The POCS has allotted approximately € 2100M of FEDER assistance, 38.2% of the Program, to the axis LowCarbon Economy. This sum is intended to be managed by the Institute for Diversification and Energy Saving (IDAE) as an intermediary organism for the actions in this axis. Likewise, the POCS establishes that part of the budget for this axis, about €480M over the 2014-2020 period, shall be allotted to projects that allow for the transition to a low-carbon economy in the field of local entities. In this field, the IDAE has been tasked with managing the selection of projects and assigning the appropriate assistance. In line with the above, through Royal Decree 616/2017, a line of support to subsidise single projects that promote the transition to a low-carbon economy in the field of local entities with less than 20.000 inhabitants has been approved. The overall budget assigned amounts to 987,153,542 Euros. In order to avoid an excessive concentration of funds in the hands of a single town hall, a limit of 5 million Euros per town hall has been established. Subsidised projects shall have to achieve a reduction in carbon dioxide emissions through the following types of actions: An improvement in the energy efficiency of public buildings, infrastructure and services (Specific Target OE 431); Sustainable urban mobility (Specific Target OE 451); The use of thermal renewable energy and electrical personal consumption (Specific Target OE 432).
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