Latest EU energy related funding

European Energy Efficiency Fund: this fund will invest in energy saving, energy efficiency and renewable energy projects, particularly in urban settings, with the aim of achieving at least a 20 per cent energy saving or an equivalent reduction in carbon dioxide and other greenhouse gas emissions. The fund will offer a wide range of funding streams such as senior and junior loans, guarantees or equity participation to local, regional and, under certain conditions, to national public authorities to promote sustainable energy investments. At its launch, the fund is worth a total of €265m with contributions from the European Investment Bank and national financial institutions.

Eco-innovation projects: this funding supports the market penetration of an environmental product, service, management practice or process with a proven track record, but which has not yet been fully marketed. The indicative budget for this call is €36 million and funding will provide up to 50 per cent of a project’s costs over a period of 36 months. Closing date: 8 September 2011.

Assessment of scenarios and options towards a resource-efficient Europe: proposals should identify inefficient uses of resources that cut across different sectors and policy areas at meso- and macro-economic level and quantitatively assess the potential for, and effects of, efficiency improvements within systems. Funding is worth between €700,000 and €750,000 over 24 months. Deadline: 22.08.11.

Multilateral Research on Material Efficiency: Proposals are invited on the topic of Interdisciplinary Program on Material Efficiency – A first step towards sustainable manufacturing. This call will be supported by €10 million over a three year period and it is hoped that between eight and ten collaborations will be funded.