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    Signature(s)

    Amount
    € 50,006,000
    Countries
    Sector(s)
    ACP States : € 50,006,000
    Services : € 50,006,000
    Signature date(s)
    18/02/2011 : € 6,000
    22/12/2010 : € 5,000,000
    20/12/2010 : € 45,000,000

    Summary sheet

    Release date
    9 November 2010
    Status
    Reference
    Signed | 22/12/2010
    20100525
    Project name
    Promoter - financial intermediary
    Interact Climate Change Facility

    INTERACT CLIMATE CHANGE FACILITY

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million.
    EUR 500 million.
    Location
    Sector(s)
    Description
    Objectives

    Co-financing with European Development Finance Institutions (EDFIs) and Agence française de Développement of climate action operations in ACP countries under co-investment agreement.

    The ICCF will finance only climate-friendly investments undertaken by the private sector. Its aim is to support low carbon sustainable economic development. Main focus of the Facility is the avoidance of greenhouse gas emissions.

    Environmental aspects
    Procurement

    One of the main objectives of this operation is to mitigate climate change by supporting projects that reduce greenhouse gas emissions. All projects financed under the scheme must comply with applicable environmental and social standards and must meet the relevant EIB’s standards.

    Not applicable.

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    General enquiries and comments

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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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    Complaints mechanism

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    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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