Release date: 30 July 2004
Promoter – Financial Intermediary
National Development Finance Agency (NDFA)
Paul Farrell / Síona Meghen
Treasury Building Grand Canal Street, Dublin 2,
tel: +353 1 664 0800
Location
Description
FL for the following purposes:
- environmental investments, mainly in water supply and treatment and possibly solid waste;
- the protection and improvement of the urban environment, including the renovation and upgrading of buildings of community interest, within the context of overall urban renewal strategies;
- the development of tourism infrastructure.
Environmental projects will account for at least 70% of allocations.
Objectives
Many investments are driven be the requirement to meet EU environmental directives. Other projects, like those relating to the urban environment, will form part of the EU’s wider urban renewal strategies which complement employment and local economic development programmes.
Comments
Public sector.
Sector(s)
Proposed EIB finance (Approximate amount)
EUR 150m.
Total cost (Approximate amount)
EUR 300m.
Environmental aspects
Projects are to conform with the Environmental Laws of the EU and the laws of Ireland. The requirement for an environmental impact assessment is determined at the planning stage of the project by the respective Council. Environmental issues will be reviewed prior to allocation under the FL.
Procurement
Councils are required to respect national & European legislation applicable to public authorities procurement and should fully comply with EU Directive 93/98 EC and its amendment.
Status
Signed - 13/06/2005