Recital 12

(12) To that end, it should be possible to rely on assessments made for the purposes of other Union programmes in accordance with Regulation (EU, Euratom) 2018/1046 of the European Parliament and of the Council (18), in order to reduce the administrative burden for beneficiaries of Union funds and encourage investment in priority technologies. Provided that they comply with the provisions of Regulation (EU) 2021/241, Member States should consider including projects that have been awarded the Sovereignty Seal when revising their recovery and resilience plans and should be able to consider including projects when deciding on investment projects to be financed from their share of the Modernisation Fund established pursuant to Directive 2003/87/EC. The Sovereignty Seal should also be taken into account by the Commission in the context of the procedure provided for in Article 19 of Protocol No 5 on the Statute of the European Investment Bank annexed to the Treaty on European Union (TEU) and the TFEU (the ‘EIB Statute’) and of the policy check laid down in Regulation (EU) 2021/523. In addition, the implementing partners should be required to examine projects that have been awarded the Sovereignty Seal where they fall within their geographic and activity scope in accordance with that Regulation. Authorities in charge of the programmes that fall within the scope of this Regulation should consider supporting strategic projects recognised in accordance with the Net-Zero Industry Act and the Critical Raw Materials Act that fall within the scope of this Regulation and for which rules on cumulative funding could apply.

← Recital 11 · All articles · Recital 13 →

Source: EUR-Lex (Cellar) · retrieved 2026-10-13 · Text as adopted (Official Journal); later amendments are not incorporated in this text.