EU-28

Interreg is a general brand name to refer to European Territorial Cooperation (ETC) under cohesion policy. Interreg is funded by the European Regional Development Fund, Instrument for Pre-Accession Assistance and the Neighbourhood, Development and International Cooperation Instrument (NDICI). In 2021-2027, Interreg will support cross-border mobility, and efforts to develop environmental protection, emergency services, skilled jobs and access to public services for the next EU generation as well as better cooperation governance and a safer, more secure Europe.

The InvestEU Advisory Hub is the central entry point for project promoters and intermediaries seeking advisory support and technical assistance related to centrally managed EU investment funds and Advisory initiatives under the four InvestEU policy windows as well as under a cross-sectoral/ horizontal advisory component.

Advisory initiatives will be set up under each of the four InvestEU policy windows as well as under a cross-sectoral component for horizontal advisory support services.

The InvestEU Advisory Hub offers support for:

The climate sub-programme supports projects in the areas of farming, land use, peatland management, renewable energies and energy efficiency. It co-finances projects in the areas of urban adaptation and land-use planning, the resilience of infrastructure, sustainable management of water in drought-prone areas, flood and coastal management, the resilience of the agricultural, forestry and tourism sectors, and/or support to the EU's outermost regions.

Projects are co-financed under the LIFE Clean Energy Transition sub-programme in the following five areas of intervention:

• Building a national, regional and local policy framework supporting the clean energy transition;

• Accelerating technology roll-out, digitalisation, new services and business models and enhancement of the related professional skills on the market;

• Attracting private finance for sustainable energy;

• Supporting the development of local and regional investment projects;

fi-compass is a platform for advisory services on financial instruments under the European Structural and Investment funds (ESIF) and microfinance under the Programme for Employment and Social Innovation (EaSI).

fi-compass is designed to support ESIF managing authorities, EaSI microfinance providers and other interested parties, by providing practical know-how and learning tools on financial instruments.

The European investment advisory hub (EIAH) aims to strengthen support for project development and preparation by assisting Member States and other promoters to identify investment needs and to prioritise, prepare and structure projects in the EU. Assistance can also be delivered during project implementation phase to ensure successful delivery.

The InvestEU Portal allows project promoters to reach investors that they may not be able to reach otherwise. The Portal continues the work started under the European Investment Project Portal (EIPP) and is the online EU ‘marketplace’ connecting EU-based project promoters to investors worldwide. It provides project promoters with more options to finance their projects

Adding projects to the portal is free of charge.

Eligible projects:

Financing the energy retrofitting of buildings is a great challenge. With investments varying from 200 to 1,200 EUR/m2, access to attractive and long-term financing is perceived as the primary barrier for homeowners. Financial incentives such as grants, guarantees or soft loans for energy renovation could motivate homeowners to make the investment decision more easily.

Local and regional authorities in cooperation with financing institutions can offer to homeowners of private residential buildings:

A revolving loan fund is a source of money from which loans are made for multiple sustainable energy projects. Revolving funds can provide loans for projects that do not have access to other types of loans from financial institutions, or can provide loans at a below-market rate of interest (soft loans).

On-bill lending is a method of financing energy efficiency improvements that uses the utility bill as the repayment vehicle. Energy suppliers collect the repayment of a loan through energy bills. It leverages the relationship, which exists between a utility and its customer in order to facilitate access to funding for sustainable energy investments.