EGYPT GREEN ECONOMY FINANCING FACILITY

Promoteur – Intermédiaire Financier

BANK OF ALEXANDRIA

Lieu

• Égypte

Description

Framework loan to AlexBank under Egypt GEFF (Green Economy Financing Facility) for private sector financing of green economy projects, including energy efficiency, renewable energy and a significant Climate Action component.

Objectifs

The loan will provide financing to the projects undertaken by small, medium and mid-cap enterprises across Egypt to support the development of energy efficiency and small renewable energy projects in the private sector as well as climate change mitigation.

Secteur(s)

• Lignes de crédit - Lignes de crédit

Montant BEI envisagé (montant approximatif)

USD 15 million (EUR 13 million)

Coût total (montant approximatif)

USD 30 million (EUR 26 million)

Aspects environnementaux

The Bank will require the intermediary institution to take all the requisite measures to ensure that the procedures including procurement procedures carried out by the final beneficiaries for the sub-projects receiving Bank financing will comply with national legislation and the ElB's Environmental and Social Standards as well as international treaties and conventions signed and ratified by or otherwise applicable and binding in the country.

Passation des marchés

The Bank will require the intermediary institution to take all requisite measures to ensure that any procurement procedures carried out by final beneficiaries for the sub-projects that the Bank finances are in accordance with the Bank's Guide to Procurement.

Statut

Signé - 21/12/2022