Boosting the EU's Green Recovery with €2 billion+ transport investment

Jul 20, 2020

The EU is supporting the economic recovery in all Member States by injecting almost €2.2 billion into 140 key transport projects

With this budget, the EU will deliver on its climate objectives set out in the European Green Deal, as these projects will help build missing transport links across the continent, support sustainable transport and create jobs in the following:

  • Strong emphasis on projects reinforcing railways, including cross-border links and connections to ports and airports.
  • A boost to inland waterway transport through more capacity and better multimodal connections to the road and rail networks.
  • Priority given to short-sea-shipping projects based on alternative fuels and the installation of on-shore power supply for ports to cut emissions from docked ships.
  • Support given to the shift to greener fuels for transport (19 projects) with almost €142 million.
  • A number of projects involve converting vessels so they may run on Liquefied Natural Gas (LNG), as well as installing corresponding infrastructure in ports.
  • Road transport will also see the deployment of alternative fuels infrastructure, namely through the installation of 17,275 charging points on the road network and the deployment of 355 new buses
Commissioner for Transport Adina Vălean said: “The €2.2 billion EU contribution to this crucial transport infrastructure will help kick-start the recovery, and we expect it to generate €5 billion in investments."