for increased funding for the european defence fund;


### 45. calls for increased funding for military mobility with the aim of helping member states act faster and more effectively; notes that sufficient funding is needed to support missions and operations under the common security and defence policy , including by measures such as funding dual-use transport infrastructure and simplifying diplomatic clearances and customs rules; ### 45. calls for increased funding for military mobility with the aim of helping member states act faster and more effectively;


### 51. points to the persistent challenges in the union’s eastern and southern neighbourhood , as well as the importance of endowing the united nations relief and works agency for palestine refugees in the near east with adequate financial resources; recalls the importance of developing stable relations and strong cooperation between the eu and africa and deems appropriate to dedicate sufficient financial resources to the development of this continent , which would contribute inter alia to mitigating the root causes of forced migration; ### 51. points to the persistent challenges in the union’s eastern and southern neighbourhood , as well as the importance of endowing the united nations relief and works agency for palestine refugees in the near east with increased financial support to allow unrwa to continue the provision of vital services to millions of palestine refugees in the region; recalls the importance of developing stable relations and strong cooperation between the eu and africa and deems appropriate to dedicate sufficient financial resources to the development of this continent , which would contribute inter alia to mitigating the root causes of forced migration;


### 57. decides not to restore , at this stage , the council’s cuts in heading 7; ### 57. decides not to restore , at this stage , the council’s cuts in heading 7 , except for the needed reinforcement of the dg env , in order to ensure the good implementation of the green deal;;


### 61. expresses its surprise and deep concern at the commission’s cuts in parliament’s budget , which break once more the tradition of good cooperation between the two institutions; restores the appropriations established in the estimates on the basis of a careful and responsible analysis of the needs of parliament for 2021 and adopted by plenary in its abovementioned resolution on 14 may 2020 with a large majority; takes into account the impact of the covid-19 crisis and the setting-up of five new parliamentary committees when restoring the appropriations;. ### 61. expresses its surprise and deep concern at the commission’s cuts in parliament’s budget , which break once more the tradition of good cooperation between the two institutions; restores the appropriations established in the estimates on the basis of a careful and responsible analysis of the needs of parliament for 2021 and adopted by plenary in its abovementioned resolution on 14 may 2020 with a large majority; and adjusts those to take into account the setting-up of five new parliamentary committees;.


### 62. notes the ongoing negotiations on the new multiannual financial framework 2021-2027 and the uncertainty regarding the funding level of the new heading 7 - european public administration; stresses that parliament has fulfilled the 5 % staff reduction objective and actually saw an overall cut of 6 %; highlights the fact that , since the adoption of the lisbon treaty , parliament has had to cope with an increased amount of tasks; notes that synergies and re-prioritisation were achieved in the last legislative term; stresses that the functioning of parliament depends on the fulfilment of its administrative tasks , which require adequate staffing levels; is deeply concerned by the serious and structural understaffing in many committees’ secretariats in contradiction with the important increase of their workload and invites the secretary-general to urgently provide solutions to adequately staff the committees’ secretariats via internal redeployment and increase of contractual agents; ### 62. notes the ongoing negotiations on the new multiannual financial framework 2021-2027 and the uncertainty regarding the funding level of the new heading 7 - european public administration; stresses that parliament has fulfilled the 5 % staff reduction objective and actually saw an overall cut of 6 %; highlights the fact that , since the adoption of the lisbon treaty , parliament has had to cope with an increased amount of tasks; notes that synergies and re-prioritisation were achieved in the last legislative term; stresses that the functioning of parliament depends on the fulfilment of its legislative and administrative tasks , which require adequate staffing levels; is deeply concerned by the serious and structural understaffing in many committees’ secretariats in contradiction with the important increase of their workload and invites the secretary-general to urgently provide solutions to adequately staff the committees’ secretariats via internal redeployment and increase of contractual agents;


### a. whereas in the field of transport , more than eur 700 billion in investment is needed for the trans-european transport network alone between now and 2030 and additional investments are required for the deployment of innovative strategies , charging infrastructure and alternative fuels; ### a. whereas in the field of transport , more than eur 700 billion in investment is needed for the trans-european transport network alone between now and 2030 and additional investments are required for the deployment of innovative strategies , charging infrastructure and fully renewables-based and sustainable alternative fuels;


### 1. acknowledges the actions taken in the transport sector to reduce specific emissions and stresses the need to strengthen support for research on and innovation in zero-emissions mobility solutions; ### 1. acknowledges the need for comprehensive actions to be taken in the transport sector to phase out emissions and achieve carbon neutrality. stresses the need to strengthen support for research on and innovation in zero-emissions mobility solutions;


### 1. welcomes the commission communication on the sustainable europe investment plan (com(2020)0021) , which aims to enable a just and well-managed transition towards a resilient and sustainable society; emphasises that it is imperative that the eu achieve the revised 2030 and 2050 climate and biodiversity goals and reach its commitments under the paris agreement , based on the best available science; ### 1. welcomes the commission communication on the sustainable europe investment plan (com(2020)0021) , which aims to enable a just transition towards a resilient and sustainable society; emphasises that both public and private sustainable financing will play a key role for the union and member states to achieve the ambition set out in the european green deal and in particular the increased 2030 climate and energy targets and the climate-neutrality objective , as well as their commitments under the paris agreement , the un convention on biological diversity and the un sdgs , based on the best available science;


### 1. expects that under the future multiannual financial framework (mff) , the contribution to the agricultural and rural development domain will be maintained at current levels; insists that any additional measures relating to the green transition be financed with fresh money and additional eu own resources; ### 1. expects that under the future multiannual financial framework (mff) , the contribution to the agricultural and rural development domain will be maintained at current levels; recognises that the cap requires an overall reform to bring it in line with the european green deal; insists that farmers be supported appropriately to achieve the increased ambition of the european green deal , following the principle that public support should take into consideration environmental and health concerns from the outset; insists that the green transition be financed , firstly , through a redeployment of the current levels of cap expenditure towards greater environmental coherence as a priority , and , secondly , via fresh money and additional eu own resources only where necessary;


### (1) the covid-19 pandemic is a major shock to the global and union economy. due to the necessary containment measures , economic activity in the eu dropped significantly. the contraction in eu gdp in 2020 is expected to be around 7.5% , far deeper than during the financial crisis in 2009. the outbreak of the pandemic has shown the interconnectivity of global supply chains and exposed some vulnerabilities such as the over-reliance of strategic industries on non-diversified external supply sources. such vulnerabilities need to be addressed , to improve the union’s emergency response as well as the resilience of the entire economy , while maintaining its openness to competition and trade in line with its rules. investment activity is expected to have dropped significantly. even before the pandemic , while a recovery in investment-to-gdp ratios in the union could be observed , it remained below what might be expected in a strong recovery and was insufficient to compensate for years of underinvestment following the 2009 crisis. more importantly , the current investment levels and forecasts do not cover the union’s needs for structural investment to restart and sustain long-term growth in the face of technological change and global competitiveness , including for innovation , skills , infrastructure , small and medium-sized enterprises (smes) and the need to address key societal challenges such as sustainability or population ageing. consequently , in order to achieve the union's policy objectives and to support a swift , inclusive and healthy economic recovery , support is necessary to address market failures and sub-optimal investment situations and to reduce the investment gap in targeted sectors. ### (1) the covid-19 pandemic is a major shock to the global and union economy. due to the necessary containment measures , economic activity in the eu dropped significantly. the contraction in eu gdp in 2020 is expected to be around 7.5% , far deeper than during the financial crisis in 2009. the outbreak of the pandemic has shown the interconnectivity of global supply chains and exposed some vulnerabilities such as the over-reliance of strategic industries on non-diversified external supply sources. such vulnerabilities need to be addressed , to improve the union’s emergency response as well as the resilience of the entire economy , while maintaining its openness to competition and trade in line with its rules. investment activity is expected to have dropped significantly. even before the pandemic , while a recovery in investment-to-gdp ratios in the union could be observed , it remained below what might be expected in a strong recovery and was insufficient to compensate for years of underinvestment following the 2009 crisis. more importantly , the current investment levels and forecasts do not cover the union’s needs for structural investment to restart and sustain long-term growth in the face of technological change and global competitiveness , including for innovation , skills , infrastructure , small and medium-sized enterprises (smes) and the need to address key societal challenges such as sustainability or population ageing. consequently , in order to achieve the union's policy objectives , especially under the green deal and to support a swift , inclusive and healthy economic recovery , the primary aim should be to support otherwise difficult to fund projects that provide european citizen with long-term environmental and societal benefits such as high quality long-term jobs and public infrastructure , as well as with sustainable solutions to address the covid crisis. it is therefore of crucial importance to identify and support projects that provide this genuine additionality and quality rather than being mostly driven by technical aspects such as leverage factors or project speed and volumes.


### (1) the covid-19 pandemic is a major shock to the global and union economy. due to the necessary containment measures , economic activity in the eu dropped significantly. the contraction in eu gdp in 2020 is expected to be around 7.5% , far deeper than during the financial crisis in 2009. the outbreak of the pandemic has shown the interconnectivity of global supply chains and exposed some vulnerabilities such as the over-reliance of strategic industries on non-diversified external supply sources. such vulnerabilities need to be addressed , to improve the union’s emergency response as well as the resilience of the entire economy , while maintaining its openness to competition and trade in line with its rules. investment activity is expected to have dropped significantly. even before the pandemic , while a recovery in investment-to-gdp ratios in the union could be observed , it remained below what might be expected in a strong recovery and was insufficient to compensate for years of underinvestment following the 2009 crisis. more importantly , the current investment levels and forecasts do not cover the union’s needs for structural investment to restart and sustain long-term growth in the face of technological change and global competitiveness , including for innovation , skills , infrastructure , small and medium-sized enterprises (smes) and the need to address key societal challenges such as sustainability or population ageing. consequently , in order to achieve the union's policy objectives and to support a swift , inclusive and healthy economic recovery , support is necessary to address market failures and sub-optimal investment situations and to reduce the investment gap in targeted sectors. ### (1) the covid-19 pandemic is a major shock to the global and union economy. due to the necessary containment measures , economic activity in the eu dropped significantly. the contraction in eu gdp in 2020 is expected to be around 7.5% , far deeper than during the financial crisis in 2009. the outbreak of the pandemic has shown the interconnectivity of global supply chains and exposed some vulnerabilities such as the over-reliance of strategic industries on non-diversified external supply sources. such vulnerabilities need to be addressed , to improve the union’s emergency response as well as the resilience of the entire economy , while maintaining its openness to fair competition and fair trade in line with its rules. investment activity is expected to drop significantly. even before the pandemic , while a recovery in investment-to-gdp ratios in the union could be observed , it remained below what might be expected in a strong recovery and was insufficient to compensate for years of underinvestment following the 2009 crisis. more importantly , the current investment levels and forecasts do not cover the union’s needs for structural investment to restart and sustain long-term growth in the face of technological change and global competitiveness , including for innovation , skills , infrastructure , small and medium-sized enterprises (smes) and the need to address key societal challenges such as sustainability or population ageing. consequently , in order to achieve the union's policy objectives , in particular those expressed in the european green deal , and to support a swift , inclusive , sustainable and healthy economic recovery , support is necessary to address market failures and sub-optimal investment situations and to reduce the investment gap in targeted sectors.


### (1) the covid-19 pandemic is a major shock to the global and union economy. due to the necessary containment measures , economic activity in the eu dropped significantly. the contraction in eu gdp in 2020 is expected to be around 7.5% , far deeper than during the financial crisis in 2009. the outbreak of the pandemic has shown the interconnectivity of global supply chains and exposed some vulnerabilities such as the over-reliance of strategic industries on non-diversified external supply sources. such vulnerabilities need to be addressed , to improve the union’s emergency response as well as the resilience of the entire economy , while maintaining its openness to competition and trade in line with its rules. investment activity is expected to have dropped significantly. even before the pandemic , while a recovery in investment-to-gdp ratios in the union could be observed , it remained below what might be expected in a strong recovery and was insufficient to compensate for years of underinvestment following the 2009 crisis. more importantly , the current investment levels and forecasts do not cover the union’s needs for structural investment to restart and sustain long-term growth in the face of technological change and global competitiveness , including for innovation , skills , infrastructure , small and medium-sized enterprises (smes) and the need to address key societal challenges such as sustainability or population ageing. consequently , in order to achieve the union's policy objectives and to support a swift , inclusive and healthy economic recovery , support is necessary to address market failures and sub-optimal investment situations and to reduce the investment gap in targeted sectors. ### (1) the covid-19 pandemic is a major shock to the global and union economy. due to the necessary containment measures , economic activity in the eu dropped significantly. the contraction in eu gdp in 2020 is expected to be around 7.5% , far deeper than during the financial crisis in 2009. the outbreak of the pandemic has shown the interconnectivity of global supply chains and exposed some vulnerabilities such as the over-reliance of strategic industries on non-diversified external supply sources. such vulnerabilities need to be addressed , to improve the union’s emergency response as well as the resilience of the entire economy , while maintaining its openness to competition and trade in line with its rules. investment activity is expected to have dropped significantly. even before the pandemic , while a recovery in investment-to-gdp ratios in the union could be observed , it remained below what might be expected in a strong recovery and was insufficient to compensate for years of underinvestment following the 2009 crisis. more importantly , the current investment levels and forecasts do not cover the union’s needs for structural investment to restart and sustain long-term growth in the face of technological change and global competitiveness , including for innovation , skills , infrastructure , small and medium-sized enterprises (smes) and the need to address key societal challenges such as sustainability or population ageing. consequently , in order to achieve the union's policy objectives , especially under the green deal and to support a swift , inclusive and healthy economic recovery , the primary aim should be to support otherwise difficult to fund projects that provide european citizen with long-term environmental and societal benefits such as high quality long-term jobs and public infrastructure , as well as with sustainable solutions to address the covid crisis. it is therefore of crucial importance to identify and support projects that provide this genuine additionality and quality rather than being mostly driven by technical aspects such as leverage factors or project speed and volumes , avoid duplication and crowding out of other sources , as well as to address market failures and sub-optimal investment situations and to reduce the investment gap in targeted sectors.


### (1) the covid-19 pandemic is a major shock to the global and union economy. due to the necessary containment measures , economic activity in the eu dropped significantly. the contraction in eu gdp in 2020 is expected to be around 7.5% , far deeper than during the financial crisis in 2009. the outbreak of the pandemic has shown the interconnectivity of global supply chains and exposed some vulnerabilities such as the over-reliance of strategic industries on non-diversified external supply sources. such vulnerabilities need to be addressed , to improve the union’s emergency response as well as the resilience of the entire economy , while maintaining its openness to competition and trade in line with its rules. investment activity is expected to have dropped significantly. even before the pandemic , while a recovery in investment-to-gdp ratios in the union could be observed , it remained below what might be expected in a strong recovery and was insufficient to compensate for years of underinvestment following the 2009 crisis. more importantly , the current investment levels and forecasts do not cover the union’s needs for structural investment to restart and sustain long-term growth in the face of technological change and global competitiveness , including for innovation , skills , infrastructure , small and medium-sized enterprises (smes) and the need to address key societal challenges such as sustainability or population ageing. consequently , in order to achieve the union's policy objectives and to support a swift , inclusive and healthy economic recovery , support is necessary to address market failures and sub-optimal investment situations and to reduce the investment gap in targeted sectors. ### (1) the covid-19 pandemic is a major shock to the global and union economy. due to the necessary containment measures , economic activity in the eu dropped significantly. the contraction in eu gdp in 2020 is expected to be around 7.5% , far deeper than during the financial crisis in 2009. the outbreak of the pandemic has shown the interconnectivity of global supply chains and exposed some vulnerabilities such as the over-reliance of strategic industries on non-diversified external supply sources. such vulnerabilities need to be addressed , to improve the union’s emergency response as well as the resilience of the entire economy , while maintaining its openness to fair competition and fair trade in line with its rules. investment activity is expected to drop significantly. even before the pandemic , while a recovery in investment-to-gdp ratios in the union could be observed , it remained below what might be expected in a strong recovery and was insufficient to compensate for years of underinvestment following the 2009 crisis. more importantly , the current investment levels and forecasts do not cover the union’s needs for structural investment to restart and sustain long-term growth in the face of technological change and global competitiveness , including for innovation , skills , infrastructure , small and medium-sized enterprises (smes) and the need to address key societal challenges such as sustainability or population ageing. consequently , in order to achieve the union's policy objectives , especially under the green deal and to support a swift , inclusive , sustainable and healthy economic recovery , the primary aim should be to support otherwise difficult to fund projects that provide european citizen with long-term environmental and societal benefits such as high quality long-term jobs and public infrastructure. it is therefore of crucial importance to identify and support projects that provide this genuine additionality and quality rather than being mostly driven by technical aspects such as leverage factors or project speed and volumes as well as to address market failures and sub-optimal investment situations and to reduce the investment gap in targeted sectors.


### (3) in the last years , the union has adopted ambitious strategies to complete the single market and to stimulate sustainable and inclusive growth and jobs , such as 'europe 2020 - a strategy for smart , sustainable and inclusive growth' of 3 march 2010 , 'action plan on building a capital markets union' of 30 september 2015 , 'a new european agenda for culture' of 22 may 2018 , 'clean energy for all europeans' of 30 november 2016 , 'closing the loop - an eu action plan for the circular economy' of 2 december 2015 , 'a european strategy for low-emission mobility' of 20 july 2016 , ‘european defence action plan’ of 30 november 2016 , 'launching the european defence fund' of 7 june 2017 , 'space strategy for europe' of 26 october 2016 , the interinstitutional proclamation on the european pillar of social rights of 13 december 2017 , the ‘european green deal’ of 11 december 2019 , the ‘european green deal investment plan’ of 14 january 2020 , the ‘strong social europe for just transitions’ of 14 january 2020 , the ‘strategy for shaping europe’s digital future’ , the ‘data strategy’ and the ‘artificial intelligence communication’ of 19 february 2020 , ‘a new industrial strategy for europe’ of 10 march 2020 and ‘sme strategy for a sustainable and digital europe’ of 10 march 2020. the investeu fund should exploit and reinforce synergies between those mutually reinforcing strategies through providing support to investment and access to financing. ### (3) in the last years , the union has adopted ambitious strategies and legislation to complete the single market and to stimulate sustainable and inclusive growth and jobs , such as 'europe 2020 - a strategy for smart , sustainable and inclusive growth' of 3 march 2010 , 'action plan on building a capital markets union' of 30 september 2015 , 'a new european agenda for culture' of 22 may 2018 , 'clean energy for all europeans' of 30 november 2016 , 'closing the loop - an eu action plan for the circular economy' of 2 december 2015 , 'a european strategy for low-emission mobility' of 20 july 2016 , ‘european defence action plan’ of 30 november 2016 , 'launching the european defence fund' of 7 june 2017 , 'space strategy for europe' of 26 october 2016 , the interinstitutional proclamation on the european pillar of social rights of 13 december 2017 , the ‘european green deal’ of 11 december 2019 , the ‘european green deal investment plan’ of 14 january 2020 , the ‘strong social europe for just transitions’ of 14 january 2020 , the ‘strategy for shaping europe’s digital future’ , the ‘data strategy’ and the ‘artificial intelligence communication’ of 19 february 2020 , the european climate law1a proposal of 4 march 2020 , ‘a new industrial strategy for europe’ of 10 march 2020 , ‘sme strategy for a sustainable and digital europe’ of 10 march 2020 , the eu biodiversity strategy for 2030 of 20 may 2020 , regulation (eu) 2020/852 of 18 june 20201b , the energy system integration strategy and the hydrogen strategy of 8 july 2020 , and the union will propose a renovation wave strategy in the 3rd quarter of 2020. the investeu fund should exploit and reinforce synergies between those mutually reinforcing strategies , contribute to phasing out environmentally harmful subsidies and support the implementation of the legislation through providing support to investment and access to financing.


### (10) reflecting the importance of tackling climate change in line with the union's commitments to implement the paris agreement on climate change and the sdgs , the investeu programme will contribute to mainstream climate actions and to the achievement of an overall target of 25 % of the union budget expenditures supporting climate objectives. actions under the investeu programme are expected to contribute 30 % of the overall financial envelope of the investeu programme to climate objectives. relevant actions will be identified during the investeu programme's preparation and implementation and reassessed in the context of the relevant evaluations and review processes. ### (10) reflecting the importance of tackling climate change in line with the union's commitments to implement the paris agreement on climate change and the sdgs , the investeu programme will contribute to mainstream climate actions and to the achievement of an overall target of at least 50 % of the union budget expenditures supporting climate and environmental objectives. actions under the investeu programme are expected to contribute at least 80 % of the overall financial envelope of the investeu programme to climate objectives. relevant actions will be identified during the investeu programme's preparation and implementation and reassessed in the context of the relevant evaluations and review processes.


### (11) the contribution of the investeu fund to the achievement of the climate target will be tracked through a union climate tracking system to be developed by the commission in cooperation with potential implementing partners , appropriately using the criteria established by [regulation on the establishment of a framework to facilitate sustainable investment25 ] for determining whether an economic activity is environmentally sustainable. the investeu programme should also contribute to the implementation of other dimensions of the sdgs. ### (11) the contribution of the investeu fund to the achievement of the 2030 climate and energy targets and to the transition towards climate neutrality by 2040 will be tracked through a union climate tracking system to be developed by the commission and aligned with the harmonised multilateral development bank methodology on identifying climate action24a , in cooperation with potential implementing partners , appropriately using the criteria established by [regulation on the establishment of a framework to facilitate sustainable investment25 ] for determining whether an economic activity is environmentally sustainable. the investeu programme should also contribute to the implementation of other dimensions of the sdgs.