Connecting Europe Facility – Transport

Country / jurisdiction: European Union · Year: 2021 · Status: In force · Level: International · Type: Voluntary

The Council and the European Parliament reached a provisional agreement on the second edition of the EU's flagship programme the Connecting Europe Facility (CEF). CEF 2 will continue to fund key projects in the areas of transport, digital and energy. It will run from 2021 to 2027, with a significant overall budget of €33.71 billion.

The budgets for the transport sector will be: €25.81 billion (including €11.29 billion for cohesion countries). The CEF Transport part of the programme will strongly promote the idea of shifting from a patchwork of national networks to a truly interconnected one by supporting the development and modernisation of railway, road, inland waterway and maritime infrastructure, as well as promoting safe and secure mobility.

Priority will be given to further development of the trans-European transport networks (TEN-T), focusing on missing links and cross-border projects with an EU added value. €1.56 billion of the transport budget will finance major rail projects between cohesion countries and €1.69 billion will be devoted to ensuring that when infrastructure is adapted to improve military mobility within the EU, it is dual-use compatible, meeting both civilian and military needs. INEA, which will become the European Climate, Infrastructure and Environment Executive Agency (CINEA) on 1 April 2021, will manage the Transport and Energy parts of the CEF programme.

Official source: https://ec.europa.eu/inea/en/news-events/newsroom/agreement-2021-2027-connecting-europe-facility