Sittings · Document

DRAFT BUDGETARY ASSESSMENT (COM(2024)0496 – C100147/2024 – 2024/0275(COD)) 2024-11-12

On the proposal for a regulation of the European Parliament and of the Council RESTORE - Regional Emergency Support to Reconstruction amending Regulation (EU) 2021/1058 and Regulation (EU) 2021/1057

Committee on Budgets · Rapporteur: Sandra Gómez López

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✦ In short · AI summary of this text, generated 4 Sept 2026

The Committee on Budgets' draft opinion assesses the RESTORE proposal, which amends cohesion policy regulations to support reconstruction after natural disasters. It concludes the proposal is compatible with budgetary rules but raises concerns about funding, payment forecasts, and climate impact.

Committee position. The Committee on Budgets concludes that the proposal is compatible with Rule 58(3) of the Rules of Procedure, but raises concerns and requests further information.

Key points

  1. The proposal is budgetary neutral, not modifying existing commitments and staying within 2021-2027 allocations.
  2. The combined effect of 30% pre-financing, 100% co-financing, and eligibility for completed operations leads to partial frontloading of payments.
  3. Regrets that cohesion policy is used as an emergency tool, risking long-term objectives; calls for more EUSF resources.
  4. Notes the Commission proposes EUR 3 000 million in additional ERDF payments for 2025 via amending letter; regrets inconsistency with the Legislative Financial Statement.
  5. Expects the Commission to update payment needs for 2026 and inform Parliament about RESTORE uptake.
  6. Requests traceable information on transfers and payment forecasts to make RESTORE's impact identifiable.
  7. Notes high RAL for Heading 2a at EUR 154 864 million; asks for analysis of RESTORE's impact on EURI.
  8. Calls for monitoring of payments to avoid exceeding ceilings; frontloading could alleviate pressure.
  9. Regrets lack of impact assessment on climate spending; re-programming could reduce climate support.
  10. Fears broad definition of 'natural disaster' could lead to higher payment needs.
  11. Calls for preventing double financing; support should be additional to other Union programmes.

Who is affected

  • Member states affected by natural disasters, who can use flexibility in cohesion policy programmes.
  • The Commission, which must provide consistent information and monitor payments.

Figures and deadlines

  • EUR 3 000 million in additional ERDF payment appropriations for 2025.
  • EUR 2 070 million for ERDF and EUR 930 million for ESF+ in estimated 2025 payment needs.
  • EUR 154 864 million RAL for Heading 2a at end of 2023.

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