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Summary sheet

Release date
2 September 2013
Status
Reference
Approved | 12/11/2013
20130284
Project name
Promoter - financial intermediary
CFFL-LIAONING FORESTRY
The borrower is the People's Republic of China, represented by the Ministry of Finance, who will on-lend to Liaoning Province. The project will be implemented by Forestry Department of Liaoning Province.
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 30 million
EUR 60 million
Location
Sector(s)
Description
Objectives

The project is one of the eight foreseen under the China Forestation Framework Loan. The project is to develop 23,700 hectares of forest land in Northern China through establishment of new plantations and rehabilitation of existing forests. Forest types to be developed are ecological forests for soil and water conservation, poplar timber plantations and fruit tree plantations.

Besides providing the necessary economic benefits for the local farmers and villages to commit to the project, it also combats against desertification and soil erosion, while preserving biodiversity and improving water quality. Forest carbon sequestration will help mitigate climate change, in line with EU policies.

Environmental aspects
Procurement

The project is expected to deliver important environmental benefits in terms of climate mitigation, climate adaptation, tackling severe soil erosion and reducing the expansion of the Khorchin desert in northwest part of the Province. Planting of different tree species will provide income and work opportunities for local communities, who will also benefit from the protective functions of planted forest areas.

The Bank will require the promoter to ensure that implementation of the project be done in accordance with the Bank's Guide to Procurement.

Related projects
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).

Documents

Environmental and Social Data Sheet (ESDS) - CFFL-LIAONING FORESTRY
Publication Date
2 Jan 2014
Document language
Main Topic
Lending
Document Number
49148281
Document Focus
Environmental Information
Project Number
20130284
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - CFFL-LIAONING FORESTRY - Ecological Afforestation Demonstration in NW Liaoning Province
Publication Date
20 Sep 2016
Document language
Main Topic
Lending
Document Number
53221344
Document Focus
Environmental Information
Project Number
20130284
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - CFFL-LIAONING FORESTRY - Social Assessment Report
Publication Date
20 Sep 2016
Document language
Main Topic
Lending
Document Number
53222738
Document Focus
Environmental Information
Project Number
20130284
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - CFFL-LIAONING FORESTRY
Publication Date
17 Dec 2020
Document language
Main Topic
Lending
Document Number
135666979
Document Focus
Environmental Information
Project Number
20130284
Countries
Publicly available
Download now
Other links

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.

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Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

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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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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