The Cleaner Transport Facility (CTF) has been launched by the European Investment Bank (EIB) and the European Commission to accelerate the deployment of alternative fuels and associated infrastructure for the EU transport sector. Alternatives are cited as electricity, hydrogen, biofuels and natural gasses including biogas, CNG and LNG. The initiative aims to reduce carbon emissions and, as a byproduct, healthcare costs. The first project, buying new hydrogen fuel cell transport for the Latvian capital, Riga, is expected to be signed off early next year, with other projects under approval for France and Spain.
The Cleaner Transport Facility (CTF) has been launched by the European Investment Bank (EIB) and the European Commission to accelerate the deployment of alternative fuels and associated infrastructure for the EU transport sector. Alternatives are cited as electricity, hydrogen, biofuels and natural gasses including biogas, CNG and LNG. The initiative aims to reduce carbon emissions and, as a byproduct, healthcare costs. The first project, buying new hydrogen fuel cell transport for the Latvian capital, Riga, is expected to be signed off next year, with other projects under approval for France and Spain.