Cohesion policy financial instruments for REPowerEU and the New European Bauhaus

20 June 2022, 15.00-17.00


The European Commission (EC) and the European Investment Bank (EIB) are pleased to invite you to a major joint announcement of the launch of two new model financial instruments to support the REPowerEU and New European Bauhaus initiatives.

The joint announcement will be followed by a thematic workshop focusing on the key features of the new model financial instruments that will support these initiatives. The workshop will provide an early opportunity for participants to learn more about the model financial instruments and ask questions to fi-compass experts from the Directorate-General for Regional and Urban Policy (DG REGIO) and the EIB on how the model financial instruments may be implemented in the 2021-2027 programming period.

Keynote speakers

Elisa Ferreira

European Commissioner for Cohesion and Reforms

Lilyana Pavlova

Vice-President, European Investment Bank

The main language of the event will be English. Registration has closed. For any registration requests, please contact us at

New European Bauhaus territorial development model (NEB TDM) financial instrument

The final version of the New European Bauhaus territorial development model (NEB TDM) financial instrument has been published as a Commission Staff Working Document.

The model financial instrument aims to provide managing authorities implementing cohesion policy programmes with the building blocks, they could use to set up and implement the financial instrument supporting the New European Bauhaus projects in the 2021-2027 period based on the Common Provisions Regulation (CPR).

Model for a financial instrument with a grant component to support energy efficiency

This model financial instrument allows managing authorities to support energy efficiency projects that combine grants with loans in a single financial instrument operation.

Model financial instruments are intended to provide a non-exhaustive insight into the potential for managing authorities to use the new flexibilities in Article 58 of the Common Provisions Regulation (CPR).

The New European Bauhaus is a creative and interdisciplinary initiative that connects the European Green Deal to our living spaces and experiences.

Energy Efficiency in housing

The estimated funding gap for energy efficiency investments in the EU over the next decade is EUR 185 billion per annum. This short video illustrates how ERDF financial instruments can use Cohesion policy resources to mobilise private investment to finance energy efficiency projects in the EU.

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