GEFF - Slovak Republic (EBRD-49572)

Regions
  • Europe and Central Asia
Where the impacts of the investment may be experienced.
Countries
  • Slovakia
Where the impacts of the investment may be experienced.
Financial Institutions
  • European Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
FI
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Jul 4, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Sectors
  • Climate and Environment
  • Energy
  • Finance
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Fund
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 233.84 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported 200
Converted using 2018-05-31 exchange rate.
Project Cost (USD)
$ 233.84 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported 200
Converted using 2018-05-31 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Aug 3, 2018

Disclosed by Bank May 31, 2018


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Project Description

This project establishes a Green Economy Financing Facility in Slovakia for the provision of financing to local banks. Selected banks will then on-lend to municipalities, public or privately-owned companies delivering municipal services (such as energy service companies), municipal institutions and residential sector borrowers. Investments will target green technologies, waste management, pollution prevention, and climate adaption. 

Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Contact Information

Lukas Kuzmiak
kuzmiakl@ebrd.com
+421 2 5910 1706
+421 2 5910 1700
www.ebrd.com
Suche myto 1 811 03 Bratislava Slovak Republic

ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at pcm@ebrd.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.