The Commission has adopted the third Public Sector Loan Facility (PSLF) annual implementation report

• The results of the PSLF Call for Proposals for the six submission deadlines. By 30 July 2024, the PSLF evaluation committee selected project proposals representing an estimated grant amount of around EUR 148 million offered by the European Commission, which are inked to an estimated loan amount of around EUR 863 million offered by the European Investment Bank.
• Information about first five PSLF projects located in Czechia (cultural facilities), Greece (urban renewal), France (sustainable mobility) and Sweden (social housing)
• Advisory support available to apply for PSLF and examples of first assignments

About the Public Sector Loan Facility

The Public Sector Loan Facility (PSLF) is the third pillar of the Just Transition Mechanism (JTM) – a key tool of the European Green Deal Investment Plan to make sure that no one and no region is left behind in the transition to a climate-neutral economy.

The PSLF combines loans from the European Investment Bank (up to around. EUR 6-8 billion) with grants from the European Commission (up to EUR 1.3 billion). The combined support is designed to mobilise additional investments for public sector entities in the regions most affected by the climate transition, as identified in the territorial Just Transition Plans, to meet their development needs in the transition towards a climate-neutral economy. The blending of the European Investment Bank loan and the Commission grant will facilitate the financing of projects that do not generate sufficient streams of revenues to cover their investment costs.

Full report available in all official EU languages: EUR-Lex - 52024DC0424 - EN - EUR-Lex (europa.eu)

 The first and second report can be found here and here.

To learn more about the Public Sector Loan Facility visit a website  Just Transition Mechanism - European Commission (europa.eu)