The European Council welcomes the intensive preparatory work carried out during this semester on the future Multiannual Financial Framework and takes note of the Presidency’s progress report. It calls on the incoming Presidency to continue that work and develop an orientation for the next stage of the negotiations, with a view to achieving an agreement in the European Council in autumn 2019.
During the COP24 global climate conference in Katowice, the Board of the European Investment Bank (EIB) has approved investment worth hundreds of millions of Euros for projects to fight climate change and help countries to deal with its consequences. Among these projects are wind and solar power schemes, energy efficiency renovations and waste and water management systems.
Following Parliament’s adoption of its position on the EU’s long-term budget (2021-2027 multiannual financial framework – MFF), MEPs are this week setting out their position on the scope and the priorities for investing in areas which are crucial for future growth.
On 11 December 2018, the Council endorsed the agreement reached with the European Parliament on the EU budget for 2019. The total commitments are set at €165.8 billion, which is an increase of 3.2% compared with the 2018 budget as amended over the past months. Payments amount to €148.2 billion, 2.4% more than in 2018.
We will be discussing the inherent benefits of using public procurement strategically, as well as allowing for more innovation through public procurement – especially when public procurers join forces. This in turn, will allow for relevant green and climate smart innovations to be available at scale at an accelerated rate.