Signature(s)
Summary sheet
- Credit lines - Credit lines
The pan European facility will support projects carried out by small and medium sized enterprises (SMEs) and Midcaps in several EU countries, with partial dedication to Climate Action and Environmental Sustainability.
The aim is to enable the intermediary to fund investment projects in the agricultural sector carried out SMEs across EU and enhance access to financing for SMEs, fostering economic growth, innovation, and job creation. Up to 30% of the scheme will be dedicated to supporting SMEs in implementing green investments to enhance their environmental performance.
The proposed operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Borrower / Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.