Project Development Assistance for sustainable energy investments
The Project Development Assistance (PDA) funding initiative, under the LIFE Clean Energy Transition (CET) programme, offers crucial technical assistance to both public and private entities aiming to accelerate sustainable energy investments across Europe. This program uniquely focuses on transforming ambitious project ideas into concrete, bankable investment schemes by providing expertise and fostering innovative financial and organisational approaches. It plays a vital role in supporting the European Green Deal goals and the REPowerEU Plan by mobilising significant private capital for energy efficiency and renewable energy projects.
Who is Funded and the Program's Objectives
The Project Development Assistance (PDA) program is designed to support a wide array of public and private entities across Europe in developing and launching substantial sustainable energy investments. It aims to bolster expertise and facilitate the deployment of innovative financing solutions to achieve ambitious energy saving and decarbonisation targets, aligning with broader European clean energy transition objectives.
What is Funded: Project Types and Activities
The Project Development Assistance (PDA) program targets a broad spectrum of sustainable energy projects across various sectors, focusing on technical and financial preparation rather than direct hardware investments. Projects should aim for high levels of energy savings and decarbonisation, supporting the transition towards a cleaner energy system.
Type and Scope of Funding
The Project Development Assistance (PDA) program provides financial support in the form of grants, specifically as Coordination and Support Actions (CSAs) under the LIFE programme. This grant mechanism is designed to cover a significant portion of eligible costs, with an emphasis on leveraging substantial private investments.
Conditions and Requirements for Applicants
Applicants to the Project Development Assistance (PDA) program must adhere to specific conditions and requirements concerning admissibility, eligibility, financial capacity, and project implementation. These provisions ensure that proposals align with the program's strategic objectives and contribute effectively to the clean energy transition.
Application Procedure
The application process for the Project Development Assistance (PDA) program follows a structured approach, requiring specific documentation and adherence to defined evaluation procedures. Applicants are informed of results after a thorough assessment.
Legal Basis of the Funding Program
The Project Development Assistance (PDA) program is firmly rooted in the European Union's legislative framework, drawing its authority from specific regulations and work programmes designed to advance environmental and climate action.
Similar Programs
Funding Overview
Funding Status:
Closed
Maximum Amount:
1,500,000 €
Allocated Budget:
7,000,000 €
Open Until:
Ongoing
Award Channel:
Framework Programme Call
Region:
European Union
Sectors:
Construction and Building Materials, Energy Production and Supply, Renewable Energy, Water and Waste Management, Transportation and Logistics, Service Sector, Other
Beneficiaries:
Public and private project developers, public authorities, public/private infrastructure operators, energy agencies, energy service companies, retail chains, large property owners, services, industry.
Application Type:
Optional Consortium
Funding Stages:
Pilot Testing, Product Development, Process Optimization, Market Introduction, Scaling, Commercialization, Implementation, Infrastructure, Service Delivery, Capacity Building
Funding Provider
Program Level:
European Union
Funding Body:
European Commission (under LIFE Programme)
Managed By:
CINEA (European Climate, Infrastructure and Environment Executive Agency)
Additional Partners:
No information found
Website: