Signature(s)
Summary sheet
Structural programme loan (SPL) providing for the Romanian State's contribution during the 2014-2020 programming period to the environment sector operations under the large infrastructure operational programme (OP).
This structural programme loan will primarily support the implementation of the key EU directives in the water and municipal solid waste management sector in Romania and is expected to contribute to further improvement of Romania's compliance with EU drinking water and urban wastewater treatment directives.
The extension and modernisation of the water and wastewater infrastructure continues to be one of the most important priorities in improving living standards in Romania. The projects target completion of investments in those agglomerations that must be served with wastewater collection and treatment with nitrogen and phosphorous removal by 2015 and will further focus on the agglomerations above 2000 population equivalents (p.e.). The projects will also extend the provision of safe drinking water in accordance with EU standards. There are about 50 large projects expected in the water sector. As far as waste management is concerned, around 240 non-compliant landfills must be closed, the existing infrastructure must be upgraded to provide for a treatment capacity of 740kt and separate collection coverage must be extended in all counties to reach the reuse and recycling targets of 50% in line with the Waste Framework Directive (current rate being around 4%) and waste diversion requirements of the Landfill Directive.
The project, being a multi-sector multi-scheme operation classified as framework loan/structural programme loan, will have a number of effects on the environment, including reduction of pollution, reduced use of energy, increased safety, improved water and wastewater services. The Bank will require the promoter to act according to the provisions of the relevant EU directives, including the Strategic Environmental Assessment (SEA), Environmental Impact Assessment (EIA), Habitats and Birds Directives, as transposed in national law.
The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.
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
News & Stories
Inside the project
How and Why
Protecting the coastline and bringing back marine life
Why
- Erosion along Romania’s southern coast hurts tourism and marine life
- Lack of natural barriers results in storm surges and extreme tides, increasing risk of flooding Shrinking beaches threaten local properties and infrastructure
How
- Add sand to beaches and reinforce cliffs with stones and concrete
- Build artificial reefs and other biostructures for marine habitats, along with barriers to protect against high waves
- Renovate existing coastal infrastructure to protect over 17 000 hectares of wetlands
Sectors & Countries
PLAY VIDEO
4:50
The coastal erosion in Constanta County didn’t happen overnight. By restoring the beaches, we’re improving the coast’s natural ability to defend against extreme tides and storms.
Related media
Shoring up against erosion
Romania tackles coastal erosion and protects its tourist industry, as well as protecting biodiversity in the sea and coastal wetlands.
Plastics and popcorn
German company fights plastics water pollution by turning tiny particles shed from cosmetics and car tires into white lumps that can be easily removed from waterways
Delivering on adaptation
Even as we try to control global warming, we must ensure that people can live safely with its consequences. Adaptation projects are crucial. Here’s how to bring vital finance to the sector with multilateral development banks leading the way
Related projects and stories
Climate-proofing education
How tackling the climate and education crises together could safeguard the planet and a generation of children
EIB Group President Nadia Calviño charts greater support for Bulgarian economy
European Investment Bank (EIB) Group President Nadia Calviño visited Bulgaria today to discuss financing opportunities for projects that will create jobs, spur economic growth, support cohesion, and accelerate the green transition of the country.
A green grid in the green heart of Germany
Thuringia grid investment vital for renewables expansion
General enquiries and comments
The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
Alternatively, the EIB can be contacted through its external offices.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.
Media enquiries
Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.
Complaints mechanism
Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.
Zero tolerance against fraud and corruption
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.
Related publications