### small and medium - sized enterprises play a crucial role in the union . however , they face challenges when accessing finance because of their perceived high risk and lack of sufficient collateral . additional challenges arise from smes’ need to stay competitive by engaging in digitisation , internationalisation and innovation activities and skilling up their workforce . moreover , compared to larger enterprises , they have access to a more limited set of financing sources : they typically do not issue bonds , have only limited access to stock exchanges or large institutional investors . the challenge in accessing finance is even greater for those smes whose activities focus on intangible assets . smes in the union rely heavily on banks and debt financing in the form of bank overdrafts , bank loans or leasing . supporting smes that face the above challenges and providing more diversified sources of funding is necessary for increasing the ability of smes to finance their creation , growth and development , withstand economic downturns , and for making the economy and the financial system more resilient during economic downturn or shocks . this is also complementary to the initiatives already undertaken in the context of the capital markets union . the investeu fund should provide an opportunity to focus on specific , more targeted financial products . ### small and medium - sized enterprises , including those of the creative and cultural sectors , play a crucial role in the union . however , they face challenges when accessing finance because of their perceived high risk and lack of sufficient collateral . additional challenges arise from smes’ need to stay competitive by engaging in digitisation , internationalisation and innovation activities and skilling up their workforce . moreover , compared to larger enterprises , they have access to a more limited set of financing sources : they typically do not issue bonds , have only limited access to stock exchanges or large institutional investors . the challenge in accessing finance is even greater for those smes whose activities focus on intangible assets . smes in the union rely heavily on banks and debt financing in the form of bank overdrafts , bank loans or leasing . supporting smes that face the above challenges and providing more diversified sources of funding is necessary for increasing the ability of smes to finance their creation , growth and development , withstand economic downturns , and for making the economy and the financial system more resilient during economic downturn or shocks and capable of creating job and social well - being . this is also complementary to the initiatives already undertaken in the context of the capital markets union . the investeu fund should provide an opportunity to focus on specific , more targeted financial products .


### small and medium - sized enterprises play a crucial role in the union . however , they face challenges when accessing finance because of their perceived high risk and lack of sufficient collateral . additional challenges arise from smes’ need to stay competitive by engaging in digitisation , internationalisation and innovation activities and skilling up their workforce . moreover , compared to larger enterprises , they have access to a more limited set of financing sources : they typically do not issue bonds , have only limited access to stock exchanges or large institutional investors . the challenge in accessing finance is even greater for those smes whose activities focus on intangible assets . smes in the union rely heavily on banks and debt financing in the form of bank overdrafts , bank loans or leasing . supporting smes that face the above challenges and providing more diversified sources of funding is necessary for increasing the ability of smes to finance their creation , growth and development , withstand economic downturns , and for making the economy and the financial system more resilient during economic downturn or shocks . this is also complementary to the initiatives already undertaken in the context of the capital markets union . the investeu fund should provide an opportunity to focus on specific , more targeted financial products . ### small and medium - sized enterprises play a crucial role in the union . however , they face challenges when accessing finance because of their perceived high risk and lack of sufficient collateral . additional challenges arise from smes’ need to stay competitive by engaging in digitisation , internationalisation , marketing and innovation activities and skilling up their workforce . moreover , compared to larger enterprises , they have access to a more limited set of financing sources : they typically do not issue bonds , have only limited access to stock exchanges or large institutional investors . the challenge in accessing finance is even greater for those smes whose activities focus on intangible assets . smes in the union rely heavily on banks and debt financing in the form of bank overdrafts , bank loans or leasing . supporting smes that face the above challenges and providing more diversified sources of funding is necessary for increasing the ability of smes to finance their creation , growth and development , withstand economic downturns , and for making the economy and the financial system more resilient during economic downturn or shocks . this is also complementary to the initiatives already undertaken in the context of the capital markets union . the investeu fund should provide an opportunity to focus on specific , more targeted financial products .


### as set out in the reflection paper on the social dimension of europe16 and the european pillar of social rights17 , building a more inclusive and fairer union is a key priority for the union to tackle inequality and foster social inclusion policies in europe . inequality of opportunities affects in particular access to education , training and health . investment in the social , skills and human capital - related economy , as well as in the integration of vulnerable populations in the society , can enhance economic opportunities , especially if coordinated at union level . the investeu fund should be used to support investment in education and training , help increase employment , in particular among the unskilled and long - term unemployed , and improve the situation with regard to intergenerational solidarity , the health sector , homelessness , digital inclusiveness , community development , the role and place of young people in society as well as vulnerable people , including third country nationals . the investeu programme should also contribute to the support of european culture and creativity . to counter the profound transformations of societies in the union and of the labour market in the coming decade , it is necessary to invest in human capital , microfinance , social enterprise finance and new social economy business models , including social impact investment and social outcomes contracting . the investeu programme should strengthen nascent social market eco - system , increasing the supply of and access to finance to micro - and social enterprises , to meet the demand of those who need it the most . the report of the high - level task - force on investing in social infrastructure in europe18 has identified investment gaps in social infrastructure and services , including for education , training , health and housing , which call for support , including at the union level . therefore , the collective power of public , commercial and philanthropic capital , as well as support from foundations , should be harnessed to support the social market value chain development and a more resilient union . _________________ 16 com 206 . 17 com 250 . 18 published as european economy discussion paper 074 in january 2018 . ### as set out in the reflection paper on the social dimension of europe16 and the european pillar of social rights17 , building a more inclusive and fairer union is a key priority for the union to tackle inequality and foster social inclusion policies in europe . inequality of opportunities affects in particular access to education , training , culture , employment and health . investment in the social , skills and human capital - related economy , as well as in the integration of vulnerable populations in the society , can enhance economic opportunities , especially if coordinated at union level . the investeu fund should be used to support investment in education and training , help increase employment , in particular among the unskilled and long - term unemployed , and improve the situation with regard to intergenerational solidarity , the health sector , homelessness , digital inclusiveness , community development , the role and place of young people in society as well as vulnerable people , including third country nationals . the investeu programme should also contribute to the support of european culture and creativity . to counter the profound transformations of societies in the union and of the labour market in the coming decade , it is necessary to invest in human capital , microfinance , social enterprise finance and new social economy business models , including social impact investment and social outcomes contracting . the investeu programme should strengthen nascent social market eco - system , increasing the supply of and access to finance to micro - and social enterprises , to meet the demand of those who need it the most . the report of the high - level task - force on investing in social infrastructure in europe18 has identified a total investment gap of at least 1 . 5 trillion euros for the period between 2018 and 2030 in social infrastructure and services , including for education , training , health and housing , which call for support , including at the union level . therefore , the collective power of public , commercial and philanthropic capital , as well as support from alternative types of financial providers such as ethical , social and sustainable actors , and from foundations , should be harnessed to support the social market value chain development and a more resilient union . _________________ 16 com 206 . 17 com 250 . 18 published as european economy discussion paper 074 in january 2018 .


### the member state compartment should be specifically designed to allow the use of funds under shared management to provision a guarantee issued by the union . that combination aims at mobilising the high credit rating of the union to promote national and regional investments while ensuring a consistent risk management of the contingent liabilities by implementing the guarantee given by the commission under indirect management . the union should guarantee the financing and investment operations foreseen by the guarantee agreements concluded between the commission and implementing partners under the member state compartment , the funds under shared management should provide the provisioning of the guarantee , following a provisioning rate determined by the commission based on the nature of the operations and the resulting expected losses , and the member state would assume losses above the expected losses by issuing a back - to - back guarantee in favour of the union . such arrangements should be concluded in a single contribution agreement with each member state that voluntarily chooses such option . the contribution agreement should encompass the one or more specific guarantee agreements to be implemented within the member state concerned . the setting out of the provisioning rate on a case by case basis requires a derogation from [ article 211 ] of regulation no xxxx19 . this design provides also a single set of rules for budgetary guarantees supported by funds managed centrally or by funds under shared management , which would facilitate their combination . _________________ 19 ### the member state compartment should be specifically designed to allow the use of funds under shared management to provision a guarantee issued by the union . that combination aims at mobilising the high credit rating of the union to promote national and regional investments while ensuring a consistent risk management of the contingent liabilities by implementing the guarantee given by the commission under indirect management . the union should guarantee the financing and investment operations foreseen by the guarantee agreements concluded between the commission and implementing partners under the member state compartment , the funds under shared management should provide the provisioning of the guarantee , following a provisioning rate determined by the commission based on the nature of the operations and the resulting expected losses , and the member state would assume losses above the expected losses by issuing a back - to - back guarantee in favour of the union . such arrangements should be concluded in a single contribution agreement with each member state that voluntarily chooses such option . the contribution agreement should encompass the one or more specific guarantee agreements to be implemented within the member state concerned on the basis of fund rules and operational programme provisions . the setting out of the provisioning rate on a case by case basis requires a derogation from [ article 211 ] of regulation no xxxx19 . this design provides also a single set of rules for budgetary guarantees supported by funds managed centrally or by funds under shared management , which would facilitate their combination .


### in selecting implementing partners for the deployment of the investeu fund , the commission should consider the counterpart’s capacity to fulfil the objectives of the investeu fund and contribute its own resources , in order to ensure adequate geographical coverage and diversification , to crowd - in private investors and to provide sufficient risk diversification as well as new solutions to address market failures and sub - optimal investment situations . given its role under the treaties , its capacity to operate in all member states and the existing experience under the current financial instruments and the efsi , the european investment bank group should remain a privileged implementing partner under the investeu fund’s eu compartment . in addition to the eib group , national promotional banks or institutions should be able to offer a complementary financial product range given that their experience and capabilities at regional level could be beneficial for the maximisation of the impact of public funds on the territory of the union . moreover , it should be possible to have other international financial institutions as implementing partners , in particular when they present a comparative advantage in terms of specific expertise and experience in certain member states . it should also be possible for other entities fulfilling the criteria laid down in the financial regulation to act as implementing partners . ### in selecting implementing partners for the deployment of the investeu fund , the commission should consider the counterpart’s capacity to fulfil the objectives of the investeu fund and contribute its own resources , in order to ensure adequate geographical coverage and diversification , to crowd - in private investors and to provide sufficient risk diversification as well as new solutions to address market failures and sub - optimal investment situations . given its role under the treaties , its capacity to operate in all member states and the existing experience under the current financial instruments and the efsi , the european investment bank group should remain a privileged implementing partner so as to receive 75 % of the eu guarantee under the investeu fund’s eu compartment . in addition to the eib group , national promotional banks or institutions should be able to offer a complementary financial product range given that their experience and capabilities at regional level could be beneficial for the maximisation of the impact of public funds on the territory of the union . moreover , it should be possible to have other international financial institutions as implementing partners , in particular when they present a comparative advantage in terms of specific expertise and experience in certain member states . it should also be possible for other entities fulfilling the criteria laid down in the financial regulation to act as implementing partners .


### the social resilience and inclusiveness of the union ; ### cohesion , social resilience and inclusiveness of the union ;


### the social resilience and inclusiveness of the union ; ### the social innovation resilience and inclusiveness of the union ;


### sustainable infrastructure policy window : comprises sustainable investment in the areas of transport , energy , digital connectivity , supply and processing of raw materials , space , oceans and water , waste , nature and other environment infrastructure , equipment , mobile assets and deployment of innovative technologies that contribute to the environmental or social sustainability objectives of the union , or to both , or meet the environmental or social sustainability standards of the union ; ### sustainable infrastructure policy window : comprises sustainable investment in the areas of transport , energy , digital connectivity , supply and processing of raw materials , space , oceans and water , waste , nature and other environment infrastructure , cultural heritage , equipment , mobile assets and deployment of innovative technologies that contribute to the economic , environmental or social objectives of the union , or meet the environmental or social sustainability standards of the union ;


### social investment and skills policy window : comprises microfinance , social enterprise finance and social economy ; skills , education , training and related services ; social infrastructure ; social innovation ; health and long - term care ; inclusion and accessibility ; cultural activities with a social goal ; integration of vulnerable people , including third country nationals . ### social investment and skills policy window : comprises ethical and sustainable finance , microfinance , social enterprise finance and social economy ; workers buyout ; skills , education , training and related services ; social infrastructure ; integrated urban regeneration ; social innovation ; health and long - term care ; inclusion and accessibility ; cultural activities with a social goal ; cultural and creative sectors , including with intercultural dialogue and social cohesion goals ; integration of vulnerable people , including third country nationals .


### the commission guidance shall allow to : ### the investment guidelines shall allow to :


### estimate the impact on the social inclusion of certain areas or populations . ### estimate the impact on the social inclusion in terms of quality of life improvements and social cohesion , with particular attention to more vulnerable people living in certain areas .


### estimate the impact on the social inclusion of certain areas or populations . ### estimate the social impact , including on the social inclusion of certain areas or populations .


### for the eu compartment , the eligible counterparts shall have expressed their interest and shall be able to cover financing and investment operations in at least three member states . the implementing partners may also cover together financing and investment operations in at least three member states by forming a group . ### for the eu compartment , the eligible counterparts shall have expressed their interest and their selection must ensure that financing and investment operations cover all the member states .


### when selecting implementing partners , the commission shall ensure that the portfolio of financial products under the investeu fund : ### when selecting implementing partners , the commission shall ensure that their proposal for the portfolio of financial products under the investeu fund :


### the commitment of the implementing partner to accept the decisions by the commission and the investment committee as regards the use of the eu guarantee for the benefit of a proposed financing or investment operation , without prejudice to the decision - making of the implementing partner on the proposed operation without the eu guarantee ; ### the commitment of the implementing partner to accept the decisions by the investment committee as regards the use of the eu guarantee for the benefit of a proposed financing or investment operation , without prejudice to the decision - making of the implementing partner on the proposed operation without the eu guarantee ;


### approval of training programmes is necessary to verify that the programmes comply with common minimum requirements regarding content and organisation . such compliance allows for eliminating unnecessary barriers to entering the profession by preventing those who already acquired the necessary skills during their vocational training from passing unnecessary additional examination . the existence of approved training programmes may also facilitate the entry of workers with prior experience from other sectors into the profession of inland navigation as they may benefit from dedicated training programmes that take account of their already acquired competences . ### approval of training programmes is necessary to verify that the programmes comply with common minimum requirements regarding content and organisation . such compliance allows for eliminating unnecessary barriers to entering the profession by preventing those who already acquired the necessary skills during their vocational training from passing unnecessary additional examination . the existence of approved training programmes may also facilitate the entry of workers with prior experience from other sectors into the profession of inland navigation as they may benefit from dedicated training programmes that take account of their already acquired competences alongside the recognition of their prior professional experience .


### on 29 march 2017 , the united kingdom notified the european council of its intention to withdraw from the union pursuant to article 50 of the treaty on european union . consequently , unless another date is established in a withdrawal agreement , or the european council , in agreement with the united kingdom , unanimously establishes another date , union law will cease to apply to the united kingdom from 30 march 2019 . the united kingdom will then become a third country . ### on 29 march 2017 , the united kingdom notified the european council of its intention to withdraw from the union pursuant to article 50 of the treaty on european union . the treaties will cease to apply to the united kingdom from the date of entry into force of a withdrawal agreement or failing that , two years after that notification , i . e . from 30 march 2019 , unless the european council , in agreement with the united kingdom , unanimously decides to extend that period .


### article 4 this decision shall enter into force on the twentieth day following that of its publication in the official journal of the european union and shall apply from the day following that on which union law ceases to apply to the united kingdom . ### article 4 this decision shall enter into force on the third day following that of its publication in the official journal of the european union and shall apply from the day following that on which union law ceases to apply to the united kingdom . article 1 shall apply from the day following that on which directive 2012 / 27 / eu [ as amended by directive 2018 / xxx / eu ] ceases to apply to and in the united kingdom . article 2 shall apply from the day following that on which regulation [ governance of the energy union ] ceases to apply to and in the united kingdom . article 3 shall apply from [ date of entry into force ] .


### a representative action should offer an effective and efficient way of protecting the collective interests of consumers . it should allow qualified entities to act with the aim of ensuring compliance with relevant provisions of union law and to overcome the obstacles faced by consumers within individual actions , such as the uncertainty about their rights and available procedural mechanisms , psychological reluctance to take action and the negative balance of the expected costs and benefits of the individual action . ### a representative action should offer an effective and efficient way of protecting the collective interests of consumers . it should allow qualified entities to act with the aim of ensuring compliance with relevant provisions of union law and to overcome the obstacles faced by consumers within individual actions with regard to their generally weaker position , such as the uncertainty about their rights and available procedural mechanisms , psychological reluctance to take action and the negative balance of the expected costs and benefits of the individual action .


### this directive should cover a variety of areas such as data protection , financial services , travel and tourism , energy , telecommunications and environment . it should cover infringements of provisions of union law which protect the interests of consumers , regardless of whether they are referred to as consumers or as travellers , users , customers , retail investors , retail clients or other in the relevant union law . to ensure adequate response to infringement to union law , the form and scale of which is quickly evolving , it should be considered , each time where a new union act relevant for the protection of the collective interests of consumers is adopted , whether to amend the annex to the present directive in order to place it under its scope . ### this directive should cover all consumer law and related areas in line in particular with articles 11 and 169 tfeu and article 47 of the eu charter of fundamental rights . it should also be recognised that , in light of recent scandals involving the automobile industry , the impact upon consumers can often have secondary elements alongside the initial financial aspects , such as damage to health caused by emissions . it should cover infringements of provisions of union law which protect the interests of consumers , regardless of whether they are referred to as consumers or as travellers , users , customers , retail investors , retail clients or other in the relevant union law . to ensure adequate response to infringement to union law , the form and scale of which is quickly evolving , it should be considered , each time where a new union act relevant for the protection of the collective interests of consumers is adopted , whether to amend the annex to the present directive in order to place it under its scope .


### this directive should cover a variety of areas such as data protection , financial services , travel and tourism , energy , telecommunications and environment . it should cover infringements of provisions of union law which protect the interests of consumers , regardless of whether they are referred to as consumers or as travellers , users , customers , retail investors , retail clients or other in the relevant union law . to ensure adequate response to infringement to union law , the form and scale of which is quickly evolving , it should be considered , each time where a new union act relevant for the protection of the collective interests of consumers is adopted , whether to amend the annex to the present directive in order to place it under its scope . ### this directive should cover a variety of areas such as data protection , financial services , travel and tourism , energy , telecommunications and environment . it should cover all infringements of provisions of union law which protect the interests of consumers , regardless of whether they are referred to as consumers or as travellers , users , customers , retail investors , retail clients , tenants or other in the relevant union law . to ensure adequate response to infringement to union law , the form and scale of which is quickly evolving , it should be considered , each time where a new union act relevant for the protection of the collective interests of consumers is adopted , whether to amend the annex to the present directive in order to place it under its scope .


### collective out - of - court settlements aimed at providing redress to harmed consumers should be encouraged both before the representative action is brought and at any stage of the representative action . ### collective out - of - court settlements , such as mediation , aimed at providing redress to harmed consumers should be encouraged both before the representative action is brought and at any stage of the representative action .


### this directive shall not prevent member states from adopting or maintaining in force provisions designed to grant qualified entities or any other persons concerned other procedural means to bring actions aimed at the protection of the collective interests of consumers at national level . ### this directive shall not prevent member states from adopting or maintaining in force provisions designed to grant qualified entities or any other persons concerned more extensive or additional rights to bring representative actions aimed at the protection of the collective interests of consumers at national level . this includes national provisions on declaratory decisions in situations where according to the national rules on remedies collective redress is not available .


### ' consumer ' means any natural person who is acting for purposes which are outside their trade , business , craft or profession ; ### ' consumer ' means any natural person who is acting for purposes which are mainly outside their trade , business , craft or profession ;


### it is properly constituted according to the law of a member state ; ### it is properly constituted according to the law of a member state and has competence in respect of the implementation of this directive ;


### member states shall ensure that in cases where a representative action for redress is funded by a third party , it is prohibited for the third party : ### member states shall ensure that in cases where a representative action for redress is funded by a third party , transparency as to the origin of the funds is ensured and that it is prohibited for the third party :


### transfer of duties , change of location of place of work , reduction in wages , change in working hours ; ### transfer of duties , change of location of place of work , reduction in wages and benefits , change in working hours ;


### negative performance assessment or employment reference ; ### negative performance assessment or employment reference , or refusal to provide an employment reference ;


### coercion , intimidation , harassment or ostracism at the workplace ; ### coercion , intimidation , harassment or ostracism at the workplace or failure to address them ;


### in addition to providing legal aid to reporting persons in criminal and in cross - border civil proceedings in accordance with directive 2016 / 1919 and directive 2008 / 52 / ec of the european parliament and of the council63 , and in accordance with national law , member states may provide for further measures of legal and financial assistance and support for reporting persons in the framework of legal proceedings . _________________ 63 directive 2008 / 52 / ec of the european parliament and of the council of 21 may 2008 on certain aspects of mediation in civil and commercial matters . ### in addition to providing legal aid to reporting persons in criminal and in cross - border civil proceedings in accordance with directive 2016 / 1919 and directive 2008 / 52 / ec of the european parliament and of the council63 , and in accordance with national law , member states may provide for further measures of legal and financial assistance and support for reporting persons in the framework of legal proceedings and also in situations in which the reporting person faces threats intended to prevent justice from being done . _________________ 63 directive 2008 / 52 / ec of the european parliament and of the council of 21 may 2008 on certain aspects of mediation in civil and commercial matters .


### member states shall provide for effective , proportionate and dissuasive penalties applicable to persons making malicious or abusive reports or disclosures , including measures for compensating persons who have suffered damage from malicious or abusive reports or disclosures . ### member states shall provide for effective , proportionate and dissuasive penalties applicable to persons making malicious or abusive reports or disclosures , including measures for compensating persons who have suffered damage from malicious or abusive reports or disclosures . this shall not apply to reports and disclosures made in good faith , with reasonable grounds to believe that the facts reported or disclosed were true .


### cepol should ensure that its training integrates relevant developments in research and encourage the creation of stronger partnerships between universities and law enforcement training institutes in the member states . ### cepol should ensure that its training integrates relevant developments in research and encourage the creation of stronger partnerships between universities and law enforcement training institutes in the member states as well as other european union law enforcement agencies in order to create spill - over effects by an enhanced cooperation .


### for the purpose of fulfilling its mission and to the extent required for the performance of its tasks , cepol should be able to cooperate with other european union agencies and relevant bodies , the competent authorities of third countries and the international organisations competent in matters covered by this regulation in the framework of working arrangements concluded in accordance with this regulation or in the framework of working arrangements concluded with national training institutes of third countries on the basis of article 8 of the council decision 2005 / 681 / jha , ### for the purpose of fulfilling its mission and to the extent required for the performance of its tasks , cepol should be able to cooperate with other european union agencies and relevant bodies , the competent authorities of third countries and the international organisations competent in matters covered by this regulation in the framework of working arrangements concluded in accordance with this regulation or in the framework of working arrangements concluded with national training institutes of third countries on the basis of article 8 of the council decision 2005 / 681 / jha ; furthermore cepol should cooperate to the maximum extent possible with other european union agencies with regard to the sharing of administrative services ,


### the seat of cepol shall be in budapest , hungary . ### the provisional seat of cepol shall be in budapest , hungary .


### to deliver scientific , economic and societal impact in pursuit of this general objective , the union should invest in research and innovation through horizon europe - a framework programme for research and innovation 2021 - 2027 to support the creation and diffusion of high - quality knowledge and technologies , to strengthen the impact of research and innovation in developing , supporting and implementing union policies , to support the uptake of innovative solutions in industry and society to address global challenges and promote industrial competitiveness ; to foster all forms of innovation , including breakthrough innovation , and strengthen market deployment of innovative solutions ; and optimise the delivery of such investment for increased impact within a strengthened european research area . ### to deliver scientific , economic and societal impact in pursuit of this general objective , the union should invest in research and innovation through horizon europe - a framework programme for research and innovation 2021 - 2027 to support excellence in research , fundamental research and the creation and diffusion of high - quality knowledge and technologies , to strengthen the impact of research and innovation in developing , supporting and implementing union policies , to support the uptake of innovative solutions in industry and society to address global challenges and promote industrial competitiveness ; to foster all forms of innovation , including breakthrough innovation , and strengthen market deployment of innovative solutions ; and optimise the delivery of such investment for increased impact within a strengthened european research area .


### to deliver scientific , economic and societal impact in pursuit of this general objective , the union should invest in research and innovation through horizon europe - a framework programme for research and innovation 2021 - 2027 to support the creation and diffusion of high - quality knowledge and technologies , to strengthen the impact of research and innovation in developing , supporting and implementing union policies , to support the uptake of innovative solutions in industry and society to address global challenges and promote industrial competitiveness ; to foster all forms of innovation , including breakthrough innovation , and strengthen market deployment of innovative solutions ; and optimise the delivery of such investment for increased impact within a strengthened european research area . ### to deliver scientific , economic and societal impact in pursuit of this general objective , the union should invest in research and innovation through horizon europe - a framework programme for research and innovation 2021 - 2027 to support the creation and diffusion of high - quality knowledge and technologies , to strengthen the impact of research and innovation in achieving sustainable development and supporting and implementing union policies , to support the uptake of innovative solutions in industry and society to address global challenges and promote industrial competitiveness ; to foster all forms of innovation , including breakthrough innovation , and strengthen market deployment of innovative solutions ; and optimise the delivery of such investment for increased impact within a strengthened european research area .


### the activities developed under the programme should aim at eliminating gender inequalities and promoting equality between women and men in research and innovation , in compliance with articles 2 and 3 of the treaty on european union and article 8 of the tfeu . the gender dimension should be adequately integrated in research and innovation content and followed through at all stages of the research cycle . ### the activities developed under the programme should aim at eliminating gender inequalities and promoting equality between women and men in research and innovation , in compliance with articles 2 and 3 of the treaty on european union and article 8 of the tfeu . the gender dimension and gender mainstreaming should be adequately integrated in research and innovation content and followed through at all stages of the research cycle .


### reflecting the importance of tackling climate change in line with the union ' s commitments to implement the paris agreement and the united nations sustainable development goals , this programme will contribute to mainstream climate actions and to the achievement of an overall target of 25 % of the eu budget expenditures supporting climate objectives . ### reflecting the importance of tackling climate change in line with the union ' s commitments to implement the paris agreement and the united nations sustainable development goals as a frontrunner , this programme will contribute to mainstream climate actions and to the swift achievement of an overall target of 30 % of the eu budget expenditures supporting climate objectives as well as to the mainstreaming of the sustainable development goals into all union policies .


### the scope of directive 2000 / 9 / ec should be maintained . this regulation should apply to cableway installations designed to transport persons used in high - altitude tourist resorts or in urban transport facilities . cableway installations are mainly lift systems , such as funicular railways , aerial ropeways , cable cars , gondolas , chairlifts and drag lifts . traction by cable and the passenger transport function are the essential criteria determining the cableway installations covered by this regulation . ### the scope of directive 2000 / 9 / ec should be maintained . this regulation should apply to cableway installations designed to transport persons , typically used in high - altitude tourist resorts or in urban transport facilities . cableway installations are mainly lift systems , such as funicular railways , aerial ropeways , cable cars , gondolas , chairlifts and drag lifts . traction by cable and the passenger transport function are the essential criteria determining the cableway installations covered by this regulation .


### this regulation does not affect the right of the member states to specify the requirements they deem necessary as regards land - use , regional planning and in order to ensure the protection of the environment and of the health and safety of persons and in particular workers when using cableway installations . ### this regulation does not affect the right of the member states to specify the requirements they deem necessary as regards land - use , regional planning and in order to ensure the protection of the environment and of the health and safety of persons and in particular construction workers and operators when using cableway installations .


### when placing on the market a subsystem or a safety component , every importer should indicate on the subsystem or safety component his name , registered trade name or registered trade mark and the postal address at which he can be contacted . exceptions should be provided for in cases where the size or nature of the safety component does not allow it . this includes cases where the importer would have to open the packaging to put his name and address on the safety component . ### when placing on the market a subsystem or a safety component , every importer should indicate on the subsystem or safety component his name , registered trade name or registered trade mark and the postal address at which he can be contacted , as well as a website where available . exceptions should be provided for in cases where the size or nature of the safety component does not allow it . this includes cases where the importer would have to open the packaging to put his name and address on the safety component . in such cases the information should be indicated on the packaging and in the instructions accompanying the safety component .


### a check of compliance of subsystems and safety components with the essential requirements provided for in this regulation is necessary in order to provide effective protection for users and third parties . ### a check of compliance of subsystems and safety components with the essential requirements provided for in this regulation is necessary in order to provide effective protection for construction workers , operators , users and third parties .


### manufacturers shall indicate on the subsystem or the safety component their name , registered trade name or registered trade mark and the postal address at which they can be contacted or , where that is not possible , on the packaging and in the instructions accompanying the safety component . the address shall indicate a single point at which the manufacturer can be contacted . the contact details shall be in a language easily understood by users and the market surveillance authorities as determined by the member state concerned . ### manufacturers shall indicate on the subsystem or the safety component their name , registered trade name or registered trade mark and the postal address at which they can be contacted , as well as a website where available or , where that is not possible , on the packaging and in the instructions accompanying the safety component . the address shall indicate a single point at which the manufacturer can be contacted . the contact details shall be in a language easily understood by users and the market surveillance authorities as determined by the member state concerned .


### manufacturers who consider or have reason to believe that the a subsystem or a safety component which they have placed on the market is not in conformity with this regulation shall immediately take the necessary corrective measures necessary to bring that subsystem or safety component into conformity , to withdraw it or recall it , if appropriate . furthermore , where the subsystem or the safety component presents a risk , manufacturers shall immediately inform the competent national authorities of the member states in which they made the subsystem or the safety component available on the market to that effect , giving details , in particular , of the non - compliance and of any corrective measures taken . ### manufacturers who consider or have reason to believe that the a subsystem or a safety component which they have placed on the market is not in conformity with this regulation shall immediately take the corrective measures necessary to bring that subsystem or safety component into conformity , to withdraw it or recall it , if appropriate , and adequately and effectively warn consumers who are at risk caused by the non - conformity of the product . furthermore , where the subsystem or the safety component presents a risk , manufacturers shall immediately inform the competent national authorities of the member states in which they made the subsystem or the safety component available on the market to that effect , giving details , in particular , of the non - compliance and of any corrective measures taken .


### importers who consider or have reason to believe that a subsystem or a safety component which they have placed on the market is not in conformity with this regulation shall immediately take the corrective measures necessary to bring that subsystem or safety component into conformity , to withdraw it or recall it , if appropriate . furthermore , where the subsystem or the safety component presents a risk , importers shall immediately inform the competent national authorities of the member states in which they made the subsystem or the safety component available on the market to that effect , giving details , in particular , of the non - compliance and of any corrective measures taken . ### importers who consider or have reason to believe that a subsystem or a safety component which they have placed on the market is not in conformity with this regulation shall immediately take the corrective measures necessary to bring that subsystem or safety component into conformity , to withdraw it or recall it , if appropriate and adequately and effectively warn consumers who are risk caused by the non - conformity of the product . furthermore , where the subsystem or the safety component presents a risk , importers shall immediately inform the competent national authorities of the member states in which they made the subsystem or the safety component available on the market to that effect , giving details , in particular , of the non - compliance and of any corrective measures taken .


### distributors who consider or have reason to believe that a subsystem or a safety component which they have made available on the market is not in conformity with this regulation shall make sure that the corrective measures necessary to bring that subsystem or safety component into conformity , to withdraw it or recall it , if appropriate , are taken . furthermore , where the subsystem or the safety component presents a risk , distributors shall immediately inform the competent national authorities of the member states in which they made the subsystem or the safety component available to that effect , giving details , in particular , of the non - compliance and of any corrective measures taken . ### distributors who consider or have reason to believe that a subsystem or a safety component which they have made available on the market is not in conformity with this regulation shall make sure that the corrective measures necessary to bring that subsystem or safety component into conformity , to withdraw it or recall it , if appropriate , are taken , along with the measures to adequately and effectively warn consumers who are at risk caused by the non - conformity of the product . furthermore , where the subsystem or the safety component presents a risk , distributors shall immediately inform the competent national authorities of the member states in which they made the subsystem or the safety component available to that effect , giving details , in particular , of the non - compliance and of any corrective measures taken .


### importers shall , further to a reasoned request from a competent national authority , provide it with all the information and documentation necessary to demonstrate the conformity of a subsystem or a safety component in a language which can be easily understood by that authority . that information and documentation may be provided in paper or electronic form . they shall cooperate with that authority , at its request , on any action taken to eliminate the risks posed by subsystems or safety components which they have placed on the market . ### importers shall , further to a request from a competent national authority , provide it with all the information and documentation necessary to demonstrate the conformity of a subsystem or a safety component in a language which can be easily understood by that authority . that information and documentation may be provided in paper or electronic form . they shall cooperate with that authority , at its request , on any action taken to eliminate the risks posed by subsystems or safety components which they have placed on the market .


### the penalties provided for shall be effective , proportionate and dissuasive . ### the penalties provided for shall be effective , proportionate and dissuasive . the penalties shall have regard to the seriousness , the duration and , where applicable , the intentional character of the infringement . in addition , the penalties shall have regard to whether the relevant economic operator has previously committed a similar infringement .


### elements pointing to possible criminal conduct falling within the competence of the eppo may , in practice , be present in initial allegations received by the office or may emerge only in the course of an administrative investigation opened by the office on the grounds of suspicion of administrative irregularity . in order to comply with its duty to report to the eppo , the office should therefore , as the case may be , report criminal conduct at any stage before or during an investigation . ### elements pointing to possible criminal conduct falling within the competence of the eppo may , in practice , be present in initial allegations received by the office or may emerge only in the course of an administrative investigation opened by the office on the grounds of information verified suspicion of administrative irregularity . in order to comply with its duty to report to the eppo , the office should therefore , as the case may be , report criminal conduct at any stage before or during an investigation .


### in conformity with regulation 2017 / 1939 , the office should in principle not open an administrative investigation parallel to an investigation conducted by the eppo into the same facts . however , in certain cases , the protection of the union’s financial interests may require that the office carry out a complementary administrative investigation before the conclusion of criminal proceedings initiated by the eppo with the purpose of ascertaining whether precautionary measures are necessary , or financial , disciplinary or administrative action should be taken . these complementary investigations may be appropriate , inter alia , when necessary to recover amounts due to the union budget subject to specific time - barring rules , when the amounts at risk are very high , or where there is the need to avoid further expenditure in risk situations through administrative measures . ### in conformity with regulation 2017 / 1939 , the office should in principle not open an administrative investigation parallel to an investigation conducted by the eppo into the same facts . however , in certain cases , the protection of the union’s financial interests may require that the office carry out a complementary administrative investigation before the conclusion of criminal proceedings initiated by the eppo with the purpose of ascertaining whether precautionary measures are necessary , or financial , disciplinary or administrative action should be taken . due to complementarity , such complementary administrative investigations should only be carried out with eppo approval . these complementary investigations may be appropriate , inter alia , when necessary to recover amounts due to the union budget subject to specific time - barring rules , when the amounts at risk are very high , or where there is the need to avoid further expenditure in risk situations through administrative measures .


### regulation 2017 / 1939 provides that the eppo may request such complementary investigations to the office . in cases where the eppo does not request it , such a complementary investigation should also be possible on the initiative of the office , under certain conditions . in particular , the eppo should be able to object to the opening or continuation of an investigation by the office , or to the performance of specific acts of investigation by it . the reasons for this objection should be based on the need to protect the effectiveness of the eppo ' s investigation and should be proportionate to this aim . the office should refrain from performing the action on which the eppo raised an objection . if the eppo does not object , the office investigation should be conducted in close consultation with the eppo . ### regulation 2017 / 1939 provides that the eppo may request such complementary investigations to the office . in cases where the eppo does not request it , such a complementary investigation should also be possible on the initiative of the office , under certain concise conditions . in particular , the eppo should be able to object to the opening or continuation of an investigation by the office , or to the performance of specific acts of investigation by it . the reasons for this objection should be based on the need to protect the effectiveness of the eppo ' s investigation and should be proportionate to this aim . the office should refrain from performing the action on which the eppo raised an objection . if the eppo does not object , the office investigation should be conducted in close consultation with the eppo .


### the member state concerned shall ensure , in accordance with regulation no 2185 / 96 , that the staff of the office are allowed access to all information and documents relating to the matter under investigation which prove necessary in order for the on - the - spot checks and inspection to be carried out effectively and efficiently , and that they are able to assume custody of documents or data to ensure that there is no danger of their disappearance . ### the member state concerned shall ensure , in accordance with regulation no 2185 / 96 , that the staff of the office are allowed access to all information and documents relating to the matter under investigation which prove necessary in order for the on - the - spot checks and inspection to be carried out effectively and efficiently , and that they are able to assume custody of documents or data to ensure that there is no danger of their disappearance or the danger of blocking the economic operator ' s activity .


### during an external investigation , the office may have access to any relevant information and data , irrespective of the medium on which it is stored , held by the institutions , bodies , offices and agencies , connected with the matter under investigation , where necessary in order to establish whether there has been fraud , corruption or any other illegal activity affecting the financial interests of the union . for that purpose article 4 and shall apply . ### during an external investigation , the office may have access to any relevant information and data held by the institutions , bodies , offices and agencies , connected with the matter under investigation , where necessary in order to establish whether there has been fraud , corruption or any other illegal activity affecting the financial interests of the union . for that purpose article 4 and shall apply .


### the office shall have the right of immediate and unannounced access to any relevant information and data , irrespective of the medium on which it is stored , held by the institutions , bodies , offices and agencies , and to their premises . the office shall be empowered to inspect the accounts of the institutions , bodies , offices and agencies . the office may take a copy of , and obtain extracts from , any document or the contents of any data medium held by the institutions , bodies , offices and agencies and , if necessary , assume custody of such documents or data to ensure that there is no danger of their disappearance ; ### the office shall have the right of immediate and unannounced access to any relevant information and data held by the institutions , bodies , offices and agencies , and to their premises . the office shall be empowered to inspect the accounts of the institutions , bodies , offices and agencies . the office may take a copy of , and obtain extracts from , any document or the contents of any data medium held by the institutions , bodies , offices and agencies and , if necessary , assume custody of such documents or data to ensure that there is no danger of their disappearance ;


### reports drawn up by the office shall constitute admissible evidence in criminal proceedings of the member state in which their use proves necessary in the same way and under the same conditions as administrative reports drawn up by national administrative inspectors . they shall be subject to the same evaluation rules as those applicable to administrative reports drawn up by national administrative inspectors and shall have the same evidentiary value as such reports . ### reports drawn up by the office shall constitute admissible evidence in criminal proceedings of the member state in which their use proves necessary in the same way and under the same conditions as administrative reports drawn up by national administrative inspectors . they shall be subject to the same evaluation rules as those applicable to administrative reports drawn up by national administrative inspectors and shall have the same evidentiary value as such reports . in that regard , such reports constitute acts that might adversely affect the persons concerned .


### this regulation should apply to providers of electronic communications services , to providers of publicly available directories , and to software providers permitting electronic communications , including the retrieval and presentation of information on the internet . this regulation should also apply to natural and legal persons who use electronic communications services to send direct marketing commercial communications or collect information related to or stored in end - users’ terminal equipment . ### this regulation should apply to providers of electronic communications services , to providers of publicly available directories , and to providers of software and hardware permitting electronic communications , including the retrieval and presentation of information on the internet . this regulation should also apply to natural and legal persons who use electronic communications services to send direct marketing communications or process information related to or stored in users ' terminal equipment .


### the development of fast and efficient wireless technologies has fostered the increasing availability for the public of internet access via wireless networks accessible by anyone in public and semi - private spaces such as ' hotspots ' situated at different places within a city , department stores , shopping malls and hospitals . to the extent that those communications networks are provided to an undefined group of end - users , the confidentiality of the communications transmitted through such networks should be protected . the fact that wireless electronic communications services may be ancillary to other services should not stand in the way of ensuring the protection of confidentiality of communications data and application of this regulation . therefore , this regulation should apply to electronic communications data using electronic communications services and public communications networks . in contrast , this regulation should not apply to closed groups of end - users such as corporate networks , access to which is limited to members of the corporation . ### the development of fast and efficient wireless technologies has fostered the increasing availability for the public of internet access via wireless networks accessible by anyone in public and semi - private spaces such as wi - fi access points situated at different places within a city , for example department stores , shopping centres and hospitals , as well as airports , public transport , hotels and restaurants . those wi - fi access points might require a login or a password and might be provided also by public administrations . to the extent that those communications networks are provided to users , the confidentiality of the communications transmitted through such networks should be protected . the fact that wireless electronic communications services may be ancillary to other services should not stand in the way of ensuring the protection of confidentiality of communications data and application of this regulation . therefore , this regulation should apply to electronic communications data using electronic communications services and public communications networks . in addition , this regulation should apply to closed social media profiles and groups that the user has restricted or defined as private . in contrast , this regulation should not apply to closed groups of end - users such as corporate intranet networks , access to which is limited to members of an organisation .


### exceptions to the obligation to obtain consent to make use of the processing and storage capabilities of terminal equipment or to access information stored in terminal equipment should be limited to situations that involve no , or only very limited , intrusion of privacy . for instance , consent should not be requested for authorizing the technical storage or access which is strictly necessary and proportionate for the legitimate purpose of enabling the use of a specific service explicitly requested by the end - user . this may include the storing of cookies for the duration of a single established session on a website to keep track of the end - user’s input when filling in online forms over several pages . cookies can also be a legitimate and useful tool , for example , in measuring web traffic to a website . information society providers that engage in configuration checking to provide the service in compliance with the end - user ' s settings and the mere logging of the fact that the end - user’s device is unable to receive content requested by the end - user should not constitute access to such a device or use of the device processing capabilities . ### exceptions to the obligation to obtain consent to make use of the processing and storage capabilities of terminal equipment or to access information stored in terminal equipment should be limited to situations that involve no , or only very limited , intrusion of privacy . for instance , consent should not be requested for authorizing the technical storage or access which is strictly necessary and proportionate for the legitimate purpose of enabling the use of a specific service explicitly requested by the user . this may include the storing of information for the duration of a single established session on a website to keep track of the user ' s input when filling in online forms over several pages . tracking techniques , if implemented with appropriate privacy safeguards , can also be a legitimate and useful tool , for example , in measuring web traffic to a website . information society providers could engage in configuration checking in order to provide the service in compliance with the user ' s settings and the mere logging revealing the fact that the user ' s device is unable to receive content requested by the user , should not constitute illegitimate access .


### the methods used for providing information and obtaining end - user ' s consent should be as user - friendly as possible . given the ubiquitous use of tracking cookies and other tracking techniques , end - users are increasingly requested to provide consent to store such tracking cookies in their terminal equipment . as a result , end - users are overloaded with requests to provide consent . the use of technical means to provide consent , for example , through transparent and user - friendly settings , may address this problem . therefore , this regulation should provide for the possibility to express consent by using the appropriate settings of a browser or other application . the choices made by end - users when establishing its general privacy settings of a browser or other application should be binding on , and enforceable against , any third parties . web browsers are a type of software application that permits the retrieval and presentation of information on the internet . other types of applications , such as the ones that permit calling and messaging or provide route guidance , have also the same capabilities . web browsers mediate much of what occurs between the end - user and the website . from this perspective , they are in a privileged position to play an active role to help the end - user to control the flow of information to and from the terminal equipment . more particularly web browsers may be used as gatekeepers , thus helping end - users to prevent information from their terminal equipment from being accessed or stored . ### the methods used for providing information and obtaining end - user ' s consent should be as user - friendly as possible . given the ubiquitous use of tracking cookies and other tracking techniques , users are increasingly requested to provide consent to store such tracking cookies in their terminal equipment . as a result , users are overloaded with requests to provide consent . the use of technical means to provide consent , for example , through transparent and user - friendly settings , may address this problem . therefore , this regulation should prevent the use of so - called ' cookie walls ' and ' cookie banners ' that do not help users to maintain control over their personal information and privacy or become informed about their rights . this regulation should provide for the possibility to express consent by technical specifications , for instance by using the appropriate settings of a browser or other application . those settings should include choices concerning the storage of information on the user ' s terminal equipment as well as a signal sent by the browser or other application indicating the user ' s preferences to other parties . the choices made by users when establishing the general privacy settings of a browser or other application should be binding on , and enforceable against , any third parties . in this sense , settings must be granular enough to control all data processing that the user consents to and to cover all relevant functionalities . devices and software applications enabling electronic communications should implement technical mechanisms such as the do not track standard to ensure that users ' privacy is protected by default and that users are given genuine choice and control .


### the principles of data protection by design and by default were codified under article 25 of regulation 2016 / 679 . currently , the default settings for cookies are set in most current browsers to ‘ accept all cookies’ . therefore providers of software enabling the retrieval and presentation of information on the internet should have an obligation to configure the software so that it offers the option to prevent third parties from storing information on the terminal equipment ; this is often presented as ‘ reject third party cookies’ . end - users should be offered a set of privacy setting options , ranging from higher to lower and intermediate . such privacy settings should be presented in a an easily visible and intelligible manner . ### the principles of data protection by design and by default are codified under article 25 of regulation 2016 / 679 . hardware manufacturers and providers of software permitting electronic communications should have an obligation to configure devices and software so that their default settings provide the highest level of privacy protection possible , protecting users ' against cross - domain tracking and unauthorised interferences with their communications and terminal equipment . users should be informed about the default privacy settings and any available options to change those settings during installation or first use of the device or software and when they make significant changes to it . privacy settings should be presented in an objective , easily visible and intelligible manner . they should be easily accessible and modifiable during the use of the device or software . information provided should not incentivise users to select lower privacy settings and should include relevant information about the risks associated with each setting .


### each supervisory authority should be competent on the territory of its own member state to exercise the powers and to perform the tasks set forth in this regulation . in order to ensure consistent monitoring and enforcement of this regulation throughout the union , the supervisory authorities should have the same tasks and effective powers in each member state , without prejudice to the powers of prosecutorial authorities under member state law , to bring infringements of this regulation to the attention of the judicial authorities and engage in legal proceedings . member states and their supervisory authorities are encouraged to take account of the specific needs of micro , small and medium - sized enterprises in the application of this regulation . ### each supervisory authority should be competent on the territory of its own member state to exercise the powers and to perform the tasks set forth in this regulation . in order to ensure consistent monitoring and enforcement of this regulation throughout the union , the supervisory authorities should have the same tasks and effective powers in each member state , without prejudice to the powers of prosecutorial authorities under member state law , to bring infringements of this regulation to the attention of the judicial authorities and engage in legal proceedings . member states and their supervisory authorities are encouraged to take account of the specific needs of micro , small and medium - sized enterprises in the application of this regulation . supervisory authorities should cooperate with the relevant authorities in other enforcement areas as appropriate .


### where the provider of an electronic communications service is not established in the union it shall designate in writing a representative in the union . ### where the provider of an electronic communications service , provider of a publicly available directory , software provider enabling electronic communications or person sending direct marketing commercial communications or collecting information related to or stored in the end - users terminal equipment is not established in the union it shall designate in writing a representative in the union .


### electronic communications data shall be confidential . any interference with electronic communications data , such as by listening , tapping , storing , monitoring , scanning or other kinds of interception , surveillance or processing of electronic communications data , by persons other than the end - users , shall be prohibited , except when permitted by this regulation . ### electronic communications shall be confidential . any interference , with electronic communications at rest or in transit , such as by listening , tapping , storing , monitoring , scanning or other kinds of interception , surveillance or any processing of electronic communications , by persons other than the users , shall be prohibited , except when permitted by this regulation .


### the general objective of the programme ' neighbourhood , development and international cooperation instrument ' should be to uphold and promote the union ' s values and interests worldwide in order to pursue the objectives and principles of the union ' s external action , as laid down in article 3 , articles 8 and 21 of the treaty on european union . ### the general objective of the programme ' neighbourhood , development and international cooperation instrument ' should be to uphold and promote sustainable development , environment and biodiversity protection , fight climate change , eradicate poverty and tackle inequalities as part of the union ' s values and interests worldwide in order to pursue the objectives and principles of the union ' s external action , as laid down in article 3 , articles 8 , 21 and 208 of the treaty on european union .


### the implementation of this regulation should be guided by the five priorities established in the global strategy for the european union’s foreign and security policy , presented on 19 june 2016 , which represents the union ' s vision and the framework for united and responsible external engagement in partnership with others , to advance its values and interests . the union should enhance partnerships , promote policy dialogue and collective responses to challenges of global concern . its action should support the union’s interests and values in all its aspects , including preserving peace , preventing conflicts , strengthening international security , fighting root causes of irregular migration and assisting populations , countries and regions confronting natural or man - made disasters , supporting trade policy , economic diplomacy and economic cooperation , promoting digital solutions and technologies , and fostering the international dimension of union’s policies . in promoting its interests , the union should comply with , and promote , the principles of respect for high social and environmental standards , for the rule of law , for international law and for human rights . ### the application of this regulation should be based on the five priorities established in the global strategy for the european union’s foreign and security policy , presented on 19 june 2016 , which represents the union ' s vision and the framework for united and responsible external engagement in partnership with others , to advance its values and interests . the union should enhance partnerships , promote policy dialogue and collective responses to challenges of global concern . its action should support the union’s interests and values in all its aspects , including promoting democracy and human rights , preserving peace , conflict prevention , mediation and post - conflict reconstruction that includes promoting the role of women at all stages , strengthening international security , addressing root causes of forced migration and displacement and assisting populations , countries and regions confronting natural or man - made disasters , fostering economic reforms , bringing about the conditions to create an international legal framework for the protection of persons displaced due to climate change , supporting a fair , sustainable and rules and value - based trade policy as a tool for development and to bring improvements to the rule of law and human rights , including the promotion of an international ban on trade in goods used for torture and capital punishment , economic diplomacy and economic cooperation , promoting digital solutions and technologies , addressing global public health threats and fostering the international dimension of the union’s policies . in promoting its interests , the union should comply with , and promote , the principles of respect for high social , labour and environmental standards including with regard to climate change , for the rule of law , and for international law , including with respect to humanitarian and international human rights law .


### the implementation of this regulation should be guided by the five priorities established in the global strategy for the european union’s foreign and security policy 59 , presented on 19 june 2016 , which represents the union ' s vision and the framework for united and responsible external engagement in partnership with others , to advance its values and interests . the union should enhance partnerships , promote policy dialogue and collective responses to challenges of global concern . its action should support the union’s interests and values in all its aspects , including preserving peace , preventing conflicts , strengthening international security , fighting root causes of irregular migration and assisting populations , countries and regions confronting natural or man - made disasters , supporting trade policy , economic diplomacy and economic cooperation , promoting digital solutions and technologies , and fostering the international dimension of union’s policies . in promoting its interests , the union should comply with , and promote , the principles of respect for high social and environmental standards , for the rule of law , for international law and for human rights . _________________ 59 ' shared vision , common action : a stronger europe . a global strategy for the european union ' s foreign and security policy ' , june 2016 . ### the implementation of this regulation should be guided by the five priorities established in the global strategy for the european union’s foreign and security policy 59 , presented on 19 june 2016 , which represents the union ' s vision and the framework for united and responsible external engagement in partnership with others , to advance its values and interests . the union should enhance partnerships , promote policy dialogue and collective responses to challenges of global concern . its action should support the union’s interests and values in all its aspects , including preserving lasting peace , preventing conflicts , strengthening international security , fighting root causes of irregular migration and population displacements and assisting populations , countries and regions confronting natural or man - made disasters , fostering inclusive and equitable quality education as a tool for development and poverty eradication , supporting trade policy , economic and cultural diplomacy and economic cooperation , promoting innovation digital solutions and technologies , protecting cultural heritage especially in conflict areas and fostering the international dimension of union’s policies . in promoting its interests , the union should comply with , and promote , the principles of respect for high social and environmental standards , for the rule of law , for international law and for human rights . _________________ 59 ' shared vision , common action : a stronger europe . a global strategy for the european union ' s foreign and security policy ' , june 2016 .


### the new european consensus on development 60 , signed on 7 june 2017 , provides the framework for a common approach to development cooperation by the union and its member states to implement the 2030 agenda and the addis ababa action agenda . eradicating poverty , tackling discrimination and inequalities , leaving no one behind and strengthening resilience are at the heart of development cooperation policy . _________________ 60 ' the new european consensus on development ' our world , our dignity , our future ' ' , joint statement by the council and the representatives of the governments of the member states meeting within the council , the european parliament and the european commission , 8 june 2017 . ### the new european consensus on development 60 , signed on 7 june 2017 , provides the framework for a common approach to development cooperation by the union and its member states to implement the 2030 agenda and the addis ababa action agenda which seeks to bring about sustainable development and accelerate transformation by placing an emphasis on cross - cutting elements of development policy such as gender equality , youth , investment and trade , sustainable energy and climate action , good governance , democracy , the rule of law and human rights , and migration and mobility , in order to contribute with the entirety of the union’s external policies , including the common commercial policy , and to the goals defined in the united nations 2030 agenda for sustainable development . eradicating poverty , tackling discrimination and inequalities , leaving no one behind and strengthening resilience are at the heart of development cooperation policy . _________________ 60 ' the new european consensus on development ' our world , our dignity , our future ' ' , joint statement by the council and the representatives of the governments of the member states meeting within the council , the european parliament and the european commission , 8 june 2017 .


### the new european consensus on development 60 , signed on 7 june 2017 , provides the framework for a common approach to development cooperation by the union and its member states to implement the 2030 agenda and the addis ababa action agenda . eradicating poverty , tackling discrimination and inequalities , leaving no one behind and strengthening resilience are at the heart of development cooperation policy . _________________ 60 ' the new european consensus on development ' our world , our dignity , our future ' ' , joint statement by the council and the representatives of the governments of the member states meeting within the council , the european parliament and the european commission , 8 june 2017 . ### the new european consensus on development 60 , signed on 7 june 2017 , provides the framework for a common approach to development cooperation by the union and its member states to implement the 2030 agenda and the addis ababa action agenda . eradicating poverty , tackling discrimination and inequalities , leaving no one behind and strengthening resilience must underpin the implementation of the regulation . _________________ 60 ' the new european consensus on development ' our world , our dignity , our future ' ' , joint statement by the council and the representatives of the governments of the member states meeting within the council , the european parliament and the european commission , 8 june 2017 .


### in accordance with the global strategy and the sendai framework for disaster risk reduction as adopted on 18 march 201561 , recognition should be given to the need to move away from crisis response and containment to a more structural , long - term approach that more effectively addresses situations of fragility , natural and man - made disasters , and protracted crises . greater emphasis and collective approaches are required on risk reduction , prevention , mitigation and preparedness ; and further efforts are required to enhance swift response and a durable recovery . this regulation should therefore contribute to strengthening resilience and linking humanitarian aid and development action through rapid response actions . _________________ 61 ' sendai framework for disaster risk reduction ' , adopted on 18 march 2015 and endorsed by the united nations general assembly on 3 june 2015 . ### in accordance with the global strategy and the sendai framework for disaster risk reduction as adopted on 18 march 201561 , recognition should be given to the need to move away from crisis response and containment to a more structural , long - term approach that more effectively addresses situations of fragility , natural and man - made disasters , and protracted crises . greater emphasis and collective approaches are required on risk reduction , prevention , mitigation and preparedness ; and further efforts are required to enhance swift response and a durable recovery . this regulation should therefore contribute to strengthening resilience and linking humanitarian aid and development action , including through rapid response actions . _________________ 61 ' sendai framework for disaster risk reduction ' , adopted on 18 march 2015 and endorsed by the united nations general assembly on 3 june 2015 .


### in line with the international commitments of the union on development effectiveness as adopted in busan in 2011 and renewed at the nairobi high level forum in 2016 and recalled in the consensus , the union’s development cooperation should apply the development effectiveness principles , namely ownership of development priorities by developing countries , a focus on results , inclusive development partnerships as well as transparency and accountability . ### in line with the international commitments of the union on development effectiveness as adopted in busan in 2011 and renewed at the nairobi high level forum in 2016 and recalled in the consensus , the union’s development cooperation should apply the development effectiveness principles , namely ownership of development priorities by developing countries , a focus on results , alignment , harmonisation , inclusive development partnerships as well as transparency and accountability .


### in line with the international commitments of the union on development effectiveness as adopted in busan in 2011 and renewed at the nairobi high level forum in 2016 and recalled in the consensus , the union’s development cooperation should apply the development effectiveness principles , namely ownership of development priorities by developing countries , a focus on results , inclusive development partnerships as well as transparency and accountability . ### in line with the international commitments of the union on development effectiveness as adopted in busan in 2011 and renewed at the nairobi high level forum in 2016 and recalled in the consensus , the union should in the context of its official development assistance , across all aid modalities , apply the development effectiveness principles , namely ownership of development priorities by developing countries , a focus on results , inclusive development partnerships as well as transparency and accountability .


### this regulation should contribute to the collective union objective of providing 0 . 7% of gross national income as official development assistance within the timeframe of the 2030 agenda . in that regard , at least 92% of the funding under this regulation should contribute to actions designed in such a way that they fulfil the criteria for official development assistance as established by the development assistance committee of the organisation for economic cooperation and development . ### this regulation must contribute to the collective union objective of providing 0 . 7% of gross national income as official development assistance within the timeframe of the 2030 agenda . this commitment should be based on a clear roadmap for the eu and its member states to set out deadlines and modalities for its achievement . in that regard , at least 95% of the funding under this regulation should contribute to actions designed in such a way that they fulfil the criteria for official development assistance as established by the development assistance committee of the organisation for economic cooperation and development .


### in order to ensure resources are provided to where the need is greatest , especially to the least developed countries and the countries in situation of fragility and conflict , this regulation should contribute to the collective target of reaching 0 . 20% of the union gross national income towards least developed countries within the timeframe of the 2030 agenda . ### in order to ensure resources are provided to where the need is greatest , especially to the least developed countries and the countries in situation of fragility and conflict , this regulation must contribute to the collective target of reaching 0 . 20% of the union gross national income towards least developed countries within the timeframe of the 2030 agenda . this commitment should be based on a clear roadmap for the eu and its member states to set out deadlines and modalities for its achievement .


### this regulation should reflect the need to focus on strategic priorities , both geographically – the european neighbourhood and africa , as well as countries that are fragile and most in need , but also thematically – security , migration , climate change and human rights . ### this regulation should reflect the need to focus on strategic priorities , both geographically –the european neighbourhood and africa , as well as countries that are fragile and most in need , but also thematically – security , migration , climate change , education and culture , youth inclusion , citizens´ participation , good governance , gender equality , democracy and human rights .


### the european neighbourhood policy , as reviewed in 201562 , aims at the stabilisation of neighbouring countries and strengthening resilience , particularly by boosting economic development , as the union ' s main political priorities . in order to attain its objective , the reviewed european neighbourhood policy has been focusing on four priority areas : good governance , democracy , the rule of law and human rights , with a particular focus in engaging further with civil society ; economic development ; security ; migration and mobility , including tackling the root causes of irregular migration and forced displacement . differentiation and enhanced mutual ownership are the hallmark of the european neighbourhood policy , recognising different levels of engagement , and reflecting the interests of each country concerning the nature and focus of its partnership with the union . _________________ 62 joint communication to the european parliament , the council , the european economic and social committee and the committee of the regions , ' review of the european neighbourhood policy ' , 18 november 2015 . ### the european neighbourhood policy , as reviewed in 201562 , aims at the stabilisation of neighbouring countries and strengthening resilience , particularly by boosting economic development , as the union ' s main political priorities . in order to attain its objective , the reviewed european neighbourhood policy has been focusing on four priority areas : good governance , democracy , the rule of law and human rights , with a particular focus in engaging further with civil society , promoting quality education and training and a people - to - people approach ; economic and social development ; security ; migration and mobility , including tackling the root causes of irregular migration and forced displacement , including through education and cultural cooperation . differentiation and enhanced mutual ownership are the hallmark of the european neighbourhood policy , recognising different levels of engagement , and reflecting the interests of each country concerning the nature and focus of its partnership with the union . _________________ 62 joint communication to the european parliament , the council , the european economic and social committee and the committee of the regions , ' review of the european neighbourhood policy ' , 18 november 2015 .


### this regulation should support the implementation of a modernised association agreement with countries of the africa , caribbean and pacific group of states and allow the eu and its acp partners to develop further strong alliances on key global challenges . in particular , this regulation should support the continuation of the established cooperation between the union and the african union in line with the joint africa - eu strategy and build on the future eu - acp agreement after 2020 , including through a continental approach towards africa . ### this regulation should support the implementation of a modernised association agreement with countries of the africa , caribbean and pacific group of states and allow the eu and its acp partners to develop further strong alliances on key global challenges . in particular , this regulation should support the continuation of the established cooperation between the union and the african union in line with the joint africa - eu strategy , including the engagement from africa and the eu to promote children’s rights as well as the empowerment of europe’s and africa’s youth , and build on the future eu - acp agreement after 2020 , including through a continental approach towards africa .


### funding from this regulation should be used to finance actions under the international dimension of erasmus , the implementation of which should be done according to the erasmus regulation68 . _________________ 68 com 367 final proposal for a regulation of the european parliament and of the council establishing ‘ erasmus’ : the union programme for education , training , youth and sport and repealing regulation 1288 / 2013 ### funding from this regulation should be used to finance actions under the international dimension of erasmus and creative europe , the implementation of which should be done according to the erasmus regulation68 and the creative europe regulation68a . _________________ 68 com 367 final proposal for a regulation of the european parliament and of the council establishing ‘ erasmus’ : the union programme for education , training , youth and sport and repealing regulation 1288 / 2013 ; 68a com final proposal for a regulation of the european parliament and of the council establishing the creative europe programme and repealing regulation no 1295 / 2013 .


### whilst democracy and human rights , including gender equality and women’s empowerment should be reflected throughout the implementation of this regulation , union assistance under the thematic programmes for human rights and democracy and civil society organisations should have a specific complementary and additional role by virtue of its global nature and its independence of action from the consent of the governments and public authorities of the third countries concerned . ### whilst democracy and human rights , including gender equality and women’s and youth empowerment should be reflected throughout the implementation of this regulation , union assistance under the thematic programmes for human rights and democracy and civil society organisations should have a specific complementary and additional role by virtue of its global nature and its independence of action from the consent of the governments and public authorities of the third countries concerned .


### reflecting the importance of tackling climate change in line with the union commitments to implement the paris agreement and the united nations sustainable development goals , this regulation should contribute to mainstream climate action in the union policies and to the achievement of an overall target of 25 % of the union budget expenditures supporting climate objectives . actions under this regulation are expected to contribute 25% of its overall financial envelope to climate objectives . relevant actions will be identified during the implementation of this regulation , and the overall contribution from this regulation should be part of relevant evaluations and review processes . ### reflecting the importance of tackling climate change in line with the union commitments to implement the paris agreement and the united nations sustainable development goals , this regulation should contribute to mainstream climate action in the union policies and to the achievement of an overall target of at least 25 % of the union budget expenditures supporting climate objectives over the 2021 - 2027 period , and 30 % as soon as possible , at the latest by 2027 . actions under this regulation are expected to contribute 35% of its overall financial envelope to climate objectives . relevant actions will be identified during the implementation of this regulation , and the overall contribution from this regulation should be part of relevant evaluations and review processes .


### reflecting the importance of tackling climate change in line with the union commitments to implement the paris agreement and the united nations sustainable development goals , this regulation should contribute to mainstream climate action in the union policies and to the achievement of an overall target of 25 % of the union budget expenditures supporting climate objectives . actions under this regulation are expected to contribute 25% of its overall financial envelope to climate objectives . relevant actions will be identified during the implementation of this regulation , and the overall contribution from this regulation should be part of relevant evaluations and review processes . ### reflecting the importance of tackling climate change and biodiversity loss , protecting the environment , in line with the union commitments to implement the paris agreement and the united nations sustainable development goals , and the convention on biological diversity , this regulation should contribute to mainstream climate and environmental action in the union policies and to the achievement of an overall target of 45% of the union budget expenditures supporting climate objectives . actions under this regulation are expected to contribute 50% of its overall financial envelope to climate and environmental related objectives . relevant actions will be identified during the implementation of this regulation , and the overall contribution from this regulation should be part of relevant evaluations and review processes . as a general principle , all union action and expenditure should be consistent with the objectives of the paris agreement , as well as with the sustainable development goals , and not contribute to environmental degradation .