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    Signature(s)

    Amount
    € 90,000,000
    Countries
    Sector(s)
    Belarus : € 90,000,000
    Urban development : € 27,360,000
    Energy : € 62,640,000
    Signature date(s)
    22/11/2019 : € 27,360,000
    22/11/2019 : € 62,640,000

    Summary sheet

    Release date
    20 February 2019
    Status
    Reference
    Signed | 22/11/2019
    20180013
    Project name
    Promoter - financial intermediary
    BELARUS SUSTAINABLE ENERGY SCALE-UP
    STATE COMMITTEE FOR STANDARDIZATION
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 90 million
    EUR 180 million
    Location
    Sector(s)
    Description
    Objectives

    The project consists of investment in biomass-based heat generators, district heating grid modernisation and thermal renovation of multi apartment buildings.

    Scale up renewable wood biomass utilisation and efficient energy use in space heating of multi-apartment buildings in selected urban localities in Belarus.

    Environmental aspects
    Procurement

    All project's components are expected to be operated and implemented in conformity with applicable national and EU environmental legislations. The project is not expected to have a significant negative impact on the environment. Some project components may be subject to the Environmental and Social Impact Assessment (ESIA). The project will be implemented in line with EIB environmental standards.

    All project contracts will be co-financed by EIB and the World Bank. Both IFIs agreed that the World Bank will carry out the supervision of procurement operations on behalf of the two institutions in accordance with Principles of Collaboration signed by both parties.

    Under ELM Guarantee

    This operation is covered by the ELM Guarantee.

    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) - BELARUS SUSTAINABLE ENERGY SCALE-UP
    Publication Date
    3 May 2019
    Document language
    Main Topic
    Lending
    Document Number
    88779203
    Document Focus
    Environmental Information
    Project Number
    20180013
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

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    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.
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    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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