Release date: 24 March 2022
Promoter – Financial Intermediary
PUBLIC ENTITY(IES)Location
Description
Programme loan (PL) to support public sector counter-parties in containing the COVID-19 pandemic: emergency response, pandemic preparedness interventions (including vaccines purchasing and vaccination campaigns) and health sector resilience interventions for countries in South Asia.
Objectives
The proposed PL aims to provide financing to public sector counterparties to support (i) the extended emergency response, where the focus is gradually shifting from acute treatment to a prevention-oriented vaccine-based approach, and (ii) the strengthening of the countries' medical health systems: pandemic preparedness and health system resilience interventions.
Sector(s)
- Health - Human health and social work activities
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Proposed EIB finance (Approximate amount)
EUR 425 million
Total cost (Approximate amount)
EUR 710 million
Environmental aspects
The Bank will require the Promoters to ensure that the implementation of the project will be done in accordance with the Bank's Environmental and Social principles and standards.
Procurement
The Bank will require the Promoters to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.
Status
Approved - 15/09/2021
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).