Canary Islands Intermodal Transportation Fund

Overview

The Canary Islands government has announced a €15 million fund aimed at enhancing intermodal transportation infrastructure across the region. This initiative, part of the EU's FEDER 2021-2027 program, seeks to promote sustainable multimodal mobility and reduce carbon emissions.

Beneficiaries are local island councils that meet established criteria, and the funding covers projects starting in 2026 through 2028, with the EU covering 85% of the costs.

Goals

• Support the transition to greener urban transportation
• Improve infrastructure that facilitates seamless connectivity between different modes of transit

Application Process

• Applicants must submit their projects electronically within 20 working days from the publication date
• Submissions should include detailed technical and financial plans

Funding Details

• Maximum grant of €4.5 million per project
• Up to 80% funding on eligible expenses

Broader Context

This move aligns with broader efforts across Europe to spearhead sustainable mobility, especially in regions like the Canary Islands, known for their unique geography and transportation challenges.

Benefits

• Supports innovative projects that align with environmental and mobility goals
• Upgraded, eco-friendly transport options for residents and local authorities
• Contribution to the islands’ economic and social vitality