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Summary sheet

Release date
30 July 2015
Status
Reference
Approved | 02/02/2016
20150414
Project name
Promoter - financial intermediary
CCCFL - GUIZHOU FORESTRY
PUBLIC ENTITY(IES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 25 million
EUR 50 million
Location
Sector(s)
Description
Objectives

The project is to afforest 4,800 ha of abandoned agricultural land and to rehabilitate 9,600 ha of degraded forest land so as to establish ecological barriers in the environmentally vulnerable catchment areas of the Yangtze and Pearl Rivers in Guizhou Province, China. The total project area is 14,400 ha. The project is an allocation under the China Climate Change Framework Loan (2006-0086).

The project promotes sequestration of carbon through biological growth of sustainably managed forests. Climate adaptation is addressed by increasing forest cover and building forest root systems that stabilise soil and increase soil water-retention capacity in vulnerable areas so as to combat landslides and soil erosion.

Environmental aspects
Procurement

The project improves environmental sustainability of the catchment areas of the Yangtze and Pearl Rivers through planting new forests on abandoned marginal land (4,800 ha) and rehabilitating degraded forest land (9,600 ha) in Guizhou Province, China. The project imposes environmentally and socially sustainable forest management and supports related capacity building. It is expected to generate income and employment for rural people and reduce pressure for rural emigration. The environmental impact assessment (EIA) was completed in December 2014.

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 GUIZHOU FORESTRY - EIA Report
Publication Date
5 Mar 2016
Document language
Main Topic
Lending
Document Number
63211927
Document Focus
Environmental Information
Project Number
20150414
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - CCCFL GUIZHOU FORESTRY - Social Impact Assessment Report
Publication Date
5 Mar 2016
Document language
Main Topic
Lending
Document Number
63212351
Document Focus
Environmental Information
Project Number
20150414
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - CCCFL - GUIZHOU FORESTRY
Publication Date
20 Feb 2016
Document language
Main Topic
Lending
Document Number
64845809
Document Focus
Environmental Information
Project Number
20150414
Countries
Publicly available
Download now
Environmental and Social Completion Sheet (ESCS) - CCCFL - GUIZHOU FORESTRY
Publication Date
27 Jul 2023
Document language
Main Topic
Lending
Document Number
168823233
Document Focus
Environmental Information
Project Number
20150414
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.

Media enquiries

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 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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