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    Signature(s)

    Amount
    € 720,000,000
    Countries
    Sector(s)
    Estonia : € 720,000,000
    Health : € 57,600,000
    Energy : € 72,000,000
    Services : € 86,400,000
    Composite infrastructure : € 216,000,000
    Education : € 252,000,000
    Signature date(s)
    29/04/2021 : € 6,000,000
    29/04/2021 : € 9,600,000
    17/12/2014 : € 10,000,000
    29/04/2021 : € 12,000,000
    29/04/2021 : € 14,400,000
    17/12/2014 : € 16,000,000
    2/12/2016 : € 20,000,000
    17/12/2014 : € 20,000,000
    17/12/2014 : € 24,000,000
    2/12/2016 : € 32,000,000
    29/04/2021 : € 36,000,000
    2/12/2016 : € 40,000,000
    29/04/2021 : € 42,000,000
    2/12/2016 : € 48,000,000
    17/12/2014 : € 60,000,000
    17/12/2014 : € 70,000,000
    2/12/2016 : € 120,000,000
    2/12/2016 : € 140,000,000
    Link to source

    Summary sheet

    Release date
    17 June 2014
    Status
    Reference
    Signed | 17/12/2014
    20130645
    Project name
    Promoter - financial intermediary
    EU FUNDS CO-FINANCING 2014-2020 (EST)
    Republic of Estonia
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 720 million
    EUR 5700 million
    Location
    Sector(s)
    Description
    Objectives

    The project, structured as a Structural Programme Loan, will support the Estonian 2014-2020 Partnership Agreement and selected investments of its two implementation Programmes: (i) OP for Cohesion Policy Funds (ESF, ERDF, CF); and (ii) Rural Development Programme (EAFRD). The interventions will focus on the following sectors; environment, transport, research, technological development and innovations, water and environmental protection, education, health, improvement of training and access to employment, small infrastructure in rural areas.

    In the 2014-2020 programming period, following the Partnership Agreement, Estonia will have one Operational Programme (OP) for Cohesion Policy Funds, which has 14 priority axes: 1. Qualifications and skills meeting the needs of society and the labour market 2. Increasing social inclusion 3. Improvement of access to, and prevention of dropping out of, the labour market 4. Growth-capable entrepreneurship and internationally competitive R&D 5. Development of small and medium-sized enterprises and strengthening the competitiveness of regions 6. Energy efficiency 7. Water protection 8. Green infrastructure and improved preparedness for emergencies 9. Sustainable urban development 10. Sustainable transport 11. Infrastructure for ICT services 12. Administrative capacity 13-14. Technical assistance

    Environmental aspects
    Procurement

    Estonia, as an EU Member State, has harmonised its environmental legislation in line with the relevant EU Directives 2011/92/EU Directive and 2001/42/EC). The Bank’s appraisal will focus on the promoter’s environmental management capacity to properly apply the EU Strategic Environmental Assessment Directive 2001/42/EC, the EU Environmental Impact Assessment Directive 2011/92/EU, as well as the requirements of the Habitats and Birds Directives where appropriate. All relevant key documents for the project will be published, in line with the Bank’s disclosure policy.

    The Bank will require the promoter, as a public administration entity, to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Dir. 2004/18/EEC or 2004/17/EEC and Dir. 2007/66/EC), with publication of tender notices in the EU Official Journal, as and where appropriate. Details to be reviewed by the Bank’s services during appraisal.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - EU FUNDS CO-FINANCING 2014-2020 (EST)
    Publication Date
    22 Oct 2014
    Document language
    Main Topic
    Lending
    Document Number
    55529473
    Document Focus
    Environmental Information
    Project Number
    20130645
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - EU FUNDS CO-FINANCING 2014-2020 (EST) - Strategic Environmental Assessment
    Publication Date
    28 Apr 2016
    Document language
    Main Topic
    Lending
    Document Number
    56556922
    Document Focus
    Environmental Information
    Project Number
    20130645
    Regions
    Countries
    Publicly available
    Download now

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