Vietnam Climate Change GL
- Reference: 20100509
- Release date: 06 March 2012
The Socialist Republic of Vietnam, represented by the Ministry of Finance, for on-lending to selected state-owned banks.
- Vietnam
The proposed operation would support the renewable energy, energy efficiency and other climate change mitigation and adaptation sectors.
The proposed operation will focus on supporting a series of investments that contribute to climate change mitigation through the avoidance or reduction of emissions of greenhouse gases, or their sequestration, by the use of renewable energy sources and energy efficiency enhancements as well as afforestation or reforestation. The proposed operation may also include climate change adaptation projects on a case by case basis.
- Energy
- Credit lines
EUR 150 million
Total cost (Approximate amount)EUR 300 million
Environmental aspectsThe key objective of this operation is to improve the global environment by supporting projects that help to mitigate climate change. Most individual schemes to be financed will be small and are expected to have limited negative environmental impacts. All investment schemes will be required to meet the relevant national and EU environmental standards, including due consideration for protection of sites of nature conservation, as well as the social safeguards of the Bank.
Procurement will be undertaken in accordance with the Bank’s Procurement Guidelines.
Signed - 31/10/2012.
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).
