The Innovation and Networks Executive Agency (INEA) has published a new brochure on the Connecting Europe Facility (CEF) Transport Statistic.
It represents an update of the brochure initially created in July 2016, with new data.
From the Foreword of Henrik Hololei, European Commission Director-General for Mobility and Transport:
“The Connecting Europe Facility (CEF) is a ground-breaking EU funding instrument in many respects. It is the first time funding at EU level for the development of transport, energy and telecommunications infrastructure is combined under the same instrument. The level of funding is unprecedented for all three sectors, with transport having been allocated a budget of €24 billion. Moreover, €11.3 billion of the funding in the transport sector has been transferred from the Cohesion Fund to CEF for implementation – another first.
The CEF Transport programme is already demonstrating its impact on the ground through successful implementation. The European Commission via the Innovation and Networks Executive Agency launched three CEF Transport calls for proposals between 2014 and 2016 making €21.4 billion of funding available, so that key projects in Member States can benefit from EU support from day one. The demand for funding exceeds by nearly 2.3 times the funding that has been made available. Additionally a CEF Transport Blending call was launched in February 2017 with an available budget of €1 billion.
The results, presented in this brochure, highlight that CEF is already delivering. So
far, it is leveraging almost €20 billion of additional investment, which is expected to create more than 400,000 job years by 2030. Importantly, the programme is supporting major cross-border projects and projects addressing bottlenecks and horizontal priorities on the EU Core Network, contributing to improvement of the use of infrastructure, reduction of the environmental impact of transport, enhancement of energy efficiency and increase of safety.
For Europe to deliver on its priorities in transport and to boost growth and jobs, investment is essential. Connectivity, through a safe and clean transport network, meeting the needs of consumers and businesses will help Europe to stay ahead of the curve, and remain competitive globally. CEF is already making a major contribution to these priorities“.