Bancomext Environmental Sustainability

Promoter – Financial Intermediary

Banco Nacional de Comercio Exterior

Location

• Mexico

Description

The credit line will finance small and medium-sized projects from private and public sectors related to (1) environmental protection and sustainable development and (2) common interest to the EU and Mexico.

Objectives

Contributing to i) environmental protection, ii) support the EU policy and strategy on Climate Change, iii) allow the transfer of European technology and know-how.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

Up to € 50 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

All sub-projects financed under the proposed credit line will be required to comply with the relevant national legal framework, to be acceptable in environmental terms to EIB’s requirements.

Procurement

EIB procurement guidelines for credit lines will be applied.

Status

Signed - 4/03/2008