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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

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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.
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