The projects will be mainly located in (but not limited to) assisted areas in Germany.
Description
Projects of limited size promoting environmental protection, rational use of energy, improvement of infrastructure (including health, education and social housing in well defined urban schemes) and i2i.
Objectives
The proposed global loan will finance small- and medium-scale projects in the fields of environmental protection, energy saving and infrastructure (including health and education) and i2i, the support of which is in line with both national and Community objectives. A large portion of the projects will be located in the assisted areas of Germany. For the above stated reasons the global loan is deemed eligible under Article 267 points a) and c) of the EU Treaty.
Comments
Regional Development.
Sector(s)
Credit lines
Proposed EIB finance (Approximate amount)
EUR 200 million.
Total cost (Approximate amount)
EUR 400 million.
Environmental aspects
Within the framework of the global loan, the Borrower will be requested to ensure compliance of the sub-projects with EU directives, as may be appropriate.
Procurement
Within the framework of the global loan, the Borrower will be requested to ensure compliance of the sub-projects with EU directives, as may be appropriate.
Status
Signed
-
23/05/2005.
Disclaimer
Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities. Enquiries and comments regarding 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, EIB can also be contacted through its external offices.
Queries regarding details of a specific project, in particular when EIB loan is under appraisal, should be preferably addressed directly to project promoters.
Any complaint regarding alleged maladministration can be lodged to 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 or corruption in EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential, and are handled in line with EIB investigation procedures and the Anti-Fraud Policy.
The EIB is committed to achieving the highest possible level of transparency. The EIB Transparency Policy sets out how EIB discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.
Regional Development.