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Amendment No. 4 | Doc. 14961 | 01 October 2019

The Council of Europe Development Bank: contributing to building a more inclusive society

Committee on Social Affairs, Health and Sustainable Development

Origin - 2019 - Fourth part-session

In the draft resolution, after paragraph 10.2.6, insert the following paragraph:

"to foster the CEB’s outreach to the Congress of Local and Regional Authorities of the Council of Europe, in order to tap into opportunities to identify potential projects at local level and optimise the implementation of projects already approved;"

Explanatory note

The CEB’s financing to local authorities keeps growing each year, with local and regional authorities having benefited from about 33% of loans approved in 2018. Closer relationship with the Congress would facilitate the identification and implementation of worthy projects on the ground via the network of Congress members and better awareness of local challenges.