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European Climate, Infrastructure and Environment Executive Agency
Call for proposalsOpen

Just Transition Mechanism Public Sector Loan Facility call for proposals

Details

Status
Open
Publication date
19 July 2022 in Apply now
Opening date
Deadline model
Multiple cut-off
Deadline dates
19 Oct 2022, 17:00 / 19 Jan 2023, 17:00 / 19 Apr 2023, 17:00 / 20 Sep 2023, 17:00 / 17 Jan 2024, 17:00 / 17 Apr 2024, 17:00 / 19 Sep 2024, 17:00 / 16 Jan 2025, 17:00 / 15 Apr 2025, 17:00 / 11 Sep 2025, 17:00 (CEST)

Description

The Public Sector Loan Facility (PSLF) is the third pillar of the Just Transition Mechanism. It supports projects addressing the challenges deriving from the transition to the European Union’s climate target objectives in the territories most negatively affected by the climate transition as identified in the previously approved Territorial Just Transition Plans.

PSLF is a blending instrument combining grants up to EUR 1.525 billion from the EU budget with loans up to EUR 10 billion from the European Investment Bank, and aiming to mobilise around EUR 18.5 billion of public investments. Successful projects receive a grant from the European Commission and a loan from the European Investment Bank.