Which organization implements the majority of CEF's budget?

The majority of the Connecting Europe Facility (CEF) budget is implemented by INEA, the Innovation and Networks Executive Agency. INEA plays a crucial role in managing and executing projects under the CEF, particularly within the transport, energy, and telecommunications sectors.

This agency is responsible for overseeing the financing of projects that contribute to the building of cross-border infrastructure and enhancing connectivity throughout Europe. INEA is tasked with ensuring that the funded projects align with the CEF's objectives and that they provide value for the investment made.

The European Investment Bank, the European Commission, and the Fund for European Regional Development all play significant roles in European funding and project implementation, but it is INEA that directly manages the majority of the CEF's budget, focusing on achieving the strategic goals related to infrastructure and connectivity within the EU.