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    Signature(s)

    Amount
    € 264,743,478.3
    Countries
    Sector(s)
    Poland : € 264,743,478.3
    Urban development : € 264,743,478.3
    Signature date(s)
    3/11/2022 : € 42,471,862.39
    10/11/2020 : € 222,271,615.91
    Link to source

    Summary sheet

    Release date
    18 December 2019
    Status
    Reference
    Signed | 10/11/2020
    20190286
    Project name
    Promoter - financial intermediary
    WARSAW SUSTAINABLE DEVELOPMENT
    MIASTO STOLECZNE WARSZAWA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    PLN 1200 million (EUR 283 million)
    PLN 2630 million (EUR 620 million)
    Location
    Sector(s)
    Description
    Objectives

    Framework loan to co-finance eligible schemes in the City of Warsaw, grouped in the following sectors: education, culture, transport, public buildings, social housing social inclusion, natural based solution infrastructure, sport and recreation as well as other urban infrastructure. Some of the schemes may benefit from EU grant financing.

    The proposed municipal framework loan will support eligible schemes coherent with the City of Warsaw development strategy. It will contribute to the modernisation of municipal public infrastructure and services.

    Environmental aspects
    Procurement

    The Bank will generally allocate its funds only to eligible schemes which are environmentally sound. All schemes must comply with EU environmental legislation as well as comply with the principles and standards of the Bank's Environmental Policy Statement.

    The promoter is subject to the public procurement regime. The Bank will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation: Directive 2014/24/EU, Directive 2014/25/EU, as well as Directive 92/13/EEC and 89/665/EEC as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the European Union (OJEU), as and where required.

    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) - WARSAW SUSTAINABLE DEVELOPMENT
    Publication Date
    17 Mar 2020
    Document language
    Main Topic
    Lending
    Document Number
    123268620
    Document Focus
    Environmental Information
    Project Number
    20190286
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

    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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