Deadline Date: September 16, 2026
The European Commission is seeking grant applications to support the mobilisation of private investment into energy efficiency and renewable energy through the development of dedicated financing schemes.
The focus areas, of the initiative include increasing private finance for energy efficiency and renewable energy, establishing dedicated financing schemes, mobilising investments for clean energy transitions, improving cost-effectiveness of public funding, enabling regulatory frameworks, leveraging public funds to attract private capital, supporting sustainable energy investments, promoting innovative financing mechanisms, and advancing energy efficiency and climate targets.
The initiative is designed to address the growing need for substantial investments in energy efficiency and renewable energy in order to meet established energy and climate objectives. It emphasizes the importance of mobilising private capital alongside public funding to achieve long-term sustainability goals and reduce dependence on fossil fuels.
Proposals under this initiative are expected to establish financing schemes that leverage private investment for energy efficiency projects, which may also include renewable energy and energy storage components. These schemes must be implemented in at least one eligible country under the LIFE programme and should demonstrate the development of a strong and reliable investment pipeline.
The financing schemes should be fully operational by the end of the project, with clear access to financial sources and a structured pipeline of investments. While the actual investments may continue beyond the project duration, proposals are required to pilot and test the financing mechanisms during the implementation phase.
Applicants may build upon or expand existing financing models that have already demonstrated success. These schemes can take various forms, including blended finance approaches combining equity, debt, and grants, as well as risk-sharing tools, guarantees, and insurance mechanisms. Other approaches may include energy service-based models, market-based instruments, innovative financing structures tied to buildings or energy usage, and mechanisms that facilitate connections between investors and sustainable energy projects.
The total funding available for this initiative is €6,000,000. To be eligible, applicants must be legal entities, either public or private, established in eligible countries including EU Member States, associated countries under the LIFE Programme, and certain non-EU countries. The coordinating entity must also be established in one of these eligible countries.
For more information, visit European Commission.
