YEREVAN ENERGY EFFICIENCY PHASE II

Promoteur – Intermédiaire Financier

YEREVAN MUNICIPALITY

Lieu

• Arménie

Description

The project will finance the rehabilitation in municipal buildings, particularly kindergartens and polyclinics, across the capital city of Armenia.

Objectifs

Financing aims to improve energy efficiency, as well as seismic safety and accessibility for disabled people, especially children.

Secteur(s)

• Services - Administration publique

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Montant BEI envisagé (montant approximatif)

EUR 35 million

Coût total (montant approximatif)

EUR 37 million

Aspects environnementaux

This operation will bring environmental benefits, by supporting projects that reduce energy consumption in public buildings, thus helping to mitigate climate change. Given the scale, location and nature of the schemes in built-up urban areas, environmental impact assessment (EIA), as defined in the EIA Directive 2011/92/EU, should normally not be required. Compliance with the Bank's environmental and social standards will be further assessed during appraisal.

Passation des marchés

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

Statut

Signé - 29/11/2023