Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Regulations (EU) 2015/1017, (EU) 2021/523, (EU) 2021/695 and (EU) 2021/1153 as regards increasing the efficiency of ...

EUROPEAN COMMISSION Proposal for a Brussels, 26.2.2025 COM(2025) 84 final 2025/0040 (COD) REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Regulations (EU) 2015/1017, (EU) 2021/523, (EU) 2021/695 and (EU) 2021/1153 as regards increasing the efficiency of the EU guarantee under Regulation (EU) 2021/523 and simplifying reporting requirements EXPLANATORY MEMORANDUM 1. CONTEXT OF THE PROPOSAL • Reasons for and objectives of the proposal The Commission emphasises the importance of investing in key technologies and sectors to drive growth and competitiveness in the Union. Commission President von der Leyen, in her Political Guidelines for the 2024-2029 Commission, pairs investment with the ambition of making business easier through reducing administrative burden and reporting obligations. Following up on these strategical milestones, the Commission published ’A Competitiveness Compass for the EU’1 in January 2025 which announces a Clean Industrial Deal aimed at securing the Union as an attractive location for manufacturing, and promoting clean tech and new circular business models, in order to meet its agreed decarbonisation objectives. Against this backdrop, the InvestEU programme, the Union’s largest risk-sharing instrument to support priority investments within the Union, as also pointed out in the Draghi report, has been successful in mobilising investments where market failures would inhibit them otherwise. Thanks to its partial...