CHINA CLIMATE EXIMBANK FRAMEWORK LOAN

Promoteur – Intermédiaire Financier

PRIVATE ENTITY(IES), PUBLIC ENTITY(IES)

Lieu

• Chine

Description

The proposed framework loan aims to finance diverse sizes of sub-projects eligible under the Bank's own-risk, Climate Action and Environment Facility (CAEF), with a strong focus on climate change mitigation and adaptation. This operation would be a sovereign loan, which will be on-lent by China's main policy bank, Eximbank, as a financial intermediary, to sub-projects in 2017-2020.

Objectifs

The proposed operation contributes to the EU priorities and country development objectives under the EU-China 2020 Strategic Agenda for Cooperation and the EU-China Partnership on Climate Change 2015, in particular regarding enhancing the EU-China's strategic and partnership cooperation on climate change and environmental protection.

Commentaires

The EIB is expected to provide significant added value to the growth of the financial intermediary's portfolio related to climate change mitigation and adaptation, sustainable water use and environmental protection.

Secteur(s)

• Transports - Transports et entreposage
• Eau, assainissement - Production et distribution d'eau; assainissement, gestion des déchets et dépollution
• Énergie - Production et distribution d'électricité, de gaz, de vapeur et d'air conditionné

Montant BEI envisagé (montant approximatif)

EUR 300 million

Coût total (montant approximatif)

EUR 1000 million

Aspects environnementaux

The Bank will require the promoters to ensure that implementation of the project will be done in accordance with the Bank's Social and Environmental standards and policies.

Passation des marchés

The Bank will require the promoters to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Statut

Signé - 29/12/2017