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Reference: 20190622
Release date: 23 April 2020

Promoter – Financial Intermediary

SZCZECINSKIE TOWARZYSTWO BUDOWNICTWA SPOLECZNEGO SPOLKA Z O.O.

Location

Description

The project consists of a loan for extensive greening measures, which are part of a larger redevelopment plan of social housing blocks in the centre of Szczecin. Implementation will be done by a social housing association in the period 2019-2023.

Objectives

The aim is to plant local flora and improve biodiversity and climate resilience in the urban environement, as well as to increase the capacity of the land and the roofs to absorb and store rainwater.

Sector(s)

Proposed EIB finance (Approximate amount)

PLN 3 million (EUR 1 million)

Total cost (Approximate amount)

PLN 4 million (EUR 1 million)

Environmental aspects

The EIB will finance eligible components which are environmentally sound and compliant with ith the EU environmental legislation, as well as with the principles and standards of the EIB's Environmental Policy Statement.

Procurement

The promoter is subject to public procurement regulation. The EIB will require the promoter to ensure that contracts for the implementation of the project will be tendered in accordance with the relevant applicable EU procurement legislation: Directive 2014/24/EU, Directive 2014/25/EU, as well as Directive 92/13/EEC and 89/665/EEC as interpreted by the Court of Justice of the EU, with the publication of tender notices in the Official Journal of the European Union (OJEU), as and where required.

Status

Signed - 10/08/2020

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).

Related tags

Poland Urban development