Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

Summary sheet

Release date
30 July 2015
Status
Reference
Approved | 12/04/2016
20150415
Project name
Promoter - financial intermediary
CCCFL - HUBEI 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 and rehabilitate 6,207 ha of degraded forests and abandoned marginal lands in Hubei province in China. The project includes investment in supporting facilities such as nurseries and forest roads. 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 plantations. 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 management of existing forests and establishes new forests on abandoned and degraded lands. All together 16 species including a range of rare native trees are planted. The growing trees will sequester carbon, diversify forest landscape, and protect vulnerable areas against soil erosion. The project will also generate income and employment for local villagers and improve their forest management capacity. The environmental impact assessment (EIA) was completed in January 2015.

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 - HUBEI FORESTRY - Environmental Impact Assessment
Publication Date
24 Feb 2016
Document language
Main Topic
Lending
Document Number
64888127
Document Focus
Environmental Information
Project Number
20150415
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - CCCFL - HUBEI FORESTRY - Social Impact Report
Publication Date
24 Feb 2016
Document language
Main Topic
Lending
Document Number
64890986
Document Focus
Environmental Information
Project Number
20150415
Countries
Publicly available
Download now
Environmental and Social Data Sheet (ESDS) - CCCFL - HUBEI FORESTRY
Publication Date
27 Apr 2016
Document language
Main Topic
Lending
Document Number
66105804
Document Focus
Environmental Information
Project Number
20150415
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.

Related publications