2.2 billion euros invested in key green transport projects to boost the economyJuly 16, 2020
Hat: 2.2 billion euros invested in key green transport projects to boost the economy
The European Union is granting 140 projects to boost the EU Green Recovery through the Connecting Europe Facility program, the EU’s grant scheme supporting transport infrastructure.
A very strong emphasis is on projects reinforcing railways, including cross-border links and connections to ports and airports.
In particular, the EU will support rail infrastructure projects located on the trans-European transport (TEN-T) core network with a total of €1.6 billion (55 projects).
It will also support 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).
Road transport will also see the deployment of alternative fuels infrastructure.
Url description: European Commission - Press corner