Greening EU transport spending

In March 2011, the European Commission‟s White Paper on transport committed to a 70% cut in carbon emissions from transport compared with 2008, and a 20% cut by 2030.

In this context, EU funding for transport investment should be refocused to become a powerful tool for helping to deliver these cuts. This briefing first describes why current transport spending is making things worse and how the EU’s financial regulations are to blame. It then proposes two concrete solutions.