Scotland's Low Carbon Project Development Unit
The European Regional Development Fund (ERDF) is an outcomes and results-driven investment programme. It is designed to ensure that investment results in defined impacts for communities. The 2014-2020 ERDF strategy and programmes are designed around Strategic Interventions. These are large scale programmes of work which will be managed by Lead Partners – organisations that have a demonstrated capacity to manage Strategic Interventions and comply with the audit responsibilities for the funds.
The Scottish Government is the lead partner for the Low Carbon Infrastructure Transition Programme (LCITP) Strategic Intervention. European match funding to the LCITP is guaranteed up until autumn 2018.
Launched in March 2015, the LCITP is a working partnership between the Scottish Government, Scottish Enterprise, Highlands & Islands Enterprise, Scottish Futures Trust and sector specialists. A range of support mechanisms including project development, expert advice and financial support (where applicable) is available through the LCITP to support the development of substantive private, public and community low-carbon projects across Scotland.
The programme aims to stimulate commercial interest and investment and maximise Scotland’s vast potential in the low carbon sector whilst contributing to the positive progress of the Scottish Government in reducing Scotland’s greenhouse gas emissions – as of June 2016, Scotland had already exceeded its world-leading 2020 target for a 42% reduction six years ahead of schedule with a 45.8% reduction from baseline levels.
The intervention will focus on supporting the acceleration of projects to develop investment grade business cases helping them to secure public and private capital finance.
In addition, the programme will collate evidence on recurring barriers and challenges to projects and share this intelligence with investment communities to ensure the refinement of all parts of the system to support the transition to a low carbon economy where possible.
Applicants should be aware that as the LCITP is a new programme, the guidance will be reviewed as the programme evolves and therefore may be subject to change. The European Union and Scottish Ministers reserve the right to amend the National Rules and LCITP reserves the right to amend the published guidance during the period of the programme. Decisions to fund Projects will be based on the availability of funding, how well the project matches the LCITP priorities and its contribution to outcomes as part of the whole Strategic Intervention. These priorities may change during the course of the Strategic Intervention to take into account gaps in meeting priorities. The Scottish Government reserves the right not to award any support at all under this programme. It is expected that information about supported projects will be shared as required on a confidential basis between the partners without affecting applicants' commercial sensitivity.