On the proposal for a regulation of the European Parliament and of the Council amending Regulations (EU) 2015/1017, (EU) 2021/523, (EU) 2021/695 and (EU) 2021/1153 as regards increasing the efficiency of the EU guarantee under Regulation (EU) 2021/523 and simplifying reporting requirements
TRAN-AD-771947
Committee on Transport and Tourism · Rapporteur: Elissavet VozembergVrionidi
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The committee opinion amends the proposal to ensure that funds from the CEF Debt Instrument are used only for transport investments under the Sustainable Infrastructure window of InvestEU.¶¶¶ It also expands eligible transport investments to include military mobility and dual-use infrastructure, and updates tourism and disability provisions.¶¶¶
Committee position. The Committee on Transport and Tourism proposes amendments to ensure CEF Debt Instrument funds are used exclusively for transport under the Sustainable Infrastructure window, and to broaden eligible investments to include military mobility.¶¶¶
Key points
- Calls for reallocated CEF Debt Instrument funds to be used exclusively for transport investments under the Sustainable Infrastructure policy window.¶¶¶
- Emphasizes that transport is crucial for competitiveness and security, noting that up to 90% of transport infrastructure for military operations is dual-use.¶
- Highlights that TEN-T requires EUR 845 billion by 2040, with EUR 210 billion for cross-border links.¶
- Supports combining legacy instruments with InvestEU but stresses avoiding reduced budget revenues and ensuring strategic investments.¶
- Allows member states to contribute to the InvestEU financial instrument in a fully funded manner, benefiting non-euro states.¶
- Adds military mobility and dual-use infrastructure to the list of eligible transport investments under the Sustainable Infrastructure window.¶¶
- Updates the tourism objective to 'enhancement of sustainable, safe, digital, innovative, accessible, and inclusive tourism'.¶
- Extends accessibility provisions to include the elder population.¶
Who is affected
- Transport infrastructure projects, including military mobility and dual-use, will be eligible for InvestEU funding.¶¶
- Member states, especially non-euro ones, can contribute to InvestEU financial instruments in their own currency.¶
- Persons with disabilities and the elder population benefit from expanded accessibility requirements.¶
Figures and deadlines
- EUR 750-800 billion per year by 2030 in additional investment needs¶
- up to 90% of transport infrastructure for military operations is dual-use
- EUR 845 billion needed for TEN-T by 2040¶
- EUR 210 billion needed for main cross-border links
- around EUR 25 billion additional investment expected to be mobilised¶