LIFE – Mainstreaming sustainable energy finance and integrating energy performance in EU sustainable finance criteria and standards – 2021

To make sustainable energy investments more attractive to private investors and to align them with the EU’s sustainable finance policy

2022-01-12

5.5 million euros

Additional regional information :

The list of participating countries is available here.

Amount :

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Useful :

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Sectors : Energy Health

Beneficiary : All beneficiaries

Regions : Balkans, Candidate countries, European Economic Area, European Union

Category : Call for proposals

Manager : European Commission

Contact :

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Advice :

Objectives:

To mainstream and de-risk sustainable energy investments with a particular focus on private finance stakeholders (Scope A);
To focus on alignment or overachievement of the EU sustainable finance requirements in the field of sustainable energy investment (Scope B)

Among financed actions:

Securitisation of assets linked to sustainable energy with a particular focus on energy efficiency, e.g. through Green Bonds issuance;
Integration of long-termism and sustainability risks;
Exploring the impact of revised risk ratings and requirements for energy efficiency on financial regulations;
Harmonisation, aggregation, and mainstreaming existing market practices through de-risking private investments in sustainable energy as well as simplification of the investment process for investors;
Activities focusing on data:
- High quality data collection and/or analysis leading to refinement of investor risk models or access to specific financing schemes;
- Improvement of quality and interoperability of data including through standardisation of measurement units;
- Facilitation of high quality data collection and reporting for project developers;
- Creation of data governance frameworks leading to improvement of availability of relevant data including open access solutions
Incorporation of energy related sustainability preferences and/or increasing access to financial markets by retail investors;
Development and application of digital solutions including financial technology and algorithms facilitating energy-performance-based financing schemes

Additional information:

This call for proposals is an open call for proposals
Initial duration of the project: The project starting date and duration will be fixed in the Grant Agreement

Eligibility:

Be legal entities (public or private bodies);
Be established in one of the eligible countries;
Proposals must be submitted by at least 3 applicants (beneficiaries; not affiliated entities) from 3 different eligible countries

25 August 2021

9 June 2021