LIFE II: financial instrument for the environment (amend. regul. 1973/92/EEC)

The committee unanimously adopted the draft decision. Although 28 of Parliament's 34 amendments have been incorporated in the Commission's amended proposal, the committee considered it essential to: - reinstate the reference to rivers which flow into coastal areas and to the sustainable management of the wetlands created by such rivers; - reinstate the reference to protection of water resources and water management provided for as part of the preparatory activities; - point out that flanking measures should cover both the activities undertaken during the second stage and the remainder of the activities from the first stage; - specify more clearly the assessment and selection procedure for innovative projects; - set the financial reference amount for the second stage at ECU 600 million.�