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: delivering financing schemes that are operational and ready to finance investments, with credible access to financing sources and a prospective pipeline of investments increasing the investibility of energy efficiency projects (potentially combined with renewable energy and energy storage) for private financing sources accelerating investments in energy efficiency. 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: Number of investment projects and volume of investments processed during the project (i.e. pilot testing phase) and expected to be financed by the financing scheme in the next 5 years; the projection after the project needs to be justified in detail based on the proposed activities and a detailed market analysis Number of investors and project developers using the financing scheme Investments in sustainable energy (energy efficiency and renewable energy) triggered by the project (cumulative, in million Euro) Average % of primary energy savings targeted by investment projects 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: Primary energy savings triggered by the project in GWh/year Final energy savings triggered by the project in GWh/year Renewable energy generation triggered by the project (in GWh/year) Reduction of greenhouse gas emissions (in tCO2-eq/year). 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. Significan…