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Summary sheet

Release date
22 May 2015
Status
Reference
Approved | 24/07/2015
20140644
Project name
Promoter - financial intermediary
CCCFL - SHANDONG COASTAL SHELTER FORESTS
PUBLIC ENTITY(IES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 33 million
EUR 66 million
Location
Sector(s)
Description
Objectives

The project is to afforest 31,125 ha of barren forest land and abandoned agricultural land, and rehabilitate 245 ha of burned and degraded forest land. The total project area is 31,370 ha and the project areas are located in 15 counties of the Shandong Province. The project is an allocation under the China Climate Change Framework Loan (CCCFL) (2006-0086).

The project objectives are aligned with CCCFL targets of climate change mitigation by sequestering carbon and decreasing CO2 emissions. Adaptation to climate change is addressed by increasing forest areas and their resilience to changing weather conditions. The project thus delivers an important contribution to the Bank's Climate Action objective. The project contributes to the socioeconomic development of the Shandong Province with a focus on remote rural areas and villagers living in poverty.

Environmental aspects
Procurement

The project is to plant over 30 native tree species on bare or abandoned forest lands, and on areas of the Yellow River delta which are subject to salt formation and desertification. The goal is to improve the structure and resilience of degraded forest land and habitats, so as to withstand harsh climatic conditions in Shandong Province, which is classified as a marine disaster-prone province in China. The project advocates environmentally and socially sustainable management and supports related capacity-building.

The Bank will require the promoter to ensure that implementation of the project will 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 Impact Assessment (ESIA) - CCCFL - SHANDONG COASTAL SHELTER FORESTS - Stakeholder Consultation & Social Impact Assessment Report
Publication Date
16 Apr 2016
Document language
Main Topic
Lending
Document Number
60071081
Document Focus
Environmental Information
Project Number
20140644
Countries
Publicly available
Download now
Non-Technical Summary (NTS) - CCCFL - SHANDONG COASTAL SHELTER FORESTS
Publication Date
1 Jul 2015
Document language
Main Topic
Lending
Document Number
60079838
Document Focus
Environmental Information
Project Number
20140644
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - CCCFL - SHANDONG COASTAL SHELTER FORESTS
Publication Date
8 Sep 2015
Document language
Main Topic
Lending
Document Number
61229603
Document Focus
Environmental Information
Project Number
20140644
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - CCCFL - SHANDONG COASTAL SHELTER FORESTS
Publication Date
17 Dec 2020
Document language
Main Topic
Lending
Document Number
135496126
Document Focus
Environmental Information
Project Number
20140644
Countries
Publicly available
Download now

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.

Complaints mechanism

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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