Council Decision (EU) 2024/2734 of 21 October 2024 on the financial contributions to be paid by the parties to the European Development Fund as a third instalment for 2024
Date: 2024-10-21
Institutions: Council of the European Union
Subjects: EU Member State, European Development Fund, European Investment Bank, Member States' contribution, United Kingdom, financial aid, financial control, withdrawal from the EU




L_202402734EN.000101.fmx.xml












Official Journal of the European Union


EN
L series













2024/2734


22.10.2024







            COUNCIL DECISION (EU) 2024/2734
         
of 21 October 2024
         
on the financial contributions to be paid by the parties to the European Development Fund as a third instalment for 2024


THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union,


Having regard to the Internal Agreement between the Representatives of the Governments of the Member States of the European Union, meeting within the Council, on the financing of European Union aid under the multiannual financial framework for the period 2014 to 2020, in accordance with the ACP-EU Partnership Agreement and on the allocation of financial assistance for the Overseas Countries and Territories to which Part Four of the Treaty on the Functioning of the European Union applies (1), and in particular Article 7(2) in conjunction with Article 14(3) thereof,


Having regard to the Council Regulation (EU) 2018/1877 of 26 November 2018 on the financial regulation applicable to the 11th European Development Fund, and repealing Regulation (EU) 2015/323 (2), and in particular Article 19(5) thereof,


Having regard to the proposal from the European Commission,

Whereas:







(1)


In accordance with Article 46 of Regulation (EU) 2018/1877, the European Investment Bank (EIB) is to send to the Commission its updated estimates of commitments and payments under the instruments it manages.












(2)


In accordance with Article 19(5) of Regulation (EU) 2018/1877, the Commission is to present a proposal by 10 October 2024, specifying the amount of the third instalment of the contribution for 2024.












(3)


Pursuant to Article 20(1) of Regulation (EU) 2018/1877, calls for contributions are to first use up the amounts provided for in previous European Development Funds (EDF). Therefore, a call for funds pursuant to Regulation (EU) 2018/1877 should be made for the EIB and for the Commission.












(4)


Pursuant to Article 152 of the Agreement on the withdrawal of the United Kingdom of Great Britain and Northern Ireland from the European Union and the European Atomic Energy Community (the ‘Withdrawal Agreement’), the United Kingdom of Great Britain and Northern Ireland (the ‘United Kingdom’) is to remain party to the EDF until the closure of the 11th EDF and all previous unclosed EDFs. However, pursuant to Article 153 of the Withdrawal Agreement, the United Kingdom’s share in decommitted funds from projects under the 11th EDF, where those funds have been decommitted after 31 December 2020, or previous EDFs is not to be reused.












(5)


Council Decision (EU) 2023/2586 (3) sets the annual amount of the contribution to be paid by the parties to the EDF for 2024 at EUR 1 200 000 000 for the Commission, and at EUR 300 000 000 for the EIB.












(6)


In order to allow for the prompt application of the measures provided for in this Decision, this Decision should enter into force on the day of its publication in the Official Journal of the European Union,





HAS ADOPTED THIS DECISION:



Article 1
The amount of the contributions to be paid by the parties to the European Development Fund (EDF) as the third instalment for 2024 is hereby set at EUR 350 000 000. It shall be paid as follows:






(a)


for the Commission, EUR 250 000 000; and










(b)


for the European Investment Bank (EIB), EUR 100 000 000.






Article 2
The individual EDF contributions shall be paid by the parties to the EDF to the Commission and to the EIB as the third instalment for 2024, as set out in the Annex.


Article 3
This Decision shall enter into force on the date of its publication in the Official Journal of the European Union.




Done at Luxembourg, 21 October 2024.


For the Council


The President


               NAGY I.





(1)  
            OJ L 210, 6.8.2013, p. 1.

(2)  
            OJ L 307, 3.12.2018, p. 1.

(3)  Council Decision (EU) 2023/2586 of 13 November 2023 on the financial contributions to be paid by the parties to the European Development Fund to finance that fund, specifying the ceiling for 2025, the annual amount for 2024, the amount of the first instalment for 2024 and an indicative, non-binding forecast for the expected annual amounts of contributions for the years 2026 and 2027 (OJ L, 2023/2586, 15.11.2023, ELI: http://data.europa.eu/eli/dec/2023/2586/oj).




ANNEX
Third instalment of EDF contributions for 2024 (EUR)









MEMBER STATES & UK


Key 11th EDF %


3rd instalment 2024 (EUR)


Total




Commission


EIB




11th EDF


11th EDF




BELGIUM


3,24927 


8 123 175 


3 249 270 


11 372 445 




BULGARIA


0,21853 


546 325 


218 530 


764 855 




CZECHIA


0,79745 


1 993 625 


797 450 


2 791 075 




DENMARK


1,98045 


4 951 125 


1 980 450 


6 931 575 




GERMANY


20,57980 


51 449 500 


20 579 800 


72 029 300 




ESTONIA


0,08635 


215 875 


86 350 


302 225 




IRELAND


0,94006 


2 350 150 


940 060 


3 290 210 




GREECE


1,50735 


3 768 375 


1 507 350 


5 275 725 




SPAIN


7,93248 


19 831 200 


7 932 480 


27 763 680 




FRANCE


17,81269 


44 531 725 


17 812 690 


62 344 415 




CROATIA


0,22518 


562 950 


225 180 


788 130 




ITALY


12,53009 


31 325 225 


12 530 090 


43 855 315 




CYPRUS


0,11162 


279 050 


111 620 


390 670 




LATVIA


0,11612 


290 300 


116 120 


406 420 




LITHUANIA


0,18077 


451 925 


180 770 


632 695 




LUXEMBOURG


0,25509 


637 725 


255 090 


892 815 




HUNGARY


0,61456 


1 536 400 


614 560 


2 150 960 




MALTA


0,03801 


95 025 


38 010 


133 035 




NETHERLANDS


4,77678 


11 941 950 


4 776 780 


16 718 730 




AUSTRIA


2,39757 


5 993 925 


2 397 570 


8 391 495 




POLAND


2,00734 


5 018 350 


2 007 340 


7 025 690 




PORTUGAL


1,19679 


2 991 975 


1 196 790 


4 188 765 




ROMANIA


0,71815 


1 795 375 


718 150 


2 513 525 




SLOVENIA


0,22452 


561 300 


224 520 


785 820 




SLOVAKIA


0,37616 


940 400 


376 160 


1 316 560 




FINLAND


1,50909 


3 772 725 


1 509 090 


5 281 815 




SWEDEN


2,93911 


7 347 775 


2 939 110 


10 286 885 




UNITED KINGDOM (*1)



14,67862 


36 696 550 


14 678 620 


51 375 170 




TOTAL EU-27 & UK


100,00 


250 000 000 


100 000 000 


350 000 000 






(*1)  Further to Article 153 of the Withdrawal Agreement, in March 2023 the United Kingdom formally requested that the Commission refund the United Kingdom’s outstanding share of the 10th and 11th EDF reserves by netting out the United Kingdom’s outstanding contribution. This netting-out will be reflected in the respective payment instructions.



ELI: http://data.europa.eu/eli/dec/2024/2734/oj
ISSN 1977-0677 (electronic edition)