1. Series of slots shall be allocated from the slot pool by the coordinator with the utmost transparency and fairness to applicant carriers as permissions to use the airport infrastructure for the purpose of landing or take-off for the scheduling period for which they are requested, at the expiry of which they have to be returned to the slot pool as set up according to the provisions of Article 9.

1. Series of slots are allocated from the slot pool to applicant carriers as permissions to use the airport infrastructure for the purpose of landing or take-off for the scheduling period for which they are requested, at the expiry of which they have to be returned to the slot pool as set up according to the provisions of Article 9.

EMPHASISES that a combination of public finance including innovative sources and private sources, alongside increased lending and leveraging by financial institutions is essential for mobilising USD 100 billion per year by 2020 in the context of meaningful mitigation actions and transparency on implementation as determined in the Cancun Agreements, including to reduce emissions from deforestation and forest degradation (REDD+), adaptation, technology development and transfer and capacity building, while recognizing it comes at an opportunity cost; ACKNOWLEDGES the important role of Multilateral Development Banks and other public financi ...[+++]al institutions, including the EIB in facilitating the mobilisation of these flows; REAFFIRMS the role of the private sector in providing finance for climate-related investments in developing countries and STRESSES that this role should be strengthened by further efforts to address regulatory barriers and to develop policy frameworks necessary to leverage private climate finance, including an efficient international carbon market; in this context HIGHLIGHTS that a robust carbon market is required, which drives the carbon price necessary for low-carbon investment, to achieve global mitigation objectives in an efficient way and to support the level of private and public sources required; UNDERLINES that a stable, attractive and competitive risk – return profile of climate relevant investments is a prerequisite to mobilize private sector capital. ACKNOWLEDGES the importance of developing and implementing cost-effective and non-distortive tools in cooperation with relevant private sector actors in order to leverage private capital at scale.

32. Stresses that both kinds of pooling (entity pooling and virtual pooling) shall be possible; a dialogue of supervisory authorities is necessary to enable pooling to function effectively;

Humanitarian aid in Bosnia-Herzegovina The Council approved the priority measures to be taken under the joint action adopted on 8 November on support for the convoying of humanitarian aid in Bosnia-Herzegovina, i.e.: MECU (a) logistic reinforcements (47 lorries adapted to the terrain) for use by UNHCR and ECTF 4 (b) fuel (15 000 tonnes) for use by the UNHCR, to cover the purchase of fuel for operating convoys, electricity generators, water-pumps, etc. needed to provide people with vital goods and services 4 (c) delivery of approximately 250 electricity generators for use by the UNHCR to operate public centres, hospitals, bakeries, water- ...[+++]pumps, etc 4,15 (d) restoration of coal mines (emergency work) for use by the IMG (International Management Group) 2 (e) support for carrying out emergency minimum repairs for electricity, gas, water and shelters, for use by the IMG 10 --------- TOTAL 24,15 It also approved the arrangements for financing this amount from the Community budget.

The draft Regulation provides for: - governments to appoint traffic coordinators responsible for allocating slots at congested airports; - increased transparency in the allocation of slots among air carriers by making available for consultation all the information on which slot allocation decisions are based; - rules for the allocation of slots at congested airports (2): . creation of pools of available slots, . allocation of at least 50% of the pool to new entrants, . giving up of slots to new entrants (under specific conditions) b ...[+++]y certain holders if the pools prove inadequate, . reciprocal allocation of slots when new routes are created. On presenting the proposal Mr Van Miert said that it met the wishes expressed by the Council this year when it adopted the second package of measures for the liberalization of air transport. ----------------------- (1) COM(90) 576 (2) See definition in Annex 1 - 2 - Mr Van Miert said that the growing congestion of some airports, the need for clear and transparent rules for allocating slots at congested airports and for healthy competition among air carriers (to encourage new carriers) had all led the Commission to adopt this proposal.