EC and EIB establish CEF transport blending facility

The European Commission (EC) and the European Investment Bank (EIB) are launching a CEF transport blending facility, a funding instrument to support projects contributing to environmental sustainability and transport efficiency. With an initial budget of €200 million from the EU budget, the CEF (Connecting Europe Facility) will finance investments in the European Railway Traffic Management System and alternative fuels infrastructure. It will utilise funds from the EIB, National Promotional Banks and the p
April 3, 2019 Read time: 1 min

The 1690 European Commission (EC) and the 4270 European Investment Bank (EIB) are launching a CEF transport blending facility, a funding instrument to support projects contributing to environmental sustainability and transport efficiency.

With an initial budget of €200 million from the EU budget, the CEF (Connecting Europe Facility) will finance investments in the European Railway Traffic Management System and alternative fuels infrastructure. It will utilise funds from the EIB, National Promotional Banks and the private sector.

Violeta Bulc, EU commissioner for transport, says: “I have no doubt the facility will facilitate investment and contribute to the modernisation and better efficiency of European transport.”

EIB says combining EU grants and financing from public banks and private sector (blending) allows resources to support EU policy objectives.

For more information on companies in this article

Related Content

  • T&E welcomes rules to enable smarter road tolls in Europe
    February 2, 2015
    Sustainable transport group Transport & Environment has welcomed the announcement by Violeta Bulc, the EU’s head of transport, of plans to develop a Europe-wide scheme to charge lorries and cars for using roads. Bulc stressed that the scheme would be optional, meaning that countries could opt out if they want to. She also emphasised that the fee should be based exclusively on the distance driven and should not be time-dependent, which would bolster more efficient use of roads. European countries curre
    Read More
  • Cost benefit goes under the microscope
    August 21, 2017
    Conventional cost benefit analysis (CBA) of plans for urban smart mobility initiatives needs serious rethinking, according to a recently-completed European study. The three-year Evidence Project (the Project) emerged in response to concerns about the availability and quality of documented research – including CBA – required to prove that investment in sustainable urban mobility plans (SUMPs) can be economically beneficial. Covering 22 sectors ranging from electric vehicles to shared spaces, the Project clai
    Read More
  • ASECAP widens its influence and fosters debate in Dubrovnik
    August 5, 2013
    Jason Barnes reports from the ASECAP Days 2013 event, which took place in Dubrovnik. ASECAP, the European tolling association held its 41st annual Study and Information Days event in Dubrovnik, Croatia, which attracted more than 200 figures from the road infrastructure sector in Europe and beyond. A series of presentations over two days brought attendees up to date with developments in a variety of policy and technology fields and discussed a number of developing and new topics, such as GNSS-based tolling a
    Read More
  • MaaS is at the ‘baby steps’ stage – but needs to get up and running soon
    April 16, 2018
    Data sharing between organisations remains a potential problem for Mobility as a Service projects, attendees at February's MaaS Market conference in London were told. Alan Dron listens in on the presentations.
    Read More

Highlighted Content