Public Sector Loan Facility (PSLF)

Opened

Programme Category

EU Competitive Programmes

Programme Name

Just Transition Mechanism

Programme Description

The Just Transition Mechanism (JTM) is a key tool to ensure that the transition towards a climate-neutral economy happens in a fair way, leaving no one behind.

Programme Details

Identifier Code

JTM-2022-2025-PSLF

Call

Public Sector Loan Facility (PSLF)

Summary

This topic targets projects addressing serious social, economic and environmental challenges deriving from the transition towards the EU’s 2030 climate and energy targets and the objective of climate neutrality in the EU by 2050 at the latest, for the benefit of the EU territories identified in the Territorial Just Transition Plans.

This Call has the following topics:

  • PSLF-LOAN SCHEMES

  • PSLF-LOAN PROJECTS

Detailed Call Description

Projects related to a wide range of sustainable investments may be funded, such as:

  • investments in renewable energy and green and sustainable mobility, including the promotion of green hydrogen
  • efficient district heating networks
  • public research
  • digitalisation
  • environmental infrastructure for smart waste and water management
  • sustainable energy, energy efficiency and integration measures, including renovations and conversions of buildings
  • urban renewal and regeneration
  • the transition to a circular economy
  • land and ecosystem restoration and decontamination, taking into account the ‘polluter pays’ principle
  • biodiversity, as well as
  • up-skilling and re-skilling, training, and
  • social infrastructure, including care facilities and social housing.

Infrastructure development may also include cross-border projects and solutions leading to enhanced resilience to withstand ecological disasters, in particular those accentuated by climate change. A comprehensive investment approach should be favoured, in particular for territories with important transition needs.

Call Total Budget

€1.459.500.000

Financing percentage by EU or other bodies / Level of Subsidy or Loan

The grant will be a lump sum grant. This means that it will reimburse a fixed amount, based on a lump sum or financing not linked to costs. The amount will be fixed by the granting authority as a fixed percentage of the loan component granted by the EIB/financial intermediary (15 % or 25 % if the project is located in a less developed region within the meaning of Article 108(2) of the CPR Regulation 2021/106020 and Decision 2021/113021).

Your project application must clearly describe the framework loan (types of projects targeted, location, budget estimates for projects/types of projects, significance of the grant components, contribution to the relevant Territorial Just Transition Plan, maximum amount of funding (loan and grant components; grant fixed 15 or 25% of the loan), definition of the recipients that may receive the support and criteria for awarding it); specify how the grants will be awarded/distributed (including how the principles of transparency and equal treatment will be applied) and managed (including your role).

Thematic Categories

  • Energy
  • Environment and Climate Change
  • Public Administration
  • Research, Technological Development and Innovation

Eligibility for Participation

  • Central Government
  • International Organisations
  • Investment Funds
  • Large Enterprises
  • Legal Entities
  • Local Authorities
  • NGOs
  • Non Profit Organisations
  • Private Bodies
  • Researchers/Research Centers/Institutions
  • Small and Medium Enterprises (SMEs)
  • State-owned Enterprises
  • Training Centres

Eligibility For Participation Notes

In order to be eligible, the applicants (beneficiaries and affiliated entities) must:

  • be legal entities (public bodies or private bodies entrusted with a public service mission) established in an EU Member State

The following activities are not considered as eligible for funding under this call – activities that do not comply with the:

  • ‘polluter pays’ principle
  • Paris Agreement
  • ‘do no significant harm’ principle, i.e.
  • lead to significant greenhouse gas (GHG) emissions, or increased adverse impact of the current climate or expected future climate, on the activity itself or on people, nature or assets;
  • are detrimental to the good status or the good ecological potential of bodies of water, including surface water and groundwater, or to the good environmental status of marine waters;
  • lead to significant inefficiencies in the use of materials or in the direct or indirect use of natural resources, or significantly increase the generation, incineration or disposal of waste, or long-term disposal of waste may cause significant and long-term environmental harm
  • lead to a significant increase in emissions of pollutants into air, water or land
  • are significantly detrimental to the good condition and resilience of ecosystems, or detrimental to the conservation status of habitats and species, including those of Union interest.

Call Opening Date

19/07/2022

Call Closing Date

11/09/2025

EU Contact Point

For help related to this call, please contact: CINEA-JTM-PSLF@ec.europa.eu