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    Signature(s)

    Amount
    € 120,000,000
    Countries
    Sector(s)
    Spain : € 120,000,000
    Water, sewerage : € 64,800,000
    Signature date(s)
    27/02/2014 : € 55,200,000
    27/02/2014 : € 64,800,000
    Link to source

    Summary sheet

    Release date
    6 March 2013
    Status
    Reference
    Signed | 27/02/2014
    20120141
    Project name
    Promoter - financial intermediary
    FORESTRY & COASTAL MANAGEMENT
    REINO DE ESPANA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    EUR 400 million
    Description
    Objectives

    Financing of investments in the rehabilitation of coastal areas, recovery of areas affected by forest fires and other investments targeted at environmental protection in Spain.

    The project concerns investments aiming to restore and protect coasts, maintain and improve capacity to fight forest fires, and restore forests damaged by fires in 2012.

    Environmental aspects
    Procurement

    The operation is expected to deliver multiple environmental benefits. Certain activities included in the overall project may require an EIA subject to judgment of competent authority, in accordance with Annex II of EIA Directive (2011-92/EU). Where an action may affect a Natura 2000 site (designated according to Habitats Directive 92/43/EEC / Birds Directive 79/409/EEC), the Bank requires the promoter to follow the directives’ procedures as transposed into national law.

    The procurement procedures to be employed will be reviewed by the Bank’s services, to ensure compliance with the EIB’s Procurement Guidelines. Where the Beneficiary is a public administration entity, it will be required to follow the EU public procurement rules (2004/18/EC) including publication of contract notices in the EU Official Journal as implemented by national law. Compliance with these Directives will be confirmed at appraisal.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - FORESTRY & COASTAL MANAGEMENT
    Publication Date
    7 Jan 2014
    Document language
    Main Topic
    Lending
    Document Number
    48475202
    Document Focus
    Environmental Information
    Project Number
    20120141
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - FORESTRY & COASTAL MANAGEMENT
    Publication Date
    1 Jan 2019
    Document language
    Main Topic
    Lending
    Document Number
    75526887
    Document Focus
    Environmental Information
    Project Number
    20120141
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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