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    Signature(s)

    Amount
    € 22,261,798.74
    Countries
    Sector(s)
    India : € 22,261,798.74
    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

    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)
    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.

    Link to source
    Other links

    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) - GEF SOUTH ASIA GROWTH FUND II
    Publication Date
    18 Dec 2018
    Document language
    Main Topic
    Lending
    Document Number
    85452852
    Document Focus
    Environmental Information
    Project Number
    20180069
    Countries
    Publicly available
    Download now

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