Project Detail |
The project is structured as a multi-sector Framework Loan under the Public Sector Loan Facility (PSLF), Pillar III of the Just Transition Mechanism will finance schemes under the investment programme of the Region of Crete, with a focus on environment, irrigation and energy efficiency, flood protection, education and culture.
Objectives
The aim is to support the Territorial Just Transition Plan for the regions of North and South Aegean and Crete, addressing some of the social, economic, environmental and climate transition challenges faced by the region of Crete, which is particularly affected by the transition to climate neutrality.
Sector(s)
Water, sewerage - Water supply; sewerage, waste management and remediation activities
Composite infrastructure - Construction
Education - Education
Energy - Electricity, gas, steam and air conditioning supply
Proposed EIB finance (Approximate amount)
EUR 111 million
Total cost (Approximate amount)
EUR 154 million |