As part of the next long-term EU budget (MFF 2021-2027), the European Commission proposed to renew the Connecting Europe Facility (CEF), a funding programme that supports the development of transport, energy and digital infrastructure within trans-European networks.

For the period 2021-2027, the Commission proposed the total budget of €31.7 billion (all amounts: commitments, in constant 2018 prices, for EU-27 countries) to support infrastructure projects connecting regions within the EU (the trans-European networks), in particular cross-border ones with high added value. The proposal seeks better integrate the transport, energy and digital sectors, and to help achieve EU climate objectives. It should also support jobs, economic growth and the deployment of new technologies.

The new CEF will support key infrastructure projects with about €30 billion (constant 2018 prices). This amount will be split among transport (€22.9 billion), energy (€5.2 billion) and digital networks (€1.8 billion).