Economy
Sustainable transport: EU funds clean buses, electric charging infrastructure and more in France, Germany, Italy and Spain
Following the EU's investment of €2.2 billion in 140 key transport projects to jump-start the green recovery, as announced in July, the EU is contributing additional €54 million to five projects that aim at delivering safer and greener transport services. Among the selection are projects deploying cleaner busses with charging infrastructure in Paris and Barcelona. The projects also involve constructing 255 new electric charging stations on Italian roads, and installing ERTMS, the European Rail Traffic Management System on 238 rail vehicles in Baden-Württemberg, Germany.
The projects will be supported through the Connecting Europe Facility (CEF), the EU's financial mechanism supporting transport infrastructure, and further contribute to decarbonizing transport as set out in the European Green Deal. These projects were selected through the CEF Blending Facility, which allows the leveraging of additional private financing for the projects, in addition to the EU's support. In total, CEF has now supported 932 projects, with €23.1bn in total. You can find more details on today's five new selected projects here.
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