devinitorg/iati-policy-markers huggingface dataset:
Green Cities 2 W2 E2 Pristina Solar District Heating The Project consist of the construction of a solar thermal plant with a 30 MW  capacity to provide additional heat energy capacity and extension of the  district heating ("DH") network of the city of Pristina (the "Project"). The  Project's scope includes a network extension which will be implemented in  stages, with the first stage of up to 50 MW, of which 30 MW will be supplied  from the solar thermal plant financed by the Project. The remaining 20 MW of  network extension will be supplied from the existing combined heat and power  ("CHP") facility at Kosovo B where no increase in coal consumption is expected  due to the operating characteristics of the plant and its use of baseload  electricity production. A further 20 MW network extension for a total capacity  of 70 MW will be considered at a later stage, subject to further due diligence  including confirmation of Paris Agreement alignment.  The Project aims to    * increase the share of renewable energy in Pristina's DH network, thereby  enhancing Pristina's energy security and sustainability; and   * improve the financial and operational performance of Termokos JSC (the  "Client" or the "Company") through the revision of tariff setting methodology  and preparation of an infrastructure asset management plan
RF- MFO KMF MSME loan The provision of a senior unsecured loan of up to US$ 40 million in KZT  equivalent to microfinance organization KMF ("KMF" or the "Company") will help  to address the economic impact of the Covid-19 pandemic. Proceeds of the  proposed loan will be on-lent to local private micro-, small and medium-sized  enterprises ("MSMEs") and individuals for business purposes to cover liquidity  needs that may arise as a result of Covid-19. This project was approved as part  of the Bank's response to the Covid-19 pandemic.  The operation will enable KMF to increase the availability of short-term  financing to MSMEs and individuals facing liquidity stress due to the Covid-19  crisis in Kazakhstan.
Horizon Capital - EEGFIII An additional equity commitment of up to USD 10 million to Emerging Europe  Growth Fund III (the "Fund"), a Delaware limited partnership.  The Fund seeks to generate long-term capital appreciation through equity and  quasi-equity investments in growth-oriented small and medium-sized enterprises  and mid-market companies primarily in Ukraine and Moldova.
nimetal II Project 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 the Directive on Access to Information. Details  of the Bank's response to COVID-19, and this deviation, can be found on our  website.  Proposed transaction is a senior secured loan of up to AZN 6mn (EUR 3.3mn)  equivalent (the "Loan") to Unimetal LLC ("Unimetal" or the "Borrower"), one of  the leading producers and traders of the construction materials in Azerbaijan.  The Bank will support the Unimetal to address the impact of COVID-19 on its  operations and financial performance. The loan is composed of AZN 2.125mn  committed and AZN 3.875mn uncommitted tranches.  The Loan will provide the Unimetal with necessary liquidity and working capital  buffer to support its operations under the adverse market conditions due to  COVID-19 impact. The committed tranche (AZN 2.125mn) will be used to refinance  the principal repayment needs under the existing EBRD loan. The uncommitted  tranche (AZN 3.875mn) will help the borrower adress the liquidity gap during  the post-lockdown recovery period.
Regional - GEFF Armenia - Armswissbank II Senior unsecured loan of up to USD 4 million under the GCF GEFF Regional  Framework in Armenia ("GEFF Programme"), with 75% to be provided out of EBRD  resources and 25% - by Green Climate Fund ("GCF"). 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 building a green economy in  Armenia by on-lending to private sector sub-borrowers for investments into  climate change mitigation and adaptation technologies and services in line with  GCF GEFF Policy Statement.
Green Cities -Energy Efficient Refurbishment of Zenica Hospital The Project is focused on the energy efficient refurbishment of the Zenica  Cantonal Hospital ("the Hospital") fully owned by Zenica-Doboj Canton ("the  Canton").   For this purpose, the EBRD provision of a sovereign loan of EUR 10.0 million  ("the Loan") to be on-lent via the Federation of Bosnia and Herzegovina  ("FBiH") to the Canton. In addition, the Project will be co-financed by a  Regional Energy Efficiency Programme ("REEP") investment grant of EUR 1.0  million, and will benefit from Technical Cooperation support of EUR 0.7 million.  EBRD's financing will be used to finance the most urgent infrastructure needs  of the hospital: energy efficient refurbishment of existing facilities,  increase of the hospital's usable area through construction of an energy  efficient extension as well as solving the problem of periodic flooding of the  basement. Overall, the Project's investments will have large scale  environmental benefits and will considerably increase thermal comfort and  quality of service for the patients of the hospital, estimated at 310,000  people annually.  The operation is a sub-project under the Green Cities Framework ("GrCF")  which is established to provide loans to governments, municipalities, municipal  owned and private companies providing municipal services. The over-arching aim  of the GrCF is to serve as a sector-wide catalyst for addressing environmental  challenges at the Municipal/City level.  This is underpinned through the  implementation of a Green Cities Action Plan ("GCAP"), which is a strategic  document whereby environmental challenges are benchmarked, priority areas for  environmental improvements identified, environmental objectives defined and  indicative investments determined.  The relative loan agreement and project agreement were respectively signed in  June 2018 and July 2018.  The main purpose of the Project is to increase energy efficiency of the  hospital, reduce CO2 emissions and other associated environmental impacts. The  Project also includes a climate adaptation component through the introduction  of anti-flooding measures. The envisaged investment has significant  environmental and health benefits and will considerably increase the quality  and efficiency of services provided by the hospital.
Ezdehar - Egypt Mid-Cap Fund The EBRD is making an equity commitment of USD 20 million to Ezdehar Egypt  Mid-Cap Fund (the "Fund").  The Fund is targeting USD 100 million of capital commitments and will make  equity and equity-related investments into Small and Medium sized Enterprises  ("SMEs") in Egypt.  The Bank's participation will help mobilise additional private sector  investment in the Fund.
UzPSB SME Senior Loan II The provision of a two-year senior loan of up to US$ 25 million in the local  currency equivalent to Uzpromstroybank JSCB (UzPSB). The Loan will be provided  in two tranches of US$ 15 million and US$ 10 million, the second tranche will  be uncommitted. The Loan will be provided under the Financial Intermediaries  Framework ("FIF"). Loan proceeds will be on-lent to local small and medium  companies and private entrepreneurs as per the eligibility criteria defined in  the Policy Statement for SMEs. The use of proceeds will be monitored based on  quarterly sub-loan reports provided by UzPSB.  The proceeds of the Bank's financing will support UzPSB's funding base and  enable the bank to continue local currency lending to small and medium-sized  businesses in Uzbekistan. The project will help channel the EBRD funding into  the real sector of Uzbekistan and send a signal of confidence in UzPSB, its  adherence to the reform agenda and in the resilience of the Uzbekistan  financial sector.
Chernivtsi District Heating Project The EBRD is providing a loan to the district heating utility Municipal Communal  Enterprise 'Chernivtsiteplokomunenergo' (the 'Company'), operating in the City  of Chernivtsi (the 'City') to finance the installation of individual heating  sub-stations, biofuel boilers, network replacement with pre-insulated pipes,  modernisation of boilers and control systems, and the installation of  monitoring and dispatching system in the City (the 'Project').  The project aims at significantly improving the energy efficiency, reducing  energy losses, gas and electricity consumption and improving the quality of  heat and hot water supply services in the City.
G4G: RBI Ukraine An unfunded guarantee of up to €75 million in local currency equivalent in  favour of Raiffeisen Bank Ukraine (RBUA), a joint stock company incorporated in  Ukraine. The guarantee will have an initial tenor of three years.  The guarantee will cover the risk of non-payment of local currency sovereign  bonds held by RBUA. The guarantee will enable RBUA to make new sub-loans to  private sector borrowers at a multiple of the guaranteed amount. At least €22.5  million in local currency equivalent will be allocated towards Green Economy  Transition (GET) eligible sub-projects.
- Georgian Air Navigation The Project aims to address the urgent need of liquidity support to Georgian  Air Navigation in the period of unprecedented economic impacts of COVID-19  crisis. The proposed transaction is in line with the Vital Infrastructure  Support Programme (VISP) under the Bank's COVID-19 Solidarity Package.  The goal of the Project is to support the Georgian Air Navigation (the  "Company") to overcome a temporary shock and focus on its key functions.
Credit Europe Bank Romania MSME L A senior loan to Credit Europe Bank (Romania) SA in the amount of up to EUR 40  million. The financing will be used for on-lending to eligible private micro,  small and medium-sized enterprises (MSMEs) in Romania.  The loan facility will support the business development plans of Credit Europe  Bank (Romania) SA in the MSME sector, boosting access to finance for eligible  MSMEs, in line with the EBRD's policies for MSME lending.
RSF Mobiasbanca - GCC RF Working capital loan 1 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 the Directive on Access to Information. Details of  the Bank's response to Covid-19, and this deviation, can be found on our  website.  A working capital facility for Glass Container Company SA ("GCC", "Company"  or "Borrower").  The financing will fill the gap arising from lower sales and negative impact of  Covid-19. This will support the borrower's working capital needs - mainly to  maintain stable production levels as economies of scale is of critical  importance to glass producers.
Kitchener Drain Depollution - Drain Rehabilitation Sovereign loan of up to EUR 131 million to the Government of Egypt to finance  the drain infrastructure rehabilitation component of the integrated depollution  programme of the Kitchener Drain, the main agricultural drain passing through  the governorates of Kafr El Sheikh, Gharbeya and Dekheila in the Delta region.  The proposed loan is expected to finance (i) drain rehabilitation works  (dredging of canals, and rehabilitation and construction of new pumping  stations), (ii) diversion works of the Omar Bek sub basin and (iii)  installation of a monitoring system for water flow and quality (the "Project").  The drain rehabilitation is one of three components forming the integrated  depollution programme of the Kitchener Drain. The other two components consist  of (i) wastewater expansion and plant rehabilitation project proposed to be  financed by the EIB and (ii) municipal solid waste management project, proposed  to be financed by the Bank.  The Kitchener Drain is one of the most severely polluted drains in Egypt  causing significant environmental, economic and social harm. It extends 69 km  and passes through the governorates of Kafr El Sheikh, Gharbeya and Dekheila  and discharges into the Mediterranean Sea. Pollution of the Kitchener Drain  emanates from three main sources: (i) domestic wastewater (poorly treated  and/or untreated) from numerous villages within the three governorates; (ii)  uncontrolled municipal solid waste disposed of along the banks and into the  drains; (iii) industrial wastewater discharge and (iv) fertilisers and  pesticides discharges from the agricultural drainage system.   The integrated programme will be the first programme in Egypt testing a new  cross-sectoral approach that will support the depollution of the Mediterranean  Sea and improve the health and environmental situation of the people living in  the drain catchment area as well as strengthen the economy by improving the  irrigation water quality in the three governorates.  The Project will improve the hydraulic performance and management of the  drain, reduce energy consumption and further reduce the pollution in the  Damietta Branch of the Nile River. Additionally, the introduction of a  monitoring system will help control the level of pollutants in the water,  demonstrating the development of new environmental technologies in Egypt.
Zorlu Osmangazi Bond The Bank has subscribed TRY 70 million (EUR 15 million) in Zorlu Osmangazi  Enerji Sanayi ve Ticaret A.S.'s ("Zorlu Osmangazi") TRY 175 million (EUR 38  million) local currency bond issuance. This issue is part of the company's TRY  500 million (EUR 107 million) bond programme as approved by the Capital Markets  Board of Turkey.  Successful placement of the TRLIBOR-linked 3-year bond supports Zorlu Osmangazi  to finance capital expenditure investments to upgrade and expand the  electricity distribution network of the Osmangazi region in Turkey. 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.
Resilience Framework: ACBA bank Provision of a senior unsecured loan to ACBA bank of up to USD 20 million under  the Bank's Resilience Framework (RF). The loan proceeds will used for  on-lending to MSMEs and larger companies in line with the Policy Statement of  the Resilience Framework.  Similar to many countries, the coronavrius pandemic and efforts to contain it  are having a major negative impact on economic activity in Armenia. Against  this backdrop, liquidity support to the private sector is pivotal to the  country's ability to weather the economic downturn, reduce its vulnerability to  internal and external factors and achieve quicker recovery.  With the banking sector accounting for 90% of total financial intermediation  in the country, bank loans are the main source of finance for the private  sector. However, supply of commercial credit has almost ceased as the banks  have shifted their focus on further strengthening their balance sheet buffers.  The proceeds of the Bank's investment will be used to on-lend to private MSMEs  and corporates clients in the Covid-19 environment, supporting their funding  needs and resilience. EBRD will not only provide funding to ACBA bank, but also  provide comfort to other lenders and potentially facilitate attraction of more  funding from them by ACBA bank.
EaP SMEC loan facility II - Victoriabank A senior unsecured loan of up to EUR 5 million to be provided to Victoriabank  ("VB"), an existing EBRD client in Moldova, for on-lending to eligible micro,  small and medium-sized enterprises ("MSMEs") under the SME Competitiveness  Programme in the Eastern Partnership of the EU. The loan will consist of two  equal tranches, with the second tranche uncommitted and available at the sole  discretion of the EBRD.  The project will enable VB to support the investments of local MSMEs in  upgrading their technology and equipment necessary to meet EU standards  (product quality, health and safety measures and environmental preservation).  At least 70% of the financed sub-loans are expected to comply with EBRD Green  Economy Transition ("GET") approach.
Croatia: Raiffeisen Factoring Programme The EBRD is providing a senior loan of up to EUR 90 million to Raiffeisen  factoring d.o.o in Croatia.  The proceeds of the EBRD loan will be used for the purpose of providing  factoring services to SME and corporate clients in Croatia with increased  regional presence.
AS Citadele Banka bonds An investment of up to € 50 million senior preferred (SP) bonds to be issued by  AS Citadele Banka and dually listed on the Irish Stock Exchange plc trading as  Euronext Dublin and Nasdaq Riga AS. The project represents the first SP bond  issuance out of Latvia since the introduction of the EU Bank Recovery and  Resolution Directive and the EU minimum requirement for own funds and eligible  liabilities (MREL) guidelines in the country.  The project aims to support the resilience and regulatory compliance of the  second largest bank in Latvia and contributes to the capital market development  by attracting international investors to the Baltic region. The project will  also support the EBRD's Green Economy Transition (GET) approach with most of  the Bank's investment allocated for financing GET-eligible subprojects.
Sabac Buildings Energy Efficiency The provision of debt financing to the Sabac District Heating Company (the  "Company" or the DH Company or the "Client") to finance implementation of  energy efficiency (EE) measures in up to 40 residential multi-store buildings  (the "Project") in the City of Sabac, Serbia (the "City").  Contribution to the implementation of EE measures in up to 40 residential  multi-store buildings, including insulation measures and introduction of  thermostatic valves, heat allocators, and consumption-based billing system. As  residential buildings account for a significant portion of the heating demand,  the Project will address a key contributor to the emissions and energy  consumption in the City.
Bank CenterCredit MSME ll Loan The EBRD is providing a 5 year senior loan to Bank CenterCredit in the amount  of KZT 9.3 billion (ca. USD 50 million).  The financing will be used for on-lending to eligible private micro, small and  medium sized enterprises (MSMEs) in Kazakhstan.
RLF - RLG - Bank Lviv 2023 Resilience and Livelihoods Guarantee (RLG) sub-limit under the Resilience and  Livelihoods Framework in the form of an unfunded portfolio risk-sharing  instrument in the amount of up to €6.375 million (in two equal tranches). The  guarantee covers up to 50 per cent of the credit risk in newly originated  sub-loans with the total value of € 25.5 million equivalent (the "Covered  Portfolio") subject to total 50 per cent of portfolio cap. The instrument has a  maximum tenor of up to 2 years.  The facility will be used to support lending to Ukrainian private companies  (predominantly MSMEs) operating in the primary and secondary agriculture and  other critical industries (inter alia food processing, retail, logistics), with  the ultimate goal of preserving livelihoods in Ukraine.
Zagrebacki Holding Sustainability-Linked Bond The EBRD invested EUR 72.5 million in the Zagrebacki Holding's (the "ZGH") EUR  305 million sustainability-linked bond ("SLB"). The bond has a 5-year maturity  and was issued to refinance the ZGH's existing EUR 305 million bond issued in  2016 and 2017, in which the EBRD also invested.  The bond will be listed on Zagreb Stock Exchange.  With its investment, EBRD supported the first SLB issuance by municipality /  public sector in Croatia. The bond is aligned with the International Capital  Market Association's (ICMA) guidelines for sustainability-linked bonds as  verified independently by second party opinion provider. The bond will also  support ZGH in improving the waste management practices and increasing a share  of renewable energy consumption. The key performance indicators of the SLB are  found to be relevant to the SLB principles and material. The Project supports  local capital market development as well as ZGH's balance sheet restructuring,  improving ZGH's resilience to external shocks and investment potential.
Resilience Framework: National Bank of Egypt 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 theDirective 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 National Bank of Egypt (NBE) of up to  USD 100 million, under the Bank's Resilience Framework (RF). The RF is  developed to address the ramifications of the COVID-19 pandemic. Proceeds of  the proposed loan will be on-lent to local private small and medium-sized  enterprises (SMEs) and corporates, supporting them in bridging the liquidity  needs that may arise as a result of the outbreak.  The financing will help NBE provide funding to SMEs and corporates experiencing  either a decrease in their activity, turnover, and/or profitability.
Euroins Bulgaria Equity The proposed transaction is a direct equity investment in Euroins Insurance  Group AD ("EIG") via participation in a share capital increase.  The investment will enable EIG to strengthen its balance sheet, support future  growth and scale up operations in various EBRD countries of operation.
Winner Group Project EUR 20 million senior secured loan to Winner Group, US-owned leading Ukrainian  importer and retailer of several well-known international vehicle brands.  Financing will focus on green economy transition and circular economy through  investments in new sustainable dealerships for Renault and Volvo, expansion of  client's logistic capacities, distribution and service infrastructure for  vehicles, including electric.  All building financed by the Bank will obtain BREEAM or EDGE sustainable  certification. Project contributes to the adoption of advanced green practices  in a country where such standards and practices are still uncommon, for  instance, according to the latest data, only 12 BREEAM certificates have been  issued in Ukraine to date with only one certificate issued in the retail  category.
Ukrposhta Logistics Development The provision of a senior sovereign-guaranteed loan of up to €63 million to  Ukrposhta JSC, the national postal operator of Ukraine, consisting of three  tranches:  i Tranche 1 of up to €23 million for the acquisition and equipping of postal  vans to be deployed in rural areas ("Mobile Post Offices")  ii Tranche 2 of up to €30 million for the development of modern automated  sorting hubs in the regional centres and an associated network of regional  sorting depots, aquisition of e-bikes and trucks for the Company's operating  fleet.  iii Tranche 3 of up EUR 10 million for the acquisition and equipping of  additional postal vans to complete the program of Mobile Post Office deployment  in rural areas across the country, as well as investments in universal mobile  devices and Front Office Digitalisation component (IT systems for mobile post  office).  The first and third tranches will support the reorganisation of Ukrposhta's  branch network to ensure sustainable provision of modern delivery, retail and  other services to the country's rural population.  The second tranche will help focus on the transformation of Ukrposhta's  logistical model to improve operating efficiency and quality of service in its  delivery business.
Telecom Armenia An up to USD 20m participation in an up to USD 45m senior secured facility in  favour of Telecom Armenia, to refinance the Company's existing debt - largely  resulting from its leveraged acquisition by Team LLC, and to finance its growth  capex plan, including network expansion in rural areas.  The proceeds of EBRD's USD 20m loan shall be allocated to i) financing fibre  network capex in the amount of USD 3.0m, as well as ii) refinancing existing  debt in the amount of up to USD 17.0m (together the "Project").