The results clearly show that, at midterm, the CEF is already delivering on its promises and providing European added-value for the completion of the sectorial networks, facilitating synergies between them and leveraging private finance. So far, three and a half years on, the Commission has allocated €23.1 billion in grants (i.e. over 80% of the CEF grant budget) for projects in the three sectors, which have mobilised total investments of more than €45 billion. CEF-related financial instruments, including those under predecessor programmes, have generated additional investments in the three CEF sectors of €13.9 billion, out of which around €4.5 billion since 2014.
Click here to view the mid-term results.
Source: Innovation and Networks Executive Agency