Creation date: September 8, 2017
'Investing in European networks. The Connecting Europe Facility - Mid-term results' presents the key features of the three CEF sectors - transport, energy and telecommunications, its achievements so far and gives a brief outlook on the challenges up to 2020.
The results clearly show that, at midterm, the CEF is already delivering on its promises and providing European added-value for the completion of the sectorial networks, facilitating synergies between them and leveraging private finance.
So far, three and a half years on, the Commission has allocated €23.1 billion in grants (i.e. over 80% of the CEF grant budget) for projects in the three sectors, which have mobilised total investments of more than €45 billion. CEF-related financial instruments, including those under predecessor programmes, have generated additional investments in the three CEF sectors of €13.9 billion, out of which around €4.5 billion since 2014.
Take a look at the online publication for a wealth of data and interesting facts on the achievements in all three sectors. Paper copies will be available at the Connecting Europe conference in Tallinn on 21-22 September, for which registration is still open until 15 September.