Signature(s)
Amount
€ 50,006,000
Sector(s)
Services
: € 50,006,000
Signature date(s)
18/02/2011 : € 6,000
22/12/2010 : € 5,000,000
20/12/2010 : € 45,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
9 November 2010
Status
Reference
Signed | 22/12/2010
20100525
Project name
Promoter - financial intermediary
Interact Climate Change Facility
INTERACT CLIMATE CHANGE FACILITY
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million.
EUR 500 million.
Location
Sector(s)
Description
Objectives
Co-financing with European Development Finance Institutions (EDFIs) and Agence française de Développement of climate action operations in ACP countries under co-investment agreement.
The ICCF will finance only climate-friendly investments undertaken by the private sector. Its aim is to support low carbon sustainable economic development. Main focus of the Facility is the avoidance of greenhouse gas emissions.
Environmental aspects
Procurement
One of the main objectives of this operation is to mitigate climate change by supporting projects that reduce greenhouse gas emissions. All projects financed under the scheme must comply with applicable environmental and social standards and must meet the relevant EIB’s standards.
Not applicable.
Link to source
Summary sheet
Other links
Data sheet