WARSAW SUSTAINABLE INFRASTRUCTURE II

Promoter – Financial Intermediary

MIASTO STOLECZNE WARSZAWA

Location

• Poland

Description

The Framework Loan will support investments under the City of Warsaw's Multiannual Financial Framework 2023-2029, including the Urban Development Strategy #Warsaw2030 and Climate Strategies. All the schemes will be implemented within the City of Warsaw, located in the Mazowieckie Voivodship province.

Objectives

The project covers, among others, urban development, regeneration, renewal with the new construction, refurbishment and upgrade of urban infrastructure, comprising public buildings (schools, health centres, nursing homes, sport, recreation and cultural facilities, etc.), open spaces and green areas. It also covers, among other sectors, flood protection, Renewable Energy (RE) and Energy Efficiency (EE) investments, sustainable mobility, and modernisation of urban roads to include road safety and climate mitigation and adaptation measures.

Sector(s)

• Urban development - Construction

Proposed EIB finance (Approximate amount)

PLN 2100 million (EUR 490 million)

Total cost (Approximate amount)

PLN 2632 million (EUR 614 million)

Environmental aspects

The promoter is deemed as having the adequate capacity to verify the compliance with the relevant EU Directives: Environmental Impact Assessment (EIA) Directive 2014/52/EU (amending the EIA Directive 2011/92/EU), Strategic environmental assessment (SEA) Directive 2001/42/EC, EU Habitats Directive 92/43/EEC and EU Birds Directive 2009/147/EC. Furthermore, for new and refurbished buildings, the promoter is also deemed capable of ensuring the compliance with EU Directive 2010/31/EU on Energy Performance of Buildings. The project will contribute to the EIB's objectives linked to climate action and environmental sustainability (CA&ES).

Procurement

The promoter is deemed to have adequate capacity to ensure that contracts for implementation of the Project will be tendered in accordance with the applicable EU procurement legislation: Directive 2014/23/EU / 2014/24/EU / 2014/25/EU as well as Directive 92/13/EEC or Directive 89/665/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.

Status

Approved - 2/08/2024