Innovative financing schemes for sustainable energy investments
The LIFE-2022-CET-INNOFIN program, under the broader LIFE-2022-CET call, focuses on establishing innovative financing schemes to significantly increase investments in sustainable energy, particularly energy efficiency and small-scale renewable energy sources. This initiative aims to align with and contribute to ambitious EU climate and energy policy targets, mobilizing substantial public and private funding to accelerate Europe's transition to a climate-neutral continent.
Who is Funded by LIFE-2022-CET-INNOFIN
The LIFE-2022-CET-INNOFIN program targets a broad range of public and private organizations across the European Union and associated countries, aiming to foster innovative financing mechanisms for sustainable energy. The primary goal is to enhance investments in energy efficiency and small-scale renewable energy.
What is Funded Under LIFE-2022-CET-INNOFIN
This program specifically funds projects focused on developing and implementing financial solutions for sustainable energy, particularly in energy efficiency and small-scale renewables. It supports the creation of operational financing schemes, excluding direct technology financing but allowing for indispensable equipment costs under depreciation.
Type and Scope of Funding for Sustainable Energy Investments
The LIFE-2022-CET-INNOFIN program provides financial support through grants, with a recommended maximum EU contribution of 1.5 million Euros per proposal. It mandates a consortium-based application structure, requiring at least three applicants from different eligible countries.
Conditions and Requirements for Applicants
Applicants for LIFE-2022-CET-INNOFIN must adhere to strict conditions regarding application submission, financial capacity, and ethical considerations. A key requirement is the formation of a transnational consortium, ensuring broad European collaboration.
Application Procedure
The application process for LIFE-2022-CET-INNOFIN follows a single-stage submission procedure. Detailed guidelines, forms, and evaluation criteria are available through official EU funding portals and call documents.
Legal Basis
The LIFE-2022-CET-INNOFIN funding program is firmly rooted in established European Union legal frameworks and regulations, ensuring transparency and adherence to financial guidelines.
Similar Programs
Funding Overview
Funding Status:
Closed
Maximum Amount:
1,500,000 €
Allocated Budget:
4,000,000 €
Award Channel:
Framework Programme Call
Region:
EuropeanUnion
Sectors:
Renewable Energy, Energy Production and Supply
Application Type:
Consortium Required
Funding Stages:
Implementation, Commercialization, Service Delivery
Funding Provider
Program Level:
European Union
Funding Body:
European Commission
Managed By:
[email protected] (contact email implies CINEA as managing body)
Additional Partners:
National Contact Points (NCPs) for support.
Website: