A funding of 514.3 million euros is planned over the 2014-2020 period, The European Regional Development Fund (ERDF), through the Multiregional OP for Spain 2014-2020, will contribute 396.7 million euros, which will be broken down into 387.86 million euros corresponding to Thematic Objective 7: Sustainable transport, 3.18 million euros to Thematic Objective 4: Low carbon economy and 5.67 million euros to Thematic Objective 13: Technical assistance. The EU's funding instrument “Connecting Europe Facility” (CEF) will contribute 117.6 million euros.
During this period, Adif will also receive ERDF funding amounting to 8.2 million euros, which shall be managed by the Ministry of Science and Innovation and the Institute for Diversification and Energy Saving (IDAE, as per its acronym in Spanish). (See funding information in R + D + i )
(Data as of December 31, 2020)
The European Regional Development Fund (ERDF)
The European Regional Development Fund (ERDF) is part of the European Structural and Investment Funds (ESI Funds) together with the European Social Fund (ESF), the European Agricultural Fund for Rural Development (EAFRD) and the European Maritime and Fisheries Fund (EMFF).
The purpose of these funds is to promote competitiveness and the convergence of all territories. ERDF funds are an essential instrument to face the main development challenges of Spain and the implementation of the Europe 2020 Strategy.
The Europe 2020 Strategy is the EU's growth and jobs agenda for this decade. It points to smart, sustainable and inclusive growth as a way to overcome the structural deficiencies of the European economy, improve its competitiveness and productivity, and maintain a sustainable social market economy.
Spain signed on 30 October 2014 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 European Structural and Investment Funds (ESI Funds) are managed by the Ministry of Finance and Civil Service.
European Regulations: European Parliament and Council regulation 1303/2013 and European Commission regulations 480/2014, 821/2014, 1011/2014 and 2015/207.
The European Regional Development Fund (ERDF), through the Multiregional OP for Spain, Thematic Objective 7: Sustainable transport, allocates a funding of 404.9 million euros.
The Department for ERDF Management within the Ministry of Finance entrusted ADIF with the duties included in the agreement signed by the General Manager of Community Funds on 17 April 2017 and accepted by ADIF's chairperson on 8 May 2017.
EU funding instrument “Connecting Europe Facility” (CEF)
"Connecting Europe Facility" (CEF) is a funding instrument of the European Union that provides financial support to projects of common interest for the trans-European transport, telecommunications and energy networks.
The aim of these funds is to develop and improve the European transport network, while promoting sustainable and innovative mobility solutions.
These funds are managed by the European Commission's Innovation and Networks Executive Agency (INEA) and awarded through annual tenders between the competing candidates.
European Regulations: European Parliament and Council regulations 1315/2013 and 1316/2013.