Release date: 4 December 2020
Promoter – Financial Intermediary
SAINT LUCIALocation
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
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
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
Signed - 20/09/2022
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).