Funding for transport infrastructure in the new EU budget
This paper summarises the transport-relevant parts of the MFF and attempts to check whether it can help ‘decarbonise’ the transport sector.
The Commission proposal offers some modest steps towards greening the EU budget and its transport parts. But the wording is very vague. How serious the intentions are will only become clear once the specific proposals for the transport and cohesion policy are released – this Autumn.
The transport sector is particularly important for climate policy, as it is the only sector that has seen its greenhouse gas (GHG) emissions increase over the past two decades. The EU should ensure that the sector pays its share in future GHG reductions by, in particular, making sure it meets its 70% GHG reduction target (compared to 2008 levels) set in the Transport White Paper.
Read more from our briefing.
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