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    Signature(s)

    Amount
    € 20,000,000
    Countries
    Sector(s)
    Estonia : € 20,000,000
    Urban development : € 1,600,000
    Education : € 18,400,000
    Signature date(s)
    5/04/2019 : € 1,600,000
    5/04/2019 : € 18,400,000

    Summary sheet

    Release date
    23 August 2018
    Status
    Reference
    Signed | 05/04/2019
    20180163
    Project name
    Promoter - financial intermediary
    TARTU EDUCATION AND URBAN INFRASTRUCTURE
    CITY OF TARTU
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 20 million
    EUR 46 million
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the financing of multi-sectoral investment schemes forming part of the Estonian city of Tartu's 2018-2022 five-year investment programme.

    A preliminary list of schemes has been made available to the Bank and the project is expected to comprise small to medium-sized schemes in the fields of municipal infrastructure, education and sport, social and health infrastructure, and cultural heritage. These schemes will benefit the city of Tartu.

    Environmental aspects
    Procurement

    Estonia, as an EU member State, has harmonised its environmental legislation in line with the relevant EU Directives 2011/92/EU and2001/42/EC. The Bank's appraisal will focus on the promoter's environmental management capacity to properly apply the Strategic Environmental Assessment (SEA) Directive 2001/42/EC, the Environmental Impact Assessment (EIA) Directive 2011/92/EU as amended, as well as the requirements of the Habitats and Birds Directives, where appropriate. Compliance with the EU Directive on the Energy Performance of Buildings (EU Directive 2002/91/EC) and its recast (2010/31/EU) will be further examined during the appraisal.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC, or 2014/24/EU where applicable, and/or 2004/17/EC, or 2014/25/EU where applicable, and/or 2014/23/EU where applicable, as well as Directives 89/665/EEC and 92/13/EEC), as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the EU, as and where required.

    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 Impact Assessment (ESIA) - TARTU EDUCATION AND URBAN INFRASTRUCTURE - Tartu linna üldplaneering (In Estonian)
    Publication Date
    15 Oct 2018
    Document language
    Main Topic
    Lending
    Document Number
    87543649
    Document Focus
    Environmental Information
    Project Number
    20180163
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - TARTU EDUCATION AND URBAN INFRASTRUCTURE
    Publication Date
    18 Dec 2018
    Document language
    Main Topic
    Lending
    Document Number
    86649041
    Document Focus
    Environmental Information
    Project Number
    20180163
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

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    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.

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    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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