Presentation by Mr. Marco Beroš, Lead Engineer, Water Division, Project Directorate, EIB.

1. EIB’s New Policy Documents for Climate, Environment and
the Water Sector – Activity in Eastern Partner Countries
Marco Beroš
Lead Engineer, Water Division
Projects Directorate
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2. Content
1. EIB in the Water Sector
2. EIB, EU’s Climate Bank
3. EIB’s Activity in the Water Sector in Eastern
Partner Countries
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1. EIB in the Water Sector

4. 1. EIB in the Water Sector
1.1 General
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• EIB is one of the largest sources of loan financing to the water sector worldwide: on
average EUR 2.4 Bn per year,
• Total loan amount of EUR 30 Bn over the past 10 years, 80% of which for projects
inside EU,
• Over the past 10 years, 400 major projects have been financed, 70% of which located
within the EU,
• EIB lending covers the whole water cycle (water resources, water supply, sanitation,
flood protection).

5. 1. EIB in the Water Sector
1.1 General (cont.)
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• EIB lends to public or private utility companies, national or local authorities, directly
for project finance deals or to funds.
• EIB can mobilise technical assistance, for both project preparation and
implementation;
• EIB can finance large individual operations under investment loans or small operations
under framework or global loans;
• Normally, EIB cannot finance more than 50% of the project investment cost (on
average, EIB lending represents 30% of the project investment cost);

6. 1. EIB in the Water Sector
1.2 EIB’s Water Sector Orientation (2023)
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• River basin approach (IWRM)
• Sector development
• Adaptation to climate change
• Water efficiency
• Development of new water supply
• Wastewater and sanitation services
• Research and Innovation
Maximise Added Value

7. 1. EIB in the Water Sector
1.3 Lending Data
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0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
2018 2019 2020 2021 2022
Russia, E.Europe,Sth. Caucasus
Potential candidate countries
Member states
Mediterranean countries
Latin America
Central Asia
Candidate countries
Asia (excl. Central Asia)
ACP States
EIB lending to the Water Sector in 2018-2022
by region (EUR m)
Portfolio under active
implementation
(monitoring): EUR 22 bn

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2. EIB, EU’s Climate Bank
WWTP Hamburg (Germany), net energy generating since 2011
© HAMBURGWASSER

9. 2. EIB, EU’s Climate Bank
2.1 EIB’s Commitments to Climate Action and Environmental Sustainability (CAES)
“The EIB will increase its level of support to climate action and environmental sustainability to exceed
50% of its overall lending activity by 2025.” (EIB Group Climate Bank Roadmap 2020-2025)
“The EIB supports its countries of operation in delivering on their biodiversity goals” (Environment
Framework 2022). Inside EU, it supports EU’s Biodiversity strategy for 2030 as part of the EU Green Deal.
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Results:
• In 2021, climate action and environmental sustainability financing by the EIB totalled EUR 27.6 Bn
(51% of total lending), and 36.5 Bn in 2022 (58% of total lending).
• The weighted average CAES score of water projects was 86% in 2021, and 94% in 2022.
We assess the climate action (CA) contribution of
all our projects (adaptation and/or mitigation)
We determine the environmental sustainability
(ES) of all our projects based on the EU Taxonomy.
CAES Score

10. 2. EIB, EU’s Climate Bank
2.2 EIB’s Policy Documents for Environment, Social and Climate
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Environmental and
Social Policy (Feb. 2022)
Environmental and
Social Standards (Feb.
2022)
Climate Bank Roadmap
(Nov. 2020)
Climate Adaptation
Plan (Oct. 2021)
Climate Adaptation
Investment Advisory
Platform (ADAPT)
The PATH
Framework
(Oct. 2021)
Climate action: eligible
sectors and eligibility
criteria (May 2022)
EIB’s Guidelines/Lending
Policies/Orientations for different
sectors:
•Energy
•Hydropower
•Transport
•Water
The Environment
Framework (Nov.
2022)

11. 2. EIB, EU’s Climate Bank
2.3 EIB Support to EU’s Biodiversity Strategy for 2030 as part of the EU Green Deal
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Most relevant targets for the water sector inside EU:
• protect at least 30% of land and sea areas,
• 50% decrease of chemical pesticide use,
• restoration of at least 25,000 km of rivers into free-flowing rivers,
• 20% reduction of fertiliser use,
• restoration of marine ecosystems to a good environmental status,
• improving water quality by reducing waste, plastic litter at sea by 50%,
• Reduction of microplastics released into the environment by 30%;

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3. EIB’s Activity in the Water Sector in Eastern Partner Countries
Chisinau Wastewater Treatment Plant: refurbished clarifier and new digesters

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3. EIB’s Water Projects in EaP Countries
3.1 Overview of ongoing EIB-funded water projects
Country City Beneficiary
Population
Project Size
(EUR m)
Co-financiers Comment
Armenia Yerevan 1,000,000 18 EBRD, EU Ongoing
Other small cities 400,000 73 KFW, EU Ongoing
Belarus* Minsk 2,000,000 187 EBRD EIB stopped all activities in
Belarus in June 2021
Other cities 400,000 132 WB, EPTATF
Georgia Kutaisi 400,000 280 ADB, EU, EPTATF Ongoing
Moldova Chisinau 900,000 61 EBRD, EU Ongoing
Ukraine Lutsk 220,000 12 EU Tender stage
Mariupol 480,000 31 EU On hold/Cancelled
Mykolayiv 510,000 31 EU, E5P Ongoing, now: EUR 55 m
Rivne 250,000 27 EU On hold
TOTAL 6,560,000 852

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3. EIB’s Water Projects in EaP Countries
3.2 The Basis of EIB’s intervention for 2021-2027
• EU’s Guarantee Agreement within the European Fund for Sustainable Development
Plus ("EFSD+"), established by the NDICI* – Global Europe regulation, which entered
into force in June 2021.
• The EU guarantee enables the EIB to undertake public sector investments and to
provide loans with longer payback periods, grace periods, and low interest rates.
• The Eastern Partners Countries are covered by EIB Global, EIB’s new specialised arm
dedicated to increasing the impact of international partnerships and development
finance, especially within Team Europe.
• EU guarantee for Ukraine for EUR 100 million of new EIB loans under the EU for
Ukraine (EU4U) Initiative.
* Neighbourhood, Development and International Cooperation Instrument

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3. EIB’s Water Projects in EaP Countries
3.3 The Importance of Technical Assistance
• All projects co-financed by the EIB in the Eastern Partners countries benefit
from TA, either for project preparation or implementation, or for both.
• EIB can mobilise TA funded from different sources:
• Neighbourhood Investment Platform (NIP);
• EU bilateral funds;
• Eastern Partnership Technical Assistance Trust Fund (EPTATF)*, set up in
2010;
• The Eastern Europe Energy Efficiency and Environmental Partnership
(E5P)**, set up in 2010;
• From bilateral agencies, such as GIZ, SIDA;
• From own funds
* Donors: Sweden, Latvia, Austria, Germany, United Kingdom, Lithuania, Poland, France
** Steering Group: EBRD (lead), EIB, EU Commission, NIB, World Bank

16. Thank you!
For more information please contact :
Marco Beroš (m.beros@eib.org),
phone +352 43 79 827 48
EUROPEAN INVESTMENT BANK
http://www.eib.org/