🏛 EU_PORTAL · 📍 EU
€1,000,000
21/4/2026
16/9/2026
LIFE Programme
Crowding in private finance
Expected Impact:
Proposals should present the concrete results which will be delivered by the activities and demonstrate how these results will contribute to the topic-specific impacts. This demonstration should rely on a solid analysis of the current situation, realistic assumptions and baselines, and establish clear causality links between activities, results and impacts.
In terms of qualitative impact, proposals under this topic should demonstrate how they will contribute to the following outcomes, as relevant:
In terms of quantitative impact, proposals should quantify their results and impacts using the indicators provided for the topic, when they are relevant for the proposed activities. Proposals are not expected to address all the listed impacts and indicators. The results and impacts should be quantified for the end of the project and for 5 years after the end of the project. The quantitative indicators for this topic include:
Proposals should also provide indicators which are specific to their proposed activities.
Proposals should also quantify their impacts related to the following common indicators for the LIFE Clean Energy Transition sub-programme:
Funding rate
Other Action Grants (OAGs) — 95%
Objective:
The topic aims to increase the amount of private finance allocated to energy efficiency and renewable energy sources by establishing dedicated financing schemes.
Significant investments in energy efficiency and renewables need to be mobilised to achieve the ambition set by the Energy Efficiency Directive, the Energy Performance of Buildings Directive, the Renewable Energy Directive, the Clean Industrial Deal and the Affordable Energy Action Plan, and the objective to reduce EU dependence on fossil fuel imports set out in the REPowerEU Plan[1]. In order to meet the required level of investments, it is necessary to progressively maximise the mobilisation of private capital, using public funds as a catalyst, and to put in place an enabling regulatory framework. This is a central objective of the recently established European Energy Efficiency Financing Coalition[2], as well as the recently published Commission Recommendation on unlocking private investment in energy efficiency[3].
In addition, the revised Energy Efficiency Directive and Energy Performance of Buildings Directive aim to increase the cost-effectiveness of public funding and the mobilisation of private investments in energy efficiency measures, including by promoting dedicated financing mechanisms. National Energy and Climate Plans provide a solid framework for Member States to evaluate and report on investment needs and gaps to achieve their 2030 national energy and climate targets, including regarding the mobilisation of private investments.
While significant public sector expenditure is allocated to leverage private finance for energy efficiency and renewables (e.g. through the InvestEU facility), most private investors still view this type of investments as risky, complex and/or insufficiently profitable. This is due to the limited availability of investment opportunities which comply with the requirements of financial institutions in terms of size, scale, standardisation and transaction costs.
There is a need to set up and roll-out private financing schemes which can be expanded and/or replicated at scale, and contribute to the national strategies to achieve the 2030 energy efficiency targets and the building renovation policy objectives. These schemes have to be adapted to the specificities of energy efficiency investment profiles, as well as those of renewables, in buildings, SMEs, district heating and other relevant sectors.
The financing schemes may be initiated by private sector stakeholders or local and regional authorities, as well as other types of actors; they need to work with and use available public funds as a catalyst and/or in blended approaches. The topic aims in particular to stimulate synergies and develop long-term partnerships between financial institutions and energy services market operators.
The EU is facing important increases in energy prices, driven by market volatility and exacerbated by its dependence on imported fossil fuels. A key priority for the EU is to strengthen the resilience of its energy system vis-a-vis geopolitical crises impacting the global energy market. Therefore, applicants under this topic are invited, where possible, to develop and implement long-term structural sustainable and energy efficiency measures to enhance EU energy system resilience against future crises, in coherence with short-term energy relief measures needed to respond to the current shock on the global energy markets.
Scope:
Proposals should set up a financing scheme leveraging private finance for investments in energy efficiency, potentially combined with renewables and energy storage.
The financing scheme should be established in at least 1 eligible country under the LIFE programme, in order to ensure the development of a sound and robust investment pipeline.
The financing scheme should be operational by the end of the project, with credible access to financing sources and a prospective pipeline of investments. The related investments may be implemented after project completion, but proposals are expected to pilot test the financing scheme during the project time.
Proposals can build on and/or upscale financing schemes successfully tested previously, which should be documented as relevant. The financing schemes can involve, for example but are not limited to:
Proposals should take into account all the following elements:
Proposals may be submitted by a single applicant or by applicants from a single eligible country.
The Commission considers that proposals requesting a contribution from the EU of up to EUR 1.5 million would allow the specific objectives to be addressed appropriately. Nonetheless, this does not preclude submission and selection of proposals requesting other amounts.
[1] Cf. Report from the Commission to the European Parliament and the Council on Energy Efficiency financing in Europe. An assessment of public spending for energy efficiency and the energy performance of buildings, COM/2026/118 final
[3] Commission Recommendation (EU) 2026/537
described in section 5 of the call document.
Proposal page limits and layout: described in Part B of the Application Form available in the Submission System.
described in section 6 of the call document.
described in section 6 of the call document.
described in section 7 of the call document.
described section 8 of the call document and the Online Manual.
described in section 9 of the call document.
described in section 4 of the call document.
described in section 10 of the call document.
Application form templates
Standard application form (LIFE SAP and OAG) — the application form specific to this call is available in the Submission System
Participant information (LIFE)
Model Grant Agreements (MGA)
Consult the FAQs in LIFE website.
Get in touch with your National Contact Point (NCP). We want also to draw your attention on the possibility to get support from your NCP.
Funding & Tenders Portal FAQ – Submission of proposals.
Info session recordings & presentations
IT Helpdesk – Contact the IT helpdesk for questions such as forgotten passwords, access rights and roles, technical aspects of submission of proposals, etc.
Online Manual – Step-by-step online guide through the Portal processes from proposal preparation and evaluation to reporting on your ongoing project. Valid for all 2021-2027 programmes.