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    Status
    First signature
    Signed
    16/06/2016
    Amount
    EUR 300,000,000
    Countries
    Romania
    Sector(s)
    Solid waste, Water, sewerage
    See more

    Signature(s)

    Amount
    € 300,000,000
    Countries
    Sector(s)
    Romania : € 300,000,000
    Solid waste : € 21,000,000
    Water, sewerage : € 279,000,000
    Signature date(s)
    16/06/2016 : € 21,000,000
    16/06/2016 : € 279,000,000

    Summary sheet

    Release date
    10 September 2015
    Status
    Reference
    Signed | 16/06/2016
    20150548
    Project name
    Promoter - financial intermediary
    ROMANIA EU CO-FINANCING FOR ENVIRONMENT 2014-20
    PUBLIC ENTITY(IES)
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 300 million
    EUR 4467 million
    Description
    Objectives

    Structural programme loan (SPL) providing for the Romanian State's contribution during the 2014-2020 programming period to the environment sector operations under the large infrastructure operational programme (OP).

    This structural programme loan will primarily support the implementation of the key EU directives in the water and municipal solid waste management sector in Romania and is expected to contribute to further improvement of Romania's compliance with EU drinking water and urban wastewater treatment directives.

    The extension and modernisation of the water and wastewater infrastructure continues to be one of the most important priorities in improving living standards in Romania. The projects target completion of investments in those agglomerations that must be served with wastewater collection and treatment with nitrogen and phosphorous removal by 2015 and will further focus on the agglomerations above 2000 population equivalents (p.e.). The projects will also extend the provision of safe drinking water in accordance with EU standards. There are about 50 large projects expected in the water sector. As far as waste management is concerned, around 240 non-compliant landfills must be closed, the existing infrastructure must be upgraded to provide for a treatment capacity of 740kt and separate collection coverage must be extended in all counties to reach the reuse and recycling targets of 50% in line with the Waste Framework Directive (current rate being around 4%) and waste diversion requirements of the Landfill Directive.

    Environmental aspects
    Procurement

    The project, being a multi-sector multi-scheme operation classified as framework loan/structural programme loan, will have a number of effects on the environment, including reduction of pollution, reduced use of energy, increased safety, improved water and wastewater services. The Bank will require the promoter to act according to the provisions of the relevant EU directives, including the Strategic Environmental Assessment (SEA), Environmental Impact Assessment (EIA), Habitats and Birds Directives, as transposed in national law.

    The Bank will require the promoter to ensure that contracts for the implementation of the project have been/shall be tendered in accordance with the relevant applicable EU procurement legislation (Directives 2004/18/EC and/or 2004/17/EC as well as Directives 89/665/EEC and 92/13/EEC) as interpreted by the Court of Justice of the EU, with publication of tender notices in the EU Official Journal, as and where required.

    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

    Non-Technical Summary (NTS) - ROMANIA EU CO-FINANCING FOR ENVIRONMENT 2014-20
    Publication Date
    25 Sep 2015
    Document language
    Main Topic
    Lending
    Document Number
    61279548
    Document Focus
    Environmental Information
    Project Number
    20150548
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - ROMANIA EU CO-FINANCING FOR ENVIRONMENT 2014-20
    Publication Date
    8 Dec 2015
    Document language
    Main Topic
    Lending
    Document Number
    63421113
    Document Focus
    Environmental Information
    Project Number
    20150548
    Regions
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - ROMANIA EU CO-FINANCING FOR ENVIRONMENT 2014-20 - ESDS for the 4 schemes
    Publication Date
    12 Jul 2019
    Document language
    Main Topic
    Lending
    Document Number
    92215139
    Document Focus
    Environmental Information
    Project Number
    20150548
    Regions
    Countries
    Publicly available
    Download now

    News & Stories

    Inside the project

    How and Why

    Protecting the coastline and bringing back marine life

    Why

    • Erosion along Romania’s southern coast hurts tourism and marine life  
    • Lack of natural barriers results in storm surges and extreme tides, increasing risk of flooding Shrinking beaches threaten local properties and infrastructure 

    How

    • Add sand to beaches and reinforce cliffs with stones and concrete
    • Build artificial reefs and other biostructures for marine habitats, along with barriers to protect against high waves
    • Renovate existing coastal infrastructure to protect over 17 000 hectares of wetlands 

    Impact

    A boost for climate adaptation

    The project is expected to save Romania €17 million each year that would otherwise be spent on repairing damage caused by coastal flooding or other weather-related events.

    The first phase of this project was completed in 2017. Dobrogea Litoral Water Basin Administration is now implementing the second phase.

    PLAY VIDEO

    4:50

    custom-preview

    Story

    Construction of ports and dams accelerate erosion

    In Romania, we have several beaches which have only 10 to 20 metres of sand.
    Nicusor Buzgaru

    project manager at the Dobrogea Litoral Water Basin Administration

    Coastal erosion is a growing concern around Europe. While it’s a natural process, coastal erosion in Romania has been quickened by the construction of infrastructure like ports and defensive embankments along the Danube River. Those structures constrict the natural movement of sand and other sediment that would otherwise flow back to Black Sea coastal areas. Diminishing natural barriers, such as sandy beaches and cliffs, increase the risk of flooding or damage from storm surges, which are increasingly frequent because of climate change.

    ABAD-L

    Listen to our podcast on climate adaptation:

    The coastal erosion in Constanta County didn’t happen overnight. By restoring the beaches, we’re improving the coast’s natural ability to defend against extreme tides and storms.
    Aimilia Pistrika

    senior water engineer at the European Investment Bank

    Saving marine life

    Shrinking beaches also threaten marine life. As the erosion progresses, natural habitats change, affecting sea life like plants, algae, small fish and shellfish. Shifting sand deposits may even bury or displace some species.

    This second phase goes further than the first in protecting marine and coastal ecosystems. Artificial reefs and other biostructures should bring back varieties of fish, shells and sea plants that had almost been wiped out, reinforcing existing ecosystems and creating new ones.

    ABAD-L

    18 000

    tonnes

    of wet sand arrive on the beach every four hours through a 2 km pipe

    How to deal with coastal erosion

    There is more to bringing back beaches than merely depositing tonnes of sand.

    The Dobrogea Litoral Administration conducted several surveys in southern Romania to measure wave patterns and force, to predict the effects of climate change and to identify the type and size of sand needed to shore up beaches and stop or slow erosion.

    “While fine sand is pleasing for tourists, it’s not reliable for combatting erosion, since it’s easily carried away by the wind and the waves,” says Nicusor Buzgaru, project manager, Dobrogea Litoral Water Basin Administration. “We surveyed areas of the Black Sea and we found the proper grain size is located about 25 metres under the sea. Now we only need to transport it to dry land.”

    ABAD-L

    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

    Media enquiries

    Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

    Complaints mechanism

    Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

    Zero tolerance against fraud and corruption

    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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