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    Reference: 20200632
    Release date: 4 December 2020

    Promoter – Financial Intermediary

    SAINT LUCIA

    Location

    Description

    The project consists of the financing of certain interventions aimed at strengthening the emergency response against the COVID-19 crisis, as well as financing of pandemic preparedness medium-term interventions included in the GOSL "2019-Novel Coronavirus Preparedness and Response Plan."

    Objectives

    The objective of the operation is to help the Government of Saint Lucia meet emergency needs in the health sector related to the COVID-19 pandemic in line with the national response and intervention plans. The project is key: first, to save human lives and second, to prepare the system for a further escalation and spread of the COVID-19 pandemic in the country, which is already occurring.

    Comments

    The project will contribute towards the achievement of Sustainable Development Goals (SDGs), in particular SDG 3 (Good Health and Well-Being), SDG 5 (Gender Equality) and SDG1 (No Poverty), to which both the EU and the EIB are fully committed.

    Sector(s)

    • Health - Human health and social work activities

    Proposed EIB finance (Approximate amount)

    EUR 14 million

    Total cost (Approximate amount)

    EUR 15 million

    Environmental aspects

    The Bank will require the Promoter to ensure that the implementation of the project will be done in accordance with the Bank's Environmental and Social principles and standards.

    Procurement

    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.

    Status

    Approved - 16/12/2020

    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

    Saint Lucia Health