Financial instrument "Circular Economy" 2021-2027

Indicative budget of the instrument:

BGN 537.73M  (EUR 274.94M)

Portfolio guarantee with a loss ceiling with the possibility of combining the financial instrument with non-repayable financial assistance in a single operation.

Goals of the instrument:

Promoting energy efficiency and reducing greenhouse gas emissions ("Energy Efficiency"):

  • Implementation of energy efficiency measures based on energy audits recommendations;
  • Introduction and certification of energy management systems;
  • Introduction of monitoring and control systems for energy consumption;
  • Stimulating the use of electricity, heat, and cooling energy from renewable sources for self-consumption, including storage systems.

Promoting the transition to a circular and resource-efficient economy ("Circular Economy"):

  • More efficient use of natural resources in production, including reducing the use of primary raw materials;
  • Increasing product durability or reusing it;
  • Improving recycling capabilities, reducing the use of non-recyclable materials, and reducing the content of hazardous substances in products;
  • Energy systems produced from renewable sources for self-consumption;
  • Waste management in enterprises.

Source of public resources:

"Competitiveness and Innovation in Enterprises" Programme 2021-2027.

Current stage of the instrument:

Structuring and preparation of tender pack