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On 1^st December, the European Commission launched the Global Gateway initiative, the new European Strategy aimed at boosting smart, clean and secure links in digital, energy and transport and strengthen health, education and research systems across the world. The initiative aims to mobilise up to €300 billion in investments between 2021 and 2027.

The Global Gateway initiative will be used to promote worldwide infrastructure investments that create sustainable, smart, resilient, inclusive, and safe transport networks in all modes of transport, including rail, road, ports, airports, as well as logistics and border-crossing points, and bring these modes together in a multimodal system. The EU will therefore provide additional € 4.6 billion to enhance sustainable transport connections. After extending the TEN-T network to the Western Balkans, Turkey, and the Eastern Partnership region, the EU will continue to work towards completing the jointly agreed priority infrastructure and will engage actively with partners on the adoption of the Trans-Mediterranean Transport Network (TMN-T) in the Southern Neighbourhood. The EU will promote the strengthening of connections with adjacent strategic corridors in Sub-Saharan Africa and Central Asia, advance the regulatory environment and promote EU and international standards.

The initiative’s objective is to foster convergence with European or international technical, social, environmental and competition standards, reciprocity in market access and a level playing field in the area of transport infrastructure planning and development. Global Gateway will serve to enhance the recharging and refuelling infrastructure for zero-emission vehicles and foster the supply of renewable and low-carbon fuels. Finally, it will serve to strengthen aviation and maritime links with key partners, while also setting new standards to enhance environmental and social sustainability, create fair competition and reduce emissions in those sectors.

Source: European Commission