European City Facility (EUCF) – Background
The new pan-European City Facility is set up under the Horizon 2020 Framework Programme for Research and Innovation of the European Union: tailor-made, rapid and simplified financial support (in the form of EUR 60,000 lump sums) and related services will be provided to a large number of cities and municipalities in the European Union to enable them to develop relevant investment concepts.
The Facility will address two fundamental barriers for sustainable energy investments: Financial and legal capacity of local authorities to transform their long-term energy and climate strategies (e.g. SEAPs, SECAPs etc.) into appropriate investment concepts. Lack of aggregation of fragmented smaller projects (for example in the building sector) and thus lack of (...)