Factsheet for measure
BE-2002-1/2688
– measures in Belgium
Easy'Green
Easy'Green
Background information
In order to facilitate the Green Transition, the Easy'Green loan was established. It provides attractive conditions for financing projects to reduce carbon footprint.
The programme supports Belgian VSEs and SMEs, based in Wallonia, that develop innovative projects that reduce carbon emissions (eco-innovation). In addition the company has to exist for more than 3 years, is not considered to be in financial difficulty.
All sectors are eligible, apart for some exceptions:
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Agriculture, fishing and aquaculture
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Shipbuilding
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Production and distribution of energy or water
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Banking, finance, insurance and insurance auxiliaries, property development
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Education and training, health, culture
Content of measure
Easy'Green supports circular economy solutions and endorses the development of innovations having a direct impact on reducing carbon emissions. Besides, the programme aims to help enterprises reduce their energy consumption.
Within the framework of the Easy'green system, companies may benefit from:
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Evaluation of the eligibility of applying project, taking into account, in particular, its innovative nature and its impact on CO2 emissions
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Evaluation of the commercial prospects of proposed projects
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Evaluation of the financial situation of the applying company
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Financial support to carry out a project
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Consultancy for complementary financing solutions.
For the realisation of an eco-innovative project, the programme offers many different financing formulas in various forms and capital.
The maximum project amount should not exceed €1 million per project, there is no minimum amount.
The duration of the project can vary (there is a possibility of deferment)
The project is managed by Novallia, a subsidiary of Sowalfin. Sowalfin is a public limited company founded by the Walloon Government in 2002 to facilitate access to finance for businesses. Funding is provided via the ERDF (European Regional Development Fund) programme in a collaboration between Wallonnia and the European government.
Use of measure
As of Septmber 2020, approximately 170 projects are supported by Easy'Green and a funding granted of €33 million. It is estimated that these projects combined save approximately 11,000 tonnes of CO2 every year.
Target groups
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Workers
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Businesses
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Citizens
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Does not apply to workers
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Applies to all businesses
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Does not apply to citizens
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Actors and funding
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Actors
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Funding
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Local / regional government
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European Funds
Regional funds
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Social partners
Social partners' role in
designing the measure
and form of involvement:
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Trade unions
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Employers' organisations
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Role
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Unknown
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Unknown
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Form
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Not applicable
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Not applicable
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Social partners' role in the
implementation, monitoring and assessment phase:
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Unknown
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Main level of involvement: Unknown
Involvement
Unknown
Views and reactions
Unknown
Sources
