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    EIB Climate Action Showcase Part 2

    EIB Climate Action Showcase Part 2

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    • Available in: de en fr

    Here is the second showcase of some of the Bank’s climate action projects across the world. The EIB supports projects in renewable and transition fuels, sustainable transport, adaptation and mitigation, water and forestry. Our first feature on climate action projects can be found here.

    Belgium’s biggest wind farm

    Located on the Bligh Bank, 46km off the coast of Zeebrugge, Belwind is Belgium’s largest renewable energy facility, with an output of 165MW. Its offshore location, away from shipping lanes and in a sector of the North Sea delineated for wind power generation, means it can avail of higher wind speeds and is not a blot on the landscape. The facility entered into full service at the end of 2010, and produces enough energy to cover the demands of approximately 175 000 households, while accounting for savings of 270 000 tonnes of CO2 emissions per year. The EIB supported the project with a EUR 300m loan out of a total cost of EUR 660.5m. It was significant to say the least, as Belwind CEO Frank Coenen explains, “the EIB played a major role in the first financing phase. It would have been nearly impossible for Belwind to find enough financing from the commercial banks. This was a sign the whole renewable energy market was waiting for.” Belwind has a total of 55 turbines and is connected to the Belgian grid via a 55km undersea cable. The project gave rise to 250 person-years of employment during its implementation phase, and has also created 20 permanent positions. Belwind is to be expanded to double its current capacity over the coming years.



    The streets of Warsaw breathe again

    The Polish capital Warsaw has become one of the most congested cities in Europe. As part of the city’s strategy for sustainable transport, the metro is being expanded. It currently only has a single line running North to South, and the EIB has lent PLN 1bn (EUR 238m) for the construction of an East-West axis. The first section of the new line to enter into service will be 6.7km long, and will include seven stations as well as a 400m connecting tunnel between the lines. In addition to alleviating the bottlenecks at street level as buses, cars and trams compete for space, the metro will reduce air and noise pollution, the transport modal shift enabling an estimated annual reduction of CO2 emissions of 42 000 tonnes. The Bank also lent transport authorities in Warsaw PLN 555m (EUR 139m) to purchase 35 modern and energy efficient trains for use on the metro lines, while the construction of line two will create jobs as the increase in operations will require more drivers, maintenance workers and office staff. The construction phase will create an impressive 15 500 person years of temporary employment.



    Maputo’s water of life

    Almost half of Maputo’s 1.7m inhabitants live in absolute poverty, and just 40% of them have access to adequate drinking water. The EIB is working with Water and Sanitation for the Urban Poor (WSUP) on a programme to improve water supply in Mozambique’s capital by increasing the production and efficiency of the local water network and extending supply to poorer areas on the outskirts of Maputo. Part of the funding for the scheme is a EUR 31m loan from the EIB, with further financial support from the Dutch and French development agencies and a EUR 25m grant from the European Union through the ACP-EU Water Facility. It is a work in progress, but the past two years have seen the installation of over 6 000 new connections in some of Maputo’s deprived bairros, providing water at affordable rates for over 50 000 people. Eventually the project will more than double the number of people in Maputo who have access to safe drinking water, from 670 000 to 1.5m. This contributes to the achievement of Mozambique’s Millenium Development Goals on water, health and poverty eradication. A short film about the Maputo water project can be viewed here.




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