24.09.2020 | News
NEFCO provides grant financing for project preparation, technical assistance as well as implementation to project measures that support the Baltic Sea Action Plan and would not otherwise happen. Check if your project is eligible and apply before 30 October 2020.
The Baltic Sea Action Plan Fund (BSAP Fund) was set up in 2010 to help speed up the implementation of the Baltic Sea Action Plan, adopted by the HELCOM member countries in 2007. The ultimate aim of the Action Plan and the Fund is to restore the ecological status of the Baltic Sea.
Through the fund, we can award financing to both commercial and non-commercial entities for institutional support, demonstration purposes, project preparation and development, or project implementation in the Baltic Sea Region and its catchment area. Selected proposals may receive grant financing from EUR 30,000 to EUR 200,000, subject to certain co-financing requirements.
Funding available for various sectors
Eligible project activities can include, but are not limited to, measures that:
- reduce land-based nutrient inputs;
- improve nutrient recycling;
- manage internal nutrient reserves;
- address pollution by hazardous substances; or
- reduce marine litter, microplastics etc.
Previously financed projects include nutrient recycling, manure management, small-scale sanitation plants, wastewater treatment, alternative fuels and harbour facilities for wastewater management. Read more about some of these at nefco.int/bsap.
Apply by 30 October 2020
The BSAP Fund is currently open for applications. We can finance both new initiatives and support activities that build on initiatives previously developed. The application deadline for this campaign is 30 October 2020.
Download the eligibility criteria and check whether your project is eligible.
The BSAP Fund is financed by contributions from the governments of Sweden and Finland and jointly managed by NEFCO and the Nordic Investment Bank (NIB).