Transport

The New Financial Framework for the Trans-European Transport

Network & MoS, Challenges & Opportunities for

Maritime transport Infrastructure

José Anselmo,

European Commission

DG for Mobility and Transport (DG MOVE)

18-19 November 2014 – MoS Conference on Reduction of Emissions - GOTHENBURG

Transport

Connecting Europe Facility One instrument – three sectors

Financing framework 2014-

2020

Sectoral policy frameworks

(setting priorities for 2020, 2030,

2050)

The "European Infrastructure Package"

(European Commission proposal, October 2011)

Transport

The Connecting Europe Facility

New funding framework:

• Exploitation of cross-sectoral synergies

• Stronger concentration of financial support on EU added-value projects

• Higher emphasis on the use of innovative financial instruments

• Flexibility: midterm revision of amounts between three sectors based on performance and absorption of funds

• Complementarity (and not duplication) with other EU instruments (ESIF and Horizon 2020)

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Connecting Europe Facility: budget

€33.2 billion in current prices

€26.250 billion for transport 2014-2020 (Vs ~ €8bn for 2007 – 2013)

• €14 945 million for all 28 MS

• €11 305 million for the MS eligible to the Cohesion Fund

# €1.141 billion for broadband and digital services # €5.850 billion for energy infrastructure

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CEF: Direct management

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CEF Transport: €11.3 bn transfer from the Cohesion Fund (the '€10bn') - specific elements

Exclusively for Member States eligible for the Cohesion Fund

• Finance difficult projects that the MS would not finance with Cohesion Fund

• Projects of high EU added value: Rail and Inland Waterways, cross-border (including road) and main bottlenecks on main European routes. Road max 10% of the budget

• Only for projects listed in Annex (Corridors and Core Network)

• Common project pipeline for Cohesion Fund and CEF, in line with the national transport strategies

• Need to ensure network effect, notably on Core Network Corridors

• National envelopes only until end 2016

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Key Messages

• 11,9 b€ to improve transport in Europe

• Largest ever amount dedicated to the development of

transport infrastructure in the EU

• 1st slice of the (app.) 26 b€ from the Connecting Europe

Facility (CEF)

• Financing concentrated on 9 pan-European corridors to

form an integrated European Network

• Transport is fundamental for the European Economy

(largest trading block in the world)

• short term impact on Jobs and Growth

• long term impact on the improvement of European

Competitiveness

Transport

A New Financial framework in support of the new TEN-T policy

Support implementation of Transport White Paper through new infrastructure policy, including:

Dual layer approach based on an objective methodology: core and comprehensive network

Ambitious standards for all infrastructures

Common deadlines to achieve network (2030/2050)

Corridors and coordinators for implementation

Improved infrastructure as the basis for more sustainable transport

New legislation: Regulation (EU) No 1315/2013

Transport

New EU infrastructure policy package

policy framework → TEN-T Guidelines

(Regulation 1315/2013)

financial framework → CEF

(Regulation 1316/2013)

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The new TEN-T maps

• A core and comprehensive network based on a single European methodology

• Comprehensive network to ensure accessibility to all regions

• Core network focussing on strategically most important parts

• Maps are contained in Annex I to the TEN-T Guidelines Regulation

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The patchwork today Priority project sections completed by 2011

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2030 – a European core network

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2030 – a E202030 – a European core network30 – a European core networku2030 – a European core networkropean core network

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10 Core network Corridors - I

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Transport

Transport

European Core Network :

. RAIL (freight)

. Inland Ports

. Maritime Ports

. Rail-Road

Terminals

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By 2030: replace the patchwork of priority projects by a single European core network By 2050: develop the comprehensive network as “ground layer” to ensure accessibility and common standards

TEN-T: deadlines

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TEN-T standards Rail

Comprehensive Network Electrification

ERTMS

1435mm gauge

Connection with freight terminals

Core Network [see Comprehensive network plus]

freight lines (>100 km/h, 750m train length, 22,5t axle load)

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The 9 Core Network Corridors TEN-T

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Key Messages II

•Financing given only trough competition to those best

projects proposed by the Member States – valued by their

European Added Value

• Transport is fundamental to the European Economy

•EU Population = > 505 Million people

•After Trans-Atlantic Trade Agreement = app. 900 Million

people (EU + US + CAN)

•External Trade Increase => increase depending on

Maritime (goods) and Air Transport (passengers)

•+ Suez, + NSR (?) + Panama + ….

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Opportunities for the financing of TEN-T projects

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Vehicles for Implementation: (1)Core

Network Corridors + (2) Horizontal Priorities – MoS + ERTMS + SESAR + ITS

Most of the initiatives could be better deployed through a coordinated approach on one or more corridors

Examples:

Deployment of alternative clean fuels along corridors

Improvement of rail accessibility along a corridor

Telematic applications, such as parking reservation systems

•Motorways of the Sea will provide a fully developed Maritime Transport Network supporting External (75%) and Internal (40%) trade, connect all loose ends and fill in the gaps

•ERTMS + SESAR + ITS + VTMIS will provide the Safety and Traffic Management

Information layer

•The Single Window builds the communication bridge and is the gate to seamless logistics information (the container and the image of the container…)

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The 9 TEN-T Core Network Corridors

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The implementation tools

Coordinators and Core Network Corridors

• 9 Core Network Corridors defined until 2020

• Support the implementation of the core network

• Synchronise investments in order to optimise network benefits

• Multimodal, involving at least 3 Member States

• Flexible governance structures

• Involvement of stakeholders

• Core Network Corridors aligned with Rail Freight Corridors

• Coordinators for ERTMS and Motorways of the Sea

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How to make a corridor

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2014

•Corridor studies

• Informal Council

• Third/Fourth Forum

• Submission of Work Plan

• Start 2014 CEF call

2015

• Approval of Work Plan

• Forum meetings

•Corridor Days

• Selection CEF projects

2016/ 2018

• Forum meetings

•Corridor Days

•Revisions of Work Plans

Next steps for the corridors Member States remain main actors! But other stakeholders will also be involved….Regions, Ports, Rail, etc

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THREE MAIN TRANSPORT CORRIDORS WITHIN THE BALTIC AREA

• BALTIC – ADRIATIC : Swinouiscie - Venice/Ravenna/Triestre/Koper.

Coordinator – Kurt Bodewig

• NORTH-SEA – BALTIC: Antw/Rott/Amst/Bremen/Hamb – klaipeda/Ventspills/Tallinn

Coordinator – Mrs Trautmann

• SCANDINAVIAN – MEDITERRANEAN

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Scandinavian-Mediterranean corridor

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Scandinavian-Mediterranean Core Network Corridor

9000 KM: from the Finnish-Russian border to Malta

Multimodal

Crosses 7 Member States

2 key cross border bottlenecks: Fehmarn Belt Fixed Link and Brenner Base Tunnel

Integrates Rail Freight Corridor 3

Corridor Forum and Working Groups (Ports/Regions)

EU Coordinator: Pat Cox

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The 9 TEN-T Core Network Corridors

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Motorways of the Sea

THE SOLUTION

Bridging the missing links

Filling in for improved transport connections

EUROPEAN COORDINATOR FOR MoS

BRIAN SIMPSON

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Motorways of the Sea: overall objective

Establish a trans-European network of Motorways of the Sea that concentrates flows of freight on viable, regular, and reliable sea-based transport services that are integrated in logistic chains and covers all types of maritime freight operations

To… • Reduce Land Transport congestion

• Increase use of more sustainable modes of transport

• Increase Transport Efficiency and Effectiveness

• Improve accessibility to peripheral regions

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Motorways of the Sea - Priorities:

(1) Environment

(2) Integration of Maritime Transport in the

Logistics Chain

(3) Maritime Safety, Traffic Management, Human Element/Training

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MoS Technical Areas Priority 1 - Environment

•General Sustainability and Safety •Contribute to “Climate Change” solutions •Fostering the deployment of new technologies and systems •Meeting International and European Regulations • MARPOL annex VI • Sulphur Directive

•HOW ? : supporting Technical Solutions – e.g. LNG + METHANOL + SCRUBBERS, etc

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MoS Technical Areas Priority 2 – Integration of Maritime Transport in the

Logistics Chain

• Strengthen Cohesion • Improve existing or establish new maritime

links • Improve Maritime Transport integration in the

global logistic chain • Improve transhipment and hinterland

connections in Ports • Multimodal connections – priority for the

integration of Inland Navigation and Rail

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MoS Technical Areas Priority 3 – Safety, Traffic Management,

Human Element/Training

•General Sustainability and Safety •Strengthen Cohesion •Developing more Efficient Traffic and Transport Management Systems •Fostering the deployment of new technologies and systems •Optimisation of processes, procedures and the Human Element [e.g. Simulation Networks, long distance Training, Knowledge networks]

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MoS Overall objectives II • Serve Internal Trade (75%) • Serve External Trade (40%) • Connect the Corridors to Third Countries

Overseas • Mediterranean • Black Sea • Atlantic …Hence connecting European Hinterland to

Third Countries Hinterland…

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MoS into 2020 & 2030

• European Coordinator will present a report to the European Parliament by March 2016: •Work program for MoS 2020 & Beyond •Three Main Conferences covering the 3

Priorities • November (18-19) Gothenburg on

Emissions • March 2016 Venice on TM, Safety, HE • May 2016 Liverpool on Integration of

Maritime Transport in the Global Logistics Chain

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Connecting Europe Facility

(CEF)

CALL 2014

Transport

New EU infrastructure policy package

policy framework → TEN-T Guidelines

(Regulation 1315/2013)

financial framework → CEF

(Regulation 1316/2013)

Transport

Calendar for CEF

• Work program 2014: 11,9 b€- of which 9,7 M€ for

projects within the corridors

• Call open from 11 September 2014 and 26 February

2015

• Information days in October 2014 [9 & 10 Save the

date] in Brussels – National "Call launch" days

• Evaluation process between March and June 2015

• Financing Decision End 2015

• [ need to prepare for the future and use full period

2014-2020]

• CEF remaining budget to be implemented during

Calls 2015 e 2016 (…revision TEN-T & CEF…)

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Financial instruments under the CEF – How?

• Projects targeted for financial instruments under CEF:

Projects with identifiable revenue streams or commercial benefits and long-term repayment:

• Motorways with tolls, shadow-tolling, availability schemes

• High Speed Rail

• Airports, logistics platforms & Ports development (e.g. New terminal)

• Alternative fuelling infrastructure and on-board equipment Traffic Management Systems equipment (e.g. ERTMS)

• Horizontal solutions may be offered for TMS or alternative fuels

• Possible combination with grants for first movers, but limited amount of grants to be made available

Transport

• Exemple: Emprunts obligataires de projets

Emprunt obligataire

Objectif notation minimum

A- Société de Projet

Fonds propres

Investisseurs sur les marchés

de capitaux

Maximum 30% de

l'émission obligataire

Dette Subordonnée/

garantie

Transport

CALL 2014

MAP: 11 b€

Cohesion Countries – 4 b€

7 b€ (28 MS):

6 b€ Crossborder sections/

botlenecks/ERTMS

250 M€ Innov / New Techs

750 M€ SESAR / MoS / Multim Plat.

350 M€ - MoS (250 + 100 Cohesion)

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CALL 2014

51

Publication of the CAll

on the European

Official Journal and

in the Web of the

Agency (INEA)

• Available Budgets

• Exclusion Criteria

• Elegibility Criteria

• Selection Criteria

• Co-financing Rates

• Elegibility of Costs