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    Signature(s)

    Amount
    € 200,000,000
    Countries
    Sector(s)
    Belgium : € 200,000,000
    Services : € 2,000,000
    Industry : € 2,640,000
    Transport : € 4,000,000
    Water, sewerage : € 13,440,000
    Solid waste : € 13,440,000
    Energy : € 14,000,000
    Urban development : € 150,480,000
    Signature date(s)
    5/07/2017 : € 1,000,000
    5/12/2016 : € 1,000,000
    5/07/2017 : € 1,320,000
    5/12/2016 : € 1,320,000
    5/07/2017 : € 2,000,000
    5/12/2016 : € 2,000,000
    5/07/2017 : € 6,720,000
    5/07/2017 : € 6,720,000
    5/12/2016 : € 6,720,000
    5/12/2016 : € 6,720,000
    5/07/2017 : € 7,000,000
    5/12/2016 : € 7,000,000
    5/07/2017 : € 75,240,000
    5/12/2016 : € 75,240,000

    Summary sheet

    Release date
    21 September 2016
    Status
    Reference
    Signed | 08/12/2016
    20150899
    Project name
    Promoter - financial intermediary
    BELFIUS SMART CITIES CLIMATE & CIRCULAR ECONOMY
    PUBLIC ENTITY(IES), PRIVATE ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 200 million
    EUR 400 million
    Description
    Objectives

    Framework loan to co-finance a multi-scheme operation in Belgium. The operation includes urban development and renewal, urban infrastructure, energy (renewable energy and energy efficiency), sustainable mobility, water and solid waste schemes. The project will be carried out by local and regional authorities, municipal and regional enterprises and private promoters over the period 2016-2021.

    This operation supports investments that may be labelled "Smart Cities", a concept co-designed by EIB and Belfius that covers integrated projects combining several dimensions at the same time, such as energy efficiency, sustainable mobility, urban regeneration or circular economy schemes.

    Environmental aspects
    Procurement

    The project comprises a multi-scheme operation classified as a framework loan and some of the schemes may fall under Annex I or Annex II of the Environmental Impact Assessment (EIA) Directive 2011/92/EU. Should any scheme have a negative impact on an area forming part of the Natura 2000 network (falling under the Habitats Directive 92/43/EEC or Birds Directive 79/409/EEC), the Bank would require the promoter to act according to the provisions of the aforementioned directives as transposed into national law. All schemes are required to be implemented in compliance with EU environmental legislation.

    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 (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.

    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 Data Sheet (ESDS) - BELFIUS SMART CITIES CLIMATE & CIRCULAR ECONOMY
    Publication Date
    22 Nov 2016
    Document language
    Main Topic
    Lending
    Document Number
    65076731
    Document Focus
    Environmental Information
    Project Number
    20150899
    Regions
    Countries
    Publicly available
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