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    Summary sheet

    Release date
    18 September 2017
    Status
    Reference
    Approved | 14/11/2017
    20170256
    Project name
    Promoter - financial intermediary
    PL FOR CLIMATE ACTION ITALY
    ACCEPTABLE BANK(S)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 80 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    EIB Programme to support sub-operations which contribute to the Bank's climate action objective, carried out mainly in Italy. Sub-operations will be Multiple Beneficiary Intermediated Loans for the financing of projects promoted by small and medium-sized enterprises (SMEs) and Mid-caps, other private enterprises, public and local authorities, residential homeowners and homeowners associations.

    Financing of small/medium projects (including Energy Efficiency, Renewable Energy, and other climate change mitigation and adaptation investments) carried out by SMEs and Mid-caps, other private enterprises, public and local authorities, residential homeowners and homeowners associations.

    Environmental aspects
    Procurement

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

    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).

    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.

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