2.2 billion euros invested in key green transport projects to boost the economy

July 16, 2020

Hat: 2.2 billion euros invested in key green transport projects to boost the economy

Amorce:

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.

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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

Url: https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1336