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

  • Councils in North East England receive funding to upgrade traffic management technology.
    October 27, 2017
    The UK Government has announced fund valued £3.64 million ($4.79 million) to upgrade the traffic management technology and improve journey times across the North East Combined Authority area (NECA). It will include upgrades to traffic signals on key regional routes with Automatic Number Plate Recognition Cameras, Variable Message Signs and integration with public transport data from Nexus. The Department of Transport paid £2.8 million ($3.6million) of the fund and the rest came from local authority contribu
    Read More
  • $150m World Bank investment for Lima transportation systems
    October 21, 2024
    Cash injection aims to improve Peruvian capital's traffic management and road safety
    Read More
  • ASECAP Days 2025
    May 26, 2025 - May 28, 2025

    European Motorway operators have started for several years the shift to greener mobility. More investments for mobility are needed to make successful green transition including in the EU policy road map with the Green Deal and fit for 55 strategy. To face those challenges, toll road infrastructure operators propose to foster green projects, including the transformation of the infrastructure to host electric car, buses and trucks to contribute developing safe, inclusive and green mobility solutions to all.

    Read More
  • Funding agreed for reconstruction of Fort Worth I-35W
    September 20, 2013
    A significant milestone in the redevelopment and expansion of Interstate 35W in Fort Worth, one of the most critical and most-congested corridors in the North Texas region and in the country has been achieved by NTE Mobility Partners Segments 3 LLC (NTEMP3). They have reached financial agreement on Segment 3A of the North Tarrant Express (NTE), paving the way for the reconstruction and expansion of the interstate. The project is being financed through a unique combination of public and private funds: US$
    Read More

Highlighted Content