Date de publication: 4 novembre 2014
Promoteur – Intermédiaire Financier
The borrower is the People's Republic of China, represented by the Ministry of Finance, who will on-lend to the Chongqing Municipality. The project will be implemented by the Chongqing Forestry Department.Lieu
Description
The project is the fourth allocation under the China Forestry Framework Loan (CFFL). It aims to establish 7,800 ha of forest plantations on abandoned, degraded agricultural land and on erosion-prone forest lands. The new plantations consist of fruit trees (5,225 ha), timber and bamboo stands (1,287 ha), and medicinal plants/trees (1,288 ha).
Objectifs
Besides providing the necessary economic benefits for the local farmers and villages to commit to the project, the project is expected to have a positive environmental impact through increased forest cover and sustainable management practices so as to combat soil erosion and land impoverishment, while improving water quality and healthier water ecosystems in the rivers. Forest carbon sequestration will help mitigate climate change, in line with EU policies.
Secteur(s)
- Agriculture, pêche, sylviculture - Agriculture, sylviculture et pêche
Montant BEI envisagé (montant approximatif)
EUR 30 million
Coût total (montant approximatif)
EUR 60 million
Aspects environnementaux
The objective of the project is to plant trees to establish forest cover on environmentally fragile mountain slopes and abandoned, degraded agricultural lands. The plantations are expected to comprise native fruit trees, bamboo and timber-producing trees, and species producing ingredients for Chinese medicine. The project imposes environmentally and socially sustainable management and supports related capacity-building. It is expected to generate income and employment for rural people and reduce pressure to emigrate.
Passation des marchés
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.
Statut
Approuvé - 3/02/2015
Clause de non-responsabilité
Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).