Council Decision (EU) 2025/93 of 10 January 2025 on the position to be taken on behalf of the European Union in the written procedure by the Participants to the Arrangement on Officially Supported Export Credits as regards the adoption of a decision on amendments to that Arrangement
Date: 2025-01-10
Institutions: Council of the European Union
Subjects: EU energy policy, State aid, carbon capture and storage, coal, export aid, export credit, pollution control measures, power plant, revision of an agreement, sectoral agreement








L_202500093EN.000101.fmx.xml












Official Journal of the European Union


EN
L series













2025/93


16.1.2025







            COUNCIL DECISION (EU) 2025/93
         
of 10 January 2025
         
on the position to be taken on behalf of the European Union in the written procedure by the Participants to the Arrangement on Officially Supported Export Credits as regards the adoption of a decision on amendments to that Arrangement


THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty on the Functioning of the European Union, and in particular Article 207(4), first subparagraph, in conjunction with Article 218(9) thereof,


Having regard to the proposal from the European Commission,

Whereas:







(1)


The guidelines contained in the Arrangement on Officially Supported Export Credits (the ‘Arrangement’), developed within the framework of the Organisation for Economic Cooperation and Development (OECD), have been transposed and thus been made legally binding in the Union by virtue of Regulation (EU) No 1233/2011 of the European Parliament and of the Council (1).












(2)


Article 6 of the Arrangement currently bans the provision of any export credit or tied aid support to coal-fired electricity generation plants that do not have effective carbon capture and storage, except where the export credit or tied aid support is used to provide equipment to reduce pollution, which does not extend the useful lifetime of such a plant.












(3)


In accordance with Article 6 of the Arrangement, the Participants to the Arrangement (the ‘Participants’) were to review it by 31 December 2022 with a view to further strengthening its terms and conditions in order to contribute to the common goal of addressing climate change.












(4)


In its conclusions of 15 March 2022, the Council announced the intention by the Member States to determine by the end of 2023 in their national policies their own science-based deadlines for ending officially supported export credits to fossil fuel energy sector projects, except in limited and clearly defined circumstances that are consistent with a 1,5 oC warming limit and the goals of the Paris Agreement adopted under the United Nations Framework Convention on Climate Change (2).












(5)


The Participants have agreed to adopt in a written procedure a decision introducing one new article and amending Article 6. The envisaged decision would require the OECD Secretariat to prepare a public report on transactions in the energy sector annually.












(6)


It is appropriate to establish the position to be taken on the Union’s behalf regarding the decision of the Participants on amendments to the Arrangement, as that decision will be binding on the Union and will be capable of decisively influencing the content of Union law, by virtue of Article 2 of Regulation (EU) No 1233/2011.












(7)


The position of the Union should therefore be to support the decision on amendments to the Arrangement based on the draft text attached to this Decision,





HAS ADOPTED THIS DECISION:



Article 1
The position to be taken on the Union’s behalf in the written procedure by the Participants to the Arrangement on Officially Supported Export Credits (the ‘Arrangement’) as regards the adoption of a decision on amendments to the Arrangement shall be to support that decision based on the draft text attached to this Decision (3).


Article 2
This Decision shall enter into force on the date of its adoption.




Done at Brussels, 10 January 2025.


For the Council


The President

A. SZŁAPKA
            





(1)  Regulation (EU) No 1233/2011 of the European Parliament and of the Council of 16 November 2011 on the application of certain guidelines in the field of officially supported export credits and repealing Council Decisions 2001/76/EC and 2001/77/EC (OJ L 326, 8.12.2011, p. 45, ELI: http://data.europa.eu/eli/reg/2011/1233/oj).

(2)  
            
OJ L 282, 19.10.2016, p. 4.

(3)  See document ST 16807/24 ADD 1 on http://register.consilium.europa.eu.


ELI: http://data.europa.eu/eli/dec/2025/93/oj
ISSN 1977-0677 (electronic edition)