Large number of cities seek to boost energy investments

With 167 applicants for the 5th call of the European City Facility, local governments from across Europe are demonstrating a high commitment to developing financing models for local energy actions.

Cities and municipalities that have already benefited from the EU City Facility

Check out the map and the local entities already benefitting from the European City Facility!

DESIGNED BY CITIES FOR CITIES

Municipalities, local authorities and local public entities are the driver of the European sustainable energy transition. With tremendous potential to build comprehensive sustainable energy investment programmes, they also play a key role in pooling smaller projects into larger investment portfolios and in mobilising significant financial resources required for the energy transition.

Set up under the Horizon 2020 Framework Programme for Research and Innovation of the European Union, and being co-funded as part of the LIFE programme from December 2022, the EUCF unlocks this local potential and support municipalities, local authorities, their groupings and local public entities aggregating municipalities/local authorities in Europe with tailor-made, fast and simplified financial support (in the form of EUR 60,000 lump sums) and related services to enable them to develop relevant investment concepts related to the implementation of actions identified in their climate and energy action plans.

Successful applicants to the EUCF are using their lump sum to develop their investment concepts, which represents an initial step towards a fully-fledged business and financial plan. The ultimate objective is to build a substantial pipeline of sustainable energy investment projects across local authorities and local public entities in Europe.

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