Original disclosure @ EIB website
Updated in EWS May 6, 2022
Disclosed by Bank Jun 14, 2021
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The proposed project concerns the construction of two interconnected urban metro rail lines,in the historic city of Agra, in the state of Uttar Pradesh in Northern India. According to the bank, the metro project seeks to make the city "greener, safer and more business-friendly" by contributing to two main objectives of the Climate Action and Environment Facility (CAEF): (i) climate change mitigation, by promoting modal shift from road to rail and thereby a reduction of greenhouse gas emissions; and (ii) the development of social and economic infrastructure by making a key contribution to urban development, thereby improving the business environment for private sector development and facilitating access to amenities and jobs.
The project is consistent with the EU Country Strategy Paper for India (2018), which highlights the infrastructure gap, including in transport, and the need to address rising greenhouse gas emissions. The EU-India Strategic Partnership: A Roadmap to 2025 further emphasises collaboration between India and EIB in the field of Indian urban transport.
In India, metro projects do not fall within the scope of the relevant Environmental Impact Assessment (EIA) legislation unless the built up area is beyond a defined threshold, in which case the project is subject to screening by the State level Competent Authority. The status of screening, if any, is to be determined during appraisal. However this project has been subject to an environmental and social impact assessment. The further steps in assessing and managing environmental risks are to be reviewed during appraisal. Compliance with relevant EIB Social Standards is to be reviewed.
The bank states that the operation will contribute to achievingIn addition, India's Paris Alignment targets and the voluntary commitment made by the Indian government under the United Nations Framework Convention on Climate Change to reducing the greenhouse gas intensity of GDP. The project will contribute to achieving SDG 13 (climate action), SDG 11 (sustainable cities and communities) and infrastructure (SDG 9). It is expected to contribute indirectly to other goals.
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm
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