On 3 July 2020, the Italian city of Turin and the European Investment Bank (EIB) signed a framework agreement on climate. The aim of the agreement is to cooperate fully over the next three years to implement climate change projects. The European Investment Bank (EIB) has selected Stantec for the EIB`s financial sector operations support framework contract inside and outside the European Union. As part of this contract, Stantec can make an offer for projects under Lot 2: EIB Climate Aid Facility (CASF), financial intermediaries in the European Union (EU) and the Western Balkans (Albania, Bosnia and Herzegovina, Republic of Northern Macedonia, Kosovo, Montenegro and Serbia) and the southern neighbourhood (Algeria, Egypt, Jordan, Lebanon, Libya, Morocco, Palestine and Tunisia) and the eastern Belarus, Georgia, Moldova and Ukraine). The term of the contract available is four years, with a budget of up to 20 million euros. “The framework`s focus on financial intermediaries, small and medium-sized enterprises, mid-sized enterprises, households and government and regulatory bodies is a comprehensive approach to how to move the needle forward to a more realistic future. Our team is ready to do what is necessary to achieve this,” said Laurent de Wouters, Director of Business Development. The framework agreement has a duration of four years and the budget is 6,000,000 EUROS for the duration of the framework agreement. Topics covered in Lot 2 of this Framework include renewable energy, energy efficiency, the fight against climate change in agriculture and forestry, fisheries, aquaculture and land use, decarbonisation of transport, investments in adaptation to climate change and other sustainable financing issues affecting the environment and climate change. These themes cover the Stantec team`s priorities in the areas of clean and renewable energy, climate change and natural resources. Services required include institutional assessments of financial institutions, development of strategic and commercial plans, advice on financial product and services development, pipeline construction assistance and credit development, training and development of compliance systems. Missions and responsibilities under the framework agreement This is the EIB`s first climate agreement with an Italian city and the second in Europe.
The European Bank is committed to aligning all its financing activities with the climate targets set by the Paris Agreement. An intense and unique calendar puts the Italian city in the spotlight of global sport over the next few years to access this tender documentation and visit the electronic tendering platform: “We are pleased to develop our long-standing partnership with the EIB and our long experience in the regions involved. Climate finance is a great way for international donors to make positive changes to communities around the world and that is why it has become one of our priorities,” said Christophe Leroy, Director of Operations in Belgium. “This project fits the strengths of our team perfectly, so we look forward to going.” The NTU consortium has been shortlisted for the EIB`s framework agreement in the transport sector.