Just Transition Fund – Public Sector Loan Facility Call (PSLF): Stand-alone projects

The PSLF-Projects under the Just Transition Mechanism (JTM-2022-2025-PSLF-STANDALONE-PROJECTS) provide financial support for standalone projects that facilitate the economic transition towards a low-carbon economy. These projects focus on mitigating the socio-economic impacts in regions most affected by the transition, such as investments in sustainable infrastructure, renewable energy, and job creation. The aim is to promote inclusive growth and ensure a fair transition for communities facing economic changes due to decarbonisation efforts.

Programme name

Just Transition Mechanism – Public Sector Loan Facility Call (PSLF): Stand-alone projects

Objective(s) and scope

The public sector loan facility (PSLF) is the third pillar of the Just Transition Mechanism. It supports 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.

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
public research
digitalisation
environmental infrastructure for smart waste and water management
sustainable energy, energy efficiency and integration measures, including renovations and conversions of buildings
the transition to a circular economy
biodiversity
up-skilling and re-skilling, training

Type of finance provider

Public

Administering body

European Climate, Infrastructure and Environment Executive Agency (CINEA)

Financing product

Grants

Financing value

No fixed maximum amount per project. Total amount available under this programme is EUR 1,310 million for the 2021-2027 period (including framework projects).

For standalone projects:

loans requested directly from the EIB should be of at least EUR 12.5 million. The EIB covers usually up to 50% of the total project costs, which should therefore normally be at least EUR 25 million.
loans requested through EIB financial intermediaries should be of at least EUR 1 million.

High Capital (EUR > 50 million)

Mid capital (EUR 5-50 million)

Low capital (EUR 0-5 million)

Eligible countries

EU Member States

Eligibility criteria (if available)

Conditions:

Be legal entities (public bodies or private bodies entrusted with a public service mission) established in an EU Member State.
The projects must be linked to an EIB framework loan.
Beneficiaries and affiliated entities must register in the Participant Register — before submitting the proposal — and will have to be validated by the Central Validation Service (REA Validation). For the validation, they will be requested to upload documents showing legal status and origin.
Other entities may participate in other consortium roles, such as associated partners, subcontractors, third parties giving in-kind contributions, etc.