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2004/289/EC: Council Decision of 22 March 2004 concerning the partial release of the conditional amount of EUR 1 billion under the ninth European Development Fund for cooperation with African, Caribbean and Pacific countries in order to establish a water facility

2004/289/EC: Council Decision of 22 March 2004 concerning the partial release of the conditional amount of EUR 1 billion under the ninth European Development Fund for cooperation with African, Caribbean and Pacific countries in order to establish a water facility

Decision Β· 5 articles

Data as of 2026-07-04 Β· Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Β· Read the official text β†—

Article 1

The Council agrees on the establishment of a water facility for ACP countries.

Article 2

The Council agrees to consider an amount of EUR 500 million out of the conditional EUR 1 billion referred to in Article 2(2) of the Internal Agreement, for this water facility. A first allocation of EUR 250 million shall be released and be distributed as follows: 1. EUR 185 million to the envelope for support for long-term development, referred to in Article 2(1)(a) of the Internal Agreement as well as paragraph 3(a) of the Financial Protocol, bringing this envelope to a total amount of EUR 9,444 billion; 2. EUR 24 million to the envelope for regional cooperation and integration, referred to in Article 2(1)(b) of the Internal Agreement as well as paragraph 3(b) of the Financial Protocol, bringing this envelope to a total amount of EUR 1,228 billion; 3. EUR 41 million to the Investment Facility, referred to in Article 2(1)(c) of the Internal Agreement as well as paragraph 3(c) of the Financial Protocol, bringing this envelope to a total amount of EUR 2,078 billion.

Article 3

In the light of the outcome of the mid-term reviews of the country strategies and of the Council's performance review of the EDF by the end of 2004, the Council will decide by March 2005: 1. on the mobilisation of a second allocation of EUR 250 million; 2. on the use of the remaining EUR 500 million of the conditional EUR 1 billion referred to in Article 2(2) of the Internal Agreement for purposes to be agreed.

Article 4

This Decision shall be communicated to the ACP Council of Ministers.

Article 5

This Decision shall enter into force on the day of its adoption. Done at Brussels, 22 March 2004. For the Council The President B. Cowen (1) OJ L 317, 15.12.2000, p. 376.

Source: EUR-Lex (Publications Office of the EU), Β© European Union, reuse permitted under Commission Decision 2011/833/EU.

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