Crowding in private finance

Last updated: 15.7.2025
Grant

The LIFE-2023-CET-PRIVAFIN program aims to significantly boost private investment in energy efficiency and small-scale renewable energy sources across Europe. It seeks to establish innovative financing schemes and engage financial institutions to adapt their investment practices, thereby overcoming perceived risks and complexities in sustainable energy investments. This initiative is crucial for achieving the ambitious targets of the European Green Deal and the REPowerEU Plan.

Who is Funded

This section outlines the general eligibility criteria for funding, detailing the types of applicants and the geographical scope, along with the program's primary goals. The program primarily targets entities capable of developing and implementing innovative financial solutions for sustainable energy investments across Europe, emphasizing a collaborative approach.

What is Funded

This section details the specific types of projects, thematic areas, and activities that are eligible for funding, including information on covered costs and the typical development stage of supported initiatives. The program focuses on market-oriented solutions that directly encourage private investment in clean energy.

Type and Scope of Funding

This section provides a clear overview of the financial support available, including the type of financial instrument, the maximum funding amounts, and the co-financing rates. It outlines the financial parameters designed to catalyze significant private investment in sustainable energy.

Conditions and Requirements

This section outlines the essential rules and specific conditions that applicants and beneficiaries must adhere to throughout the application and project implementation phases. It covers consortium formation, eligibility, and other pertinent provisions.

Application Procedure

This section guides potential applicants through the process of submitting a proposal, detailing the flow, evaluation, and communication of decisions. It highlights the structured steps for securing funding under this program.

This section outlines the foundational legal and official documents that authorize, establish, and govern the "Crowding in private finance" funding program. It identifies the primary source of its legitimacy and significant overarching regulations.

Similar Programs

#Private Finance#Sustainable Energy Investments#Energy Efficiency#Renewable Energy#LIFE Program#Innovative Financing Schemes#EU Green Deal#REPowerEU#Financial Institutions#Clean Energy Transition#European Funding#Climate Action#Building Renovation#SME Energy Investments#Project Development Assistance#Financial Products#Capital Mobilization

Funding Overview

Funding Status

Funding Status:

Closed

Maximum Amount

Maximum Amount:

1,500,000 €

Allocated Budget

Allocated Budget:

6,500,000 €

Award Channel

Award Channel:

Framework Programme Call

Region

Region:

European Union

Sectors

Sectors:

Renewable Energy, Energy Production and Supply, Service Sector, Financial Technology, Environmental and Climate Protection

Application Type

Application Type:

Consortium Required

Funding Stages

Funding Stages:

Implementation, Commercialization, Policy Development

Funding Provider

Program Level:

European Union

Funding Body:

European Commission

Managed By:

CINEA (European Climate, Infrastructure and Environment Executive Agency)

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