Signatories

Energy cooperatives refer to a business model where citizens jointly own and participate in renewable energy (RES) or energy efficiency (EE) projects. In energy cooperatives citizens are involved in both the decision making and financial & economical participation. All citizens are eligible to participate. After purchasing a cooperative share and becoming a member or co-owner of local RES and EE projects, members share in the profits and often are given the opportunity to buy the electricity at a fair price.

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.

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

• Investment loans for single large investment 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.

European Energy Efficiency Fund – Technical Assistance Facility (eeef - TA) supports projects in the sector of energy efficiency and partly small-scale renewable energy

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:

The Innovation Fund is one of the world’s largest funding programmes for the demonstration of innovative low-carbon technologies. The goal is to help businesses invest in clean energy and industry to boost economic growth, create local and future-proof jobs, and reinforce European technological leadership on a global scale.

This is done through calls for large (>EUR 7.5m) and small-scale projects focusing on:

• innovative low-carbon technologies and processes in energy-intensive industries, including products substituting carbon-intensive ones

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:

The mechanism will facilitate a more cost-effective roll-out of renewables across the EU, particularly in areas that have a greater access to natural resources or are better suited for it in terms of geography.

 the mechanism links countries that voluntarily pay into the mechanism (contributing countries) with countries that agree to have new projects built on their soil (hosting countries). However, there is no direct link or negotiation between contributing and hosting countries, as is required under other EU cooperation mechanisms.