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1. By 20 February 2025, the Commission shall provide simultaneously to the European Parliament and the Council, as well as to the European Economic and Social Committee and the Committee of the Regions, an independent mid-term evaluation report on the implementation of this Regulation. That report shall, in particular, assess the extent to which the general objective and specific objectives referred to in Articles 3 and 4, respectively, have been achieved, the adequacy and the efficiency of the use of resources and the European added value. It shall also consider the continued relevance of all objectives and actions. Where appropriate, the results of the mid-term evaluation report may be used for any relevant legislative proposals.

2. By 31 December 2030, the Commission shall provide simultaneously to the European Parliament and the Council, as well as to the European Economic and Social Committee and the Committee of the Regions, an independent ex post evaluation report. That report shall consist of a global assessment of the implementation of this Regulation and shall include information on the impact of this Regulation in the long-term.