Signature(s)
Amount
€ 100,000,000
Countries
Sector(s)
France
: € 100,000,000
Credit lines
: € 100,000,000
Signature date(s)
20/03/2020 : € 100,000,000
Link to source
Data sheet
Other links
Summary sheet
Release date
11 November 2019
Status
Reference
Signed | 20/03/2020
20190633
Project name
Promoter - financial intermediary
BFCM JEUNES AGRICULTEURS & ACTION CLIMATIQUE
BANQUE FEDERATIVE DU CREDIT MUTUEL
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 100 million
not applicable
Location
Sector(s)
- Credit lines - Credit lines
Description
Objectives
The operation aims at supporting young farmers (below 41 years old - at least 30%) and their access to longer-term financing in France for their investments in agriculture and bio-economy sector with at least a 50% contribution to climate action.
Financing of small/medium projects carried out by small and medium-sized enterprises (SMEs) and mid-caps in the agriculture and bio-economy sector mainly in France with at least a 50% contribution to climate action.
Environmental aspects
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Related projects
Link to source
Summary sheet
Other links
Data sheet