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    Signature(s)

    Amount
    € 5,000,000
    Sector(s)
    Water, sewerage : € 249,975
    Solid waste : € 500,025
    Urban development : € 750,000
    Transport : € 1,750,000
    Industry : € 1,750,000
    Signature date(s)
    23/12/2021 : € 249,975
    23/12/2021 : € 500,025
    23/12/2021 : € 750,000
    23/12/2021 : € 1,750,000
    23/12/2021 : € 1,750,000

    Summary sheet

    Release date
    15 July 2021
    Status
    Reference
    Signed | 23/12/2021
    20200800
    Project name
    Promoter - financial intermediary
    THE URBAN RESILIENCE FUND (TURF) B LCFP
    MERIDIAM GP SAS,MERIDIAM SAS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 8 million
    EUR 350 million
    Location
    Sector(s)
    Description
    Objectives

    Layered fund developing and investing in sustainable and resilient urban infrastructure. The investment is made under the Luxembourg-EIB Climate Finance Platform.

    Develop and invest in greenfield essential infrastructure that responds to the critical needs of growing cities in non-OECD countries, as part of identified city resilience plans.

    Environmental aspects
    Procurement

    The fund's operational guidelines are expected to provide for environmental and social due diligences of all projects according to guidelines acceptable to the EIB.

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

    Comments

    This operation will be done under the Luxembourg EIB Climate Finance Platform ("LCFP") and is expected to have a significant climate action component in line with the objectives of this mandate.

    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 Data Sheet (ESDS) - THE URBAN RESILIENCE FUND (TURF) B LCFP
    Publication Date
    2 Sep 2021
    Document language
    Main Topic
    Lending
    Document Number
    142348764
    Document Focus
    Environmental Information
    Project Number
    20200800
    Countries
    Publicly available
    Download now

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