Summary sheet
The operation consists of an intermediated framework loan through Peru's development bank to partly finance climate action investment projects, mainly in the sustainable energy sector, across the country.
The project will contribute to increasing local energy security and sustainable economic growth in Peru, by promoting renewable energy and energy efficiency, thereby reducing CO2 emissions.
The operation will provide environmental benefits by supporting investments that increase the use of renewable energy and/or energy efficiency technologies, and thus, help mitigating climate change.
The promoters of the sub-projects to be financed under the framework loan will be required that procurement of goods, works and services is carried out in accordance to EIB's Guide to Procurement.
This operation is covered by the ELM Guarantee.