EUCF: Development of Investment Concepts related to climate & energy action plans of municipalities
Background
Objective of the call
The European City Facility (EUCF) aims to support municipalities and local authorities in developing Investment Concepts related to the implementation of actions identified in their climate and energy action plans. The ultimate objective of the EUCF is to build a substantial pipeline of sustainable energy investment projects across municipalities in Europe.
The EUCF finances the development of an Investment Concept with a fixed grant of 60 000 EUR for each beneficiary. The ongoing call, closing on June 30, 2023, at 17.00 CEST, will fund 70 beneficaries.
Who can apply?
The EUCF is open to all municipalities/local authorities, their groupings, and local public entities aggregating municipalities/local authorities from the 27 EU Member States, Iceland and Ukraine. Applicants are required to have a climate and/or energy plan. This includes SECAPs (Sustainable Energy and Climate Action Plans), developed within the Covenant of Mayors initiative, or other climate and/or energy plans with mitigation targets.
Moreover, applicants have to demonstrate political commitment to the development of the Investment Concept through a letter of support, signed by the Mayor or other relevant political representative. The applicant must commit to the EUCF monitoring period of two years.
What can be financed?
The EUCF finances activities, such as (technical) feasibility studies, market analyses, stakeholder analyses, legal, economic and financial analyses, risk analyses, etc., that are required to develop the investment concept. These activities can be delivered by in-house staff or subcontracted external experts.
The grant cannot directly finance the actual investments, but it covers costs to mobilise resources and access services to develop an investment concept.
Applications are evaluated based on 4 evaluation criteria:
- Ambition of the proposed investment concept
- Governance structure for the development of the investment concept
- Stakeholders engagement strategy
- Coherence and plausibility
Expected result
The expected output is the developed investment concept, i.e. a document providing investors and financial institutions with necessary information to assess an investment project.
Note: Languages in which the applications may be submitted: English
Published on 12 May, 2023.