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    Signature(s)

    Amount
    € 110,000,000
    Countries
    Sector(s)
    France : € 110,000,000
    Education : € 110,000,000
    Signature date(s)
    27/11/2024 : € 110,000,000

    Summary sheet

    Release date
    24 September 2024
    Status
    Reference
    Signed | 27/11/2024
    20240417
    Project name
    Promoter - financial intermediary
    DEPARTEMENT CALVADOS-PLAN BAS CARBONE EDUCATION
    DEPARTEMENT DU CALVADOS
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 110 million
    EUR 220 million
    Location
    Sector(s)
    Description
    Objectives

    The loan will finance the multiannual investment programme of the Department of Calvados (Fr) under its Low Carbon Strategic Programme involving the new construction, reconstruction, extension and renovation of secondary schools, public buildings used by students as well as the related administrative buildings.

    The aim is to provide good quality education, by adapting the secondary school facilities to the changes in the local demand. The project will also strengthen the resilience of school infrastructure to the risks of climate change and improve energy efficiency.

    Additionality and Impact

    The new and upgraded infrastructure financed by the EIB will accelerate the modernisation of teaching and learning environments in terms of pedagogical adaptation, energy efficiency, quality, health and safety, thereby improving the provision of secondary education. By supporting activities in the field of education, the project will promote positive externalities, including inclusive economic growth and increased productivity, as well as climate and environmental externalities.


    Environmental aspects
    Procurement

    Directive 2011/92/EU amended by 2014/52/EU on Environmental Impact Assessment (EIA) does not specifically cover educational activities, leaving it at the discretion of the responsible competent authorities to request an EIA on the basis of the location and scale of the works concerned. However, educational facilities may fall under Annex II of the Directive with respect to urban development. The project will include new buildings and renovations, which will comply with the 2010/31/EU Directive on the energy performance of buildings and Directive 2012/27/EU on energy efficiency. The EIB will verify during appraisal whether the competent authority requires an EIA. The project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate mitigation and climate adaptation.

    The promoter has to ensure that contracts for implementation of the project have been and will be tendered in accordance with the applicable EU procurement legislation, 2014/24/EU as well as Directive 89/665/EEC as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required. At this stage some contracts (studies) might already have been signed but this will be verified during the appraisal.

    Milestone
    Under appraisal
    Approved
    Signed
    22 October 2024
    27 November 2024

    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) - DEPARTEMENT CALVADOS-PLAN BAS CARBONE EDUCATION
    Publication Date
    25 Oct 2024
    Document language
    Main Topic
    Lending
    Document Number
    227479617
    Document Focus
    Environmental Information
    Project Number
    20240417
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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