devinitorg/iati-policy-markers huggingface dataset:
Green Investments in Buildings (GRIB) - Georgia The proceeds of the loan to Georgia will be used to finance the Energy  Efficiency ("EE") upgrade and rehabilitation of up to 200 public buildings  (primarily schools) located across the entire country. The Project is  co-financed by an investment grant of up to EUR 10 million provided by the EU  Neighbourhood Investment Platform (EU NIP).  The goal of the Project is to contribute to Georgia's green economy transition  by introducing comprehensive EE renovations of public buildings, building the  capacity of local construction companies in this sector and supporting the  creation of a value chain of green technologies.
Regional TFP: Ukrgasbank A facility under the Trade Facilitation Programme (TFP) for PJSC "Ukrgasbank"  ("UGB"), Ukraine.  The project will provide support for international and intra-regional trade  development in Ukraine. It will be channelled through one of the largest banks  in Ukraine to broaden access of companies to trade finance instruments and  expand the range of available trade finance products. The project will increase  UGB's competitiveness and future investment value through improved business  diversity and implementation of good business practices and standards.
Greiner Project Participation of up to EUR 25 million in the 10-year tranche of Greiner AG's  ESG-linked Schuldschein issuance.  The Bank financing will be used exclusively for capital investments of Greiner  AG's subsidiaries in the Czech Republic, Serbia, Estonia, Romania and Poland  and linked to the Borrower's circular economy and energy efficiency targets.
Green Cities 2 W1 - Adjara Solid Waste Phase II Adjara Solid Waste Management Phase II Project is part of Green Cities  Framework 2 ("GrCF2") and the first follow-on investment from Batumi's Green  City Action Plan ("GCAP"). The Project will address the priority environmental  challenges of solid waste and soil quality identified in the Batumi GCAP. It  will employ best available technologies ("BAT") and will result in  environmental benefits as well as mitigation benefits by reducing GHG emissions.  The Project aims to improve the environmental and safety standards by making  the new sanitary landfill operational; increasing the capacity to recover  recyclable materials; reducing waste quantities going to the new landfill, and  thus extending its lifetime, reducing uncontrolled leachate, and landfill gas  generation. The acquisition of the solid waste management equipment will enable  Adjara Waste Management Company to start new landfill operations, and  consequently the disposal of waste at the current non-EU compliant dumpsites  will be stopped. Moreover, the Project will finance the construction of a waste  treatment plant.
- Zhytomyr Trolleybus Provision of a senior loan of up to EUR 10 million to Communal Enterprise  "Zhytomyrske Tramvaino-Troleybusne Upravlinnya" (the "company") consisting of a  loan of up to EUR 9 million from the EBRD ordinary capital resources and a loan  of up to EUR 1 million from the Clean Technology Fund (the "CTF") resources  administered by the Bank's CIF Special Fund.  The loan is expected to be co-financed by an investment grant of up to EUR 2  million ("grant") from the EU Neighbourhood Investment Platform ("NIP").   The proceeds of the loan and the grant will be used to finance: (i) the  acquisition of up to 50 new trolleybuses and related maintenance and diagnostic  equipment, and (ii) the extension of the trolleybus network (construction of  power substations and catenary network).  The loan is the eighth sub-project under the Ukraine Public Transport  Framework ("UPTF") consisting of municipal-guaranteed loans to public transport  companies in Ukraine to facilitate critical improvements in public transport  infrastructure in a number of cities across Ukraine.  The project will address key challenges in the development of Zhytomyr's public  transport infrastructure by improving both the access to clean urban transport  and the capacity and efficiency of public transport services. The Bank's  investment will enable the company to increase the efficiency of trolleybus  operations through improved accessibility, modernised infrastructure, increased  average service speeds and decreased maintenance intensity and costs.
Ilfov sub-project The EBRD is providing a loan of up to RON 28 million (€6.5 million) to S.C. Apa  Canal Ilfov S.A. (the 'company'), a regional operating company providing water  and wastewater services in Ilfov County, in Romania's south east, around the  capital Bucharest.  The loan will co-finance the company's RON 308.4 million (€ 68.5 million)  regional investment programme approved by the EU under Romania's Cohesion Fund  Programme (the 'project').  The proposed transaction will enable the company to expand and modernise its  water and wastewater network, resulting in improved water and wastewater  services for 8 localities and 60,000 inhabitants of Ilfov County.  The proposed investments will enable the company to: (1) increase access to  water supply and wastewater treatment in the covered area; (2) reduce water  losses and increase operating efficiencies; and, (3) reach compliance with the  EU Water and Wastewater Directives in its service area.
Enerjisa Enerji - Bond The Bank has subscribed TRY 100 million (EUR 24 million) in Enerjisa Enerji  A.S.'s ("Enerjisa Enerji") latest TRY 335 million (EUR 80 million) local  currency bond issuance. This issue is part of the company's TRY 1,000 million  (EUR 240 million) bond programme as approved by the Capital Markets Board of  Turkey.  Successful placement of the CPI-linked 5-year bond supports Enerjisa Enerji to  diversify its funding sources, hedge its exposure to Turkish inflation, and  align the tenor of its financings with the horizon of its investments. The  Bank's participation is expected to assist in increasing the average tenor of  bond issuances in the corporate bond market and mobilise investor interest for  future bonds.
Afia Egypt Project Provision of up to USD 20 million senior unsecured working capital loan to Afia  International Egypt (the "Company" or the"Borrower" or "Afia Egypt"), for three  years with annual clean-up and annual renewal at the EBRD's sole discretion.  The contemplated financing supports the Borrower's working capital needs for  the importation of its main production input, edible oils, from the  international markets. The Project strengthens the Company's resilience to the  current and potential shocks from the external environment with growing food  security threats in the SEMED region following the war on Ukraine.
Indorama Agro Working Capital Loan Provision of two loans of up to US$70 million, in aggregate, to FE Indorama  Agro LLC to support its capital expenditure and working capital needs.  The project will support a significant private sector investment into the  cotton farming sector in Uzbekistan. It will promote mechanised cotton  harvesting and bring significant environmental and operational improvements  including: (i) land levelling and alternative irrigation systems to optimise  water use; (ii) effective application of fertilisers; (iii) upgrades of water  delivery and melioration systems; and (iv) improved crops stock management.
Sadakhlo-Bagratashen Bridge Project The EBRD is supporting the financing of a project aimed at the modernisation  and upgrade of three border control points along the border between the  Republic of Armenia and Georgia.  A loan agreement for the financing of Bagratashen bridge on the  Armenian-Georgian border crossing was signed on 23 November 2012 in the amount  of EUR 10.3 million between EBRD and the Republic of Armenia. Following the  request of the Government of Georgia to co-finance the construction of the  Sadakhlo-Bagratashen bridge, the "Agreement on the construction of a new bridge  over river Debeda at the Sadakhlo-Bagratashen border crossing points on the  state border of Georgia and the Republic of Armenia" was signed between the  Government of Georgia and the Government of the Republic of Armenia on 24  December 2014. As a result, the provision of a sovereign loan to Georgia, to  co-finance the construction of the Sadakhlo-Bagratashen border crossing bridge.  The Project Summary Document was originally disclosed (under the Armenia  Northern Corridor Modernisation Project) on 22 March 2012.  The proceeds of the EBRD loan will finance the construction of a new bridge at  the Sadakhlo-Bagratashen border crossing between the Republic of Armenia and  Georgia as well as related supervision services.  The border control points at Bagratashen, Bavra and Gogavan are key  infrastructure priorities as identified under Armenia's Integrated Border  Management Plan. Efficient border crossing facilities is also a priority for  the Government of Georgia. The current poor quality of transport access  infrastructure as well as of the existing facilities at the borders are a cause  for significant bottlenecks in terms of regional traffic flows.
Paloma Paper Project The EBRD is providing a long-term loan of up to EUR 4.5 million to the  Slovenian tissue producer Paloma d.d. (the 'Company' or 'Paloma'). The loan  will be used to finance the Company's energy and resource efficiency  investments as well as working capital needs.  The EBRD's investment will support a balance sheet restructuring, improve  resource efficiency at the Company and facilitate privatisation of Paloma.
Biotrend Cevre ve Enerji Yatirimlari A.S. Provision of a USD 20 million to purchase an equity stake in Biotrend Cevre ve  Enerji Yatirimlari A.S. (the "Company" or "Biotrend"). Biotrend is engaged in  integrated waste management and waste to energy production. The Company has  been listed on Borsa Istanbul since April 2021. As a result of the transaction,  EBRD will be a minority shareholder with a stake less than 10%.  The equity investment into Biotrend solidifies EBRD's aim to promote private  sector participation in municipal waste management. The Bank has an ongoing  policy dialogue with the Ministry of Environment and Urbanisation to upgrade  the legal framework for municipal PPPs with a focus on bankability.  The Project is in line with the Bank's Strategy for Turkey (BDS/TU/19-01(F)),  Municipal and Environmental Infrastructure Sector Strategy (BDS19-069(F)) and  the Green Economy Transition Approach 2021 i 2025 (BDS20-082(F)) and Strategy  for the Promotion of Gender Equality 2016-2020 (BDS15-264(F)).
Umka Cardboard Project The loan proceeds will be used to finance a part of the company's EUR 44.5  million investment in the expansion of its manufacturing capacity through an  upgrade of the existing cardboard machine.  The investment will result in:    * Higher energy/resource efficiency of Umka's operations resulting in lower  energy intensity of its operations per unit of product.   * The increase in production scale and removal of bottlenecks will result in  lower operating cost and higher competitiveness.   * Environmental benefits since the company will invest in a contemporary  waste water treatment system.   * Increase in waste paper collection in Serbia and the Western Balkans thanks  to Umka's post-project increase in waste paper recycling.   * Introduction of new product category with higher profit margin as well as  improvement of existing products' quality.
Regional - Mongolia - KhanBank I Provision of a 5-year senior loan to Khan Bank LLC of up to USD 60 million, of  which up to USD 45 million to be provided by EBRD and up to USD 15 million by  the Green Climate Fund ("GCF") under the GCF - Green Economy Financing Facility  ("GEFF") Regional Framework.  The proceeds of the loan will be used for financing investments in climate  change mitigation and adaptation technologies by local private sector clients,  in line with the standards and reporting requirements for GCF-GEFF Regional  Framework.
EaP SMEC - Bank of Georgia A five-year GEL denominated senior unsecured loan in amount of USD 20 mln  provided to Bank of Georgia ("BoG"), one of the largest systemic banks  operating in Georgia. The project will further promote the Eastern  Partnership SME Competitiveness ("EaP SMEC") Programme, a successor to the  DCFTA Programme, in which BoG has actively participated since 2016.  The proceeds of the Bank's investment will be on-lent by the bank in line with  EaP SMEC Programme' Policy Statement to private sector sub-borrowers (MSMEs) to  upgrade their technologies and equipment up to EU standards, including for  investments in sustainable technologies and promotion of the use of green  technologies, enhancing MSMEs' competitiveness. At least 70% of the loan is  expected to be GET-eligible, in line with the EaP SMEC programme terms.
Regional - Arvand Bank Loan III The provision of a senior loan of up to USD 4.0m to Arvand Bank, of which up to  USD 3m to be provided by the EBRD and up to USD 1m by the GCF under the  GCF-Green Economy Financing Facility Regional Framework (GCF-GEFF Programme in  Tajikistan II).  The proposed operation complies with the GCF GEFF Regional Framework  criteria. This is the third loan under the Framework to Arvand which follows  the successful utilisation of the first loan signed in 2021 and the second one  signed in 2022. Proceeds of the loan will be allocated to climate change  mitigation and adaptation technologies. The transaction will support further  expansion of Arvand's product offerings with green lending products, in a  gender responsive way.
Alpha Bank AE: covered bonds investment The EBRD subscribed EUR 40 million to the EUR 500 million covered bond issued  by Alpha Bank A.E. ("Alpha") under its EUR 8 billion Direct Issuance Covered  Bond Programme I. The covered bond has a soft bullet structure with a maturity  of five years and marks Alpha's first public covered bond issuance.  The bond proceeds will be used to reduce Alpha's dependence on Eurosystem's  Emergency Liquidity Assistance funding; thus, contributing towards the  normalisation of its liquidity position.
Sunrise Foods International An unsecured loan of up to USD 25 million to Sunrise Foods International  Inc., one of the Tiryaki Group companies which produces, processes, stores, and  trades in organic agricultural food products.  The project will be used for (i) refinancing existing loans in Tiryaki Agro  through transferring the exposure to Sunrise and (ii) financing working capital  needs of Sunrise which are related to their operations in the Bank's countries  of operations.
Krnovo Wind Farm The EBRD is providing a senior loan of up to €47.5 million to finance the  construction and operation of a 72MW wind power plant at Krnovo, located  approximately 28km northeast of Niksic, Montenegro (the "Project"). The Project  is expected to be Montenegro's first utility-scale wind farm.  Null Value
Black Sea Oil &amp;amp; Gas An equity investment in favour of Black Sea Oil &amp;amp; Gas SRL, a limited liability  company incorporated in Romania.     The proceeds will fund the development of the Midia Gas Development Project  (MGD Project), that comprises the Ana and Doina gas fields located some 120 km  offshore Romania in the XV Midia Shallow area. MGD Project consists of 5  production wells (1 subsea well at Doina field and 4 platform wells at Ana  field), a subsea gas production system over the Doina well which will be  connected through an 18 km pipeline with a new unmanned production platform  located over Ana field. A 121 km subsea pipeline will ensure the delivery of  the gas from Ana platform to the shore, where a 4.3 km underground pipeline  will connect to the new gas treatment plant.  The project will support the development of a privately owned offshore gas  upstream development project in Romania, and provide assistance to the Romanian  government in implementing the country's updated legal and regulatory framework  for the offshore oil and gas sector.
Enzym Project The Project will support Enzym Group's investment program comprising the  following: (i) construction of the new production facilities for yeast-based  products such as yeast extracts and inactive yeast; (ii) expansion of the  fermentation capacities at the existing yeast production (to be used by the new  production as well); (iii) construction of the water treatment facilities.  COVID-19 pandemic did not have significant impact on the Enzym's operational  results in 2020 and on the Project implementation. The Company implemented  needed measures to ensure operations sustainability and protect staff.  The financing will support Enzym's strategy to expand its product range into  more complex and higher value added biotechnological products.  Null Value
Ulker Sustainability-Linked Loan A sustainability-linked loan of up to EUR 75 million to Ulker Biskuvi Sanayi  A.S., one of the leading snackings brands in Turkiye, with a diverse product  portfolio which includes biscuits, cakes and chocolates amongst others.  The Bank's loan will be used to refinance EBRD's existing bilateral loan from  2020 maturing in April 2023 into a sustainability-linked loan and will be part  of a larger refinancing package of an existing syndication facility.
Erste Bank Serbia Provision of a senior unsecured loan to Erste Bank Serbia ("EBS") of up to  EUR 25 million under the Bank's Resilience Framework ("RF"), developed to  address the economic impact of the Covid-19 pandemic. The proceeds of the  proposed loan will be on-lent to local private small and medium-sized  enterprises ("SMEs"), corporates and municipalities in Serbia to cover  liquidity needs that may arise as a result of Covid-19.  This project was approved in the context of the Bank's response to the  COVID-19 pandemic. To avoid delays to the delivery of this project, the Bank's  President granted a deviation from the ordinary timelines for PSD disclosure,  as contemplated by Section V of theDirective on Access to Information. Details  of the Bank's response to COVID-19, and this deviation, can be found on our  website.  The proceeds of the loan will help EBS to continue lending to eligible  corporates, SMEs and municipalities in Serbia by providing liquidity in the  time of crisis following the Covid-19 pandemic.
Akbank Project This project was approved as part of the Bank's response to the Covid-19  pandemic. To avoid delays to the delivery of this project, the Bank's President  granted a deviation from the ordinary timelines for PSD disclosure, as  contemplated by Section V of the Directive on Access to Information. Details of  the Bank's response to Covid-19, and this deviation, can be found on our  website.  Financing is comprised of a senior loan of up to USD 75 million in favour of  Akbank T.A.S. The proceeds of the loan will be channelled by Akbank  predominantly to small and medium-sized enterprises (SMEs) operating in Turkey.  The operations will enable the company to increase the availability of  short-term financing predominantly to SMEs in Turkey facing liquidity stress  due to the Covid-19 crisis.
Sustainable Reboot SME - UCL Provision of a long-term senior unsecured loan of up to EUR 15 million to  Unicredit Leasing Serbia ("UCL") for on-lending to small and medium-sized  enterprises ("SMEs") in Serbia. The loan is envisaged under the Sustainable  Reboot SME Programme ("Reboot SME"). The loan will be fully guaranteed by the  parent, UniCredit Bank Serbia ("UCB").  The loan is intended to provide financing for on-lending to local SMEs for  investments in environmental protection, workers' safety and product quality  and safety in order to introduce and implement EU standards, which will boost  SMEs' competitiveness in the country. At least 70% of the use of the proceeds  is expected to be related to Green Economy Transition ("GET") investments.
Scatec Green Bond Egypt An investment in a green bond issuance of up to USD 340 million (the "Bond").  The Bank's participation will consist of up to USD 100m in the form of a direct  subscription in the Bond, and the provision of up to USD 30m stand-by liquidity  facility for the benefit of the participating private institutional investors.  The Bond will obtain the verified certification from the Climate Bond  Initiative (CBI) and will be the first private green renewables-backed bond  issued in Egypt.  The Bond proceeds will support a portfolio of six operational solar power  plants located in Benban, Egypt (the "Projects").
Egesil Kimya Project Provision of a senior secured loan of EUR 15 million to Egesil Kimya Sanayi ve  Ticaret A.S., a manufacturer of specialty chemicals, to finance the company's  new production facility in Sakarya, a Turkish province on the coast of Black  Sea.  The project involves financing the company's new production facility in  Sakarya, Turkey which will increase precipitated silica capacity by 40,000 tons.  The project is in line with the Bank's Green Economy Transition approach as  100 per cent of the EBRD's proceeds will be used for GET eligible investments.
Oyu Tolgoi Mine Development The EBRD is part of a project involving the development, construction and  operation of an open pit and underground mine and ore processing facility at  the Oyu Tolgoi copper, gold, silver and molybdenum deposit located in the  southern Gobi region of Mongolia, in the eastern part of Omnogovi aimag in  Khanbogd soum, approximately 220 km from the aimag capital of Dalandzadgad and  45 km southwest of Khanbogd soum centre.  Oyu Tolgoi, one of the world's largest copper-gold deposits, contains a  currently identified commercial resource (JORC compliant) of almost 40 billion  pounds (Blb) of contained copper and 20 million ounces (Moz) of contained gold  plus further identified reserves of 40 Blb of contained copper and 25 Moz of  contained gold which are in the process of being defined through geological  investigation and modelling.  The project is being developed in phases, with commercial production from a  100,000 tonnes per day (tpd) concentrator (due to start in 2013) to be sourced  initially from the Southern Oyu open pit mine. In parallel, construction is  under way to develop infrastructure at the underground Hugo North deposit. A  dedicated road to the Chinese border will be built to export mine output. Power  is to be sourced initially from China.  The project is expected to have a material positive impact on the economic  development of Mongolia and, at full production, is anticipated to increase  national GDP by 30% by 2020. The fiscal benefits for the country will include  greater tax revenues, as well as royalties and dividends. The project will  adopt best transparency standards through compliance by the project company  with the EITI requirements and serve as an example to other private sector  investors in the Mongolian mining industry.  In addition, the project will act as a catalyst for the development of  supporting infrastructure in the region, including utility services and  transportation, and will contribute to the development of the necessary  vocational skills in the country through the establishment of two vocational  training centres in the South Gobi, and the provision of full financial support  for 3,300 Mongolians to attend technical and vocational education training  schools across the country. .  Employment generation, both directly at the project and indirectly through  the development of a supply chain providing goods and services to it, is  expected to be significant. The project will maintain a greater than 75%  Mongolian workforce for direct mining operations and at least 90% of the  remainder of the workforce will be Mongolian during the operational phase.  Null Value