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BARBADOS COVID-19 HEALTH RESILIENCE

Signature(s)

Amount
€ 50,000,000
Countries
Sector(s)
Barbados : € 50,000,000
Health : € 50,000,000
Signature date(s)
14/06/2021 : € 50,000,000
Link to source

Summary sheet

Release date
9 December 2020
Status
Reference
Signed | 14/06/2021
20200764
Project name
Promoter - financial intermediary
BARBADOS COVID-19 HEALTH RESILIENCE
BARBADOS
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 60 million
EUR 60 million
Location
Sector(s)
  • Health - Human health and social work activities
Description
Objectives

Loan to finance a range of health sector interventions to support the national emergency preparedness and response to COVID-19 in Barbados.

The objective of the operation is to help the Government of Barbados meet emergency needs in the health sector related to COVID-19, as well as financing of pandemic preparedness medium-term interventions included in the national response plans. The project is key: first, to save human lives and second, to prepare the system for a further escalation and spread of the COVID-19 pandemic in the country, which is already happening.

Environmental aspects
Procurement

The Bank will require the Promoter to ensure that the implementation of the project will be done in accordance with the Bank's Environmental and Social principles and standards.

The Bank will require the Promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

Comments

The project will contribute towards the achievement of Sustainable Development Goals (SDGs), in particular SDG 3 (Good Health and Well-Being), SDG 5 (Gender Equality) and SDG 1 (No Poverty), to which both the EU and the EIB are fully committed.

Related projects
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) - BARBADOS COVID-19 HEALTH RESILIENCE
Publication Date
29 Jan 2021
Document language
Main Topic
Lending
Document Number
135093191
Document Focus
Environmental Information
Project Number
20200764
Sector(s)
Countries
Publicly available
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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.
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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.

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