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Transport Investing in Europe's Growth The Trans-European Transport Network and Connecting Europe Facility Lia Potec, Policy Officer European Commission,

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Presentation on theme: "Transport Investing in Europe's Growth The Trans-European Transport Network and Connecting Europe Facility Lia Potec, Policy Officer European Commission,"— Presentation transcript:

1 Transport Investing in Europe's Growth The Trans-European Transport Network and Connecting Europe Facility Lia Potec, Policy Officer European Commission, DG MOVE Unit B4 Connecting Europe – Infrastructure investment strategies

2 Transport Overhauling the EU transport sector essential for a sustainable and competitive EU economy Remove bottlenecks and bridge missing links Deploy interoperable traffic management systems Invest in innovative technologies and transport systems Improve transport logistics Render transport services more efficient

3 Transport 10 goals - to help achieve a competitive and resource efficient system 10 benchmarks - to meet the goal of reducing the GHG emissions by 60% by concrete initiatives – to be developed over this decade. The Transport “White Paper”

4 Transport By 2030, 30% of road freight over 300 km should shift to other modes such as rail or waterborne transport, and more than 50 % by 2050 By 2050, complete a European high-speed rail network. Triple the length of the existing high-speed rail network by 2030 M aintain a dense railway network in all Member States. By 2050, the majority of medium-distance passenger transport should go by rail. By 2030, a fully functional and EU-wide multimodal TEN-T ‘core network’ with a high-quality and capacity network and a corresponding set of information services by 2050 By 2050, connect all core network airports to the rail (preferably high- speed) network and all core seaports to the rail freight network and, where possible, inland waterway system. The Transport “White Paper”

5 Transport The "European Infrastructure Package" Financing framework Sectoral policy frameworks (setting priorities for 2020, 2030, 2050)

6 Transport The Transport Infrastructure Package Policy framework TEN-T Guidelines Funding framework Connecting Europe Facility Structural and Investment Funds

7 Transport Key elements of the new TEN-T policy Support implementation of Transport White Paper through new infrastructure policy, including: New maps Ambitious standards for all infrastructures Common deadlines to achieve network (2030/2050) Corridors and coordinators for implementation TEN-T Guidelines: Regulation (EU) No 1315/2013Regulation (EU) No 1315/2013

8 Transport The new TEN-T maps Dual layer approach based on a single European methodology Comprehensive network to ensure accessibility to all regions Core network focusing on the strategically most important parts Maps contained in Annex I to the Regulation List of nodes in Annex II Indicative comprehensive network maps for the neighbouring countries in Annex III

9 Transport TEN-T Network Standards (1/3) Railways (freight), ports and rail-road terminals Comprehensive Network Electrification ERTMS 1435mm gauge Connection with freight terminals Core Network [see Comprehensive network plus] freight lines (>100 km/h, 750m train length, 22,5t axle load)

10 Transport TEN-T Network Standards (2/3) Roads, ports, rail-road terminals and airports Comprehensive Network High quality roads i.e. motorways, expressways, conventional strategic roads Core Network [see Comprehensive network plus] Rest areas on motorways all 100 km, including appropriate parking space for commercial road users Availability of clean fuels

11 Transport TEN-T Network Standards (3/3) TEN-T Comprehensive and Core Network Inland waterways and ports Other modes Comprehensive Network Implementation and deployment of telematic applications (RIS, VTMIS, e- maritime services, SESAR) Connection of airports and ports to TEN-T network Core Network [see Comprehensive network plus] Availability of clean fuels at airports and ports Connection of ANNEX II ports and airports to TEN-T network by 2030/2050

12 Transport By 2030: replace the patchwork of priority projects by a single European core network By 2050: develop the comprehensive network as “ground layer” to ensure accessibility and common standards TEN-T Network Deadlines EU TEN-T Core Network Railways (freight), ports and rail-road terminals

13 Transport TEN-T Core Network Corridors and European Coordinators 9 multimodal corridors (defined until 2020*) Implementation tools Implementation tools Support the core network implementation Support the core network implementation Synchronise investments (Corridor Work Plan), including deployment of new technologies and telematic applications Synchronise investments (Corridor Work Plan), including deployment of new technologies and telematic applications Alignment with the Rail Freight Corridors Alignment with the Rail Freight Corridors Involvement of stakeholders Involvement of stakeholders European Coordinators also for ERTMS and Motorways of the Sea European Coordinators also for ERTMS and Motorways of the Sea * Alignment identified in Annex I of the Connecting Europe Facility Regulation

14 Transport Connecting Europe Facility Rules for awarding EU budget support to TEN-T infrastructure projects Eligibility For what, who, how, how much Forms of support Grants Financial instruments Objectives & priorities CEF Regulation: Regulation (EU) No 1316/2013 Delegated Act: COM(2013) 9690 Communication: COM(2013)940 Work Programmes: COM(2014) 1919, COM(2014) 1921

15 Transport Connecting Europe Facility: budget €33.2 billion in current prices € billion for transport (Vs ~€8bn for 2007 – 2013) € billion for all 28 MS € billion for the MS eligible to the Cohesion Fund €1.141 billion for broadband and digital services €5.850 billion for energy infrastructure

16 Transport CEF: Priorities Modes Rail, inland waterways, multimodal platforms (ports, rail-road terminals) and intermodal connections Sections Missing links, cross-border, bottlenecks Horizontal ERTMS, SESAR, other telematic systems (RIS, ITS, e-Maritime...) Motorways of the Sea, including alternative fuelling (LNG) deployment New technologies and innovation focusing on decarbonisation, safe and secure infrastructure, ports and airports Geographical Core Network, Corridors on the Core Network

17 Transport 80 – 85 % of total budget for projects pre-identified listed in Annex I to the CEF Regulation Horizontal priorities Sections on the Core Network Corridors Other important cross-border and bottleneck sections 15 – 20 % of total budget for Other projects on the core network Projects on comprehensive network (max 5%) Projects in third countries Financial instruments (10%) CEF: Eligibility

18 Transport CEF Cohesion Envelope: €11.3 bn transferred from the Cohesion Fund Exclusively for transport projects in Member States (MS) eligible for the Cohesion Fund National envelopes until end % of envelope for core network projects pre-identified in Annex I Also road cross-border (max. 10% of envelope) 15-20% of envelope for projects On the core network only Not on the comprehensive network Not in third countries No contribution to financial instruments before 2017 Common project pipeline for Cohesion Fund and CEF, in line with the transport strategy Co-funding rates aligned to Cohesion Fund (max. 85%)

19 Transport CEF grants: co-funding rates

20 Transport CEF in Croatia €159.7 million national Cohesion envelope Pre-identified projects in Annex I Mediterranean Corridor Rhine-Danube Corridor Other core network sections Horizontal priorities Rijeka – Zagreb – BudapestRail – Studies and works (including construction of new track and second track between Rijeka and HU border ) RijekaPort - Infrastructure upgrading and development, development of multimodal platforms and interconnections Slavonski BrodPort – Studies and works Danube IWW - Studies and works on several sections and bottlenecks; inland waterway ports: multimodal interconnections SavaIWW - Studies and works on several sections and bottlenecks (including cross-border bridge) Dubrovnik – HR/ME borderCross-border road - Works Zagreb – SR borderBottleneck rail – Studies and works

21 Transport Complementarity CEF - ESIF CEF - concentrates on projects with a high EU added value: cross-border, major bottlenecks, multimodality, interoperability on the core network more sustainable modes of transport – rail, IWW, intermodality ESIF - focus on projects to remove bottlenecks on both the core and comprehensive TEN-T other modes of transport: urban, road, maritime regional connectivity rehabilitation projects A common and complementary list of projects Member States and Commission – to define early under which support scheme individual TEN-T infrastructure projects should be implemented: CEF, CF or ERDF Consistency with the comprehensive national transport strategy

22 Transport CEF: Centralised management !! EU funds not, not projects Programming via work programmes Annual and Multiannual Work Programmes Management Grants – direct management Financial Instruments – via cooperation agreement with interested entities (e.g. European Investment Bank)

23 Transport CEF: Grant management How to give grant support to a project

24 Transport Financial instruments – Why? Limited € available: €26 billion to cover €250 billion in needs! Limited eligibility for grants under the CEF Mostly core network Almost no road or airport infrastructure Full eligibility for financial instruments Core & comprehensive TEN-T Any project eligible under the TEN-T Guidelines All modes of transport

25 Transport Financial instruments – for what and how Projects Identifiable revenue streams/commercial benefits and long-term repayment Motorways with tolls, shadow-tolling, availability schemes Airports development (e.g. new terminal) Ports development (e.g. capacity extension) Alternative fuelling infrastructure and on-board equipment (e.g. LNG on boats) On-board equipment for traffic management systems (e.g. SESAR) Forms Equity intruments Risk-capital, e.g. Marguerite Fund Investing in equity reduces the need for debt and reduces the level of risks Debt instruments Guarantees and risk-sharing instruments, e.g. LGTT and Project Bonds LGTT to support bank lending Project Bonds to support investment from capital market investors

26 Transport 2014 Work Programmes and Calls Work Programmes Adopted on 26 March 2014 Multiannual Work Programme for €11 billion Annual Work Programme for €1 billion Target date for Opening calls: September 2014 Closing calls: end February 2015 Size of the calls will be evaluated on the basis of MS project pipelines In cooperation with MS authorities and DG REGIO, especially for Cohesion MS

27 Transport Thank you for your attention!


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