Framework Operation Green Mobility and Transport

The Framework Operation Green Mobility and Transport, approved by the InvestEU Investment Committee, allows the Nordic Investment Bank (NIB) to provide financing. This initiative targets the decarbonization of transportation in the Nordic and Baltic regions, including Poland, focusing on green vehicles and infrastructure, renewable fuels, and mobility solutions.

Programme name

Objective(s) and scope

The aim of the Framework Operation is to provide debt financing to sub-projects in the transport and mobility sector. The Framework will primarily support investments in the decarbonisation of the transport sector and promote cleaner and safer mobility to bring an important contribution to climate change mitigation coefficients. The Framework can also address investment needs related to the development of the TEN-T infrastructure and digitalisation investments aimed at GHG reduction and safety.

In the context of green mobility transition, the Framework Operation shall cover sub-projects related to the development, manufacturing and operation of all eligible green transportation solutions as per the Guarantee Agreement product schedule, including the development and manufacturing of key components used for the production of such green vehicles and mobility solutions (e.g. batteries, fuel cells). The Framework can also include investments related to the supply of renewable and low carbon fuels for vessels and vehicles.

Type of finance provider

Public

Administering body

Nordic Investment Bank (NIB)

Financing product

Sustainability linked loan

Financing value

No fixed amount per project. Total amount available under this programme is EUR 150 million for projects promoting the greening of the transport sector.