This document provides an overview of TEN-T financing through the Connecting Europe Facility (CEF). It discusses the need for increased infrastructure investment in the EU and the CEF's role in funding priority transport projects. The CEF provides grants and financial instruments for projects on the TEN-T core network and corridors. Its €24.05 billion budget is prioritized for cross-border projects, missing links, and innovations like ERTMS. The first CEF call for proposals in 2014 was oversubscribed nearly 3 times, showing high demand for transport funding.

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TEN-T financing:
a broad overview
Stéphane OUAKI
Head of Unit CEF, DG MOVE, European Commission
22 June, Riga

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General context
Level of infrastructure investment historically low in EU
Constraints on public budget
Adverse impact on growth, job creation and long-term
competitiveness of EU economy
High level of investment needs in transport
Expected growth in world trade and passenger traffic
Investments for the greening of transport
Private investors looking for investments opportunities
High level of liquidity on the capital markets
But risks and uncertainties
European Commission pushes for increase of public and
private investments in infrastructure

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TEN-T framework
Strategic framework
White Paper for Transport - goals for 2030 and 2050
Policy framework
TEN-T Guidelines (Regulation No 1315/2013)
Funding framework
Connecting Europe Facility (Regulation No 1316/2013)
European Structural and Investment Funds
European Fund for Strategic Investments
International Financial Institutions
Instrument for Pre-accession Assistance (Western Balkans)

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Connecting Europe Facility
One instrument – three sectors
Financing framework
2014-2020
Policy frameworks
(setting priorities for
2030, 2050)
Regulation (EU) 1316/2013, adopted together with the
Regulation 1315/2013 on the TEN-T Guidelines

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Instruments available for projects on the TEN-T

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Limited budget (€24.05 billion) → Priorities:
•TEN-T core network and Corridors:
• pre-identified projects
• cross-border, missing links, bottlenecks
• Horizontal priorities:
• Interoperability
• Innovation
• Traffic management systems:
• ERTMS, SESAR, ITS, RIS…
• Motoways of the Sea
• More sustainable modes of transport
• railways, inland waterways
Connecting Europe Facility - Transport

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TEN-T Core Network Corridors

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CEF Transport: "Cohesion envelope"
€11.3 bn transferred from the Cohesion Fund to the CEF
Grants exclusively for transport projects with high EU added value in
Member States eligible for the Cohesion Fund
Binding national allocations between 2014 – 2016
Higher co-funding rates (up to 85%)
Pre-identified projects on the Corridors and other sections of the Core
network:
• Rail and inland waterways
• Cross-border, missing links, bottlenecks
• Horizontal priorities
Programme Support Actions
• Technical assistance, capacity building

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Cohesion
Member
States
2014-2020

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CEF grants: direct management
• By European Commission
• assisted by Innovation and Networks Executive
Agency (INEA)
• Communication of the Commission of January 2014
• Funding priorities
• Annual and Multiannual Work Programmes
• March 2014
• Framework, priorities and available funding
• Evaluation and selection of projects
• Competitive calls for proposals

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How to give grant support to a project

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CEF 2014 call for proposals - Grants
• The multi-annual work programme (MAP)
• € 11 billion total
• € 4 billion from the Cohesion envelope
(exclusively for the Member States eligible for the Cohesion Fund)
• Only for projects pre-identified in Annex I of CEF
• Core Network Corridors, other sections on the TEN-T core network
• Horizontal priorities: ERTMS, Innovation, Interoperability,
Motorways of the Sea…
• The annual work programme (AP)
• € 930 million
• Other projects on the core network
• Comprehensive network
• Connections with neighbouring countries
• Specific priorities which complement action under the MAP

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First CEF call for proposals
Timeline
September 2014 3 March 2015 March- June 2015
Launch of the call Call closed
(see statistics on next
slide)
Evaluation (external,
internal, ISC)
29 June 2015 6 July 2015 10 July 2015
Member States and
European
Parliament are
informed of the
results
Midday press briefing
Discussion in
EP TRAN Commitee
Member States vote in
CEF Commitee
Communication to
the media
Coming up

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CEF Call
2014
Number
of
projects
Requested
funding
(€ million)
Indicative
budget
(€ million)
Oversubscription
Annual Call 211 7,106.4 930 7.64 times
Multi-annual call
Cohesion envelope
(all priorities)
84 7,501.3 4,000 1.88 times
Multi-annual call
Objective 1:
Corridors, Core
network, ERTMS
50 20,216.2 6,000 3.37 times
Multi-annual call
Objective 2:
Innovation,
safe&secure infrastr.
57 379.6 250 1.52 times
Multi-annual call
Objective 3:
SESAR, RIS, ITS,
Urban nodes, logistic
platforms
133 1,449 750 1.93 times
Total 735 36,652.4 11,930 3.07 times

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CEF innovative financial instruments & EFSI
• Full eligibility of TEN-T for CEF Financial Instruments
• The whole TEN-T network, Core & Comprehensive
• All projects eligible under TEN-T Guidelines
• Ground and on-board components of traffic
management systems or alternative propulsion
systems
• Full eligibility of European transport infrastructure under
EFSI
• TEN-T and beyond, including urban projects
• Equipment and innovative technologies

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Thank you for your attention!
Stephane.Ouaki@ec.euopa.eu