I(Acts adopted under the EC Treaty/Euratom Treaty whose publication is obligatory)REGULATIONSREGULATION (EC) No 614/2007 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCILof 23 May 2007concerning the Financial Instrument for the Environment (LIFE+)THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EURO-PEAN UNION,Having regard to the Treaty establishing the European Commu-nity, and in particular Article 175(1) thereof,Having regard to the proposal from the Commission,Having regard to the opinion of the European Economic andSocial Committee (1),Having regard to the Opinion of the Committee of theRegions (2),Acting in accordance with the procedure laid down in Article 251of the Treaty (3), in the light of the joint text approved by theConciliation Committee on 8 May 2007,Whereas:(1) Environmental protection is one of the key dimensions ofsustainable development of the European Union. It is apriority for Community co-financing and should befunded primarily through the Community’s horizontalfinanci...