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European City Facility

Project description

Unlocking finance for energy efficiency one city at a time

Mobilising investment in energy efficiency and renewables is key for Europe's energy transition. The EU-funded EUCF project aims to build a pipeline of sustainable energy investment projects in cities across Europe. To overcome the barriers and develop credible investment packages and mobilise finance, it will provide targeted financial, technical, legal and capacity building support to public authority staff and small and medium size enterprises (SMEs). Inspired by best practices, the project will also provide technical and financial expertise at the local level. It will deliver more than 200 credible and scalable investment concepts aimed to generate substantial public and private investment. Overall, the project expects to reach out to more than 8 000 cities and communities across Europe.

Objective

Our vision of the European City Facility (EUCF) is one where European cities have their say on how the EUCF financial support will be used to meet their needs and help them overcome barriers they face in financing and implementing their ambitious energy and climate strategies.

The ultimate objective of the EUCF is to build a substantial pipeline of sustainable energy investment projects across cities in Europe. This will be achieved by providing targeted financial, technical, legal and capacity building support to overcome critical barriers, develop credible investment packages and mobilise finance. Delivering this will require organisational, technical and financial innovation, in particular to bridge the capacity and capability gap for small and medium-sized municipalities.

The specific objectives are to:
- Provide hands-on locally rooted technical and financial expertise, inspired by ‘best in class’ European practice, to cities to deliver at least 225 credible and scalable investment concepts (hereafter referred to as IC) which should trigger more than EUR 320 M of public and private investment.
- Build the capacity of at least 450 public authority staff to develop substantial project pipelines and provide them with tools, networking and knowledge transfer opportunities which will facilitate and accelerate the IC implementation, including via innovative financing mechanisms and project aggregation.
- Facilitate access especially for small and medium-sized municipalities to private finance, EU funding streams and similar facilities (e.g. ESIF, H2020-PDA, Elena-EIB) and advisory services such as the EIB Advisory Hub to realise and amplify the expected investments.
- Use the successful IC and knowledge of EUCF beneficiaries to reach out to more than 8,000 cities and communities, encourage replication and catalyse further action across European cities.

Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Programme(s)

Multi-annual funding programmes that define the EU’s priorities for research and innovation.

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

CSA - Coordination and support action

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) H2020-LC-SC3-2018-2019-2020

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Coordinator

ENERGY CITIES/ENERGIE-CITES ASSOCIATION
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 13 564 507,06
Address
CHEMIN DU FORT DE BREGILLE 4
25000 BESANCON
France

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Region
Bourgogne-Franche-Comté Franche-Comté Doubs
Activity type
Other
Links
Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 13 587 477,06

Participants (20)

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