KAZAKHSTAN - STRATEGIC FRAMEWORK FACILITY

Projektträger – zwischengeschaltetes Finanzinstitut

PUBLIC ENTITY(IES)

Ort

• Kasachstan

Beschreibung

The project consists of a framework loan to support energy and transport infrastructure investments developed by public and private entities and financed by the Development Bank of Kazakhstan.

Ziele

The operation consists of a framework loan to support sustainable infrastructure investments (schemes or sub-projects) in Kazakhstan. The framework loan is to be intermediated by the Development Bank of Kazakhstan (DBK) to support eligible promoters developing schemes in two sectors: * Energy sector: Renewable energy schemes, primarily wind energy and photovoltaic (PV). These schemes are developed by Independent Power Producers (IPP) obtaining concessions in public auctions. * Transport sector: Road rehabilitation and construction schemes under the "medium" programme for Rehabilitation of Public Highway

Sektor(en)

• Energie - Energieversorgung
• Verkehr - Verkehr und Lagerei

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

EUR 200 million

Gesamtkosten (voraussichtlicher Betrag)

EUR 400 million

Umweltaspekte

The promoter shall implement and operate the investments in conformity with national laws, as well as the EIB's environmental and social standards (E&S). The project is considered acceptable for EIB financing in environmental and social terms, with the following undertakings: * The project ESMF (or equivalent), referencing EIB E&S Standards, shall be established for the project and followed by the underlying promoter(s) for all the sub-projects * Commitment by the FI and the promoters, to establish and maintain a project implementation unit (PIU), or equivalent, for the project with resources for managing environmental, social and climate change issues. * When relevant, the FI shall deliver to EIB the Environmental Impact Assessment (EIA) EIA report and other relevant environmental documents. * For all schemes, the FI/promoter(s) shall provide, together with an allocation request. * A statement signed by the promoter that confirms environmental and social compliance with the EIB standards. * Environmental and Social Action Plan addressing identified gaps for the scheme and Environmental and Social Management Plan. * Resettlement action plan, where applicable * The FI/promoter(s) will be required to undertake reasonable efforts to ensure that the projects it finances are screened for any labour issues in the supply chain, and will endeavour where possible to cascade down similar requirements in its finance contracts with the promoters. In line with this, DBK, inter alia and on a best effort basis, will require the solar PV installation companies to obtain certificates from suppliers certifying no violations of labour rights for the production of panels * The Bank will require the FI/promoter(s) to store and maintain updated any E&S relevant documents (e.g. environmental studies, and Nature/Biodiversity Assessments, Environmental and Social Management Plans).

Auftragsvergabe

The Bank will require the Promoter to ensure that any procurement under the project will be done in accordance with the EIB's Guide to Procurement

Projektstatus

In Prüfung - 8/08/2024