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- Services - Activités financières et d'assurance
Debt fund focusing on small scale energy efficiency and renewable energy investments either directly or via local financial institutions.
The Fund's promotion of energy efficiency and renewable energy will support the EU's climate change and environmental policy objectives. In addition, the Fund will contribute to the economic and social development of the regions in which it invests, by providing resources to support final beneficiaries for investments in the fields of energy and environmental protection.
The operation will bring about environmental benefits by supporting projects that help mitigate climate change. The individual schemes to be financed are likely to be small and are expected to have limited negative environmental impacts. The Fund has set up an Environmental and Social Management System that is consistent with EIB environmental and social principles and standards.
For EIB eligible investments, the Fund Manager shall assess conformity of procurement procedures with the Bank's Guide to Procurement.