The POCS has allotted approximately € 2,100M of FEDER assistance, 38.2% of the Program, to the axis Low Carbon 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. IEA/IRENA Global Renewable Energy Policies and Measures Database © OECD/IEA and IRENA, [November 2020]