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Summary sheet

Release date
14 May 2020
Status
Reference
Approved | 26/06/2020
20200279
Project name
Promoter - financial intermediary
CSEE PUBLIC SECTOR COVID-19 RESPONSE
PUBLIC ENTITY(IES)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 519 million
EUR 2000 million
Location
Sector(s)
  • Health - Human health and social work activities
Description
Objectives

The programme loan will support public sector counterparties in containing the effects of the COVID-19 pandemic with health emergency response and preparedness interventions.

The programme includes financing of medical equipment, medical supplies and related logistic for the short term response, whilst WHO or national authorities maintain pandemic or health emergency status for COVID-19, as well as the strengthening of medical health system (dedicated equipment and infrastructure) in the immediate aftermath. The main objectives are: (i) to contribute in a timely manner to the national medical emergency response to the COVID-19 pandemic, (ii) to contribute to the pandemic medium term response and, thereby to contribute to preserving the financial and operational viability of the public health care system in the respective countries.

Environmental aspects
Procurement

The project concerns interventions that are expected to be carried out in the promoter's existing facilities already authorised for the same purpose and would therefore not require an Environmental Impact Assessment (EIA) under the Directive 2014/52/EU amending the EIA Directive 2011/92/EU. However, in case the Promoter is notified by one of the competent environmental authorities that one of the components constituting the project should require an EIA or equivalent, a copy of such EIA needs to be sent to the EIB once established.

The Bank will require the Promoter 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: Directive 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.

Comments

The due-diligence of the underlying projects will follow the Bank's standard procedures.

Link to source

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) - CSEE PUBLIC SECTOR COVID-19 RESPONSE
Publication Date
28 Aug 2020
Document language
Main Topic
Lending
Document Number
130356697
Document Focus
Environmental Information
Project Number
20200279
Sector(s)
Regions
Publicly available
Download now

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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