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Covenant of Mayors - Europe

Hiring of experts / preparation of bankable projects

Public Sector Loan Facility

The Public Loan Facility complements the two other pillars of the Just Transition Mechanism, the Just Transition Fund (JTF) and a dedicated just transition scheme under InvestEU. It helps to address the socio-economic challenges of the transition to climate neutrality in the most affected territories as identified in the territorial Just Transition Plans.

InvestEU Fund

The InvestEU Fund is a market-based and demand-driven instrument, with a strong emphasis on EU policy priorities. It supports the following 4 Policy Windows:

• Sustainable infrastructure

Financing projects in sustainable energy, digital connectivity, transport, the circular economy, water, waste, other environment infrastructure and more.

• Research, innovation and digitalisation

LIFE Technical Assistance Projects

The Technical Assistance Projects (TA projects) may include the following:

1. Projects for the preparation of SNAPs or SIPs (TA-PP).
These projects are aimed at providing financial support to help applicants to prepare a SNAP or a SIP for a maximum LIFE contribution of EUR 70 000. They represent the continuation of the technical assistance projects financed under the LIFE programme 2014-2020.

URBACT IV

URBACT’s mission is to enable cities to work together and develop integrated solutions to common urban challenges, by networking, learning from one another’s experiences, drawing lessons and identifying good practices to improve urban policies.

The programme supports the European Urban Initiative through:

Horizon Europe

Horizon Europe is the EU’s key funding programme for research and innovation.

It tackles climate change, helps to achieve the UN Sustainable Development Goals and boosts the EU’s competitiveness and growth. Under it Pillar II, Horizon Europe is divided in 6 clusters:

Connecting Europe Facility (CEF)

The Connecting Europe Facility (CEF) supports the development of high performing, sustainable and efficiently interconnected trans-European networks in the fields of transport, energy and digital services.

In addition to grants, the CEF offers financial support to projects through innovative financial instruments such as guarantees and project bonds. These instruments create significant leverage in their use of the EU budget and act as a catalyst to attract further funding from the private sector and other public sector actors.

CEF Energy

Just Transition Fund

The Just Transition Mechanism (JTM) is a key tool to ensure that the transition towards a climate-neutral economy happens in a fair way, leaving no one behind. The Just Transition Fund (JTF) is one of its three pillars (together with the InvestEU Just Transition Scheme and the Public Sector Loan Facility). As the new instrument of the Cohesion policy supports the territories most affected by the transition towards climate neutrality to avoid regional inequalities.

ESF+

The European Social Fund Plus (ESF+), with a budget of almost € 99.3 billion for the period 2021-2027, provides an important contribution to the EU’s employment, social, education and skills policies, including structural reforms in these areas.

The Fund is one of the cornerstones of recovery from the coronavirus pandemic and will help address challenges related to labour participation, education and health systems and increased inequalities.

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