Article 19 Mid-term review

By 31 December 2016, the Commission, in cooperation with the EIB, shall submit to the European Parliament and the Council a mid-term report evaluating the application of this Decision in the first years accompanied, where appropriate, by a proposal for its amendment. The mid-term report shall draw upon an independent external evaluation and contribution from the EIB.

The report shall include in particular:

1. (a)

   an assessment of the application of the allocation policy;

2. (b)

   an assessment of EIB reporting and where appropriate recommendations on how to improve it;

3. (c)

   an assessment of the REM, including performance indicators and criteria, and their contribution to the achievement of the objectives of this Decision;

4. (d)

   a detailed account of the criteria considered for the recommendation concerning the potential activation in whole or in part of the optional additional amount.