An Investment Concept is a document which translates an investment project idea into financial language in order to mobilise financing for its realisation.
The purpose of an investment concept is to provide investors and financial institutions with the information necessary to assess an investment project in a simple and fast manner. It converts climate and energy plans or part of its measures into sound investment packages and thus, facilitates the access to funding for municipalities/local authorities.
So far, many municipalities/local authorities have developed ambitious climate and energy action plans but had difficulties to access appropriate funding. In turn, financial institutions are more and more interested in financing sustainable energy projects but have problems in finding investment projects that fulfil their requirements. This document shall help in bridging this gap.
EUCF beneficiaries shall develop the investment concept within twelve months from Grant Agreement signature.
Yes, the Investment Concept can be submitted in the national language. The only requirement is to make a short summary in English which will be used for the validation of the Investment Concept.
No, detailed technical design is not required, but main technical parameters and detailed calculation of energy savings and CO2 emission reduction resulting from measures drafted in the IC are required.