Deadline: 15-Feb-22
European Commission is calling for proposals for Circular Cities and Regions Initiative’s Project Development Assistance.
Scope
- The CCRI-PDA beneficiaries include public and private project promoters such as local and regional authorities or their groupings, public/private infrastructure operators and bodies, utilities and services, industry (including SMEs).
- The purpose of the CCRI-PDA is to help project promoters develop their circular economy projects and to bring together the technical, economic and legal expertise needed for developing circular economy investment projects at local and regional scale resulting in the actual launch of investments during the action. Ultimately, CCRI-PDA projects should demonstrate the financial viability and sustainability of circular economy investment projects at local and regional scale and provide tangible showcases that should trigger further market replication.
Funding Information
The check will normally be done for the coordinator if the requested grant amount is equal to or greater than EUR 500 000, except for:
- public bodies (entities established as a public body under national law, including local, regional or national authorities) or international organisations; and
- cases where the individual requested grant amount is not more than EUR 60 000 (low value grant).
Expected Outcomes
- The successful proposal will support the delivery of solutions to implement the European Green Deal, the circular economy action plan and the bioeconomy strategy. The topic will support the transition towards a sustainable, regenerative, inclusive and just circular economy across regions of Europe at local and regional scale.
- The Circular Cities and Regions Initiative’s Project Development Assistance (CCRI-PDA) will be included in the instruments implementing the European Commission’s Circular Cities and Regions Initiative (CCRI). It will be carried out in close coordination and cooperation with the CCRI.
- Investors and lenders need to gain more confidence in investment projects in the field of circular economy which are still seen as risky. European added value can be achieved, for example, where projects introduce innovation to the market regarding financing solutions minimising transaction costs and engaging the private finance community. European added value could also be achieved where projects demonstrably address legal, administrative and other market opportunities and challenges for innovative and sustainable circular economy investment schemes.
- CCRI-PDA projects’ results are expected to contribute to the delivery of a series of sustainable circular economy projects and innovative financing solutions/schemes at local and regional scale across Europe.
Eligibility Criteria
To be eligible for funding, applicants must be established in one of the eligible countries, i.e.:
- the Member States of the European Union, including their outermost regions;
- the Overseas Countries and Territories (OCTs) linked to the Member States
- eligible non-EU countries:
- countries associated to Horizon Europe
- low- and middle-income countries
For more information, visit https://bit.ly/31baRk3