Reference: 20130156
Release date: 27 June 2013

Promoter – Financial Intermediary

KAZAGRO NATIONAL MANAGEMENT HOLDING JSC

Location

Description

A dedicated EIB loan to finance climate change projects in the agri-food sector in Kazakhstan, promoted by rural micro, small and medium enterprises (MSMEs), SMEs and mid-caps.

Objectives

The loan will focus on financing projects contributing to climate change adaptation, such as resource efficiency (e.g. water efficiency, irrigation), protection of soil erosion schemes (buffer zones, river bank fencing), improved logistics and grain elevators, afforestation of degraded land, and possibly climate mitigation (e.g. biomass energy projects).

Comments

This operation is covered by the EU Guarantee for EIB loans outside the EU.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 100 million

Total cost (Approximate amount)

not applicable

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Signed - 21/07/2017

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).

Related tags

Kazakhstan Credit lines