Progress report on implementation of the LIFE regulation and evaluation of the action by the Community relating to the environment ACE, MEDSPA, NORSPA, and ACNAT. Proposal for a Council Regulation (EC) amending Council Regulation (EEC) No 1973/92 establishing a financial instrument for the environment (LIFE).

Abstract

The first stage of the Life instrument, which was created by Council Regulation (EEC) No 1973/921 and entered into force on 23 July 1992, comes to a close on 31 December 1995. Under that regulation the Commission undertook to submit to the European Parliament and to the Council: and a progress report on the implementation of Life, and in particular on the use of appropriations (Article 12(4)), a report on the implementation of Regulation (EEC) No 1973/92 (Article 4) a proposal for any adjustments to be made with a view to continuing the action beyond the first phase (Article 14).