The European Investment Bank (EIB) is launching a public consultation as part of the review of its energy sector lending policy. The review process is expected to be finalised in summer 2013 (see timetable below).
The EIB’s energy sector lending policy is based on relevant EU sector policies. These policies are translated into lending objectives and project screening criteria for Bank financing.
The current EIB energy sector lending policy was developed in 2006 and 2007 and is set out in three documents:
The current review is taking place in light of the market and EU policy developments that have occurred in recent years.
The consultation process seeks to solicit views and input from a wide array of stakeholders that are involved in the energy sector and can bring valuable expertise to the review of the EIB’s energy sector lending policy.
The EIB has prepared an issues paper that provides external stakeholders with background material about the scope of the review and that raises a number of key issues that will be looked at when reviewing the current energy sector lending policy. This paper is intended to be read alongside the Bank’s energy sector lending documents highlighted above, and the Bank’s other key strategy and policy documents notably the Bank’s Corporate Operational Plan, the various other sector lending policies and the Bank’s Statement on Environmental and Social Principles and Standards.
Links to all these documents can be found in the matrix at the bottom of this page.
Stakeholders can send written contributions until 31st December 2012. Written comments received will be published on the EIB website.
Contributions can be submitted by email, fax or mail to:
European Investment Bank
FAO Adrian Aupperle (Communication Department)
98-100, boulevard Konrad Adenauer
Fax: +352 43 79 – 62000
A public consultation meeting took place on 7th December in Brussels. The meeting was open to all interested stakeholders and offered the opportunity to exchange directly with EIB staff about the Bank’s energy sector lending policy and the key issues at stake within the review.
||Launch of public consultation and publication of information on website|
|07 December 2012
||Public consultation meeting in Brussels|
|31 December 2012||Deadline for submission of written comments|
||Revision of energy sector lending policy taking into account stakeholder views and contributions.|
|May/June 2013||Publication of draft revised Policy, draft Consultation Report and Bank comments to stakeholder contributions (issues matrix) on EIB’s website (15 working days before discussion at the EIB’s Board of Directors)|
|Summer 2013||Approval of revised Policy together and Consultation Report by EIB’s Board of Directors|
||EIB energy lending policy and Consultation Report published on EIB website|
Adrian Aupperle (Communication Department)
Tel. +352 4379 83141
Matrix of key documents during public consultation
Launch of consultation
consultation meeting in Brussels
Publication of stakeholder contributions
Publication of EIB comments to stakeholder contributions
Publication of Consultation report
Publication of final draft of policy
Adoption of new Policy by EIB’s Board of Directors