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

    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    China : € 300,000,000
    Transport : € 60,000,000
    Water, sewerage : € 90,000,000
    Energy : € 150,000,000
    Signature date(s)
    29/12/2017 : € 60,000,000
    29/12/2017 : € 90,000,000
    29/12/2017 : € 150,000,000
    Link to source

    Summary sheet

    Release date
    21 September 2017
    Status
    Reference
    Signed | 29/12/2017
    20160499
    Project name
    Promoter - financial intermediary
    CHINA CLIMATE EXIMBANK FRAMEWORK LOAN
    PRIVATE ENTITY(IES), PUBLIC ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million
    EUR 1000 million
    Location
    Sector(s)
    • Transport - Transportation and storage
    • Water, sewerage - Water supply; sewerage, waste management and remediation activities
    • Energy - Electricity, gas, steam and air conditioning supply
    Description
    Objectives

    The proposed framework loan aims to finance diverse sizes of sub-projects eligible under the Bank's own-risk, Climate Action and Environment Facility (CAEF), with a strong focus on climate change mitigation and adaptation. This operation would be a sovereign loan, which will be on-lent by China's main policy bank, Eximbank, as a financial intermediary, to sub-projects in 2017-2020.

    The proposed operation contributes to the EU priorities and country development objectives under the EU-China 2020 Strategic Agenda for Cooperation and the EU-China Partnership on Climate Change 2015, in particular regarding enhancing the EU-China's strategic and partnership cooperation on climate change and environmental protection.

    Environmental aspects
    Procurement

    The Bank will require the promoters to ensure that implementation of the project will be done in accordance with the Bank's Social and Environmental standards and policies.

    The Bank will require the promoters to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    Comments

    The EIB is expected to provide significant added value to the growth of the financial intermediary's portfolio related to climate change mitigation and adaptation, sustainable water use and environmental protection.

    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) - CHINA CLIMATE EXIMBANK FRAMEWORK LOAN
    Publication Date
    15 Jan 2018
    Document language
    Main Topic
    Lending
    Document Number
    77455396
    Document Focus
    Environmental Information
    Project Number
    20160499
    Countries
    Publicly available
    Download now

    News & Stories

    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