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
7 September 2017
Status
Reference
Approved | 27/10/2017
20160280
Project name
Promoter - financial intermediary
SHAANXI FORESTRY (FL 20090490)
PUBLIC ENTITY(IES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 50 million
EUR 100 million
Location
Sector(s)
Description
Objectives

The project afforests 3,105 ha of bare or degraded lands and rehabilitates 4,425 ha of existing low quality forests. The total project area is 7,530 ha. The project also upgrades 83 km of forest roads and builds two fire watch towers.

The project supports improved carbon sequestration and storage through afforestation of degraded lands and rehabilitation of existing low quality forest lands. Climate adaptation is addressed by increasing ecosystems' resilience to drought, soil erosion, landslides and flooding. This is achieved through improved forest cover with different types of forested habitats and mixed afforestation models using tree and shrub species adapted to local climatic conditions.

Environmental aspects
Procurement

The project activities improve the quality of environment in the erosion prone and polluted region of Shaanxi. An independent Environmental Impact Assessment (EIA) of the project was completed in January 2017 and the EIA report has been submitted to the Hancheng Municipal Environmental Authority for approval. The promoter shall submit to the Bank the approval document (corresponding to the project's environmental permit) prior to the first loan disbursement.

Where appropriate, the procurement shall comply with EU and Chinese national rules for open international bidding. The Bank will require the promoter to ensure that the project is implemented 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 Data Sheet (ESDS) - SHAANXI FORESTRY (FL 20090490)
Publication Date
18 Mar 2020
Document language
Main Topic
Lending
Document Number
76928394
Document Focus
Environmental Information
Project Number
20160280
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.

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