Link to source
Data sheet
Other links
Summary sheet
Release date
5 May 2009
Status
Reference
Signed | 11/12/2009
20090198
Project name
Promoter - financial intermediary
EIB-KfW Value Added Carbon Fund II
EIB and KfW
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 50 million.
Indicatively estimated to be around EUR 100 million
Description
Objectives
Under this proposal, EIB and KfW would establish a new jointly sponsored platform mainly dedicated to the purchase of carbon credits from Programmatic CDM (Clean Development Mechanism) and/or projects/programmes in Least Developed Countries (LDCs).
Not available.
Environmental aspects
Procurement
Fund II operations will bring global environmental benefits by supporting projects that help mitigate climate change. The individual schemes to be financed are small relative to the scale of the entire energy and environmental project markets but the social and economic impacts in LDCs are very important.
Compliance with the EU procurement directives and national laws shall be ensured.
Link to source
Summary sheet
Other links
Data sheet