Division 5.3.1.2 NCFF state-of-play

The NCFF is implemented by the European Investment Bank pursuant to a Delegation Agreement concluded with the Commission. During the pilot phase that started under the LIFE MAWP 2014-2017 and will continue until 2020, the NCFF is expected to execute 9-12 operations. The funds committed for the NCFF in 2014-2017 are estimated to suffice for the entire LIFE programme period. The Commission agreed with the EIB an extension of the implementation period until the end of 2021.

In February 2017, one operation had concluded negotiations and was signed, and another is expected to be concluded also within this year. The European Investment Bank continues developing a pipeline of eligible operations.