15.3.2014 Official Journal of the European Union L77/1 (Legislative acts) REGULATIONS REGULATION (EU) No 230/2014 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 11 March 2014 establishing an instrument contributing to stability and peace THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION, G) Having regard to the Treaty on the Functioning of the European Union, and in particular Articles 209(1) and 212(2) thereof, Having regard to the proposal from the European Commission, After transmission of the draft legislative act to the national parliaments, Acting in accordance with the ordinary legislative procedure ('), Whereas: 1 This Regulation constitutes one of the instruments providing direct support for the Union’s external policies and succeeds Regulation (EC) No 1717/2006 of the European Parliament and of the Council (3, which expired on 31 December 2013. Preserving peace, preventing conflicts, strengthening international security and assisting populations, countries and regions confronting natural or man-made disasters are among the prime objectives of the Union’s external action as set out in, inter alia, Article 21 of the Treaty on European Union (TEU). Crises and conflicts affecting countries and regions, and other factors terrorism, organised crime, such as gender-based  violence, climate change, cyber security challenges and security threats emanating from natural disasters pose a risk to stability and security. In order to address those issues in an effective and timely manner, specific financial resources and financing instruments are required that can work in a manner complementary to humanitarian aid and long-term cooperation instruments. (") Position of the EuroFean Parliament of 11 December 2013 (not yet published in the O 11 March 2014. ficial Journal) and decision of the Council of (3 Regulation (EC) No 1717/2006 of the European Parliament and of the Council of 15 November 2006 establishing an Instrument for Stability (OJL 327,24.11.2006, p. 1). In its conclusions of 15 and 16 June 2001, the European Council endorsed the Union Programme for the Preven- tion of Violent Conflicts, underlining the Union’s political commitment to pursue conflict prevention as one of the main objectives of the Union’s external relations, and acknowledging that development cooperation instru- ments can contribute to the attainment of that goal. The Council conclusions of 20 June 2011 on conflict preven- tion restated the validity of that Programme as a valid policy basis for further Union action in the field of conflict prevention. In its conclusions of 17 November 2009, the Council endorsed the ‘Concept on Strengthening EU Mediation and Dialogue Capacities’. The Council conclusions of 19 November 2007 on a EU response to situations of fragility and the conclusions of the Council and the Representatives of the Governments of the Member States meeting within the Council, also dated 19 November 2007, on security and development, emphasised that the nexus between development and security should inform Union strategies and policies in order to contribute to policy coherence for development in accordance with Article 208 of the Treaty on the Functioning of the European Union (TFEU) and to the coherence of Union external action in general. More specifically, the Council concluded that future work on security and development should include the security and development implications of climate change, environ- mental and natural resource management issues and migration. The European Council approved the European Security Strategy on 12 December 2003 and the shared analysis of its Implementation Report on 11 December 2008. In its communication entitled ‘EU Internal Security Strategy in Action: Five steps towards a more secure Europe’, the Commission also noted the importance of cooperation with third countries and regional organisations, in par- ticular for the purposes of combating multiple threats such as trafficking in human beings, drug trafficking and terrorism.