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    Reference: 20220249
    Release date: 13 April 2022

    Promoter – Financial Intermediary




    Programme Loan aimed to finance investments in EU Member States incurred in relation to the Ukrainian crisis.


    The Operation aims to finance urban and regional investments in EU Member States in response to the Ukrainian conflict and in particular to provide adequate infrastructure to accommodate the large number of refugees, predominantly women, children and elderly persons, fleeing the country. The Operation is expected to contribute to new construction, refurbishment and extension of infrastructures, thereby increasing the capacity of cities and regions to adequately respond to the needs of refugees and hosting communities.


    Proposed EIB finance (Approximate amount)

    EUR 4000 million

    Total cost (Approximate amount)

    EUR 5330 million

    Environmental aspects

    Compliance with the relevant EU Directives will be verified during individual appraisal of the underlying sub-operations: EU EIA Directive 2011/92/EU amended by 2014/52/EU, EU SEA Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 2009/147/EC. The status of any environmental studies and public consultations related to the investments as well as the alignment of energy efficiency requirements with the EU Directive on the Energy Performance of Buildings 2010/31/EU will be further assessed during project appraisal.


    The Bank will require the Promoters to ensure that contracts for the implementation of the project have been and will be tendered in accordance with the relevant applicable EU procurement legislation, Directives 2014/23/EU and 2014/24/EU, where applicable, as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the Official Journal of the EU, as and where required.


    Approved - 18/05/2022


    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).

    Related tags

    EU Countries Urban development