Education and Sustainability City of Strasbourg (EIB-20220324)

  • France
Geographic location where the impacts of the investment may be experienced.
Specific Location
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Dec 12, 2022
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Ville de Strasbourg (City of Strasbourg)
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
  • Education and Health
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Loan Amount (USD)
$ 100.15 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 95 million
Converted using 2022-12-12 exchange rate.
Project Cost (USD)
$ 206.63 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 196 million
Converted using 2022-12-12 exchange rate.
Primary Source

Original disclosure @ EIB website

Updated in EWS Mar 15, 2023

Disclosed by Bank Oct 25, 2022

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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

Original from the EIB's website:

Le projet comprend la construction, la reconstruction ou la rénovation des écoles maternelles et primaires et des gymnases sous la responsabilité de la Ville de Strasbourg en France ( Il comprend également des opérations transversales telles que la mise en conformité des systèmes de sécurité et la numérisation des écoles.

L'objectif principal est de moderniser et d'améliorer les infrastructures des écoles maternelles et primaires de la Ville de Strasbourg afin d'offrir une éducation de bonne qualité.
Le projet vise à adapter l'offre scolaire aux évolutions de la demande locale, à augmenter la capacité des cantines scolaires, à développer l'enseignement numérique dans les écoles, à renforcer la résilience des infrastructures face aux risques des changements climatiques et à améliorer l'efficacité énergétique du parc scolaire de la Ville.
Finalement, le projet promouvra l'éducation sportive offerte aux enfants de la Ville à travers des investissements dans des gymnases.

Translated with DeepL:

The project includes the construction, reconstruction or renovation of nursery and elementary school and gymnasiums under the responsibility of the City of Strasbourg in France ( It also includes cross-cutting operations such as the upgrading of security systems and the digitization of schools.

The main objective is to modernize and improve the infrastructure of the nursery and elementary school of the City of Strasbourg in order to provide a good quality education.
The project aims to adapt the school offer to the changes in local demand, increase the capacity of school canteens, develop digital education in schools, strengthen the resilience of the infrastructure to the risks of climate change and improve the energy efficiency of the City's school fleet.
Finally, the project will promote sports education for the City's children through investments in gymnasiums.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
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No project contacts available at the time of disclosure.


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