Financing opportunities

Climate Change Technical Assistance Facility

Categories

Mitigation

Objectives:

Provide advance funding for activities associated with the development of project-based carbon assets (credits) under the Clean Development Mechanism (CDM) and Joint Implementation (JI) instruments of the Kyoto Protocol.

Subcategory:

CDM; Joint implementation

Eligible organisations:

Any carbon mitigation project that will be eligible for CDM or JI crediting.

Eligible Projects or Programmes:

The carbon crediting activities where funding can be provided includes: a) Carbon credit pre-feasibility study; b) Preparation of carbon credit documentation (Project Design Document); c) Validation of the Project Design Document; d) Registration of the project; e) Carbon credit sales activities (preparation of a sales memorandum, Emission Reduction Purchase Agreement); f) Verification of emission reductions; g) Issue and transfer of credits.

Proposal/Application requirements:

The project promoter should provide sufficient information to allow the EIB to assess whether the project adheres to EIB lending objectives and has a well-developed business plan.

Proposal evaluation criteria:

For individual loans- A well- developed business plan.

How to Apply:

Project promoters are required simply to provide the Bank's Operations Directorate with a detailed description of their capital investment together with the prospective financing arrangements. Initial contacts to discuss a proposed project can be in any form, by telephone, fax, e-mail or letter. The project promoter should provide sufficient information to allow the EIB to assess whether the project adheres to EIB lending objectives and has a well-developed business plan.

Funding limit for individual projects:

No information

Activities supported:

No information