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Financing sustainable urban transport infrastructure
Dorothée Coucharrière, DG Move C1JldFE 2015- November 5th, 2015
Brussels
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Main problems to fix
1) Energy supply at risk Oil accounts for 94% of transport fuels, causing anenourmous EU import bill of up to one billion Euros a day.
2) GHG emissions reduction necessary According to the White Paper on Transport 2011, the sector has to reduce 60 % of its CO2 emissions by 2050 (benchmark 1990).
3) Air quality and congested infrastructure New and clean forms of mobility need to be established.
4) Competitiveness of EU industryGrowth and jobs can be created by restoring world leadership of the EU transport industry.
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• The 2011 Transport White Paper - Two 'urban' goals
• Phase out the use of conventionally fuelled cars in cities by 2050• Towards "zero emission" city logistics in major urban centres by 2030
• Urban Mobility Package -2013Promotion of Sustainable Urban Mobility Plans (SUMP's): Urban Logistics, Urban ITS, Urban access regulations, Urban Road safety
• Directive for the deployment of alternative fuels infrastucture-2014: national plans for the deployment in urban areas for CNG refuelling points and electric recharging point by 2020
• The 2030 Climate and Energy policy framework: “comprehensive and technology neutral approach for the promotion of emissions reduction and energy efficiency in transport, for electric transportation and for renewable energy sources in transport also after 2020".
• The Energy Union package Feb 25th, 2015: "tightening CO₂ emission standards for passenger cars and vans post-2020, and on measures to increase fuel efficiency and reduce CO₂ emissions for heavy duty vehicles and buses";"Electrification of transport […] especially for road (short and medium distance) and rail transport." "The Commission will take further action to create the right market conditions for an increased deployment of alternative fuels and to further promote procurement of clean vehicles".
Policy drivers
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Urban nodes
Connecting Europe Facility (CEF)
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Connecting Europe Facility (CEF) with 'urban nodes’ and 'innovation': grant schemes and Innovative Financial Instruments (26 bn€ for TEN-T for 2014-2020): networks, cross-border infrastructure, urban nodes, innovation of which 11 bn€ comes from Cohesion Funds.
•TEN-T guidelines - Article 30 – "urban node": means an urban area where the transport infrastructure of the trans-European transport network, such as ports including passenger terminals, airports, railway stations, logistic platforms and freight terminals located in and around an urban area, is connected with other parts of that infrastructure and with the infrastructure for regional and local traffic;
•TEN-T guidelines - Article 33- "innovation" : to support and promote the decarbonisation of transport through transition to innovative and sustainable transport technologies […] by stimulating energy efficiency, introduce alternative propulsion systems, including electricity supply systems, and provide corresponding infrastructure…
Financing innovative urban infrastructure in Europe
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Urban nodes : link between long-distance and last-mile
•Importance of urban dimension in TEN-T:
80% EU GDP is generated in urban areas
73% EU population live in urban areas.
•First and last mile
•Most passenger journeys start and end in urban areas e.g. links to stations and airports, journey planning, ticketing, information, assistance, people with special needs.
•Urban freight are often part of international/national supply chains – first and last mile disproportionally expensive.
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Through journeys across urban areas
•Links between corridors:Passengers – infrastructure, services, information, tickets. Freight – infrastructure, ICT
•Links between modes:- Passengers – infrastructure, information, tickets, facilities, liability- Freight – logistics centres, integrated services
•Integration of physical infrastructure and:- Levels of government
• - Neighbouring administrative districts• - Public and private actors• - Modes• - Innovative procurement
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Alternative fuels in urban nodes
Urban nodes priority aims at promoting action along the multi-modal core network corridors which makes vital contributions to the achievement of the overall corridor objectives, such as:
•significant CO₂ pollutant and noise reduction (with urban areas standing for a major share of the overall emissions from transport); •enhancing service quality levels (travelling time, travelling comfort, safety, etc.); •address missing links, bottlenecks and other barriers in the transfer between the trans-European and the urban legs of TEN-T journeys (link SUMPs and TEN-T)…
Works/studies with pilot activities to test and validate alternative fuels infrastructure for road transport in urban nodes.
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Horizon 2020 WP 2016-2017
Integrating urban nodes in the TEN-T core
network
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2014-2020: The need for aligning EU policies and programmes and mobilising markets
10
R&D and validations of vital project components
Initial demonstrations of concepts (proof of
concept)
Large-scale demonstrations concepts in live environments
Commercial roll-out in / mass-
scale deployment
The Innovation Process: from invention to deployment
H2020: R&I grants and FIs
ESIF: grants and FIS for roll-out, Technical assist.
Connecting Europe FacilityTackling the
Valley of Death
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Urban mobilityEUR 36 Million
11CSA = Coordination and Support ActionRIA = Research and Innovation Action; IA = Innovation Action
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MG-4.3 "Innovative approaches for integrating urban nodes in the TEN-T core network corridors"
• Integration efficient and sustainable solutions (e.g. alternative fuels vehicles) solutions for 'last mile' delivery
• Linking long-distance with last-mile delivery• Focus on the valley of death for innovative solutions
Recommendations to define funding needs and instruments for synergies between H2020 and CEF
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• €21 billion guarantee to leverage an extra financing capacity of €255 billion => total extra financing of €315 billion
• Cities and private promoters active in cities should engage with the EIB and the National Promotional Banks
• Investment Platforms will be created under the EFSI Regulations for certain countries and sectors, for example transport
The European Fund for Strategic Investments (EFSI)
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Public and private investors to engage with EFSI through:
o project co-financing, on a risk-sharing basis with EIB covered by EFSIo participation to Investment Platforms which support a number of projects
MS to support national promotional banks, institutions, investment platforms or funds.
EIB to guarantee platforms, funds or national promotional banks or institutions that invest in eligible operations such as:
o national or sub-national investment platforms o multi-country or regional platforms covering several Member States / third
countrieso thematic platforms that group investment projects in a given sector
Investment platforms : public authorities, experts, education, training and research institutions, the relevant social partners and representatives of the civil society and other relevant actors at Union, national and regional levels.
EFSI Urban transport
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• EFSI guarantee will enable the EIB to take riskier projects, e.g. smart urban mobility and alternative fuels projects
• Research and innovation is one of the key priorities, as is urban mobility. EFSI funds are expected to invest 11-12 EUR billion in urban mobility over 2014-2020.
• Innovative projects can also employ financial instruments, facilitated by investment platforms.
• Advisory Hub will function as a one-stop-shop and work together with a network of national promotional banks.
• Regional hubs are likely to be created: http://www.eib.org/eiah/index.htm
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Thank you !
INEA Helpdesk:
Consult INEA website: http://inea.ec.europa.eu
