Browse by topic: Infrastructure, Investment

Filters:

EU budget plan to prioritise climate will ensure smarter spending

Spending 60% of the EU’s key infrastructure fund on contributing to climate objectives – as proposed by the European Commission today – will ensure smarter and cleaner spending, green NGO Transport & Environment (T&E) has said. The Connecting Europe Facility would have €42.3 billion to co-finance investments including €30 billion for transport, as part of the draft 2021-2027 EU budget just published.

Published on June 6, 2018 - 18:35

EU law will see $22bn spent on obsolete natural gas infrastructure for shipping

Europe has already spent half a billion US dollars on natural gas infrastructure for its shipping sector in order to comply with an EU law – and continuing its roll-out is likely to cost governments and investors $22 billion by 2050, a new study has found. Liquified natural gas (LNG) will reduce shipping emissions by just 6%, at most, compared to the replaced diesel fuel, the research by the UMAS consultancy shows.

Published on July 2, 2018 - 15:46

Investors letter to Juncker on EU investment in clean energy and transport

A group of leading utilities, investors and NGOs have called on President Juncker to invest more money in zero-emission mobility and power generation when allocating the EU budget after 2020. Aviva Investors, 2 Degrees Investing, Eurelectric, Ocean Energy Europe, Mirova Investing, E3G, Greenway, Climate Bonds Initiative, Fastned and T&E demand future EU investment be focused on decarbonising the transport sector. 

Published on May 15, 2018 - 06:52

Investors, utilities urge Juncker to spend EU budget on zero-emission mobility and renewables, not fossil fuels

A group of leading utilities, investors and NGOs have called on President Juncker to invest more money in zero-emission mobility and power generation when allocating the EU budget after 2020. Aviva Investors, 2 Degrees Investing, Eurelectric, Ocean Energy Europe, Mirova Investing, among others, demand future EU investment be focused on decarbonising the transport sector.

Published on May 15, 2018 - 06:45

How EU Member States roll-out electric-mobility: electric charging infrastructure in 2020 and beyond

Sufficient accessible charging infrastructure is a key enabler for the accelerated uptake of electric cars. This briefing analyses the current and planned future roll-out of EV charging infrastructure in European Member States, based governments’ plans (National Policy Frameworks) submitted to the Commission as part of the implementation of the Alternative Fuels Infrastructure Directive.

Published on February 27, 2018 - 09:55

Enough public chargers planned; infrastructure can’t be blamed for the slow uptake of EVs – analysis

More investment in public charging infrastructure needed after 2020 as electric vehicle sales increase.Press release from the Electromobility Platform.Contrary to mainstream belief that there are not enough electric vehicle chargers and that this is discouraging potential EV buyers, a new analysis reveals sufficient public recharging facilities for the number of cars on the road in 2017 in many countries. Furthermore, if national EV infrastructure roll-out plans are met there will also be sufficient EV chargers until 2020.

Published on February 27, 2018 - 09:09

How the EU can better align spending with its climate and energy targets

The EU’s Multiannual Financial Framework (MFF) determines how EU money is spent. The current €1 trillion budget runs from 2014 to 2020 with almost €100 billion earmarked for investment in the transport sector. The current MFF Regulation states that “the Commission should present a proposal for a new multiannual financial framework before 1 January 2018”. This budget would most likely start from 2021.

Transport is the largest source of EU emissions and accounts for around a quarter of EU GHG emissions. Meanwhile air pollution from road transport contributes to over 400.000 premature deaths per year, 26.000 people die in traffic annually and the EU economy loses €100 billion every year in congestion. A large portion of the EU’s budget is currently spent on expanding road infrastructure and building up fossil fuel infrastructure (e.g. LNG terminals). A future EU budget should invest tax payers money more carefully, and prioritize investment in infrastructure that reduces the environmental impact of transport and assists member states in reaching their climate goals. In this paper T&E outlines how part of the post-2020 budget should be allocated.

Published on September 19, 2017 - 14:48

Pages