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    Signature(s)

    Amount (.*)
    € 55,563,279.85
    Countries
    Sector(s)
    Dominican Republic : € 55,563,279.85
    Water, sewerage : € 11,112,655.97
    Urban development : € 11,112,655.97
    Transport : € 33,337,967.91
    Signature date(s)
    23/05/2019 : € 2,200,000
    23/05/2019 : € 2,200,000
    23/05/2019 : € 6,600,000
    10/07/2019 : € 8,912,655.97
    10/07/2019 : € 8,912,655.97
    10/07/2019 : € 26,737,967.91
    (*) Including a € 6,600,000 Investment Grants provided by the CARIBBEAN INVESTMENT FACILITY ,a € 2,200,000 Investment Grants provided by the CARIBBEAN INVESTMENT FACILITY

    Summary sheet

    Release date
    17 May 2018
    Status
    Reference
    Signed | 23/05/2019
    20170112
    Project name
    Promoter - financial intermediary
    POST-DISASTER AND CLIMATE CHANGE RESILIENCE FL
    DIRECCION GENERAL DE COOPERACION MULTILATERAL (DIGECOOM).
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    USD 70 million (EUR 61 million)
    USD 70 million (EUR 61 million)
    Location
    Sector(s)
    Description
    Objectives

    The project consists of a multi-sector framework loan to finance the reconstruction of infrastructure damaged by natural disasters and increase resilience to climate change in the Dominican Republic.

    The project, entitled "Proyecto de soluciones sostenibles, resilientes e inclusivas para mitigar los efectos del cambio climático en las Provincias Monte Cristi, Puerto Plata, Espaillat y Duarte'' in Spanish, will focus on climate/earthquake-resilient infrastructure, particularly on social housing, urban infrastructure (including in some cases basic infrastructure related to health and education), access roads and hydraulic works. The EIB-led assistance will be built on the following principles: (i) A comprehensive and geographically-focused intervention on a maximum of four of the provinces most affected by natural disaster (Monte Cristi, Puerto Plata, Espaillat and Duarte), selected according to criteria of poverty and level of needs; (ii) A focus on climate-change resilience, including in particular a substantial element of risk prevention for future natural disasters (floods, tropical storms, earthquakes), with particular attention for climate risks, including areas of preventive hydraulics, environment, resilient infrastructure and application of anti-seismic standards during the reconstruction process and (iii) Interventions with a strong social impact and poverty reduction will be a priority.

    Environmental aspects
    Procurement

    The investments foreseen by the operation will be subject to environmental screening in line with the requirements of the EU directive (EU Directive 2014/52/EU amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU), to determine the need for an EIA as well as potential impact on natural habitat and protected species. The majority of the investments foreseen are reconstruction, repairs and refurbishment under proper flood-resilient and anti-seismic standards of collapsed and damaged infrastructure in the sectors mentioned above. If roads are to be financed from this operation, they will be constructed within existing rights of way or on new alignments over short sections. Therefore potential negative environmental impacts are likely to be minor. A stakeholder engagement framework and a resettlement policy framework will be prepared in line with EIB Environmental and Social Standards.

    The project will be done in accordance with the Bank's Guide to Procurement. http://www.eib.org/attachments/strategies/procurement_en.pdf

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - POST-DISASTER AND CLIMATE CHANGE RESILIENCE FL
    Publication Date
    8 Nov 2018
    Document language
    Main Topic
    Lending
    Document Number
    84099453
    Document Focus
    Environmental Information
    Project Number
    20170112
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - POST-DISASTER AND CLIMATE CHANGE RESILIENCE FL - Marco de Participación de Partes Interesadas
    Publication Date
    25 Sep 2019
    Document language
    Main Topic
    Lending
    Document Number
    123159954
    Document Focus
    Environmental Information
    Project Number
    20170112
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - POST-DISASTER AND CLIMATE CHANGE RESILIENCE FL - Marco de Política de Reasentamiento
    Publication Date
    25 Sep 2019
    Document language
    Main Topic
    Lending
    Document Number
    123152508
    Document Focus
    Environmental Information
    Project Number
    20170112
    Countries
    Publicly available
    Download now

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