Projects are expected to take the previous initiatives as a starting point and go beyond their conclusions. In particular, they must address all of the following aspects:

• Provide project development support to at least 20 proposals within the renewable and low carbon fuel ecosystem for waterborne transport in order to increase the number of applications in programmes such as Horizon Europe and its successor, Innovation Fund, CEF AFIF and schemes such as EIB Loans, structural funds, as well as initiatives at national and regional level and at international level within the Global Gateway strategy. The proposal should consider coordination of their activities with already existing EU project assistance providers such as the EIB Advisory project development assistance scheme, avoiding duplication. Proposals will propose KPIs in relation with additional projects and activities to be performed thanks to its action. The support to projects should be provided following a competitive selection process, prioritizing projects admitted to the RLCF Alliance Project Pipeline and/or Global Gateway. The proposal shall elaborate on project selection methodology.
• Creation of an analytical financial tool which allows users to model a project and understand the economic rational of a business case and identify those assumptions, drivers and barriers which are critical to ensuring that the underlying projects are financially and economically viable. The projects for which the analytical tool will be developed are those which produce renewable and low carbon fuels necessary for the sustainable goals of the waterborne transport sector, as defined in the Green Deal, especially by ensuring a wide European geographical coverage in the EU. These models must take into account the results delivered through the Roundtable 4 of the RLCF Alliance in their financial analysis. The models will aim to preserve the industrial competitiveness of the EU industry, in alignment with RED, FuelEU maritime and ETS, also considering any potential unlevelled playing field risks/challenges vis-a-vis other countries outside the European Union. These models will examine the scalability potential of the fuel considering production, transport and distribution, security of supply in ports in and outside Europe, GHG emission saving on Well to Wake basis, distance continuously sailed on the fuel, size of ship in terms of installed power, total distance sailed and transparency on the project costs. Additionally, these models will also aim to leverage potential synergies between RFNBOs and advanced biofuels technologies development should be identified and utilized for the benefit of both pathways. Appropriate linkage to the RLCF Alliance is encouraged.
• In collaboration with the RLCF Alliance, develop and conduct a series of workshops/trainings with financial institutions and relevant waterborne stakeholders to facilitate the market uptake of waterborne and renewable and low carbon fuel production solutions for waterborne transport, with a particular attention to the access to capital for demonstration projects with a higher technological risk profile and dissemination of best practices to access financing and funding. The project will need to carry out relevant dissemination activities to communicate the results of the project to all relevant policy makers as well as stakeholders from the industry and civil society.