Investing in Europe's Growth The Trans-European Transport Network
The New Financial Framework for the Trans-European Transport Network & MoS, Challenges ... · 2014....
Transcript of The New Financial Framework for the Trans-European Transport Network & MoS, Challenges ... · 2014....
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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
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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)
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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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Transport
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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Transport
CEF: Direct management
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Transport
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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Transport
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
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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
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Transport
New EU infrastructure policy package
policy framework → TEN-T Guidelines
(Regulation 1315/2013)
financial framework → CEF
(Regulation 1316/2013)
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Transport
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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Transport
The patchwork today Priority project sections completed by 2011
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Transport
2030 – a European core network
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Transport
2030 – a E202030 – a European core network30 – a European core networku2030 – a European core networkropean core network
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Transport
10 Core network Corridors - I
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Transport
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Transport
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Transport
European Core Network :
. RAIL (freight)
. Inland Ports
. Maritime Ports
. Rail-Road
Terminals
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Transport
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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Transport
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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Transport
The 9 Core Network Corridors TEN-T
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Transport
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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Transport
Opportunities for the financing of TEN-T projects
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Transport
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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Transport
The 9 TEN-T Core Network Corridors
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Transport
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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Transport
How to make a corridor
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Transport
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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Transport
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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Transport
Scandinavian-Mediterranean corridor
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Transport
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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Transport
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Transport
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Transport
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Transport
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Transport
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Transport
The 9 TEN-T Core Network Corridors
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Transport
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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Transport
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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Transport
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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Transport
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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Transport
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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Transport
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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Transport
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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Transport
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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Transport
Connecting Europe Facility
(CEF)
CALL 2014
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Transport
New EU infrastructure policy package
policy framework → TEN-T Guidelines
(Regulation 1315/2013)
financial framework → CEF
(Regulation 1316/2013)
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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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Transport
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
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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
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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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Transport
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