- The High-Speed Rail Action Plan aims for a connected European network by 2040, reducing travel times significantly.
- The Sustainable Transport Investment Plan targets 20 million tonnes of sustainable fuels by 2035, requiring €100 billion investment.
- Key investments include €2 billion for alternative fuels, €300 million for hydrogen, and €446 million for synthetic fuels.
- An eSAF Early Movers Coalition pilot project will mobilize €500 million for synthetic aviation fuel by 2025.
Transport Package Overview
The European Commission has introduced a transport package to enhance the EU's high-speed rail network and increase investment in renewable and low-carbon fuels for aviation and waterborne sectors. The initiative focuses on competitiveness and sustainability, aiming to make the EU transport system more efficient, interconnected, and resilient.
High-Speed Rail Action Plan
The High-Speed Rail Action Plan targets a faster, interoperable European network by 2040, reducing travel times and promoting rail as an alternative to short-haul flights. Key actions include removing cross-border bottlenecks, developing a coordinated financing strategy, and improving conditions for rail industry investments.
Sustainable Transport Investment Plan
The Sustainable Transport Investment Plan aims to boost investment in renewable and low-carbon fuels, with a target of 20 million tonnes of sustainable fuels by 2035, requiring an estimated €100 billion. The plan includes mobilizing at least €2.9 billion through EU instruments by 2027, with significant allocations for alternative fuels, hydrogen, and synthetic fuels.
Future Initiatives
An eSAF Early Movers Coalition pilot project is set to launch by 2025, aiming to mobilize €500 million for synthetic aviation fuel projects. The Commission will also work on connecting fuel producers and buyers to reduce investment risks and strengthen international partnerships to expand global fuel production.
