Council Decision (EU) 2023/2586 of 13 November 2023 on the financial contributions to be paid by the parties to the European Development Fund to finance that fund, specifying the ceiling for 2025, the annual amount for 2024, the amount of the first instalment for 2024 and an indicative, non-binding forecast for the expected annual amounts of contributions for the years 2026 and 2027

The ceiling for the annual amount of the contributions to be paid by the parties to the European Development Fund (EDF) for 2025 is hereby set at EUR 809000000. It shall be divided into EUR 800000000 for the Commission and EUR 9000000 for the European Investment Bank (EIB).

The annual amount of the contributions to be paid by the parties to the EDF for 2024 is hereby set at EUR 1500000000. It shall be divided into EUR 1200000000 for the Commission and EUR 300000000 for the EIB.

The individual EDF contributions shall be paid by the parties to the EDF to the Commission and the EIB as the first instalment for 2024, in accordance with the Annex.

An amount of EUR 7800000 from uncommitted or decommitted funds from projects under the 9th EDF shall be refunded by a reduction of payment against the first instalment for 2024 set out in Article 3.

The indicative, non-binding forecast for the expected annual amount of contributions for 2026 is hereby set at EUR 600000000 for the Commission and at EUR 0 for the EIB. The indicative, non-binding forecast for the expected annual amount of contributions for 2027 is hereby set at EUR 500000000 for the Commission and at EUR 0 for the EIB.

This Decision shall enter into force on the date of its publication in the Official Journal of the European Union.