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Signature(s)

Amount
€ 100,000,000
Countries
Sector(s)
Spain : € 100,000,000
Signature date(s)
31/08/2009 : € 25,000,000
11/03/2011 : € 25,000,000
8/10/2010 : € 50,000,000
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Summary sheet

Release date
2 June 2009
Status
Reference
Signed | 31/08/2009
20090027
Project name
Promoter - financial intermediary
Medio Ambiente Castilla-La-Mancha

Comunidad Autónoma de Castilla-La-Mancha

Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 75 million.
Up to EUR 200 million.
Description
Objectives

Reforestation and implementation of more effective measures to prevent forest fire, mitigation of soil erosion and regeneration of natural habitat.

The Bank’s project will co-finance selected actions in Castilla-La Mancha’s Campañas de Prevencion y Extinción de Incendios Forestales 2008-2013 and the Plan de Restauracion del Rodenal (Guadalajara), including reforestation, purchase of fire-fighting equipment, undertaking of engineering works, implementation of forest management techniques to minimise fire risk, and improvement of technical expertise.

Environmental aspects
Procurement

The project, an investment loan covering regional campaigns to improve forest fire-fighting and facilitate recovery of burned areas, is expected to deliver multiple environmental benefits. These include improved forest ecosystem health, increased greenhouse gas sequestration and contribution to nature protection objectives.

The promoter is a public entity and therefore subject to procurement procedures which should comply with directive 2004/18/EG.

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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).

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.

Media enquiries

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 Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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