Legal provisions of COM(2022)329 - Amendment of Regulation (EU) No 691/2011 as regards introducing new environmental economic accounts modules

Please note

This page contains a limited version of this dossier in the EU Monitor.

dossier COM(2022)329 - Amendment of Regulation (EU) No 691/2011 as regards introducing new environmental economic accounts modules.
document COM(2022)329 EN
date July 11, 2022

Contents

Article 1 -

Regulation (EU) No 691/2011 is amended as follows:

(1) in Article 2, the following points are added:

‘(7) ‘forest accounts’ means assets accounts for forest resources, comprising wooded land and timber on wooded land, and economic activity accounts for forestry and logging;

(8) ‘environmental subsidies and similar transfers’ means current and capital transfers, as defined in ESA 2010, intended to support activities protecting the environment and safeguarding national resources and related products;

(9) ‘ecosystem accounts’ means a set of accounts designed to provide consistent information on extent and condition of ecosystems and on the flows of services from these ecosystems to society.’;


(2) Article 3 is amended as follows:

(a)in paragraph 1, the following points are added:

‘(g) a module for forest accounts, as set out in Annex VII;

(h) a module for environmental subsidies and similar transfers accounts, as set out in Annex VIII;

(i) a module for ecosystem accounts, as set out in Annex IX.’


(b)the following new paragraph 4a is inserted:

‘4a .The Commission (Eurostat) shall carry out a methodological and feasibility study on the monetary valuation of ecosystem services. Based on the results of this study, the Commission may supplement this Regulation in order to define, by means of a delegated act, for which of the ecosystem services already included in the reporting tables in section 5 of Annex IX monetary values shall be reported, the first reference year as well as a list of acceptable methods for establishing these monetary values.’;


(3) in Article 5, paragraph 2, the following text is added:

‘(d) any other relevant sources, methods or innovative approaches insofar as they allow for the production of statistics that are comparable and compliant with the applicable specific quality requirements.


Member States which decide to use the sources, methods or innovative approaches referred to in point (d) shall inform the Commission (Eurostat) during the year preceding the reference year during which the source, method or innovative approach will be introduced, and shall provide details concerning the quality of the data obtained.’;


(4) in Article 8, paragraph 2 is replaced by the following:

‘2.   For the purposes of obtaining a derogation under paragraph 1 for Annexes VII, VIII and IX, the Member State concerned shall present a duly justified request to the Commission no later than [OPOCE, please insert exact date which is 24 months after the entry into force of this Regulation].’;


(5) Article 9 is amended as follows:

(a)paragraphs 2 and 3 are replaced by the following:

‘2. The power to adopt delegated acts referred to in Article 3(3), (4) and (4a) shall be conferred on the Commission for a period of five years from 11 August 2011. The Commission shall draw up a report in respect of the delegation of power not later than nine months before the end of the 5-year period. The delegation of power shall be tacitly extended for periods of an identical duration, unless the European Parliament or the Council opposes such extension not later than three months before the end of each period. 

 3.  The delegation of power referred to in Article 3(3), (4) and (4a) may be revoked at any time by the European Parliament or by the Council. A decision to revoke shall put an end to the delegation of the power specified in that decision. It shall take effect the day following the publication of the decision in the Official Journal of the European Union or at a later date specified therein. It shall not affect the validity of any delegated acts already in force.’


(b)paragraph 5 is replaced by the following:

 ‘5. A delegated act adopted pursuant to Article 3(3), (4) and (4a) shall enter into force only if no objection has been expressed either by the European Parliament or the Council within a period of two months of notification of that act to the European Parliament and the Council or if, before the expiry of that period, the European Parliament and the Council have both informed the Commission that they will not object. That period shall be extended by two months at the initiative of the European Parliament or the Council.’;


(6) in Article 10, the first hyphen point is replaced by the following:

‘ - for introducing new environmental economic account modules, such as Water Accounts (quantitative and qualitative), Resource Management Expenditure Accounts, Subsidies or support measures potentially harmful for the environment and Waste Accounts’;


(7) in Annex IV, section 3, the words ‘environmental protection transfers (received/paid)’ shall be deleted;


(8) all references to ‘EU-28’ and the term ‘ESA 95’ shall be replaced by EU-27 and by ‘ESA 2010’ respectively throughout the text and the Annexes.


(9) Annexes VII, VIII and IX, as set out in the Annex to this Regulation, are added to Regulation (EU) No 691/2011.

Article 2

The data on environmental protection transfers (received/paid) formerly submitted pursuant to Annex IV shall be submitted under Annex VIII. Member States shall no longer provide data on environmental protection transfers (received/paid) pursuant to Annex IV.

Article 3

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

Point (7) of Article 1 shall apply from 1 January 2025.

This Regulation shall be binding in its entirety and directly applicable in all Member States.