Skip to main content
InvestEU
Project

SC Climate Fund III, FCRE

Energy

The thematic fund focusses on investing in companies and infrastructures that promote the circular economy and energy transition. It will invest in areas active in circular economy infrastructure and bio-waste economy. Both sectors (i.e. energy transition and circular economy) are key to achieving the objectives set by the EU, enabling progress in the decarbonization of the economy and minimizing/valuing waste that is currently untreated and disposed of in landfills. The investment strategy is supported by a macroeconomic environment marked by growing governmental and social pressure to act in the fight against climate change.

InvestEU operation amount EUR 50 million
Sector Electricity, gas, steam and air conditioning supply; electricity, gas, steam and air conditioning supply; water supply; sewerage, waste management and remediation activities; waste collection, treatment and disposal activities; materials 5 recovery; remediation activities and other waste management services. e38 - waste collection, treatment and disposal activities; materials recovery e38.3 - materials recovery e38.3.2 - recovery of sorted materials e39 - remediation activities and other waste management services d35 - electricity, gas, steam and air conditioning supply d35.3 - steam and air conditioning supply
Subsector  
Policy window Sustainable Infrastructure (SIW)
Approval by the Investment Committee 6 December 2023

Links and documents

12 FEBRUARY 2024
Conclusions - SC Climate Fund III, FCRE

Disclaimer: The Commission gives no warranty and makes no representation, whether expressed or implied, that the information is error free. The information is provided without any guarantees, conditions, or warranties as to its accuracy. This portal is made available for information purposes only.

Policy window
  • Sustainable Infrastructure (SIW)
Eligible areas
  • Energy
Implementing partner
  • ICO