Future of EU Transport Funding (CEF)

Summary

This resolution discusses the future funding and strategic goals for the EU's Connecting Europe Facility (CEF) transport pillar after 2020, emphasizing climate goals and network completion.
10 31.05.2018
Other
economy
transport
environment
social policy
public finance and budget policy
information technology and data processing

Key points

  • Investing in transport infrastructure is a strategic necessity for long-term sustainable growth, competitiveness, and job creation across the EU.
  • The EU aims to complete the core transport network by 2030 and the comprehensive network by 2050.
  • The Commission has proposed an allocation of approximately 42.2 billion euros for the CEF during the 2021-2027 period.
  • There are concerns regarding proposed budget cuts for the transport pillar, which could hinder the completion of essential networks.
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