The transport and mobility sector plays an important role in Europe’s labour market and GDP. It directly employs over 10 million people and accounts for about 5% of the GDP. However, this sector also represents almost a quarter of Europe’s greenhouse gas emissions (GHG) and is the main cause of air pollution in cities.
Accelerating the uptake and deployment of innovative transport products and services is a prerequisite to achieving European environmental objectives. However, due to the lack of visibility of the existing innovative solutions, risks associated with the uptake of first-of-a-kind solutions, and low access to finance, it remains a bottleneck.
ENTRANCE aims to boost the implementation of innovative solutions that contribute to the ambitious goals envisaged by the European Commission for reducing CO2 emissions by 2030 and 2050 and respond to the increasing mobility needs of people and goods thereby strengthening the European competitiveness and boosting growth and jobs.
