Supporting financing of local adaptation actions with combination of public funding and private financing
Supporting the implementation of the Adaptation to Climate Change Mission · HORIZON-CSA · Needs partners
What this call funds
This call funds a project that helps local climate adaptation projects get financed by combining public grants with bank loans, particularly loans from the European Investment Bank channeled through national banks. The winning consortium will run a sub-granting scheme giving money to local adaptation projects (like nature-based solutions) that have already secured a conditional bank loan, and will study and share lessons on how to combine grants and loans to unlock more private financing for climate adaptation.
climate adaptation · regional development · environmental monitoring · fintech finance · sme scaleup
Who wins this
A consortium with strong experience in climate finance, adaptation policy, and working with banks/National Promotional Banks, capable of managing a cascade grant scheme alongside EIB-intermediated lending for local adaptation projects.
Could you win this call?
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The call in detail
- Indicative grant size
- €20M
- Funding model
- Budget-based — reimbursement of actual eligible costs
- Submission
- Single-stage submission (full proposal at once)
- Type of action
- HORIZON Coordination and Support Actions
- Partners
- Required. The call asks for a consortium — a group applying together, typically 3+ organisations from 3+ countries.
- Support to third parties
- At least 70% of the EU requested contribution must go to financial support to third parties (grants), with a maximum of EUR 800,000 per third party; the grant cannot cover more than 70% of the total costs of the local adaptation action, which must be sized between EUR 500,000 and EUR 10 million.
- Also required
- Subgrant recipients must have already received a written conditional loan offer from a National Promotional Bank/other bank under EIB intermediated adaptation lending before applying; the first cascade call must launch within 10 months of project start; page limit for the application is 70 pages.
- Eligible countries (45)
- Austria, Belgium, Bulgaria, Croatia, Cyprus, Czechia, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, Norway, Iceland, Switzerland, United Kingdom, IL, TR, UA, RS, MK, ME, AL, BA, XK, GE, AM, MD, TN, NZ
Read the full conditions from the official call ›
General conditions 1. Admissibility Conditions: Proposal page limit and layout The page limit of the application is 70 pages. described in Annex A and Annex E of the Horizon Europe Work Programme General Annexes. Proposal page limits and layout: described in Part B of the Application Form available in the Submission System. 2. Eligible Countries described in Annex B of the Work Programme General Annexes. A number of non-EU/non-Associated Countries that are not automatically eligible for funding have made specific provisions for making funding available for their participants in Horizon Europe projects. See the information in the Horizon Europe Programme Guide. 3. Other Eligible Conditions described in Annex B of the Work Programme General Annexes. 4. Financial and operational capacity and exclusion described in Annex C of the Work Programme General Annexes. 5a. Evaluation and award: Award criteria, scoring and thresholds are described in Annex D of the Work Programme General Annexes. 5b. Evaluation and award: Submission and evaluation processes are described in Annex F of the Work Programme General Annexes and the Online Manual. 5c. Evaluation and award: Indicative timeline for evaluation and grant agreement described in Annex F of the Work Programme General Annexes. 6. Legal and financial set-up of the grants Beneficiaries must provide financial support to third parties. The support to third parties can only be provided in the form of grants. The maximum amount to be granted to each third party is EUR 800,000[[Due to the need to demonstrate on the ground in real-life conditions, EUR 60,000 - the maximum amount that can usually be paid to a third party - is an insufficient amount for project promotors to demonstrate deployment of local adaptation actions based on innovation and the financing thereof with combination of public funding and private financing. It is considered that a maximum of EUR 800,000 is more appropriate as this is envisaged to mobilise additional financing to be able to finance local adaptation projects.]] to demonstrate financing with public funding and private financing of local adaptation actions. described in Annex G of the Work Programme General Annexes. Specific conditions described in the topic conditions
Who has won calls like this
Organisations that most often win this call family · 65 past winners