What is Connecting Europe Facility (CEF)
The Connecting Europe Facility (CEF) is a genuinely European instrument aimed at supporting the development of high-performing, sustainable and efficiently interconnected trans-European networks in the field of energy, telecommunications and transport. In the context of the next multi-annual financial framework (MFF) 2014-2020, the CEF has an overall budget of €29.3 billion to invest in those fields.
For the same period CEF investments will focus in particular on projects with high EU added value, such as building missing cross-border links and removing bottlenecks along main trans-European transport corridors. By improving links between different parts of the EU, it will become easier for different countries to exchange goods and people with each other.
CEF and the transport network (TEN-T)
For transport infrastructure, CEF makes available €26 billion. This triples the financing currently available to support the new TEN-T core network development.
This financing will act as "seed capital" to stimulate further investment by Member States to complete difficult cross-border connections and links which might not otherwise get built. The cost for implementing the first financing phase for the TEN-T core network, for the period 2014–2020, is estimated at €250 billion. The core network is to be completed by 2030.
80 to 85% of CEF financing will be used to support:
Brochure [2 MB]
Proposal for a Regulation of the European Parliament and of the Council establishing the Connecting Europe Facility