Crowding in private finance


Financing type: Action Grant

Programme: Programme for Environment and Climate Action (LIFE)


Main objective

The topic focuses on enhancing private investments in energy efficiency and small-scale renewables through innovative financing schemes. These are key to achieving the European Green Deal and REPowerEU Plan’s goals.

Efforts are underway to increase private capital, with public funds acting as a catalyst. Despite these efforts, private investors often view these investments as risky and complex. Hence, there’s a need for scalable private financing schemes that cater to the specific needs of energy efficiency investments and small-scale renewables across various sectors. These schemes can be initiated by different actors, including the private sector and local authorities.


Who is eligible

Proposals must be submitted by at least 3 applicants (beneficiaries; not affiliated entities) from 3 different eligible countries.

In order to be eligible, the applicants (beneficiaries and affiliated entities) must: 

  • be legal entities (public or private bodies)  
  • be established in one of the eligible countries, i.e.:  
    >EU Member States (including overseas countries and territories (OCTs)
    >non-EU countries: listed EEA countries and countries associated to the LIFE Programme (list of participating countries)
  • the coordinator must be established in an eligible country.
Financing Type:
Funding Theme:
Target Geographies:
EU Member States
EEA countries