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Factsheet for measure BE-2002-1/2688 – measures in Belgium



Country Belgium , applies regionally

Time period Open ended, started on 01 January 2002
Context Green Transition, Restructuring Support Instruments
Type Legislations or other statutory regulations
Category Supporting businesses to stay afloat
– Access to finance
Author Dries Van Herreweghe (Katholieke Universiteit Leuven) and Eurofound
Measure added 23 June 2022 (updated 09 November 2022)

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:

  • Agriculture, fishing and aquaculture
  • Shipbuilding
  • Production and distribution of energy or water
  • Banking, finance, insurance and insurance auxiliaries, property development
  • 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: 

  • Evaluation of the eligibility of applying project, taking into account, in particular, its innovative nature and its impact on CO2 emissions
  • Evaluation of the commercial prospects of proposed projects
  • Evaluation of the financial situation of the applying company
  • Financial support to carry out a project
  • 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

Workers Businesses Citizens
Does not apply to workers Applies to all businesses Does not apply to citizens

Actors and funding

Actors Funding
Local / regional government
European Funds
Regional funds

Social partners

Social partners' role in designing the measure and form of involvement:

Trade unions Employers' organisations
Role Unknown Unknown
Form Not applicable Not applicable

Social partners' role in the implementation, monitoring and assessment phase:

  • Unknown
  • Main level of involvement: Unknown



Views and reactions




Eurofound (2022), Easy'Green, measure BE-2002-1/2688 (measures in Belgium), EU PolicyWatch, Dublin,


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Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process.