1Council 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

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 OJ L 210, 6.8.2013, p. 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 OJ L 307, 3.12.2018, p. 1. , 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 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).

sets the annual amount of the contribution to be paid by the parties to the EDF for 2024 at EUR 1200000000 for the Commission, and at EUR 300000000 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 350000000. It shall be paid as follows: (a) for the Commission, EUR 250000000; and (b) for the European Investment Bank (EIB), EUR 100000000.

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.

Annex

ANNEX Third instalment of EDF contributions for 2024 (EUR) 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. MEMBER STATES & UKKey 11th EDF %3rd instalment 2024 (EUR)TotalCommissionEIB11th EDF11th EDFBELGIUM3,249278123175324927011372445BULGARIA0,21853546325218530764855CZECHIA0,7974519936257974502791075DENMARK1,98045495112519804506931575GERMANY20,57980514495002057980072029300ESTONIA0,0863521587586350302225IRELAND0,9400623501509400603290210GREECE1,50735376837515073505275725SPAIN7,9324819831200793248027763680FRANCE17,81269445317251781269062344415CROATIA0,22518562950225180788130ITALY12,53009313252251253009043855315CYPRUS0,11162279050111620390670LATVIA0,11612290300116120406420LITHUANIA0,18077451925180770632695LUXEMBOURG0,25509637725255090892815HUNGARY0,6145615364006145602150960MALTA0,038019502538010133035NETHERLANDS4,7767811941950477678016718730AUSTRIA2,39757599392523975708391495POLAND2,00734501835020073407025690PORTUGAL1,19679299197511967904188765ROMANIA0,7181517953757181502513525SLOVENIA0,22452561300224520785820 SLOVAKIA0,376169404003761601316560FINLAND1,50909377272515090905281815SWEDEN2,939117347775293911010286885UNITED KINGDOM14,67862366965501467862051375170TOTAL EU-27 & UK100,00250000000100000000350000000