Project Development Assistance for sustainable energy investments
The Project Development Assistance (PDA) program, identified as LIFE-2024-CET-PDA, is a key EU initiative under the LIFE Clean Energy Transition sub-programme. Its main purpose is to offer technical assistance that facilitates the development and launch of ambitious, large-scale sustainable energy investments. By mobilizing private capital and addressing market barriers, the program significantly contributes to the European Green Deal’s objectives for decarbonisation and clean energy.
Who is Funded for Sustainable Energy Investments
The LIFE-2024-CET-PDA program focuses on supporting a wide array of entities committed to advancing sustainable energy investments across the European Union. It aims to build the necessary capacity for impactful projects that align with the EU's ambitious decarbonisation goals.
What Sustainable Energy Projects are Funded
The LIFE-2024-CET-PDA program supports a diverse portfolio of projects aimed at accelerating the clean energy transition, primarily focusing on tangible investments in energy efficiency and renewable energy across various sectors. The program emphasizes innovative approaches and significant decarbonisation efforts, contributing to a sustainable and climate-neutral economy.
Type and Scope of Funding for Project Development Assistance
The LIFE-2024-CET-PDA provides significant grant funding to stimulate sustainable energy investments. The financial support is designed to cover a substantial portion of eligible project costs, with a focus on maximizing leverage of private capital.
Key Conditions and Requirements for LIFE-2024-CET-PDA
Applicants to the LIFE-2024-CET-PDA program must meet specific conditions related to their application, operational and financial capacity, and project execution. Adherence to these requirements ensures that projects are well-managed, financially sound, and align with EU policy objectives.
Application Procedure for Sustainable Energy Project Funding
The application process for LIFE-2024-CET-PDA follows a streamlined, one-stage submission and evaluation procedure managed through the EU's Funding & Tenders Portal. Applicants are guided through a clear process from submission to the final decision and grant agreement preparation.
Legal Basis of LIFE-2024-CET-PDA
The LIFE-2024-CET-PDA program is firmly rooted in established European Union legal frameworks, ensuring its legitimacy, operational guidelines, and financial management align with broader EU policies.
Similar Programs
Funding Overview
Funding Status:
Closed
Maximum Amount:
1,500,000 €
Allocated Budget:
6,000,000 €
Open Until:
Ongoing
Award Channel:
Framework Programme Call
Region:
European Union (Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden)
Sectors:
Renewable Energy, Energy Production and Supply, Construction and Building Materials, Water and Waste Management, Transportation and Logistics, Service Sector, Environmental and Climate Protection, Other
Beneficiaries:
Public or private project promoters, public/private infrastructure operators and bodies, energy agencies, energy service companies, retail chains, large property owners, services or industry.
Application Type:
Single Applicant
Funding Stages:
Implementation, Commercialization
Funding Provider
Program Level:
European Union
Funding Body:
European Commission
Managed By:
European Climate, Infrastructure and Environment Executive Agency (CINEA)
Website: