Report from the Commission to the European Parliament and the Council on 2013 EIB external activity with EU budgetary guarantee and on the application of Decision No 1080/2011/EU of 25 October 2011 covering the EIB financing operations signed during the period from 2007 to June 2014

Decision No 1080/2011/EU of the European Parliament and of the Council of 25 October 2011 granting an EU guarantee to the European Investment Bank (EIB) against losses under loans and loan guarantees for projects outside the Union (the “Decision” or the "EU guarantee") requires the Commission to report annually on EIB financing operations carried out under the EU guarantee, building on yearly reports provided by EIB.

The present report also provides a summary of the own risk operations carried out by the EIB in 2013 in the regions covered by the Decision. The EIB covers its operations in Africa, Caribbean and Pacific (ACP) as well as in Overseas Countries and Territories (OCT) in a separate annual report.

Article 17 of the Decision requests the Commission to present to the European Parliament and the Council a final report on the application of the Decision. The final report is provided in Annex and covers the EIB external financing operations signed during the period from 2007 to 30 June 2014 following the extension by six months of the Decision.

More detailed information and statistical tables on the above activities, including at project, sector, country and regional level, are provided in the attached Staff Working Document (the “SWD”).

Following the second year of implementation of the new EIB REsults Measurement (REM) framework, this report provides more detailed information on expected results based on EIB financing operations signed in 2013. Actual results achieved based on six selected case studies on operations under implementation are presented in the SWD.

On 16 April 2014, the European Parliament and the Council adopted a new Decision No 466/2014/EU[3] granting an EU guarantee to the EIB against losses under financing operations supporting investment projects outside the EU over the period 2014-2020.

• Primary Source

EUR-Lex: COM(2014)674: Follow the progress of this report through the decision-making procedure http://eur-lex.europa.eu/legal-content/EN/HIS/?uri=COM:2014:674:FIN

EUR-Lex: SWD(2014)333: Commission Staff Working Document accompanying the report http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=SWD:2014:333:FIN

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