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EU FUNDS CO-FINANCING 2014-2020 (EST)

Signature(s)

Amount
€ 720,000,000
Countries
Sector(s)
Estonia : € 720,000,000
Health : € 57,600,000
Energy : € 72,000,000
Services : € 86,400,000
Composite infrastructure : € 216,000,000
Education : € 252,000,000
Signature date(s)
29/04/2021 : € 6,000,000
29/04/2021 : € 9,600,000
17/12/2014 : € 10,000,000
29/04/2021 : € 12,000,000
29/04/2021 : € 14,400,000
17/12/2014 : € 16,000,000
17/12/2014 : € 20,000,000
2/12/2016 : € 20,000,000
17/12/2014 : € 24,000,000
2/12/2016 : € 32,000,000
29/04/2021 : € 36,000,000
2/12/2016 : € 40,000,000
29/04/2021 : € 42,000,000
2/12/2016 : € 48,000,000
17/12/2014 : € 60,000,000
17/12/2014 : € 70,000,000
2/12/2016 : € 120,000,000
2/12/2016 : € 140,000,000
Link to source

Summary sheet

Release date
17 June 2014
Status
Reference
Signed | 17/12/2014
20130645
Project name
Promoter - financial intermediary
EU FUNDS CO-FINANCING 2014-2020 (EST)
Republic of Estonia
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 720 million
EUR 5700 million
Location
Sector(s)
Description
Objectives

The project, structured as a Structural Programme Loan, will support the Estonian 2014-2020 Partnership Agreement and selected investments of its two implementation Programmes: (i) OP for Cohesion Policy Funds (ESF, ERDF, CF); and (ii) Rural Development Programme (EAFRD). The interventions will focus on the following sectors; environment, transport, research, technological development and innovations, water and environmental protection, education, health, improvement of training and access to employment, small infrastructure in rural areas.

In the 2014-2020 programming period, following the Partnership Agreement, Estonia will have one Operational Programme (OP) for Cohesion Policy Funds, which has 14 priority axes: 1. Qualifications and skills meeting the needs of society and the labour market 2. Increasing social inclusion 3. Improvement of access to, and prevention of dropping out of, the labour market 4. Growth-capable entrepreneurship and internationally competitive R&D 5. Development of small and medium-sized enterprises and strengthening the competitiveness of regions 6. Energy efficiency 7. Water protection 8. Green infrastructure and improved preparedness for emergencies 9. Sustainable urban development 10. Sustainable transport 11. Infrastructure for ICT services 12. Administrative capacity 13-14. Technical assistance

Environmental aspects
Procurement

Estonia, as an EU Member State, has harmonised its environmental legislation in line with the relevant EU Directives 2011/92/EU Directive and 2001/42/EC). The Bank’s appraisal will focus on the promoter’s environmental management capacity to properly apply the EU Strategic Environmental Assessment Directive 2001/42/EC, the EU Environmental Impact Assessment Directive 2011/92/EU, as well as the requirements of the Habitats and Birds Directives where appropriate. All relevant key documents for the project will be published, in line with the Bank’s disclosure policy.

The Bank will require the promoter, as a public administration entity, to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EEC or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate. Details to be reviewed by the Bank’s services during appraisal.

Link to source

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Documents

Environmental and Social Data Sheet (ESDS) - EU FUNDS CO-FINANCING 2014-2020 (EST)
Publication Date
22 Oct 2014
Document language
Main Topic
Lending
Document Number
55529473
Document Focus
Environmental Information
Project Number
20130645
Regions
Countries
Publicly available
Download now
Environmental and Social Impact Assessment (ESIA) - EU FUNDS CO-FINANCING 2014-2020 (EST) - Strategic Environmental Assessment
Publication Date
28 Apr 2016
Document language
Main Topic
Lending
Document Number
56556922
Document Focus
Environmental Information
Project Number
20130645
Regions
Countries
Publicly available
Download now

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The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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