RENEWABLE ENERGY RISK SHARING FRANCE

Co-financing of renewable energy projects in France, especially in onshore wind, solar photovoltaics (PV), geothermal, biomass and small hydropower

The project aims to contribute to renewable energy targets in France and the EU.

This operation is intended to generate environmental benefits by supporting projects that help mitigate climate change. Due to their technical characteristics, some of the individual projects to be proposed for allocation are likely to fall under Annex II of the EIA Directive, leaving it to the national competent authority to determine according to Annex III of the said directive whether an environmental impact assessment is required. The Bank will assess the capacity and procedures of the financial intermediaries (FIs) to be selected to ensure compliance with national and European environmental and biodiversity regulations as well as their capacity to support the Bank's public disclosure policy, which aims to facilitate=e access by the public to environmentally relevant information.

The Bank will require the FIs to ensure that contracts for the implementation of the projects are tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required