Based on an extensive series of interviews with experts and decision-makers from the European Commission (EC), research institutes such as the Observatoire français des conjonctures économiques (OFCE), partner organizations such as the International Association of Public Transport (UITP), European public operators such as the Madrid Metropolitan Transport Company (EMT) and the Budapest Transport Company (BKV), as well as Public Transit Agencies such as the Abruzzo Region in Italy, the students' summary report offers lessons on the state of green financing in Europe.
The report highlights a paradigm shift from European public funding, allocated on a project-by-project basis over a relatively short period of time and based on territorial cohesion and competitiveness criteria, to international funding, of mixed public and private origin, allocated to projects but also in the form of debt and equity, over variable durations and based on Environmental, Social and Governance (ESG) criteria. This observation reinforces our determination to provide our Clients with strong CSRD reporting, enabling them to access ESG funds under the right conditions over the long term.