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

  • A smart vehicle that saves lives
    January 19, 2016
    Ceit-IK4, within the framework of the European I-HEeRO project, is developing a system that allows motorcycles to call emergency services in an accident. Researchers from the Applied Mechanics department at Ceit-IK4 are part of the I-HeERO project, which aims to create the infrastructures that will support the eCall electronic safety system, which enables the vehicle itself to call emergency services in the case of a serious accident. Beginning in March 2018 the eCall device will be a standard feature in
    Read More
  • Mobinet counters weighty cross border concerns
    November 9, 2017
    A Mobinet pilot is combining onboard weighing with V2X comms to streamline vehicle weight enforcement. David Crawford reports. Pan-European, cross-border weigh-in-motion (WIM) for trucks is now a practical possibility, following successful Scandinavian trials within the EU-co-funded Mobinet (Internet of Mobility) programme. New technology is using strain sensors, located on load-bearing components and routinely installed in truck fleet management systems.
    Read More
  • Turning information into stories
    April 16, 2018
    IBTTA says its TollMiner tool can transform transportation planning. Here, the tolling organisation explains how it works – and what part it might play in Donald Trump’s infrastructure plan. Imagine being able to turn the black-and-white numbers in a spreadsheet into graphics and visualisations that tell a compelling story about essential transportation infrastructure. Having easy access to the solid, reliable data you need to plan surface transportation projects and assign project resources based on
    Read More
  • Canada invests in Vancouver’s EV charging infrastructure
    February 15, 2019
    The government of Canada is investing CAN$300,000 in the construction of six electric vehicle (EV) fast chargers in Vancouver. This funding is part of the government’s CAN$182.5m investment to develop a fast-charging network for EVs and establish natural gas stations along roads and hydrogen stations in metropolitan areas. The chargers are partially funded through the Electric Vehicle and Alternative Fuel Infrastructure Deployment Initiative, a programme which falls under Canada’s $180 billion Inves
    Read More

Highlighted Content