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Signature(s)

Amount
€ 120,000,000
Countries
Sector(s)
Spain : € 120,000,000
Water, sewerage : € 64,800,000
Signature date(s)
27/02/2014 : € 55,200,000
27/02/2014 : € 64,800,000
Link to source

Summary sheet

Release date
6 March 2013
Status
Reference
Signed | 27/02/2014
20120141
Project name
Promoter - financial intermediary
FORESTRY & COASTAL MANAGEMENT
REINO DE ESPANA
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 200 million
EUR 400 million
Description
Objectives

Financing of investments in the rehabilitation of coastal areas, recovery of areas affected by forest fires and other investments targeted at environmental protection in Spain.

The project concerns investments aiming to restore and protect coasts, maintain and improve capacity to fight forest fires, and restore forests damaged by fires in 2012.

Environmental aspects
Procurement

The operation is expected to deliver multiple environmental benefits. Certain activities included in the overall project may require an EIA subject to judgment of competent authority, in accordance with Annex II of EIA Directive (2011-92/EU). Where an action may affect a Natura 2000 site (designated according to Habitats Directive 92/43/EEC / Birds Directive 79/409/EEC), the Bank requires the promoter to follow the directives’ procedures as transposed into national law.

The procurement procedures to be employed will be reviewed by the Bank’s services, to ensure compliance with the EIB’s Procurement Guidelines. Where the Beneficiary is a public administration entity, it will be required to follow the EU public procurement rules (2004/18/EC) including publication of contract notices in the EU Official Journal as implemented by national law. Compliance with these Directives will be confirmed at appraisal.

Link to source

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).

Documents

Environmental and Social Data Sheet (ESDS) - FORESTRY & COASTAL MANAGEMENT
Publication Date
7 Jan 2014
Document language
Main Topic
Lending
Document Number
48475202
Document Focus
Environmental Information
Project Number
20120141
Regions
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - FORESTRY & COASTAL MANAGEMENT
Publication Date
1 Jan 2019
Document language
Main Topic
Lending
Document Number
75526887
Document Focus
Environmental Information
Project Number
20120141
Regions
Countries
Publicly available
Download now

News & Stories

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Enquiries and comments concerning 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, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the 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 and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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