EU City Facility

Financial support and services to cities’ sustainable energy projects

The mission of the EUCF is to build a substantial pipeline of sustainable energy investment projects across cities in the EU, by providing targeted financial, technical, legal and capacity-building support. Objectives are to overcome critical barriers, develop credible investment packages and mobilise finance.

The specific objectives of the EUCF are:

  • to provide hands-on, locally-rooted technical and financial expertise to cities to deliver at least 225 credible and scalable investment concepts, which will trigger more than €320 millions of public and private investment.
  • to build the capacity of at least 450 public authority staff members to develop substantial project pipelines and provide them with tools, networking and knowledge transfer opportunities which will facilitate and accelerate the implementation of the investment concepts, including via innovative financing mechanisms and project aggregation.
  • to facilitate access, especially for small and medium-sized municipalities, to private finance, EU funding streams and similar facilities (e.g. the European Structural and Investment Funds, the H2020 Project Development Assistance, and EIB-ELENA) and advisory services such as the European Investment Bank’s Advisory Hub to implement and amplify the expected investments.

Huge success of the first EUCF call raises expectations for support to local sustainable energy

Local authorities submitted a total of 257 applications to get funding for the development of their sustainable energy investment plans from the European City Facility (EUCF).

Local authorities from all over the EU and the UK took part in the 1st ever EUCF call for applications, that closed on 2 October. […]

Financing opportunities for Sustainable Energy & Climate Action Plans

In a series of four publications, the Covenant of Mayors - Europe Office guide you through the maze of funding and financing solutions for your local energy and climate actions.

Innovative Financing Schemes In 2015, just before the COP21, City of Paris issued its very first set of green bonds worth €300 million. The system […]

Register now to the European Week of Regions & Cities!

Our suggestions for this year’s digital edition

Every year, the European Week of Regions and Cities brings together European regions and cities to promote learnings and good practice of regional policy-making. Due […]