5.12.2011 Official Journal of the European Union L 321/1 (Legislative acts) | REGULATIONS REGULATION (EU) No 1255/2011 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 30 November 2011 establishing a Programme to support the further development of an Integrated Maritime Policy (Text with EEA relevance) THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty on the Functioning of the European Union, and in particular Articles 43(2), 91(1), 100(2) and 173(3), Articles 175 and 188, and Articles 192(1), 194(2) and 195(2) thereof, Having regard to the proposal from the European Commission, After transmission of the draft legislative act to the national parliaments, Having regard to the opinion of the European Economic and Social Committee (1), Having regard to the opinion of the Committee of the Regions (3), Acting in accordance with the ordinary legislative procedure (%), Whereas: (1)  In line with the Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions of 10 October 2007 on an Integrated Maritime Policy for the European Union (the Commission Communication’), the primary objective of the Union's Integrated Maritime Policy (IMP) is to develop and implement integrated, coordinated, () OJ C 107, 6.4.2011, p. 64. () O] C 104, 2.4.2011, p. 47. (’) Position of the European Parliament of 17 November 2011 (not yet published in the Official Journal) and decision of the Council of 24 November 2011. coherent, transparent and sustainable decision-making in relation to the oceans, seas, coastal, insular and outermost regions and in the maritime sectors. The Action Plan accompanying the Commission Communication sets out a number of actions that the Commission proposes to take as a first step in imple- menting a new IMP for the Union. The Commission’s Progress Report on the EU’s Integrated Maritime Policy of 15 October 2009 sums up the main achievements of the IMP up to that date, and charts the course for its next implementation phase. In its conclusions of 16 November 2009 on Integrated Maritime Policy, the Council highlighted the importance of funding for the further development and implemen- tation of the IMP by inviting the Commission to present the necessary proposals for the financing of integrated maritime policy actions within the existing Financial Perspective, with a view to entry into force by 2011. In its resolution of 21 October 2010 on Integrated Maritime Policy (IMP) — Evaluation of progress made and new challenges, the European Parliament expressly supported the Commission’s stated intention ‘to finance the IMP with EUR 50 million over the next 2 years in order to build upon previous projects in the areas of policy, governance, sustainability and surveillance'. The financial envelope for the IMP set out in this Regu- lation takes into account both the current economic downturn and the fact that this is the first operational programme specifically dedicated to the implementation of the IMP.