The State Environmental Fund of the Czech Republic
Investments in Environmental Improvement
The State Environmental Fund of the Czech Republic (SEF CR) has been substantively contributing to investments aimed at protecting and improving the environment. It primarily co-finances projects to improve quality of water, air, waste management, protection of nature and the countryside, environmental education, utilisation of renewable energy sources and measures to improve the energy performance of buildings.
A dense network of consultants, skilled and highly qualified project managers, the fair evaluation of applications and the quick payment of approved subsidies – these quality services are provided by the State Environmental Fund to all subsidy applicants and project contractors in the field of environmental improvement.
The SEF’S CR Role in the World of Subsidies
The State Environmental Fund of the Czech Republic grants financial aid through subsidies, soft loans or a combination of both. The Fund obtains the financial resources from the state budget and from polluters. Polluters pay fees for discharges of wastewater, for land reclassification, air pollution fees and fees levied under the Waste Act.
The main activities of the Fund include providing consulting and advisory services, receiving and evaluating aid applications, preparing supporting documents for approving aid and the contractual agenda for providing
aid, disbursing financial resources to aid beneficiaries and continually auditing their use, conducting the final evaluation of the allocation of the resources provided and of the accomplished environmental effects and occasionally imposing and enforcing sanctions in cases of non-compliance with the contractual conditions for granting aid.