1. By 20 February 2024, the Commission shall provide the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions with an independent evaluation report on the implementation of the Facility, and by 31 December 2028 with an independent ex post evaluation report.

2. The evaluation report shall, in particular, assess to which extent the objectives have been achieved, the efficiency of the use of the resources and the European added value. It shall also consider the continued relevance of all objectives and actions as well as assess the implementation of the REPowerEU chapters and their contributions to the objectives set out in Article 21c(3).

3. Where appropriate, the evaluation shall be accompanied by a proposal for amendments to this Regulation.

4. The ex post evaluation report shall consist of a global assessment of the Facility and shall include information on its impact in the long term.