BPCE WATER RESILIENCE MBIL

The Multi-beneficiary Intermediated Loan (MBIL) will support BPCE in the implementation of their Water Strategy in France. BPCE will use this loan to support projects that reduce climate-induced water-related risks across a range of sectors and including investments in water efficiency, leakage reduction, water-reuse, wastewater treatment and flood resilience.

The aim is to finance investments carried out by small and medium-sized enterprises (SMEs), mid-caps, corporates, public-sector entities and other eligible final beneficiaries in France. The operation will support investments that improve water efficiency, strengthen resilience to water-related climate risks and contribute to sustainable water management.

The proposed operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Borrower / Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.

Final beneficiaries will be required to comply with applicable national and EU procurement legislation, as appropriate.