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    Summary sheet

    Release date
    13 April 2022
    Status
    Reference
    Under appraisal | 05/04/2022
    20220249
    Project name
    Promoter - financial intermediary
    UKRAINE SOLIDARITY PACKAGE - PROGRAMME EU MS
    ACCEPTABLE CORPORATE(S),PUBLIC ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 4000 million
    EUR 5330 million
    Location
    Sector(s)
    Description
    Objectives

    Programme Loan aimed to finance investments in EU Member States incurred in relation to the Ukrainian crisis.

    The Operation aims to finance urban and regional investments in EU Member States in response to the Ukrainian conflict and in particular to provide adequate infrastructure to accommodate the large number of refugees, predominantly women, children and elderly persons, fleeing the country. The Operation is expected to contribute to new construction, refurbishment and extension of infrastructures, thereby increasing the capacity of cities and regions to adequately respond to the needs of refugees and hosting communities.

    Environmental aspects
    Procurement

    Compliance with the relevant EU Directives will be verified during individual appraisal of the underlying sub-operations: EU EIA Directive 2011/92/EU amended by 2014/52/EU, EU SEA Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 2009/147/EC. The status of any environmental studies and public consultations related to the investments as well as the alignment of energy efficiency requirements with the EU Directive on the Energy Performance of Buildings 2010/31/EU will be further assessed during project appraisal.

    The Bank will require the Promoters to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation, Directives 2014/23/EU and 2014/24/EU, where applicable, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with 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).

    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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    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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