€30 billion for infrastructure projects connecting EU regions | News

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The Advanced Connecting Europe Facility (CEF) programme, agreed between Parliament and Council in March and worth €30 billion for 2021 to 2027, will fund transport, energy and digital projects with additional EU value. This will ensure that essential trans-European projects, such as Rail Baltica, alternative fuel charging infrastructure and 5G coverage for critical transport axes, are finished as scheduled by 2030.

MEPs were able to set aside 60 percent of CEF funds for projects that help achieve the EU’s climate objectives, while 15 percent of the energy pillar funding will go to cross-border renewable energy projects.

next generation projects

The CEF is structured around three pillars, with approximately €23 billion for transportation projects, €5 billion for energy projects and €2 billion for digital projects. About €10 billion allocated for cross-border transport projects will come from the reconciliation fund and help EU countries to complete previously identified missing transport links. €1.4 billion will be designated to fast-track the completion of major missing cross-border railway projects to be selected by the Commission on a competition basis.

In the digital sector, CEF will support the development of projects of common interest such as the digitization of transport and energy networks, along with safe and secure very high-capacity digital networks and 5G systems.

The aim of the program will be to make energy networks more interoperable and ensure that funded projects are in line with EU and national climate and energy plans.

accelerating transportation projects

Parliament on Tuesday also approved new Trans-European Network (TEN-T) rules, agreed with the Council, to simplify permit-granting procedures for TEN-T projects to facilitate their completion. make. Member States must designate a point of contact for each project originator and ensure that it should not take more than four years to obtain a permit to undertake a project.

quotes from reporters

Marianne-Jean Marinescu (EPP, RO), Coordinator of the Transport and Tourism Committee, said: “CEF will modernize transport connections across the European Union. It will help Europe to tackle the region’s decarbonization challenges and in particular “in rail”. “Parivartan” will contribute to making the slogan a reality. Filling in the missing links will also boost the movement of people and goods.”

His colleague and co-relation on Transport and Tourism Committee, Dominique Riquet (Renewal, FR), said: “It will not be possible to achieve the Green Deal if we do not upgrade our infrastructure for the digital and environmental changes to come. The Next Generation Connecting Europe facility starts at the right time to ensure this transition.”

Industry, Research and Energy Committee reporter Hena Wirkkunen (EPP, FI) emphasized: “The Linking Europe facility finances major cross-border connectivity and renewable energy projects between member states, and enables Europe to become a digital and This will allow us to take a leap towards a climate neutral economy. It is vital to ensure that we remain competitive in the future.”

Next Step

The upgraded Connecting Europe feature will come into force once the new rules are published in the Official Journal of the European Union. They will come into force retrospectively from 1 January 2021. Member States will have two years to prepare for the implementation of the TEN-T Systematic Rules.



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