Period 2014-2020

European funding

Responsive Image

In the 2014-2020 period funding amounting to 1,478.3 million euros is expected.

The European Regional Development Fund (ERDF) via the Multi-Regional O.P. for Spain 2014-2020, Thematic Objective 7: Sustainable transport, contributes 1,286.6 million euros. ERDF grants totalling 3.4 million euros have also been awarded, which are managed by the Institute for Diversification and Energy Saving (See R+D+i Funding), and the “Connecting Europe” Mechanism of the European Union (CEF) has contributed 188.3 million euros.

(Data as of 31 December 2020)

Financing for High-Speed Lines

The European Regional Development Fund (ERDF)

The European Regional Development Fund (ERDF) is part of the European Structural and Investment Funds (ESIF) together with the European Social Fund (ESF), the European Agricultural Fund for Rural Development (EAFRD) and the European Maritime and Fisheries Fund (EMFF).

The aim of these funds is to promote competitiveness and cohesion in all territories and they are a vital instrument for meeting Spain's main development challenges and in the application of the Europe 2020 Strategy.

The Europe 2020 Strategy is the agenda for growth and employment in this decade.It points to smart, sustainable and inclusive growth as the route for overcoming the structural deficiencies of the European economy, improving competitiveness and productivity and supporting a sustainable market social economy.

On 30 October, 2014, Spain signed an association agreement with the European Commission establishing the strategy for the optimal use of the European Structural and Investment Funds throughout the country.

In Spain the management of the European Structural and Investment Funds (ESIF) is undertaken by the Tax and Public Service Ministry.

European Regulations: 1303/2013 of the European Parliament and of the Council and 480/2014, 821/2014, 1011/2014 and 2015/207 of the Commission.

ERDF

The European Regional Development Fund (ERDF) as part of the Multi-Regional O.P.for Spain, Thematic Objective 7: sustainable transport, indicatively allocates aid of 1,290 billion euros
The Sub-Directorate General for ERDF Management of the Ministry of Finance, entrusted Adif Alta Velocidad with the functions included in the Agreement signed by the Director General of Community Funds on 17 April, 2017, accepted by the President of the organization on 8 May, 2017.
Description of operations and communication actions carried out

Connecting Europe Mechanism (CEF)

The European Union's "Connecting Europe Facility" (CEF) is an instrument of the European Union to provide financial support for projects of common interest in the trans-European transport, telecommunications and energy networks.

The aim of these grants is to develop and improve the European transport network, while promoting sustainable and innovative mobility solutions.

This aid is managed by the European Commission's INEA through annual tenders and is granted competitively between the different tenders.

European Regulations: 1315/2013 and 1316/2013 of the European Parliament and of the Council.

Actions

The "Connecting Europe Facility" (CEF) is co-financing the following actions with funding estimated at 188.3 million Euros: