Investments of 3,1 billion euros in the energy and climate transition

According to the “Sustainable 2030” program presented today

Portugal will invest more than 3,1 billion euros of European funding in the energy and climate transition, in accordance with the “Sustainable 2030” program, presented today.

The “Sustainable 2030 – Program for Climate Action and Sustainability”, presented at the Port of Leixões, Matosinhos, will have as priorities sustainability and climate transition and adaptation, sustainable urban mobility and rail transport networks and port infrastructures.

The investments that will be made through the program (the annual warning plan has already been published) are fundamental to achieving the “objective of carbon neutrality in 2050”, says the president of the “Sustainable 2030” steering committee, Helena Azevedo, in a statement. .

In the area of ​​sustainability and climate transition, the program will focus on the development of intelligent energy systems, networks and forms of storage, with expected funding of 25 million euros, with a further 276 million expected to promote adaptation to climate change and prevention of catastrophe risks.

The objective, on the mainland, is to reduce the risk of erosion by 20% of the coastline in a situation of erosion. In Madeira the interventions cover 70 kilometers.

Another of the main bets, sustainable urban mobility, will receive financing of more than 1.312 million euros, with investments in urban services in Lisbon, Porto and Coimbra in the expansion of transport networks, increased capacity and modernization, leading to an increase of users (almost 40 million) per year.

Still in the area of ​​transport, the program will finance the development of a trans-European transport network.

«For a total of 1.395 million euros, the program intends, until 2029, to finance a set of investments aimed at completing and modernizing railway transport infrastructures, belonging to the trans-European network, with an extension of 141 kilometers (km) and with an expected impact an increase of around 130 million passengers km/year and 321 million tons of goods km/year", says the statement.

In the maritime-port sector, it is planned to finance interventions in 10 seaports, allowing an expected increase in goods handled of more than 32 million tons/year. In the Azores, interventions in terminals will serve more than 1,2 million passengers/year in 2029.

With total expected European funding of 340 million euros, “Sustainable 2030” presents three strategic options, one the completion of the second phase of the Alentejo Line (Poceirão-Bombel duplication), another the completion of the Mondego Mobility System, and the third reconstruction of the port of Lajes das Flores.