Open Call: Studies on Innovation in Climate Finance for Rail

About this opportunity

The European Union has launched a new research initiative to explore innovative climate finance solutions that can accelerate the sustainable transition of the railway sector towards net-zero emissions. The EU’s goal set by the European Green Deal is to achieve net-zero emissions by 2050. Railways are an essential component for transport decarbonisation and while technological developments would help rail to become more competitive and attractive, significant investment would be needed in the coming years to implement the successful outcome of EU-Rail innovations. In order to achieve this ambitious goal, exploring ways to unlock new financing sources and mechanisms to support sustainable railway development is of key importance. Key expected outcomes of this Research and Innovation Actions...