Polish Residential EE Framework

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 47633

Status Approved

Location

Poland

Business Sector

Financial Institutions

Notice Type

Private

Sub-projects

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 47633

Status Approved

Location

Poland

Business Sector

Financial Institutions

Notice Type

Private

Environmental Category

Approval Date

24 Feb 2016

Disclosure date

15 Jan 2016

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Sub-projects signed under this framework

Translated version of this PSD: Polish

Project Description

The EBRD is considering setting up Poland-REFF to provide existing and new private participating financial institutions (PFIs) with credit resources in combination with comprehensive TC support packages. The Bank will extend loans to PFIs on terms reflecting their individual credit risk. In turn, PFIs will on-lend EBRD funds on market terms to private sector sub-borrowers to finance eligible energy and resource saving projects in residential buildings.

Project Objectives

The facility will contribute to the following objectives: (i) enhance the competitiveness of commercial financing for energy and resource saving investments in the residential sector; (ii) improve living standards of households; (iii) help avoiding carbon emissions; (iv) develop a market-based private sector financing instrument that targets the task outlined above; (v) demonstrate to the market that the above is technically feasible and economically viable.

Transition Impact

The facility will contribute to transition by: (i) demonstrating the financial viability of energy and resource efficiency projects in the residential sector in Poland, (ii) transferring skills to participating financial intermediaries and private sector sub-borrowers (households, housing associations, housing cooperatives and private sector service providers), which is expected to contribute to the growth of the market for sustainable energy and resource financing in Poland.

EBRD Finance Summary

EUR 200,000,000.00

Total Project Cost

EUR 200,000,000.00

Environmental and Social Summary

Categorised FI (2008). All PFIs under this facility will be required to comply with the Bank's Performance Requirements (PRs) 2 and 9. PFIs which have expressed an interest in this extended facility are all existing clients of the Bank and are confirmed as being in compliance with the relevant PRs. New PFIs, who are not existing EBRD clients, will need to complete the ES&HR questionnaire to be returned to the Bank in advance of Final Review. Eligible Sub-projects will be required to comply with the EBRD's energy and/or resource efficiency eligibility criteria.

Technical Cooperation

The facility will be supported by a donor-funded Technical Cooperation package of up to EUR 2.5 million provided by a project consultant. The initial amount of EUR 1 million TC is provided by the EBRD Shareholders Special Fund.

Transition impact

ETI Score:80

PSD last updated

21 Jan 2019

Business opportunities

For business opportunities or procurement, contact the client company.

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Email: procurement@ebrd.com

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Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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