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CLimate Innovative Financing for the Rail sector in the EU

Objective

CLIFRAIL EU adopts an ambitious and innovative approach to unlocking climate‑finance opportunities for the European rail sector, enabling rail to play a transformative role in the EU’s net‑zero transition. While rail is inherently low‑carbon, achieving deep decarbonisation, network modernisation and significant modal shift require financing models that go beyond today’s public funding landscape. The project pioneers the first integrated framework linking climate‑finance instruments, such as green and sustainability‑linked bonds, blended finance structures and carbon‑credit mechanisms, with rail‑specific emission accounting, reporting obligations and the investment needs. It develops a novel typology of rail actors and financing use cases, identifying where climate finance can deliver the greatest impact on EU rail decarbonisation and modal shift. Through an ambitious validation process using real‑world operational and financial data, the project tests the bankability, reporting feasibility and scalability of innovative financing approaches across different rail contexts, bridging the gap between climate‑finance theory and practical implementation in the sector.

The work yields several groundbreaking outputs: a consolidated mapping of climate‑finance options tailored to rail; methodologies for measuring GHG reductions and avoided emissions aligned with EU Taxonomy and CSRD; validated high‑potential use cases; a comparative scorecard showing conditions for success across financing models; and a practical Guidebook for Rail Reporting. By combining methodological innovation, evidence‑based validation and extensive stakeholder engagement, the project significantly enhances the rail sector’s capacity to access climate finance, informs future policy alignment, and provides actionable pathways to scale sustainable investment in European rail.

Fields of science (EuroSciVoc)

Programme(s)

Topic(s)

Funding Scheme

HORIZON-JU-RIA - HORIZON JU Research and Innovation Actions

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Call for proposal

(opens in new window) HORIZON-JU-ER-2025-02

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Coordinator

GUIDEHOUSE NETHERLANDS BV
Net EU contribution
€ 276 406,25
Address
STADSPLATEAU 15
3521 AZ Utrecht
Netherlands
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Total cost
No data

Participants (3)