The European Agency for Climate, Infrastructure, and Environment has recently launched the LIFE Program 2021-2027. This is the only instrument of the European Union dedicated exclusively to the financing of projects aimed at the environment and climate action. The goal of this call is to finance projects framed within four specific sub-programs:
- Nature and Biodiversity
- Circular Economy and Quality of Life
- Mitigation and Adaptation to Climate Change
- Clean Energy Transition
The LIFE PROGRAM has a budget of 5.432 billion euros for the period 2021-2027. The budget allocation for the 2021 call is 580 million euros. The aids will be in the form of subsidies.
- Nature and Biodiversity subprogram (BIO/NAT). Up to 75% subsidy (60-67-75%).
- Circular Economy and Quality of Life subprogram (ENV). Up to 60% subsidy.
- Mitigation and Adaptation to Climate Change subprogram (CLIMATE). Up to 60% subsidy.
- Clean Energy Transition subprogram (CET). This subprogram is entirely new, and the intensity of aid can reach up to 95% subsidy
- Version: August 2021