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 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.
In line with the EUCF objectives, local authorities/municipalities are strongly encouraged to join forces and resources and submit joint applications, to increase the ambition of the application and increase the chances of success.
The EUCF finances the development of an Investment Concept with a fixed grant of €60 000.
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.
THE EU ECO-TANDEM CONSORTIUM: info@eu-ecotandem.eu