devinitorg/iati-policy-markers huggingface dataset:
EaP SMEC - MAIB 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 senior unsecured loan up to EUR 15 million with 4 years maturity including  1 year grace period; for on-lending to eligible SMEs. The loan will be  available in 3 tranches of EUR 5 mln each.  SME Competitiveness Programme in Eastern Partnership, is a follow-on facility  of the existing FI DCFTA Blended Finance Programme (DCFTA), designed for  Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine to support upgrades  in micro, small and medium-sized enterprises (MSME) to EU standards applicable  under the DCFTA in environmental protection, health and safety and product  quality/safety. The proposed project will enable Moldova-Agroindbank (MAIB) to  extend loans for investment purposes by local small and medium-sized  enterprises (SMEs) in upgrade of technology and equipment necessary to meet EU  standards in terms of product quality, health and safety measures and  environmental preservation.
Green Cities 2 W2 - Minsk VK Provision of a sovereign loan of up to EUR 84 million to Minsk Vodokanal (UE  "Minskvodokanal" or "Company"), a municipal enterprise wholly owned by the City  of Minsk (the "City"), to finance rehabilitation and reconstruction of the  Minsk wastewater facilities. The proposed EBRD loan will be co-financed in  equal amount by the European Investment Bank (EIB).  The EBRD loan will be used to co-finance: (i) reconstruction of the Minsk  wastewater treatment plant to eliminate odour, optimise use of the existing  facilities and enhance wastewater treatment efficiency of the plant in line  with national and EU requirements; and (ii) construction of sludge treatment  facilities (including digestion, dewatering, drying and incineration) in line  with EU best available techniques on the premises of the wastewater facilities.  The Project aims to rehabilitate the existing wastewater treatment plant to  enhance wastewater treatment efficiency and its performance, and construct a  cost efficient, modern sludge management and disposal facility, including  energy and heat recovery technology from sludge biogas utilisation in the City.  Implementation of the Project aims to provide environmental benefits and  improve social conditions in the project area of influence. In particular, the  following positive effects are envisaged:    * More reliable waste water disposal services and more efficient waste water  treatment;   * Improved quality of life across the Project area;   * Significant reduction of impacts on local communities and environment,  including air, soil and ground water, River Svisloch and its ecosystems (and  subsequently the Dnieper River and the Black Sea basin) as well as minimization  of odour emissions;   * Reduction of risks to community health and safety related to the wastewater  plant operations, enhanced safety of the Company's operational sites;   * More efficient use of natural resources due to a reduction of water losses  and enhanced energy saving performance of the processes, utilization of energy  content of the wastes;   * Improved working conditions and enhanced OHS performance at the Company's  facilities;   * Employment generation at contractor companies for the period of  construction;   * Procurement opportunities generated for national and local businesses  during project implementation;   * Reduction of greenhouse gas emissions in the long run. The Project  will facilitate the advancement of tariff reform and improvement of the  Company's corporate governance and capacity. The Project also aims to introduce  better contractual arrangements between the Company and the City.
Tur Women in Business  II - Akbank II The provision of an A/B loan of up to USD 50 million (EUR 46.7 million)  to  Akbank T.A.S. ("Akbank" or "AB") under the Turkiye Women in Business II  ("TurWiB II"), a blended programme established under the Financial  Intermediaries Framework ("FIF") to support financing for women-led small and  medium-sized enterprises (SMEs) to promote women entrepreneurship in Turkiye.  TurWiB II is an integrated and dedicated programme supporting women  entrepreneurship and women-led SMEs. EBRD financing will be accompanied by (i)  a continuing technical cooperation programme for AB under first credit line of  TurWiB II that is still ongoing to help to build their internal capacity to  better serve this segment, and (ii) a risk sharing mechanism supported by the  Turkish Credit Guarantee Fund ("CGF") 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.
DL Invest Project Provision of a  loan of up to EUR 72 million in favour of a newly established  limited liability company (the "Borrower"), incorporated in Poland, to develop  and operate build-to-suit ("BTS") logistics projects (the "Sub-Projects" and  taken together the "Project") in regional cities in Poland. DL Invest Group PM  S.A.  (the "Client") owns 100% of the Borrower and will act as the developer of  the Project.  The EBRD funding will support the development and operation of the  Sub-Projects.
EfTEN Baltics Sustainable Property Fund Provision of an equity investment of up to EUR 30 million in favour of  Usaldusfond EfTEN Real Estate Fund 4 (the "Fund"), a closed-end investment fund  incorporated in Estonia. This would be the first green property fund in the  Baltics with climate agenda and green objectives as an integral part of the  business concept.  The Fund's objective is to invest in high quality cash flow generating real  estate assets across Estonia, Latvia and Lithuania (the "Region"). The Fund  will invest primarily in the office, retail and logistics sectors mainly in the  capitals and secondary cities of the Region. The Fund will become the first  fund in the Region to integrate ambitious climate objectives and a focus on  building sustainability alongside a commercial rationale. The Fund will also be  the first in the Region to join the Global Real Estate Sustainability Benchmark  ("GRESB"), an organization committed to assessing economic, social and  corporate governance ("ESG") performance of real estate assets globally.
Mitrovica Wastewater Development Project Provision of a sovereign loan of up to EUR 13.5 million to the Government of  Kosovo for the regional water company Mitrovica ("RWCM" or the "Company") to  finance a proportion of the extension and rehabilitation of the wastewater  collection network and construction of a new wastewater treatment plan  ("WWTP"). The loan will address critical wastewater treatment needs in the  municipality of Mitrovica, the municipality of Vushtry and connecting  neighboring municipalities and will benefit an estimated 211,000 inhabitants.  The project will be co-financed with the European Investment Bank ("EIB"). An  investment grant of up to EUR 5 million will be provided the Western Balkans  Investment Framework ("WBIF").  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. The  implementation of the project will result in significant environmental benefits  to local freshwater resources by considerably reducing the volumes of raw  wastewater and associated pollutant loads that will be discharged straight into  the river. The project is expected to increase the number of people connected  to the sewage network in the service area of the company.
Regional National Bank of Egypt Green SME Loan Provision of a senior unsecured loan to National Bank of Egypt ("NBE") of up to  USD 100 million, of which up to USD 75 million to be provided by EBRD and up to  USD 25 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 across the industrial,  commercial, transport and agricultural sectors by local private sector Small  and Medium Enterprises ("SMEs"), in line with the standards and reporting  requirements for GEFF in Egypt.
Netlog CapEx Project Provision of a senior loan of up to EUR 25 million (or TRY equivalent) to  Netlog Lojistik Hizmetleri A.S. ("Netlog" or the "Borrower"). The Bank's  investment will be used for financing the capital expenditures of the Borrower  including (i) the acquisition of electric vehicles ("EVs"), to be used for  deliveries across Turkey; (ii) the upgrading and expansion of the existing  racking system of the Borrower's e-fulfilment centres to increase its storage  capacity; and (iii) the acquisition of e-commerce mechanization equipment and  supporting materials for their e-fulfilment centres (the "Project").  Netlog targets to be the first business to consumer ("B2C") operator in  Turkey to deliver half of its shipments via zero-emission vehicles, in addition  to increasing the storage capacity and improving the operational efficiency by  modernisation of the mechanisation equipment in its e-fulfilment centres.  The Project's overall objective is to achieve the Borrower's expansion in  consumer delivery operations and improve its operational efficiency in the  e-commerce business line, maintaining good financial and operational  performance and GHG savings.
Raiffeisen Factoring Croatia II The EBRD is providing a senior loan of up to EUR 40 million to Raiffeisen  factoring d.o.o in Croatia ('RFC') for the purpose of providing factoring  services to SME and corporate clients in Croatia.  Null Value
Regional - GEFF Armenia - ACBA Bank II Provision of a senior unsecured loan to ACBA bank of up to USD 5 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 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.
Sustainable Reboot SME - Banca Intesa Belgrade Provision of a long-term senior unsecured loan to Banca Intesa Belgrade ("BIB")  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 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.
FW - Morocco II - BMCI - GEFF II Provision of up to EUR 25 million unsecured loan under the GCF GEFF Regional-  Morocco II framework to BMCI, of which up to EUR 23.750,000 equivalent in MAD  to be provided by EBRD and up to EUR 1,250,000 by the Green Climate Fund  ("GCF") under the GCF-Green Economy Financing Facility ("GEFF") Regional  Framework. The proceeds of the GCF GEFF loan will be on lent to private  companies to finance Green Economy investments in climate change mitigation and  adaptation technologies.  The project will facilitate a green economy in Morocco by on lending to  individuals and private sector sub-borrowers to implement green investments in  energy efficiency, renewable energy and climate resilience measures.
Schuldschein by Valeo A EUR 75 million participation in the long-term tranches of an ESG-linked  Schuldschein by Valeo SE (the "Company"), a Societas Europaea incorporated and  existing under the laws of France. The Bank's proceeds will support the  Company's investments in Egypt, Tunisia and Turkiye.  The project will support Valeo's R&amp;amp;D efforts in Egypt as well as its green  initiatives in Turkiye, contributing to achieving carbon neutrality by 2050. In  particular, the use of proceeds will support: (i) the Group's R&amp;amp;D center in  Egypt for developing software for Electric and Hybrid Vehicles, the site  develops 50% of the Group's software production worldwide exporting 100% of its  services across the globe; (ii) production of components for hybrid/electric  vehicles (EVs) in Turkiye; and (iii) new capex in Tunisia to build a greenfield  plant.
Brisa Tyres Loan The EBRD originally provided a long-term loan of USD 150m to Brisa Bridgestone  Sabanci Lastik Sanayi ve Ticaret A.S. (the "Company") in 2016 to finance the  construction of a new tyre plant in Aksaray, a city in Central Anatolia in  Turkey. The loan also contributed to the acquisition of additional equipment  for the Company's existing plant located in Izmit, a city in North-Western  Anatolia, Turkey.  The EBRD is providing an additional long-term loan to the Company of USD 17  million to finance the last phase acquisition of certain machinery and  equipment at its new Aksaray tyre plant.  The Project envisages that the new Aksaray plant will have an annual production  capacity of almost 2.5 million tyres for passenger cars and light commercial  vehicles. The Izmit plant will increase its capacity for the truck and bus  segment.
Banca Transilvania - Senior Non-Preferred Bonds The EBRD invested EUR 90 million in the senior non-preferred ("SNP") public  bond issuance of EUR 500 million placed by Banca Transilvania S.A. ("BT"), a  commercial bank incorporated in Romania, on 21 April 2023. The bond is listed  on the Euronext Dublin Stock Exchange.  The EBRD further invested EUR 40 million in a EUR-denominated, senior  non-preferred sustainability international bond issuance of EUR 500 million  launched by BT on 29 November 2023. The bond is listed on the Euronext Dublin  Stock Exchange.  The project contributes to the resilience and compliance with MREL (Minimum  Requirements for Own Lending and Eligible Funds) requirements of the largest  systemic bank in Romania, facilitates capital market development and further  promotes BT's green agenda by supporting the financing of sustainable  investments.
EaP SMEC - TBC Bank Loan II Senior unsecured loan in the amount of up to USD 20 mln equivalent in GEL to be  provided to TBC Bank to support investment financing for micro, small and  medium sized enterprises ("MSMEs") in Georgia, and promote EU standards in the  market under the Eastern Partnership SME Competitiveness ("EaP SMEC")  Programme, a successor to the DCFTA Programme, for sustainable investments in  technology and equipment.  The project will enable the bank to finance medium to long-term investments of  Georgian MSMEs in upgrading their technology and equipment necessary to meet EU  standards in terms of product quality, health and safety measures and  environmental protection, enhancing their competitiveness locally and  regionally.  The Project aims to deliver at least 75% of sub-loans complying  with EBRD Green Economy Transition (GET) approach.
Resource EEE Partners III L.P. An equity commitment of up to EUR 40 million in favour of Resource Eastern  European Equity Partners III SCA SICAV-RAIF (the "Fund").  The fund will seek to make equity and equity-related investments in small and  medium-sized enterprises ("SME"s) and lower mid-cap companies with the  objective of achieving long-term capital growth. It will invest in Poland and  also in selected opportunities in other central and eastern European countries  including Romania and the Baltic states.
Western Balkans GEFF II - NLB Banka Skopje Provision of a senior unsecured loan of up to EUR 2.0m (the "GEFF Loan") in two  equal tranches of EUR 1.0m (the 2nd tranche will be uncommitted) under the  Western Balkans Green Economy Financing Facility II (WB GEFF II).  The loan is envisaged to provide financing for on-lending to the residential  sector (individuals, housing collectives, producers, vendors of green  technologies and service providers) for investments supporting the Green  Economy Transition ("GET") in North Macedonia. It will build on the successful  utilisation of the first GEFF programme by NLB Banka a.d. Skopje ("NLB SK") -  the bank signed one credit line of EUR 3.0m (OpID 49721), which is almost fully  disbursed. This GEFF II line will satisfy the increasing demand created on the  market, which has proven to be solid and constant as awareness of the  advantages of the GEFF product are rising among banks and customers in North  Macedonia.
Yapi Kredi Bank - Tu Renewable Energy Efficiency Loan Investment of USD 60 million, in TRY, in a private placement mortgage covered  bond issuance by Yapi ve Kred Bankasi AS (YKB). It is complemented by USD 15  million of financing provided by the Clean Technology Fund (CTF) which is one  of the two Trust Funds under the Climate Investment Fund (CIF) Special Fund,  taking total aggregate investment to USD 75 million equivalent. The CIF was  established to provide scaled up financing in order to contribute to the  demonstration, deployment and transfer of low carbon technologies with  significant potential for long-term greenhouse gas emission savings.  The EBRD's investment is backed by a portfolio of residential mortgages and  was rated Baa1 by Moody's.  The transaction supports YKB in accessing medium- to long-term funding by using  a Covered Bond instrument collateralised by a pool of residential mortgage  loans.  The proceeds will increase financial intermediation and financing of rational  energy utilisation investments and assist the households in Turkey in  mitigating increasing energy prices and high energy intensity under the EBRD's  Turkey Residential Energy Efficiency Financing Facility (TuREEFF). TuREEFF aims  to increase financial intermediation and financing of rational energy  utilisation investments and assist the households in Turkey in mitigating  increasing energy prices and high energy intensity. TuREEFF will increase  public awareness in Turkey about the benefits of sustainable energy investment  in the residential sector.
WB Youth in Business - Alter Modus Provision of a senior unsecured loan of up to EUR 3.0 million to be made  available in two tranches to Alter Modus ("AM") under the Western Balkans Youth  in Business ("WB YiB") Programme. The second tranche will be uncomitted.  The loan proceeds will be used for on-lending to eligible micro and small-sized  enterprises ("MSEs") whose overall operational management responsibility or  majority ownership is held by a person (or persons) under the age of 35 ("Youth  MSEs") in Montenegro in accordance with the Policy Statement.
Green Cities 2 W1-Chisinau River Bic Rehab. &amp;amp; Flood Protection GrCF2 W1-Chisinau River Bic Rehabilitation and Flood Protection Project (the  "Project") will be a follow-on investment with the City under the Green Cities  Framework 2 -Window 1 ("GrCF2W1"), addressing the priority environmental  challenges of climate adaptation and water quality, as well as supporting the  implementation of the Green City Action Plan ("GCAP") strategic objective of  climate resilient blue-green infrastructure.   The proceeds of the Bank's investment and grant funds will be used to  implement the first phase of interventions designed to mitigate the risk of the  River Bic (the "River") flooding; better safeguarding people, properties and  commerce from the negative impact of severe flooding which is expected to  become more harmful through the predicted impact of climate change,  specifically with more intense, short duration rainfall events.  The Project will finance a blend of solutions that help to control the  attenuation, release and conveyance of rain and river water, ranging from i)  restoring current storm drains, ii) piloting sustainable urban drainage  solutions, iii) installation of flap valves, to iv) re-grading of river  sections to increase capacity.  The Project aims to regenerate the River Bic to become an attractive asset for  the city and the region. The Project and its corresponding urban interventions  have the potential to support the transformative ambitions of the City, not  only preventing further degradation to the River but bringing it back to life  and restoring the natural environment.  It is expected that an improved quality of open-air life in the reaches of  the River would foster sociability and stimulate the city's economic revival,  with the aim to enhance the city centre's power of attraction.  The Project will reduce the harm and costs associated with increased flooding  risk to around 2,100 people and restore water quality and appeal of the River,  providing alternatives for recreation, amenity and sustainable mobility to  around 100,000 people who live, work and visit the city. This will have  positive impacts for health and wellbeing.  The Project would be the Bank's first to formally implement a form of Nature  Based Solution ("NBS"), the Sustainable Urban Drainage, as part of sustainable  and climate resilient infrastructure.
LG Chem Project Provision of a long-term loan of up to EUR 250 million to LG Chem Wroclaw  Energy sp.z o.o (the "Company"), a fully owned subsidiary of LG Chem, Ltd, for  the construction of a Lithium-Ion battery factory for Electric Vehicles in  Wroclaw, Poland (the "project").  The project supports LG Chem's investment plan to construct a Lithium-Ion  battery factory in Wroclaw, Poland, in order to produce and supply EV batteries  to the Original Equipment Manufacturers (OEMs).
Siauliu Bankas Bonds In November 2022, the EBRD invested EUR 21 million in senior preferred bonds  placed by Siauliu Bankas AB ("SB") as part of EUR 85 million tap issuance on  the existing senior preferred bonds listed on the AB NASDAQ Vilnius Stock  Exchange. The bonds have a 3-year remaining maturity with a call option in  2-year time.  In June 2023, the EBRD invested EUR 10 million in subordinated Tier 2 notes  issued by SB. This was SB's inaugural Tier 2 placement and first public  subordinated issuance in the Lithuanian market. The bond has a 10-year maturity  with a call option after 5-year time and is listed on the AB NASDAQ Vilnius  Stock Exchange.  In November 2023, the EBRD invested EUR 12 million in senior preferred bonds  placed by SB as part of EUR 50 million tap issuance on the existing senior  preferred bonds listed on the AB NASDAQ Vilnius Stock Exchange. The bonds have  a 2-year maturity with a call option in 1-year time.  The total EBRD investment amounts to EUR 43 million.  The project supports the resilience and regulatory compliance of a systemically  important institution in Lithuania and contributes to the capital market  development of the country. The project also delivers on the Bank's green  agenda and national green economy priorities for Lithuania.
Uludag Icecek Project The provision of USD 20 million (EUR 20 million) long-term senior loan (the  "Loan") to a soft drinks producer incorporated in Turkiye, Uludag Icecek Turk  A.S.  The Bank's financing will be used to finance (i) new warehouse for its Yenice  plant, (ii) a wastewater recovery facility for its Caybasi factory, and (iii)  solar panel investments for both factories.