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30 Organisations Ask Europe To Invest More In Transport

The campaign for a strong Connecting Europe Facility focuses on an economically competitive Europe through greener, safer and secure transport system which helps create innumerable jobs, increase GDP level, indeed, at the enormous cost of €750 billion. To achieve all these superb laudable goals by 2030 , massive grants are essential. To take definite strides on this missionary path of progress, 30 organizations have joined together to see to it that Europe invests the money required to make a strong Connecting Europe Facility a reality. ESPO takes the lead.

 With the slogan “More EU budget for transport, the best investment plan for Europe” a coalition of thirty European transport organisations are launching today their campaign for a strong connecting Europe Facility for the next financial period 2021-2028.

 “We are very pleased to see that 30 transport organisations, covering all modes and nodes, service providers, users and cargo owners are supporting this plea for a strong financial support for the completion of the TEN-T network. 750 billion euro is needed to complete the TEN-T core network. We all know that transport projects with a high societal return do not always generate the necessary return on investment. We also believe that CEF support is the best guarantee to deliver high EU added value and responsible grant management”, says ESPO’s Secretary General Isabelle Ryckbost, who has taken  the campaign on behalf of the Coalition to  the Connecting Europe Conference held on 21 and 22 September in Tallinn.

“Ports face a continual challenge to invest in long-lived port infrastructure. Even where such investments provide high added value and generate substantial economic returns, they often have low financial returns for the port authority. In the context of the review of the Connecting Europe Facility, ESPO will continue to make the case for continued and increased financial support in a variety of forms. Grants are an essential component of this”, says ESPO’s Chairman, Eamonn O‘Reilly.

And the campaign leaflet justifies the necessity for a strong connecting Europe Facility with clear logically developed points of view.

EUROPE NEEDS TRANSPORT Transport helps people move, keeps business and trade up and running, enables the completion of the internal market, enhances tourism and bridges the gap between the different regions of Europe. Imagine a life without transport… If transport stops, the economy stops.

20 MILLION EUROPEANS WORK IN TRANSPORT 1 in 10 Europeans works in the transport sector. On its own, completing the TEN-T network will create 10 million extra jobs by 2030. Better transport infrastructure is also an investment in long term growth and jobs. Investing € 750 billion can generate € 4,551 billion additional GDP. Every billion invested in the core network will create close to 20,000 new jobs.

INVEST IN BETTER TRANSPORT Europe faces enormous challenges to remain a competitive, mobile and attractive place to live and invest in for the years to come. Moving towards a greener, truly integrated, digital, accessible-to-all, safer, more secure transport system which is socially sustainable requires investments and funding now!

DECARBONISATION OF TRANSPORT IS THE ONLY WAY FORWARD  The decarbonisation targets can only be met if all transport modes continue to invest in greener technologies and in a more efficient and smart logistic chain.

EUROPE’S TRANSPORT INVESTMENT PLAN The Trans European Transport Network (TEN-T) as defined in 2013 sets the right priorities in terms of sustainability, cohesion and can contribute in facing the current transport challenges. This plan comes with a corresponding investment programme, the Connecting Europe Facility (CEF). The core network must be completed by 2030, which requires more than €750 billion.

GRANTS ESSENTIAL TO COMPLETE NETWORK Transport projects with a high societal return do not generate the necessary return on investment. Grants thus remain a vital component. After three years, the current CEF Transport Budget has been fully used. Demand for CEF funds exceed on average 2.5 times the available resources. The completion of the core network is at risk due to insufficient budget.

A STRONGER CONNECTING EUROPE FACILITY  CEF support is the best guarantee to deliver EU high added value. A strong CEF with responsible grant management is essential to complete the Trans-European Networks (TEN-T).

THAT IS WHY MORE EU BUDGET FOR TRANSPORT IS THE BEST INVESTMENT PLAN FOR EUROPE! ACI EUROPE .

 


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