Signature(s)
Amount
€ 22,261,798.74
Countries
Sector(s)
India
: € 22,261,798.74
Agriculture, fisheries, forestry
: € 3,339,269.81
Water, sewerage
: € 3,339,269.81
Energy
: € 15,583,259.12
Signature date(s)
10/05/2019 : € 3,339,269.81
10/05/2019 : € 3,339,269.81
10/05/2019 : € 15,583,259.12
Link to source
Data sheet
Other links
Summary sheet
Release date
10 July 2018
Status
Reference
Signed | 10/05/2019
20180069
Project name
Promoter - financial intermediary
GEF SOUTH ASIA GROWTH FUND II
PRIVATE ENTITY(IES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
USD 25 million (EUR 22 million)
USD 150 million (EUR 133 million)
Location
Sector(s)
- Agriculture, fisheries, forestry - Agriculture, forestry and fishing
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
- Energy - Electricity, gas, steam and air conditioning supply
Description
Objectives
The operation consists of an equity participation in the Global Environment Fund (GEF) South Asia Growth Fund II. GEF is an USD 150m regional fund targeting SMEs that promote energy efficiency, environmental actions and circular economy in agricultural projects, renewable energy and efficient use of water in India and Bangladesh.
The Fund will contribute to promoting a more efficient use of energy and water in India (and possibly neighbouring countries) by investing in SMEs that provide a broad range of environmental products and services.
Environmental aspects
Procurement
The Fund is expected to comply with EIB's environmental and social management standards.
The Fund is expected to comply with EIB's procurement guidelines.
Related documents
Link to source
Summary sheet
Other links
Data sheet
Documents
Environmental and Social Data Sheet (ESDS) - GEF SOUTH ASIA GROWTH FUND II
Publication Date
18 Dec 2018
Document language
Main Topic
Lending
Document Number
85452852
Document Focus
Environmental Information
Document Type
Project Number
20180069
Regions
Countries
Publicly available
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Link to source
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