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eeef Annual Report 2015

The eeef’s Business Proposal How to Qualify for eeef Funding The final beneficiaries of the eeef are municipal, local and regional authorities or public and pri- vate entities acting on behalf of those authorities, such as utilities, public transportation provid- ers, social housing associations, energy service companies (ESCOs), etc. Funding can be pro- vided in Euros and in certain cases also in local currencies. The General Eligibility Criteria: • Municipal link • Commitment of the municipality to mitigating climate change (e.g., via Covenant of Mayors initiative) • Primary energy savings and CO2 e emission savings of at least 20% • Investment tickets for the eeef should preferably be between €5.0m and €25.0m • Alignment with relevant EU legislation • Use of proven technologies; each technology may have its own specific eligibility criteria 12 eeef Annual Report 2015