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The project concerns the financing of around sixty small- to medium-sized investment schemes in the fields of municipal housing, education, and childcare as well as in other municipal infrastructure (such as transportation and water). The project forms part of the city of Stockholm's four-year investment programme from 2014 to 2017.
The aim of the investments is to modernise the municipality´s basic infrastructure and to improve the quality of public services.
Sweden, as an EU Member State, has harmonised its environmental legislation in line with the relevant EU Directives 2011/92/EU Directive and 2001/42/EC). The Bank’s appraisal will focus on the promoter’s environmental management capacity to properly apply the EU Strategic Environmental Assessment Directive 2001/42/EC, the EU Environmental Impact Assessment Directive 2011/92/EU, as well as the requirements of the Habitats and Birds Directives where appropriate. Compliance with the EU Directive on the Energy Performance of Buildings- recast (2010/31/EU) will be further examined during appraisal. All relevant key documents for the project will be published, in line with the Bank’s disclosure policy.
The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir 2004/18/EEC and/or 2004/17/EEC and Dir. 2007/66/EC (amending Directives 1989/665/EEC and 1992/13/EEC)), with publication of tender notices in the EU Official Journal, as and where required.