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    Summary sheet

    Release date
    22 May 2015
    Status
    Reference
    Approved | 24/07/2015
    20140642
    Project name
    Promoter - financial intermediary
    CCCFL - SHANXI YELLOW RIVER BASIN FORESTS
    PUBLIC ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 25 million
    EUR 50 million
    Location
    Sector(s)
    Description
    Objectives

    The project establishes 19,140 hectares of new forests on environmentally vulnerable barren hills, eroded slopes and abandoned agricultural lands in the upper reaches of the Yellow River basin in Shanxi province in China. The project is an allocation under the China Climate Change Framework Loan (CCCFL, 2006-0086).

    The project objectives are aligned with CCCFL climate change mitigation targets by sequestering carbon and decreasing CO2 emissions. Adaptation to climate change is addressed by increasing forest area and enhancing resilience to changing weather conditions. The project thus delivers an important contribution to the Bank's Climate Action objective. The project contributes to the socioeconomic development of the Shanxi province with a focus on remote rural areas and villagers living in poverty.

    Environmental aspects
    Procurement

    The project is to establish new shelter forests on abandoned and low-yielding lands so as to protect ecologically fragile degraded habitats, strengthening the resilience of local ecosystems to severe weather events and protecting against soil erosion. In addition to the soil and habitat protection, the project will supply forest fruits and timber. At least 12 different native species will be planted. The project advocates environmentally and socially sustainable management and supports related capacity building.

    The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    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 Impact Assessment (ESIA) - CCCFL - SHANXI YELLOW RIVER BASIN FORESTS - Social Impact Assessment Report
    Publication Date
    16 Apr 2016
    Document language
    Main Topic
    Lending
    Document Number
    60072315
    Document Focus
    Environmental Information
    Project Number
    20140642
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - CCCFL - SHANXI YELLOW RIVER BASIN FORESTS - EIA
    Publication Date
    5 Mar 2016
    Document language
    Main Topic
    Lending
    Document Number
    60072316
    Document Focus
    Environmental Information
    Project Number
    20140642
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - CCCFL - SHANXI YELLOW RIVER BASIN FORESTS
    Publication Date
    8 Sep 2015
    Document language
    Main Topic
    Lending
    Document Number
    61229601
    Document Focus
    Environmental Information
    Project Number
    20140642
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - CCCFL - SHANXI YELLOW RIVER BASIN FORESTS
    Publication Date
    15 Dec 2022
    Document language
    Main Topic
    Lending
    Document Number
    164949059
    Document Focus
    Environmental Information
    Project Number
    20140642
    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.
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    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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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