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EU Funding for TEN-T Infrastructure 2014 - 2020. Stéphane Ouaki European Commission, DG Mobility and Transport Head of Unit, Connecting Europe - Infrastructure investments strategies Bucharest, 9 October 2013. The EU TEN-T framework. Strategic framework White Paper for Transport
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EU Funding for TEN-T Infrastructure 2014 -2020 Stéphane Ouaki European Commission, DG Mobility and Transport Head of Unit, Connecting Europe - Infrastructure investments strategiesBucharest, 9 October 2013
The EU TEN-T framework Strategic framework • White Paper for Transport Policy framework • Revised TEN-T Guidelines Funding framework • Connecting Europe Facility • Cohesion Fund • European Regional Development Fund
The White Paper for Transport 30% of road freight over 300 km should shift to other modes, such as rail or waterborne transport by 2030, and more than 50 % by 2050. Complete a European high-speed rail network, by 2050. Triple the length of the existing high-speed rail network by 2030 and maintain a dense railway network in all Member States. Majority of medium-distance passenger transport should go by rail by 2050. A fully functional and EU-wide multimodal TEN-T ‘core network’ by 2030, with a high-quality and capacity network and a corresponding set of information services by 2050. Connect all core seaports to the rail freight network, by 2030, and, where possible, to the inland waterway system; connect all core network airports to the rail (preferably high-speed) network, by 2050.
The revised TEN-T Guidelines • Dual layer approach: core and comprehensive network • Ambitious standards for all infrastructures • Common deadlines to achieve the network (2030/2050) • Corridors and coordinators for implementation • Regulation instead of decision
Revised TEN-T Guidelines: Rail infrastructure provisions Requirements Comprehensive Network • Electrification • ERTMS • 1435mm gauge • Compliance with the requirements of the Technical Specifications for Interoperability (TSI) • Connection with freight terminals Core Network [see Comprehensive network plus] • Freight lines (>100 km/h, 750m train length, 22,5t axle load) Priorities • ERTMS deployment • Noise impact mitigation • Meeting requirements and enhancing interoperability • Connect with inland waterway ports (where appropriate)
Connecting Europe Facility One instrument – three sectors Financing framework 2014-2020 Sectoral policy frameworks (setting priorities for 2020, 2030, 2050) The "European Infrastructure Package" (European Commission proposal, October 2011)
Connecting Europe Facility New funding framework: • Stronger concentration of financial support on EU added-value projects • Exploitation of cross-sectoral synergies • Higher emphasis on the use of innovative financial instruments
Transport investment needs • *Estimate based on discussions with MS on their project portfolio
CEF: budget for Transport €26.2 billion for TEN-T €14.9bn available to all Member States €11.3bn to be transferred from the Cohesion Fund To be spent via: Grants (estimated €24.2 billion) Innovative financial instruments (€2 billion estimated market uptake)
Specific elements for €11.3 bn transferred from the Cohesion Fund (the '€10bn') Exclusively for transport projects in Member States eligible for the Cohesion Fund Rail, IWW, cross-border (including road) Finance difficult projects that the MS would not finance with Cohesion Fund Respect of national allocations under the Cohesion Fund until end 2016 Binding national envelopes between 2014 – 2016, no contribution for financial instruments before 2016 (Max.) Co-funding rates - Cohesion Policy (max. 80-85%) Specific Programme Support Actions for Cohesion Member States experiencing difficulties in proposing projects
80 – 85 % of available budget for pre-identified projects listed in Part 1 of Annex 4 horizontal priorities 9 core-network corridors other important cross-border and bottleneck sections delegated act foreseen to amend list 15 – 20 % for other projects of the core and comprehensive networks and for financial instruments CEF Transport:eligibility
CEF: centralised management of grants Project selection and resources allocation • by COM/ TEN-T EA Same criteria for project proposals coming from all Member States • Quality, maturity, EU added value, socio-eco-environmental impacts Concentration on projects with high EU added value • cross-border missing links, boosting multimodality, ensuring interoperability of networks across borders and modes Increased efficiency of EU budget spending • competition, "use-it-or-lose-it" principle
CEF - Financial instruments 2 types: • Equity • Risk-sharing instruments to provide loans and/or guarantees (such as LGTT or Project Bonds) Implementation by financial partners, such as EIB Combination of innovative financial instruments (e.g. Project bonds) and EU direct support (i.e. grants) to optimise the impact of financing Possibility to top up the CEF financial instruments: MS (directly or through Structural Funds), other EU funds and/or investors
CEF: eligibility of projects in third countries • Grants: • Studies: • ensuring the connection between the core network and the transport networks of the third countries • completing the transport infrastructure in third countries which serve as links between parts of the core network in the Union • Studies and works: • connect the core network at border crossing points; infrastructure necessary to ensure seamless traffic flow, border checks, border surveillance and other border control procedures • implement traffic management systems in those countries • (Basis for defining the eligibility of projects - indicative maps annexed to the TEN-T guidelines) • Financial instruments: • Actions in third countries may be supported by means ofthe financial instruments if those actions are necessary for the implementation of a project of common interest.
CEF in Romania (railways) Grants (indicative envelope within the €11.3 bn proportional to RO share under the Cohesion Fund) CEF Annexincludes an important project portfolio for RO, with several major projects, including cross-border connections and bottlenecks projects. RO economy will greatly benefit: enhanced connections to the rest of the TEN-T network & to the neighbouring third countries.
TEN-T Network Comprehensive and Core Network Inland waterways and ports
TEN-T Network • Comprehensive Network • Railways, ports, rail-road terminals • Core Network • Railways (freight), ports, rail-road terminals
TEN-T Network • Comprehensive network • Railways and airports • Core Network Railways (passengers) and airports
TEN-T Network • Core and Comprehensive networks • Roads, ports, rail-road teminals and airports
PP22 - a concrete example of TEN-T project implementation (I) • 2 major lines in Romania: • Arad – Bucharest – Constanta (East/West) • Arad – Timisoara – Craiova – new Danube Bridge at Vidin (North/South) • Better interconnection of Bucharest and Constanta to central Europe; connects Bucharest with major urban nodes • Better interconnection of the Black Sea and Greek ports to central Europe • Fully integrated in the future Core Network Corridors (Orient/East Med & Rhine/Danube)
PP22 - a concrete example of TEN-T project implementation (II) • State-of-implementation • PP22 has progressed well in RO, where National & European priorities coincides (East/West) • PP22 hasn’t progressed much on the North/South sections • Recommendations from PP22 Coordinator • Need to be realistic in terms of standards for developping PP22. PP22 is mostly freight. • Need to prepare a project portfolio for CEF!
Other EU sources of funding for TEN-T • Cohesion Fund (CF) • Priority to TEN-T sections (both core and comprehensive) • Co-funding up to 85% of eligible costs (according to art. 22 and art. 110(3) of the draft CPR Regulation) • €10 bn (€11.3 bn in current prices) transferred to CEF • European Regional Development Fund (ERDF) • A part of ERDF to be dedicated to transport infrastructure • Priority to TEN-T sections (both core and comprehensive) • Connecting secondary and tertiary nodes to TEN-T infrastructure • Less developed regions: up to 85% of eligible costs • Transition regions: up to 75% of eligible costs Ex-ante conditionality: • a comprehensive transport plan, including a dedicated section for railways • a realistic and mature project pipeline • administrative capacity for project preparation and delivery
Update on the Connecting Europe Facility • Conclusive informal trilogue: 27/06 • Vote in the TRAN/ITRE EP Committee: 7/10 Next steps (// with TEN-T guidelines) • Vote in the EP Plenary: 24/10 • Adoption by Council: end October • Publication in the Official Journal: mid-November • Entry into force: one day after publication • Entry into application: 01/01/2014 BUT:First transport work programmes - only after the adoption of a delegated act detailing the funding priorities
Thank you for your attention! stephane.ouaki@ec.europa.eu http://ec.europa.eu/transport/infrastructure/index_en.htm