devinitorg/iati-policy-markers huggingface dataset:
Puhovichi Solid Waste Project EBRD is providing a € 5 million sovereign loan to the Republic of Belarus for  the construction of the first EU regulations compliant regional landfill in the  country and related infrastructure.   The new landfill will be located in Druzhnyi, a village located some 45 km  outside the city of Minsk, and will service Puhovichi and Cherven Districts,  both within the Minsk region. The EBRD loan will be on-lent to a new regional  solid waste company that will be established to operate the new landfill as  well as waste collection systems for the two above mentioned districts.   It is envisaged that the project will be co-financed by a capital grant of €  2 million provided by an international donor(s).  The proceeds of the loan and the grant will be used to finance the upgrade of a  solid waste management system in the Puhovichi and Cherven Districts through i)  the construction of an EU regulations compliant landfill, ii) a waste sorting  facility, and iii) vehicles and equipment for improvement of the waste  collection system.   The key benefits of the Project are better service and environmental  standards due to: (i) reduced landfilling, (ii) reliable waste collection and  transportation operations, (iii) lower CO2 and methane emissions.   In addition, the investment will be complemented by a TC package comprising  implementation support as well as corporate development support to the new  company.
BAKAD Road Concession The proposed investment involves providing debt financing for construction and  operation of a 66-km ring road around Almaty in Kazakhstan (the "Project"), to  be undertaken by BAKAD Investment and Operation LLP (the "Project Company"), a  limited liability partnership established in Kazakhstan. The Project is being  developed under a 20-year concession agreement signed on February 8, 2018.  The Project is expected to: (i) divert transit traffic away from Almaty, and  thus contribute to the reduction of the city's pollution; (ii) reduce traffic  congestion and commuting time to and within Almaty; (iii) reduce road  accidents, improve the capacity and competitiveness of the trans-Kazakhstan  transit routes; (iv) enable increased regional and international trade as the  Project forms part of the Western Europe - Western China transcontinental  highway; (v) encourage the use of the PPP / concession framework in other  sectors and projects in Kazakhstan, as the Project is the first PPP project in  the country and the first large infrastructure project to be completed with  private capital outside the commodities sector.
Abou Ghaly Motors - Electric vehicles Provision of a senior loan of up to EGP 187.4 million (ca. EUR 9.5 million) to  Abou Ghaly Motors ("AGM" or the "Company") to support acquisition of Range  Extended Electric Vehicles ("REEVs") to be operated as private taxis as part of  the Company's London Cab Egypt services and support the development of the  e-mobility transport sector in Egypt. The Project is expected to have a strong  demonstration effect, for both the public and private investors in the  transport sector.  The objective of the Project is to support AGM's operational expansion along a  low carbon transition pathway through the purchase of REEVs, which is expected  to have a positive demonstration effect for electric mobility in both the  public and private sectors in Egypt.
OTP Bank Serbia SME LCY Loan Provision of a long-term senior loan to OTP Bank AD Belgrade (OTP) for on  lending to small and medium-sized enterprises (SMEs).  The project will contribute to the expansion of lending to private businesses  through working capital lines and investment loans to SMEs, including  enterprises operating in economically less-developed regions of the country.  Furthermore, the transaction supports OTP's growth strategy and the  diversification of its funding sources
Raiffeisen Bank Romania Subordinated Bonds The EBRD invested RON 240 million (ca. EUR 50 million) in subordinated bonds  issued by Raiffeisen Bank Romania ("RBRO"), as part of a total issuance of RON  480 million. RBRO intends to list the bonds on the Bucharest Stock Exchange.  The subordinated bonds represent Tier 2 instruments and are compliant with the  European Union's Capital Requirements Regulation and Capital Requirements  Directive IV (commonly referred to as CRR/CRD IV or Basel III).  Moreover, the investment in the bonds shall help RBRO to support investments  in the green economy in line with EBRD's Green Economy Transition approach.  With this investment, EBRD is seeking to support the resilience of RBRO's, a  systemically important bank in Romania, by contributing to the optimisation of  its capital structure through the increase of Tier 2 Capital. In addition, it  aims to support RBRO in building the funding base for the minimum requirement  for own funds and eligible liabilities.
Green Cities 2 W2 E2 - Ankara Metro Project A senior loan of up to EUR 125 million to Ankara Metropolitan Municipality  (AMM). The proceeds of the loan will be used for the construction of Dikimevi -  Nato yolu metro line, 7.46km and 8 stations. The Project will be an underground  metro line with the stations and tunnel having an average depth between 30 to  45 meters below ground level. The Project will result in safer and more  reliable transport services for 691,520 passengers per day.  The construction of a new metro line is part of the city's extension of its  urban rail network to meet increasing demand, providing an environmentally  friendly alternative to private vehicles.
AAIB - SME loan, Egypt Sustainable Energy Efficiency Loan  loan, trade finance The project consists of a financing package of up to USD 110 million to Arab  African International Bank ("AAIB").  The facility will comprise (i) a senior loan of up to USD 30 million for  on-lending to private small and medium enterprises ("SMEs"); (ii) a senior loan  of up to USD 30 million under the Egypt Sustainable Energy Financing Facility  ("EgyptSEFF"), of which up USD 15 million is expected to be co-financed by  either the Agence Francaise de Developpement ("AFD") or the European Investment  Bank ("EIB") under the same conditions; and (iii) a trade finance limit of up  to USD 50 million for guarantees and cash advances.   EgyptSEFF is a comprehensive financing facility programme in the amount of up  to EUR 140 million for sustainable energy investments. The funds will be made  available to Participating Financial Institutions ("PFIs") in Egypt for  on-lending to eligible private sector sub-borrowers for sustainable energy  investments. The facility will promote penetration of energy efficient ("EE")  and renewable energy ("RE") technologies, appliances and equipment in Egypt by  stimulating demand and raising awareness of the benefits of investments in such  technologies.  The EBRD loan will enable AAIB to develop its SME lending activities and expand  access to finance for underserved private SMEs, and to support on-lending to  private sub-borrowers for EE and RE projects, which are of particular relevance  in the context of high energy intensity of the Egyptian economy.
Green Cities 2 W2 - Tbilisi Municipal Services The sovereign loan of up to EUR 9.6 million will be used to finance the  acquisition of vehicles, machinery and equipment, as well as digital route  optimisation and truck pool management systems, for the provision of municipal  services, namely solid waste management ("SWM"), street lighting ("SL"), street  cleaning and drainage in Tbilisi for the benefit of Tbilservice Group Ltd (the  "Company").  The proposed investment will address a priority environmental challenge of  modernisation of waste management and  street lighting equipment in the city of  Tbilisi as identified under its Green City Action Plan ("GCAP") and approved by  Tbilisi City Municipality (the "City") in September 2017.  The Project addresses Tbilisi's priority environmental challenges of SWM and  SL equipment modernisation as detailed in the Tbilisi GCAP.
RLF - ELES WCF Project Short-term revolving working capital facility up to EUR 25m provided by the  EBRD to Slovenia's electricity transmission network operator, ELES. The  facility will have a tenor up to 3 years and a commitment period of 33 months.  The transaction will support ELES' working capital needs at a time of high  electricity price, which is a result of the War in Ukraine. It will also  facilitate continued investment in electricity grid to cope with integration of  additional renewables generation and ensure adequate voltage conditions  throughout the Slovenian energy system required for safe and reliable  operations in line with ENTSO-E criteria and targets.
Polpharma R&amp;amp;D Project Provision of long-term financing to Zaklady Farmaceutyczne Polpharma S.A.  ("borrower", "client") to support the introduction of new technologies and  enhancement of in-house R&amp;amp;D competencies, Green Economy Transition  (GET)-eligible investments and replacement of temporary bridge financing and  short term credit lines with a more permanent finance structure (the  "project"). The EBRD will act as a co-lender alongside  Polish commercial banks.  The operation will support the European pharmaceutical industry during the  pandemic and enable the company to increase its global sales presence through  the development of value-added products as well as the introduction of new  technologies that will facilitate the development of new substances and  products to penetrate currently unavailable market niches. The project will  also support a Polish pharma blue-chip to maintain its leadership position in  Central and Eastern Europe and the Commonwealth of Independent States and  streghten its international footprint.
3 Banka Serbia SME Provision of a long-term senior unsecured loan to 3 Banka Serbia ("3B" or the  "Company") up to RSD 1.2bn (c. EUR 10.2m) under the Financial Intermediaries  Framework ("FIF") for on lending to micro, small and medium-sized enterprises.  The project will contribute to the expansion of lending to private businesses  through working capital lines and investment loans to farmers, enterpreneurs  and MSMEs, including those operating in economically less-developed regions of  the country. Furthermore, the transaction supports 3B's growth strategy and  provides a source of medium term local currency funding.
Lamda Development Green Bond The European Bank for Reconstruction and Development ("EBRD") invested EUR 20  million in a 7-year EUR 230 million green bond (the "Green Bond") issued by  Lamda Development SA ("Lamda" or the "Company"). The Green Bond is listed on  the Athens Stock Exchange and the Company's Green Bond Framework is aligned  with the International Capital Market Association's ("ICMA") Green Bond  Principles ("GBP"). The transaction marks the first green bond issued by the  Company.  The proceeds of the Green Bond will be allocated exclusively to green  investments, as defined in the Company's Green Bond Framework, in the following  categories: (i) investments in sustainable buildings and sustainable urban  landscapes, (ii) investments in green energy and (iii) investments in smart  technologies.  An amount equivalent to the EBRD investment will be used to finance the  development of new green certified assets of at least LEED "Gold" or BREEAM  "Very Good" level.
Centerra Turkey An up to US$ 75 million senior secured project finance loan with up to 6-7  years maturity to Oksut Madencilik Sanayi ve Ticaret A.S. ('OMAS'), a 100%  subsidiary of Centerra Gold Inc ('Centerra').  The Loan will be used to partially finance the design, development and  construction of the Oksut open-pit gold mine in Turkey owned by OMAS.
Regional - Arvand Provision of a senior loan of up to US$ 2.0 million (€1.6 million equivalent)  to Arvand Bank under GEFF Tajikistan. The loan will be provided in two tranches  of USD 1.0m each with the second tranche being uncommitted, which  committment  is delegated to Management. The financing will promote investments in climate  change mitigation and adaptation technologies  The proposed operation complies with the GCF GEFF Regional Framework  criteria. Proceeds of the loan will be on-lent to private sector sub-borrowers  in line with the GEFF Policy Statement. The project objective is to promote  investments in efficient climate change mitigation and adaptation technologies  and to contribute to Tajikistan's transition to an environmentally sustainable  and climate-resilient economy.
KRK - MSME Loan II Provision of a senior unsecured loan of up to EUR 3 million to be provided in  two tranches (a first tranche of EUR 2 million and a  second, uncommitted, tranche of EUR 1 million) under the Financial  Intermediaries Framework ("FIF"). The loan will have a 3-year tenor, consisting  of up to 1 year of grace period and 2 years for principal repayment.  The proceeds of the Bank's investment will be used to provide long-term funding  to eligible MSMEs in Kosovo; the loan will support expansion of KRK's MSME  lending and extend the maturity of the entity's liabilities.
TurSEFF III &amp;amp; TUR Women in Business  - Isbank DPR The EBRD has provided USD 127 million financing to Turkiye Is Bankasi A.S.  ("Isbank") under Isbank's existing Diversified Payment Rights ("DPR")  programme. The proceeds of the financing will be split between the Women in  Business II ("TurWiB II"), USD 76 million, and the Turkey Sustainable Energy  Financing Facility III ("TurSEFF III"), USD 51 million ("The Project").  TurWiB II is an integrated and dedicated programme aimed at supporting women  entrepreneurship and women-led SMEs. EBRD financing will be accompanied by (i)  a technical cooperation programme to assist Isbank to build its internal  capacity by developing new systems, business and institutional models, products  and delivery mechanisms to effectively reach outand better serve this segment,  and (ii) a risk sharing mechanism supported by the Turkish Credit Guarantee  Fund (Kredi Garanti Fonu, the "KGF") to stimulate lending on a sustainable  basis. In addition, women entrepreneurs will be provided with advisory,  mentorship and networking opportunities, facilitating their access to know-how  and non-financial development services, as well as access to markets.  TurSEFF III aims to (i) further increase financial intermediation for  small-scale renewable energy investments and a broader range of resource  efficiency investments, including energy efficiency, waste minimisation and  water savings; (ii) further improve the financial institutions' skills in  recognizing and assessing a wider range of sustainable energy and resource  efficiency projects.
Greek Airports Privatisation Cluster B The EBRD is joining a group of lenders providing long-term financing to the  concessionaire for the privatisation of 14 Greek regional airports.  The Greek government is in the process of implementing a significant  privatisation programme, which includes the privatisation of 14 regional  airports in Greece with a view to transferring responsibility for their  modernisation, maintenance, management and operation to the private sector  under long-term concession agreements. Fraport Greece, the concessionaire for  the 14 Greek regional airports is owned by Fraport AG and Copelouzos Group. The  concession agreements were signed with the Hellenic Republic Asset Development  Fund S.A. (HRADF) and the Republic of Greece on 14 December 2015.  EBRD's financing would support the expansion of private sector participation in  the airport sector in Greece. The project will include the modernisation and  upgrading of important airport infrastructure located throughout Greece and  will support the growth of the regional economies. The project will improve the  quality of the infrastructure and the service quality at the 14 regional  airports and will promote development of the tourism industry in Greece, which  is a key driver of the Greek economy.
Nautilus Project EBRD provides a 6-year secured loan to Circle Maritime Invest (the "Company")  to support acquisition of two offshore support vessel to be employed in Turkmen  sector of the Caspian Sea.  The EBRD financing will be used for the acquisition of two anchor handling tug  supply vessels which will be chartered by Dragon Oil Turkmenistan Ltd and be  employed for the initial charter period in the Turkmenistan sector of the  Caspian Sea in connection with the development of the Cheleken oilfield.  Currently the Company predominantly operates in the Kazakhstan sector of the  Caspian and the Project will support to the Company's expansion in Turkmenistan.
Poland - Millennium Leasing The provision of a senior loan of PLN 300 million to Millennium Leasing Sp.  z o.o. ("Project") under the PolGEFF Leasing Framework ("Framework"). The  proceeds will be used to provide leasing finance to small and medium-sized  enterprises ("SMEs") in Poland. This will be the second project under the  Framework.  Millennium Leasing Sp. z o.o. will use the proceeds of the loan to finance  energy and resource efficiency, renewable energy, water and waste management  sub-projects, through private businesses, that stimulate green economy  transition (i.e. GET investments), under PolGEFF Leasing Framework. The  eligible sub-projects will cover a broad spectrum of technologies and will be  selected according to technical, financial and environmental eligibility  criteria.
Tolkun WC Project The provision of a senior secured debt of US$ 2.0 m (€1.8m) to Economic Society  "Yakymly Kumush Suwy" for additional working capital needs to ensure continuity  of its soft drinks production during the COVID-19 crisis by mitigating the risk  of possible disruption in supply of imported raw materials.  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 loan will support Yakymly Kumush Suwy liquidity and help it withstand the  Covid19-caused crisis.
Nyva Pereyaslavshchyny The provision of a long-term loan of up to US$ 12.5 million to Nyva  Pereyaslavshchyny LLC to finance the expansion of its  pig breeding capacities  , the construction of a meat-processing factory, bio-waste recycling facility  and related working capital financing.  The Project will lead to the increase of production capacities, enhanced  vertical integration and the introduction of the best environmental practices.
- Chigirin Solar The provision of a loan of up to EUR 19.7 million for the development,  construction and operation of a 55.4MWp solar PV project in the Cherkassy  region of Ukraine.  The Project is developed under EBRD's Ukrainian Sustainable Energy Lending  Facility III (USELF-III), a EUR 250 million Facility to support renewable  energy in Ukraine.  The Project will add to domestic renewable energy capacity, which supports  Ukraine achieve its target of 11 per cent gross final electricity consumption  from renewable energy sources by 2020 and 25 per cent of primary energy  generation by 2035.
MR3: Hatay Water Subproject A EUR 27 million senior loan to Hatay Water and Sewerage Administration (HATSU)  which currently does not have the capacity to meet the increased demand for  services. The loan will be accompanied by an investment grant of EUR 7 million  from EBRD Shareholder Special Fund Community Resilience Window (SSF CRW) to  finance:    * the replacement of 200 km water supply network in Samandagi District of  Hatay,   * the construction of 240 km waste water collection network in Arsuz District  of Hatay, and   * procurement of construction supervision engineering works for the two  investments mentioned above.  Turkey is experiencing significant population growth caused by the refugee  influx since the start of the conflict in Syria. Based on recent estimates,  some 3 million refugees live in Turkey, placing a huge toll on host communities  which are struggling to provide needed services given the dramatic short term  population growth. This is particularly true in areas such as Hatay, which are  close to the conflict zone.  The refugee influx has strained key municipal services in the areas of water,  waste water, urban transport and solid waste operations in Hatay. Although the  Turkish government has established refugee camps in Hatay region, the majority  of the refugees live in the city centre. The project is part of the EBRD's  refugee response and will focus on building resilience.
PSEEF: Dnipro Public Buildings EE A senior loan of up to EUR 25 million to the Communal Enterprise "Dniprovska  Municipalna Energoservisna Kompanya", the municipal energy management company,  owned by the city of Dnipro. The loan is expected to be co-financed by up to  EUR 5.5 million investment grant from the Eastern Europe Energy Efficiency and  Environment Partnership (E5P), subject to grant approval by the E5P Assembly of  Contributors. The local contribution of up to EUR 2.5 million will cover  additional energy conservation measures and capital repairs.  The project proceeds will finance a pipeline of works contracts with elements  of an Energy Performance Contract (EnPC") for energy efficiency investments  in 98 public buildings, including 67 kindergartens, 27 schools and 4 outpatient  clinics.  The loan will be a sub-project under the Public Sector Energy Efficiency  Financing Framework, consisting of municipal-guaranteed loans to municipal  energy management companies in Ukraine to facilitate critical improvements in  energy efficiency measures in public buildings in a number of cities across  Ukraine.  The proposed investment will enable the city to finance energy efficiency  measures through EnPCs implemented by private contractors selected by  competitive tender. The investments are expected to result in strong  improvement of buildings' condition through renovation of facilities and  meeting heating requirements, improved comfort level and reliability of  services at kindergartens, schools and clinics, as well as reduction of energy  and maintenance costs of the buildings and decrease of CO2 emissions.
Voltalia rights offering An equity investment of EUR 25m to acquire a minority stake of 2.8% in the  renewable energy developer Voltalia SA. The investment is part of a larger  capital increase of EUR 376m to finance the investment programme of the company  for the period 2020-2023. A significant portion of that growth is expected to  come from the Bank's countries of operations, in particular the southern and  eastern Mediterranean and South Eastern Europe regions.  Support the development of renewable energy in the Bank's regions. The company  has given certain undertakings targeting the investment of at least EUR 50m of  equity in the Bank's countries of operations.
DCFTA - Mobiasbanca MSME Facility III Provision of a 3-year amortising senior unsecured loan of up to € 5 million  to Mobiasbanca - OTP Group ("Mobiasbanca") for on-lending to eligible MSMEs  under the DCFTA Programme (EU4BUSINESS EBRD Credit Line - Finance and Advisory  Programme Supporting SME).  The loan will be available for disbursement in EUR or as a synthetic MDL  facility.  The proposed project will enable the participating financial institution to  finance sub-loans under the programme, supporting investments of Moldovan MSMEs  in upgrading their technology and equipment necessary to meet EU standards in  terms of product quality, health and safety measures and environmental  preservation. Sub-borrowers will benefit from financial incentives for eligible  sub-projects, while dedicated consultants will assist Mobiasbanca with  investment projects preparation and implementation.