More information about the process and criteria of validation of the investment concepts will be published soon on the EUCF website.
The investment concepts developed by EUCF beneficiaries are validated by a dedicated team of evaluators from adelphi and Enviros (the partners Energy Cities, Climate Alliance, FEDARENE, ICLEI-Europe and GNE Finance are not involved in the validation process).
Following the support activities during the development of the investment concept, the second set of support accompanies the implementation of the investment concepts and aims at bringing in touch EUCF beneficiaries with the investor community. The EUCF accompanies the implementation process by supporting the engagement process with potential investors as well as roadshows and matchmaking events. Moreover, theEUCF Helpdesk is available for beneficiaries to address the EUCF team in case of questions regarding the implementation of the investment concept, the procedures for monitoring and reporting and the potential aggregation/joint procurement of projects.
No. EUCF beneficiaries are not required to report to the EUCF Team on the use of the grant. The EUCF grant is disbursed as a lump sum to finance the activities necessary for the development of the investment concept. These, however, do not need to be communicated and financially reported to the EUCF. Information on the activities funded by the grant will be collected for monitoring purposes only.
The EUCF monitoring period has a duration of two years, in which the implementation of the investment concept is supervised and documented. During this period, EUCF beneficiaries are required to report on the implementation of the investment concept by submitting two simple monitoring forms. The monitoring form is submitted after one and two years of the submission of the investment concept in the EUCF website user zone. More information about the monitoring process will be published soon on the EUCF website.
To connect with financial stakeholders and facilitate the financing of the investment concepts developed within the EUCF is the ultimate goal of the support to beneficiaries. Financial stakeholders can be national or foreign commercial banks, public authorities, individual investors, financial institutions, investment banks and investment funds. In order to support the outreach for investors, the EUCF will organise outlook reports to provide interested investors with a preview of the investment projects proposed by EUCF beneficiaries as well as roadshows and matchmaking activities to connect municipalities/local authorities, groupings and local public entities aggregating municipalities/local authorities to potential investors.
Additionally, investment concepts developed within the EUCF will be displayed and advertised in the brokering display-window, an online platform aimed at ensuring maximum visibility to the investment concepts developed by EUCF beneficiaries and to facilitate their matching with potential investors.
More information about the activities foreseen for the phase of implementation of the investment concepts developed within the EUCF will be published on the EUCF website soon.