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    Signature(s)

    Amount
    € 150,000,000
    Countries
    Sector(s)
    Vietnam : € 150,000,000
    Credit lines : € 75,000,000
    Energy : € 75,000,000
    Signature date(s)
    31/10/2012 : € 75,000,000
    31/10/2012 : € 75,000,000
    Link to source

    Summary sheet

    Release date
    6 March 2012
    Status
    Reference
    Signed | 31/10/2012
    20100509
    Project name
    Promoter - financial intermediary
    VIETNAM CLIMATE CHANGE GL
    ACCEPTABLE BANK(S)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 150 million
    Not applicable.
    Description
    Objectives

    The proposed operation would support projects in the renewable energy, energy efficiency and other climate change mitigation and adaptation sectors

    The proposed operation will focus on supporting a series of investments that contribute to climate change mitigation through the avoidance or reduction of emissions of greenhouse gases, or their sequestration, by the use of renewable energy sources and energy efficiency enhancements as well as afforestation or reforestation. The proposed operation may also include climate change adaptation projects on a case by case basis.

    Environmental aspects
    Procurement

    The key objective of this operation is to improve the global environment by supporting projects that help to mitigate climate change. Most individual schemes to be financed will be small and are expected to have limited negative environmental impacts. All investment schemes will be required to meet the relevant national and EU environmental standards, including due consideration for protection of sites of nature conservation, as well as the social safeguards of the Bank.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Comments

    This operation is covered by the EU Guarantee for EIB loans outside the EU.

    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).

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