Release date: 27 June 2013
Promoter – Financial Intermediary
KAZAGRO NATIONAL MANAGEMENT HOLDING JSCLocation
Description
A dedicated EIB loan to finance climate change projects in the agri-food sector in Kazakhstan, promoted by rural micro, small and medium enterprises (MSMEs), SMEs and mid-caps.
Objectives
The loan will focus on financing projects contributing to climate change adaptation, such as resource efficiency (e.g. water efficiency, irrigation), protection of soil erosion schemes (buffer zones, river bank fencing), improved logistics and grain elevators, afforestation of degraded land, and possibly climate mitigation (e.g. biomass energy projects).
Comments
This operation is covered by the EU Guarantee for EIB loans outside the EU.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 100 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Signed - 21/07/2017
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).