Over €560 m was requested by applicants, the total available budget is €138.3 m. According to estimates, up to twelve projects may be funded through these funds (indicative).
Today, in the context of the European Union’s High Level Conference on Sustainable Finance, and three months after the One Planet Summit in Paris, further progress of the Global Urbis partnership and two new calls to cities and financial investors were announced.
Regions are invited to apply today for two Commission pilot projects. If selected, they can benefit from tailored EU financial and advisory support in transforming their economies and modernising their industries.
European countries need to rapidly step up efforts and define their investment needs and plans to match their objectives in shifting to a low-carbon, climate-resilient economy. This is the key finding of a stocktaking briefing published by the European Environment Agency (EEA) today, which also stresses the need for clear information on investment needs and priorities to attract private finance.