Success stories
Discover the impact of financial instruments and how they meet the financing needs of businesses around Europe.
MEEF helps black cabs convert to electric
Thanks to the Mayor of London’s Energy Efficiency Fund (‘MEEF‘), which uses European Regional Development Fund (ERDF) financial instruments (FIs), Colts Cabs Limited (‘Colts’), London’s largest independent licensed taxi rental company, has benefitted from a multi-million Euro loan to fund 30 electric black cabs through an innovative and flexible pay-per-mile mechanism.
Green energy courtesy of your bio-waste
According to the French Environment and Energy Management Agency (ADEME), perishable waste represents a third of residual household waste in France. A Toulouse start-up named Hector le collector had the good idea of collecting unused urban food waste at offices and restaurants in order to transform it into bio-energy.
Comfort and savings for low-income households in Greece
The Greek Ministry of Development and Investments is supporting the restoration of thousands of individual houses and flats in the country, thanks to the 2014-2020 Energy Savings in Existing Housing Programme co-funded by the European Regional Development Fund.
Energy-saving renovation: good for the planet…and for the wallet
Thanks to the Lithuanian Government’s ambitious Energy Efficiency (EE) renovation programme, which uses ERDF financial instruments, more than 3 000 multi-apartment buildings have been renovated so far in the country, while more than 1 000 projects are in various stages of preparation.
Financial instruments and grants combination for energy efficiency of multi-apartment buildings in Latvia
This case study highlights Latvia’s Energy Efficiency Programme for Multi-apartment Buildings (EEPMB) which used 2014-2020 ERDF resources and combined two financial instruments (a guarantee and a loan) with grants to support energy renovations in residential multi-apartment buildings.