Search En menu en ClientConnect
Search
Results
Top 5 search results See all results Advanced search
Top searches
Most visited pages

    Summary sheet

    Release date
    12 June 2020
    Status
    Reference
    Approved | 15/07/2020
    20190699
    Project name
    Promoter - financial intermediary
    POST DISASTER RECONSTRUCTION & PREVENTION SPAIN
    COMUNIDAD VALENCIANA,PUBLIC ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million
    EUR 643 million
    Location
    Sector(s)
    Description
    Objectives

    The project supports schemes for reconstruction of public infrastructure damaged by the extreme weather events in the Mediterranean coastal regions of Spain between September 2019 and December 2021. Investments will mainly involve restoration of roads, social infrastructure (hospitals and education facilities), agricultural related infrastructure (such as forest roads, irrigation canals and drainage), water supply, rainwater and wastewater collection, and other urban infrastructure. It also includes new measures to protect the restored infrastructure from future climate related events (e.g. by incorporating build back better).

    The investment programme aims at restoring and improving the population's living conditions, reducing the vulnerability of the affected population and its economic assets, as well as protecting from future climate related events.

    Environmental aspects
    Procurement

    The project promoters have to comply with national legislation that transposed Directive 2014/52/EU amending the Environmental Impact Assessment (EIA) Directive 2011/92/EU into the national environmental legislation. The Bank's appraisal will focus on the Promoters' environmental management capacity in applying the EU Strategic Environmental Assessment (SEA) Directive 2001/42/EC and Directive 2014/52/EU amending the EIA Directive 2011/92/EU, as relevant. All relevant key documents for the project will be published in line with the EIB's disclosure policy. Some of the schemes may eventually fall under Annex I or Annex II of the EIA Directive. All schemes must be implemented in compliance with the EU environmental legislation. The applicability of Directive 2014/52/EU amending the EIA Directive 2011/92/EU, the Habitats Directive 92/43/EEC and the Birds Directive 2009/147/EC will be reviewed at appraisal and during the allocation phase. Some schemes might concern the refurbishment of existing public buildings. The EIB will assess the Promoters' compliance with the Energy Performance of Buildings Directive (2010/31/EU) at appraisal and during the allocation phase, as applicable. Some schemes might include the rehabilitation or construction of water distribution, wastewater treatment infrastructure or of other water infrastructure. The Bank will assess the Promoter's compliance with the Water Framework Directive (WFD) 2000/60/EC at appraisal and during the allocation phase and will require the promoter that any investments in water and waste comply with amongst others the Water Framework Directive 2000/60/EC, the Urban Waste Water Treatment Directive 91/271/EEC and the Waste Framework Directive 2018/851/EC, and their contribution to resource efficiency from recycling

    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, mainly Directive 2014/24/EU as well as Directive 92/13/EEC or Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    Related projects

    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) - POST DISASTER RECONSTRUCTION & PREVENTION SPAIN
    Publication Date
    23 Jul 2020
    Document language
    Main Topic
    Lending
    Document Number
    130364468
    Document Focus
    Environmental Information
    Project Number
    20190699
    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.

    Related publications