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17107/12 FL/ne 1 DG E 2 A COU CIL OF THE EUROPEA U ... - Europa

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(iii) The achievement of the objective set out in point (b)(iii) of this Article shall be<br />

measured ex post by:<br />

- the transmission of re<strong>ne</strong>wable electricity from ge<strong>ne</strong>ration to major consumption<br />

centers and storage sites;<br />

- the sum of CO2 emissions prevented by the construction of the projects which<br />

be<strong>ne</strong>fited from the CEF.<br />

These elements serve for the ex post measurement of the achievement of the objectives and<br />

shall not constitute selection or eligibility criteria for actions of support from the CEF.<br />

(c) In the telecommunications sector the CEF shall provide for actions to support projects of<br />

common interest pursuing the objectives specified in Article 2 of Regulation (EU) No<br />

XXXX/20<strong>12</strong> [INFSO Guideli<strong>ne</strong>s].<br />

Article 5<br />

Budget 34<br />

1. The financial envelope of the CEF for the period 2014 to 2020 shall be<br />

[EUR 50 000 000 000]. 35 That amount shall be distributed as follows:<br />

(a) transport sector: [EUR 31 694 000 000][, out of which EUR 10 000 000 000 shall be<br />

transferred from the Cohesion Fund to be spent in li<strong>ne</strong> with this Regulation in Member<br />

States eligible for funding from the Cohesion Fund];<br />

34 Amounts in this article are dealt with by the Friends of the Presidency Group (FoP). Ge<strong>ne</strong>ral<br />

reservation on this article pending the decision on the transfer of funds from the Cohesion<br />

Fund.<br />

35 All figures in constant 2011 prices. The corresponding amounts, expressed in current prices,<br />

can be found in the Legislative Financial Statement.<br />

<strong>17107</strong>/<strong>12</strong> <strong>FL</strong>/<strong>ne</strong> 27<br />

ANNEX <strong>DG</strong> E 2 A E

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