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20.04.2020 10:24

European City Facility (EUCF) an initiative designed by cities for cities: The European City Facility is a new EU-funded project which will provide financial support and services to cities and municipalities across European Union. Its objectives are to overcome critical barriers, develop credible investment packages and mobilise finance. EUCF pretends to create a support for sustainable energy investment projects in European cities, by providing targeted financial, technical, legal and capacity-building support. The specific objectives of the EUCF are: • to provide hands-on, locally-rooted technical and financial expertise to cities to deliver at least 225 credible and scalable investment concepts, which will trigger more than €320 millions of public and private investment. • to build the capacity of at least 450 public authority staff members to develop substantial project pipelines and provide them with tools, networking and knowledge transfer opportunities which will facilitate and accelerate the implementation of the investment concepts, including via innovative financing mechanisms and project aggregation. • to facilitate access, especially for small and medium-sized municipalities, to private finance, EU funding streams and similar facilities (e.g. the European Structural and Investment Funds, the H2020 Project Development Assistance, and EIB-ELENA) and advisory services such as the European Investment Bank’s Advisory Hub to implement and amplify the expected investments. The European City Facility has been officially launched on February 19th, 2020. The first round of applications will open on 25 May with a deadline on 2 October! This round will be followed by 3 more calls for applications in the years 2021 and 2022. More information can be found in: The