devinitorg/iati-policy-markers huggingface dataset:
Kazakhstan  Women in Business  II - MFO KMF 4 The provision of a 3-year senior loan in the amount of up to US$ 35 million (in  US dollar or Kazakhstan tenge equivalent) to Microfinance Organisation KMF  ("MFO KMF") under the Kazakhstan Women in Business Programme II ("KazWiB II",  OpId 53696). The financing will be used for on-lending to eligible women-led  private micro, small and medium enterprises (MSMEs) in Kazakhstan.  The aim of the loan is to promote women's entrepreneurship and access to  finance, and more broadly women's participation in business, through the  development of a strong Women in Business SME sector in Kazakhstan, by  facilitating access to finance and advice for women-led MSMEs. The loan will be  complemented by the enhancement of sustainable credit mechanisms targeted at  women-led MSMEs through technical assistance at the KazWiB II level; and  technical support for women-led MSMEs in accessing know-how, business  development tools and networking opportunities.
Regional-Mongolia - XacLeasing The provision of a senior loan to XacLeasing LLC of up to US$ 4 million, of  which up to US$ 3 million to be provided by the EBRD and up to US$ 1 million by  the Green Climate Fund ("GCF") under the GCF - Green Economy Financing Facility  ("GEFF") Regional Framework (the "Framework").  The proceeds of the loan will be used for financing investments in climate  change mitigation and adaptation technologies by local businesses, in line with  the standards and reporting requirements for GEFF in Mongolia. 100 per cent of  the loan proceeds will be related to Green Economy Transition investments.
Akabe Project Akabe Project - Senior secured loan of up to USD 10.6 million (EUR 9.8 million) to Akabe LLC.  The company is seeking financing for (i) the reorganization of the balance  sheet through refinancing of its short-term loans, (ii) increased working  capital needs to respond to the challenging market environment and (iii) the  construction of a warehouse and auxiliary facilities.
Al Safawi Solar PV Project A senior secured A/B loan of up to USD 70 million to finance the construction  of an up to 51 MW solar photovoltaic plant located in Safawi Area, 150 km east  of Amman, Jordan. The Project will support the country's goals of increasing  renewable energy capacity, reducing reliance on costly hydrocarbon imports and  meeting rapidly growing electricity demand.  As part of the government's second round of direct proposals for solar (Round  2), the Project represents an important part of its ambitious programme to  generate 10% of Jordan's electricity demand from renewables by 2020 and reduce  greenhouse gas emissions to 14% below business-as-usual levels by 2030.
Olzha Phase III loan The EBRD is providing a secured loan to JSC Olzha, a private operator of  freight wagons in Kazakhstan. Proceeds of the loan will be used for acquisition  of new freight railcars.  Null Value
Innova/6 private equity fund Innova/6 private equity fund - An equity investment of up to EUR 40 million in Innova/6 (the "Fund").  The Fund will seek to generate long-term capital gains from equity and  quasi-equity buyout investments in a diversified portfolio of mid-cap companies  in Poland and Central and South Eastern Europe ("CSE") with a primary focus on  Poland.
EaP SMEC - ArmSwissBank Senior unsecured loan of up to USD 4 million for SME financing under the SME  Competitiveness Programme in EAP ("SME Competitiveness Programme"). The  maturity will be 4 years, repayable in 5 equal semi-annual instalments  following a grace period of 2 years.  The loan will contribute to the objective of upgrading technology and equipment  of Armenian MSMEs to EU standards in terms of product quality, health and  safety measures and environmental preservation. At least 70 per cent of all  financed sub-loans are expected to be compliant with EBRD Green Economy  Transition (GET) approach.
Garanti Bankasi Covered Bond The European Bank for Reconstruction and Development (EBRD) is investing the  equivalent of up to EUR 75 million in Turkish lira (TRY) in a private placement  of a covered bond issued by Turkiye Garanti Bankasi AS (Garanti). The covered  bond is backed by a portfolio of residential mortgages and expected to be rated  Baa1 by the rating's agency Moody's.  The transaction will support Garanti in accessing medium- to long-term funding  in local currency by using a covered bond instrument collateralised against a  pool of residential mortgage loans.  The proceeds will increase financial intermediation and financing of energy  efficiency investments and assist Turkish households in mitigating increasing  energy prices and reducing high energy intensity. Under the EBRD's Turkey  Residential Energy Efficiency Financing Facility (TuREEFF) Garanti plans to  build on its green mortgage financing and encourage developers to build more  energy efficient residential buildings to help decrease total levels of energy  consumption in the country, boost the economy and preserve the environment by  reducing CO2 emissions.
Sparkasse Bank Macedonia - SME Provision of a senior unsecured loan of up to EUR 23 million (the "Loan") to be  provided in two equal tranches of EUR 11.5 million under the Financial  Intermediaries Facility ("FIF", the "Programme").  The proceeds of the Bank's loan will be used exclusively for the purpose of  making sub-loans to micro-, small and medium sized enterprises in North  Macedonia. At least 30% of the of the proceeds will be used to finance  GET-eligible projects.
Western Balkans GEFF III - ProCredit Bank Macedonia Provision of a senior unsecured loan of up to EUR 1.5 million to be provided in  one tranche under the Western Balkans GEFF III - REpower Residential ("GEFF  III" or the"Programme").  The loan is intended to provide sub-loans to help finance investments in  high-performance energy efficiency technologies, materials and solutions  undertaken in or in relation to privately owned residential dwellings or  buildings, construction of GET-eligible High energy Performance Residential  Buildings (HPRBs) and eligible Energy Efficiency (EE) and/or Renewable Energy  (RE) projects in the Public Sector. 100% of the use of proceeds will be related  to Green Economy Transition ("GET") investments.
Investment in OTP Mortgage Bank covered bonds Investment of up to HUF 40 billion (approx. EUR 130 million), in any case up to  20% of the size of each issuance, in series of HUF denominated covered bonds to  be issued by OTP Mortgage Bank ("OTP MB") over a period of 3 years on the  Hungarian capital market.  The covered bond transaction will support OTP MB to access medium- to long-term  funding outside OTP Group and to comply with the mortgage funding adequacy  ratio introduced by the National Bank of Hungary ("NBH") with the objective to  improve the maturity mismatch between HUF-denominated assets and liabilities in  the banking sector.
Procredit Bank AD Belgrade - SME IV Provision of a long-term senior unsecured loan to ProCredit Bank AD Belgrade  for on-lending to small and medium-sized enterprises ("SMEs") in Serbia. The  loan is extended under the EBRD Financial Intermediaries Framework ("FIF").  The loan is intended to facilitate the expansion of lending to private  businesses through working capital lines and investment loans, including to  enterprises operating in economically less developed regions of the  country. The bank will aim to allocate up to 20% of the proceeds to  GET-eligible projects which are expected to come from investments in renewable  energy and energy efficient projects.
UniCredit Bank Serbia 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.  Provision of a senior unsecured loan to UniCredit Bank Serbia ("UCB" or the  "company") of up to EUR 75 million, under the Bank's Resilience Framework  ("RF") developed to address the economic impact of the Covid-19 pandemic.  Proceeds of the proposed loan will be on-lent to local private small and  medium-sized enterprises ("SMEs"), corporates and municipalities to cover  liquidity needs that may arise as a result of Covid-19.  The proceeds of the loan will help the company to continue lending to eligible  corporates, SMEs and municipalities in Serbia by providing liquidity in the  time of crisis following the Covid-19 pandemic.
Nef Housing (Subordinated Loan) Up to USD 60 million to a joint venture with a leading Turkish developer Timur  Gayrimenkul Gelistirme Yapi ve Yatirim Anonim Sirketi, or Nef. The EBRD's  commitment will be a blend of debt and equity.  The joint venture will invest in modern, highly sustainable and  earthquake-proof developments and redevelopments of residential and student  housing projects in Turkey, with a focus on urban regeneration.  The joint venture will allocate the majority of its capital to redevelopment  and regeneration projects, addressing Turkey's key priority of replenishing and  regenerating its existing old stock.  All assets will be developed in accordance with high sustainability  standards, with the design incorporating specifications required to achieve  Leadership in Energy and Environmental Design (LEED) Gold certification.
TAMEH CHP modernisation The EBRD providing a long term senior secured loan of up to PLN 320 million  (EUR 75 million equivalent) to Tameh Holding sp. z. o. o. (the "Company" or  "Tameh").  The loan will be used to finance a conversion of the existing mixed  fuel combined heat and power plant in Krakow ("Krakow CHP"), operated by  Tameh, into a gas fired unit (the "Project").  The implementation of the Project, which is expected to be completed by  2019, will improve operational efficiency of the Krakow CHP and enable  the unit, currently partly coal-fired, to fully withdraw from coal as a basic  fuel and meet environmental requirements under the EU Industrial Emissions  Directive ("IED").
SWIFT TIMIS Sub-Project, DTM: 53923 Loan of up to EUR 14.4 million to the Company, under the SWIFT Framework to  co-finance a EUR 239 million EU Large Infrastructure Operational Programme (" LIOP") (the "Project"). The tenor of the loan is 15 years, including four year  grace period for Project implementation.  The project will enable Aquatim: (i) to achieve compliance with the relevant EU  standards in the project area, and (ii) to enhance its long term asset  management plan and integrate climate change considerations.
Maridive and Oil Services A loan of up to USD 50 million to Maridive and Oil Services ("Maridive"), a  joint stock company incorporated in the Arab Republic of Egypt.  The Project will support the modernisation programme of the company's fleet via  partially financing the purchase of one offshore support vessel, partial  refinancing of its existing debt as well as supporting the company's working  capital needs.
UCSF: UAI Extension The Loan will be provided under the Ukrainian Corporate Support Facility. As  such, it is part of the Bank's effort to support existing clients during the  economic and political turmoil culminating in the recent events in Ukraine. In  the context of the liquidity crisis affecting Ukrainian companies, the Loan  will enable an existing client of the Bank to secure enough working capital  financing to farm 195,000ha in the 2016/2017 seasons.  By assisting this project, the EBRD commits more funds to one of the most  important and promising sectors of the Ukrainian economy in order to help  agribusiness companies address their liquidity and working capital needs. The  loan will also help restore the market's confidence and appetite for future  projects in the country.
D4/R7 Highway PPP project The Slovak Government has recently undertaken to construct two new sections of  the D4 Highway, forming part of the Trans-European Transport Network (TEN-T),  and three new sections of the R7 Expressway to ease access to Bratislava, the  Slovak capital, improving a key road corridor. The Project is being procured  under a Public Private Partnership model, whereby the Slovak Government is  planning to sign a Concession Agreement with a privately owned Concessionaire,  which will have the responsibility to finance, construct, operate and maintain  the Project roads. EBRD is planning to be a part of Lenders group to provide  long term financing for the Concessionaire.  The key objectives of the Project are to reduce traffic congestion in the  Slovak capital, Bratislava, speed up access to motorway networks (D4, D1, D2)  and partially reduce traffic on the road network in the catchment areas of  Bratislava. The Project also includes sections of the R7 expressway, whose  construction is expected to add to the radial roads to relieve the  drive-through sections of the existing radial roads in highly urbanized areas,  diversifying the available routes for traffic to and from Austria and Hungary.
RLF - MOST Logistics Terminal The Loan will finance the expansion of the Group's rail terminal in western  Ukraine near the border with Poland, including the development of a grain transhipment complex and container yards facility. Part of the loan proceeds  (estimated amount of EUR 3.8 million or 28% of total project cost) will be applied to finance expenditures incurred by the Company before the signing of  the loan agreement (retroactive financing), including construction costs and purchase of equipment.  The Project will improve Ukraine's transport connectivity with the EU by  addressing the shortage of modern transhipment capacity at the Ukrainian  / Polish border, which is one of the key infrastructure bottlenecks. Since the  beginning of the war on 24th February 2022, Ukraine has been facing  major disruptions to its economy and supply chains from the attacks on critical  infrastructure and the blockade of its sea ports by Russia. The Project  will facilitate the development of alternative transportation routes for grain  exports from Ukraine and the container flows between Ukraine and the EU, which  is of vital importance due to the ongoing war.
Nur Navoi Project The provision of an equity bridge loan of US$60 million to finance the  construction and operation of a pilot solar auction project of 100 MW installed  capacity located in Navoi region of Uzbekistan.  Nur Navoi is among first solar projects in Uzbekistan which will pave the way  for a pipeline of renewable projects in the country. It will contribute to  climate mitigation by adding 100 MW of solar generation capacity to the  national energy system and will assist the country in low-carbon transition,  reducing its current high reliance on thermal power generation.
Gjilan Wastewater Development Project Provision of a sovereign loan of up to EUR 10 million to the Government of  Kosovo to be on-granted to the regional water company Hidromorava ("RWC HM" or  the "Company") to finance a proportion of the extension and rehabilitation of  the wastewater collection network and construction of a new wastewater  treatment plant ("WWTP"). The loan will address critical wastewater treatment  needs in the City of Gjilan and neighbouring communities and will benefit an  estimated 110,000 inhabitants. The project will be co-financed with the  European Investment Bank ("EIB").  The financing will enable the Company to rehabilitate, upgrade and extend its  wastewater network, and construct a new centralised WWTP in order to collect  and treat the wastewater to the relevant EU environmental standards.  Implementation of the project will result in significant environmental benefits  to local freshwater resources by considerably reducing the volumes of raw  wastewater, and its associated pollutant loads, that will be discharged  straight into the river. The Project is expected to increase the number of  people connected the sewage network in the service area of the Company.
Davr Bank - MSME loan III The provision of a senior loan of US$ 10 million equivalent to Davr Bank to be  used for on-lending to eligible micro, small and medium-sized enterprises  (MSMEs) in Uzbekistan.  The proceeds of the loan will help Davr Bank to continue supporting eligible  MSMEs in Uzbekistan. At least 35 per cent of each tranche of the EBRD loan is  expected to be on-lent to women-led MSMEs.
Regional-Egypt II - QNB AlAhli Provision of a senior unsecured loan to QNB ALAHLI SAE ("QNB ALAHLI") of up to  USD 50 million under the regional GCF GEFF programme, of which up to USD 7.5  million is expected to be co-financed by the Green Climate Fund ("GCF").  The EBRD loan will enable QNB ALAHLI to (i) support on-lending to private  sub-borrowers for green, energy efficiency and renewable energy projects, which  are of particular relevance in the context of the high energy intensity of  Egypt's economy, and (ii) to support high performance technologies and services  supporting a green economy. Sub-borrowers include micro, small and medium-sized  enterporises (MSMEs) and individual households that operate across the  residential, agribusiness, industrial, commercial and service sectors.
Risk-sharing agreement OTP Bank Ukraine (RLF FSG) Food Security Guarantee ("FSG", the "Facility") in the form of an unfunded  risk-sharing instrument covering 60 per cent of the credit risk in newly  originated sub-loans with the total value of EUR 8.75 million equivalent to be  originated by JSC OTP Bank in Ukraine.  The Facility will support food security in Ukraine by enhancing OTPU's lending  capacity and providing much needed access to finance for Ukrainian private  companies operating in critical agri-related industries (farming, food and agri  produce processing, transportation and imports), with the ultimate goal of  preserving livelihoods in the country.
Savola Turkey Seasonal WC Provision of an up to EUR 20 million revolving working capital loan (the  "Loan") to Savola Gida Sanayi Ve Ticaret AS ("Savola Turkey", the "Company"), a  corporation incorporated in the Republic of Turkey, and an existing client of  the Bank.  The Loan will be used by Savola Turkey to procure inputs, namely crude  vegetable oil, for subsequent processing, bottling, and marketing.  The EBRD's financing will be used for the procurement of crude edible oil and  other inputs for further processing and distribution. The Bank aims to support  the Company as it expands operations with increased exports to new  international markets and new products launched.
Euro Manganese equity Equity investment into Euro Manganese (the "Company" or "EMG") via a private  placement of CAD 8.5 million in exchange for a minority stake in the Company.  The proceeds of the EBRD's investment will be passed on to EMG's subsidiary in  the Czech Republic for the purpose of completing a Feasibility Study and  building / operating a demonstration plant for the reprocessing of historic  mine tailings at the Chvaletice deposit (the "Project").  The Project is a flagship project that will meet some of the rapidly increasing  demand for high-purity manganese in Europe and offer a local and reliable  supply to European battery manufacturers.  From a socioeconomic and environmental perspective, as well as a health impact  perspective, the Project will have a positive effect as it will remediate a  polluted site through the implementation of high environmental standards and  engineering practices. In addition, it is expected to support regional economic  development following the significant slowdown in the Czech economy caused by  the COVID-19 pandemic.  The transaction is fully aligned with the Country Strategy for the Czech  Republic approved by the Board on 15 September 2021, which highlights the need  to focus on supporting a green recovery and diversifying financing resources,  including by providing equity to private companies. Green investments are a  priority both for the Czech Republic government and under the EU Recovery and  Resilience Facility and next Multiannual Financial Framework. The transaction  is also aligned with the Mining Operations Policy dated 13 December 2017, which  highlights the need to "support environmentally responsible mine remediation  and remediation of contaminated sites". In addition, the Project is in line  with the Strategy for the Promotion of Gender Equality, which promotes gender  mainstreaming into EBRD operations, especially in male-dominated sectors.
KR Water Framework - Nookat Water sub-project The Project will finance critical drinking water supply improvements in Nookat,  including rehabilitating water systems, household metering and O&amp;amp;M equipment  procurement. The Project fully complies with the Bank's Country Strategy for  the Kyrgyz Republic (BDS/KY/19-01F) and corresponds to the current MEI Sector  Strategy (BDS19-069(F)). Moreover, the Project fully aligns with the Green  Economy Transition (GET) Approach BDS15-196(F)), promoting climate change  adaptation and ensuring availability and sustainable management of water and  sanitation, as well as the Strategy for the Promotion of Gender Equality  2016-2020 (BDS15-264/(F)). It positively contributes to SDG 6 and SDG 5.  Mobilised amount is EUR 2 million.  Null Value
Dundee Precious Metals Equity Equity investment to support the development of the Krumovgrad gold-silver  project in south-eastern Bulgaria that involves construction of an open-pit  mining and processing operation at the total project cost of USD 184 million  (the "Project"). The Project is developed by Dundee Precious Metals, a Canadian  publicly listed (TSX) gold and copper mining and processing company with  operations and exploration prospects in Bulgaria, Serbia, Armenia and Namibia.  Proceeds from the Bank's investment will be used to support the development of  Krumovgrad gold-silver project. The Project will include a number of  innovations that the Bank will contribute to finance, notably: (i) stage  flotation reactors ("SFR") that will contribute to achieve high metal  recoveries; (ii) an integrated mine waste facility ("IMWF"), that will  economise the footprint of the project through co-disposal of mine waste and  process tailings and yield considerable savings from dewatering and (iii)  advanced telecommunications systems based on the "Internet of Things" and  organisational practices that will enhance the operational efficiency and  safety at the mine from the onset. Moreover, the mine will produce gold-silver  concentrate thereby avoiding the use and disposal of cyanide on site.
RLF - AS LHV Group Bail-in Senior Preferred Bond A standalone investment of up to EUR 25 million, but not more than 50 per cent  of the issue size, in MREL-eligible senior preferred bonds ("SP Bonds") to be  issued by AS LHV Group.  On 7 November 2022, EBRD invested EUR 15 million in the issuance of EUR 100  million senior preferred bonds.  The Project aims to support the resilience of LHV Group, the largest  domestically owned financial group in Estonia in building up loss absorption  capacity and maintaining access to capital markets with bail-in-able  instruments at times of heightened geopolitical and macroeconomic  uncertainty and reduced investors' appetite. In addition, the Project aims at  ensuring uninterrupted lending to SMEs in Estonia, directly or indirectly  affected by economic consequences of the war on Ukraine.