- LIFE is the EU's financial instrument for the environment, nature conservation and climate action, in the 2014-2020 funding period. It is managed by the European Commission’s DG Environment and DG Climate Action. Under the theme of climate change mitigation, projects focusing on the efficient use of energy in the transport sector are supported.
The EIB, together with the European Commission, has set up four special support instruments:
- Provides technical assistance to prepare high-quality major projects to be financed by the ERDF and CF, including CEF projects. It targets assistance on infrastructure projects which are defined as 'major' projects in the Common Provisions Regulation.
- Promotes the use of financial engineering instruments to improve access to finance for SMEs via Structural Funds interventions.
- Supports sustainable urban development and regeneration through financial engineering mechanisms.
Provides both technical assistance and financial support to non-bank micro-credit providers and helps them to improve the quality of their operations, to expand and to become sustainable.