Natural Capital Finance Facility (NCFF)

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1 LIFE14 CAP/SI/ Natural Capital Finance Facility (NCFF) Stefanie Lindenberg Evropska investicijska banka Predstavitev pilotnega finančnega mehanizma NCFF 31. maj 2018, hotel Brdo

2 Natural Capital Finance Facility (NCFF) Stefanie Lindenberg, EIB NCFF Coordinator Kranj, 31 May 2018 Stefanie Lindenberg, Coordinator NCFF at EIB 05/06/2018 European Investment Bank Group 2

3 The European Investment Bank (EIB) EIB is the EU s long-term lending bank set up in 1958 by the Treaty of Rome, headquartered in Luxembourg Financing is in support for EU priority objectives: climate change, sustainable infrastructure, energy, urban and regional development,rdi, SMEs EIB shareholders are the 28 EU Member States Largest multilateral lender and borrower in the world Around 400 projects annually in more than 160 countries 10/05/2016 European Investment Bank Group 3

4 What is the NCFF & Objectives A financial instrument blending EIB finance with EC funding under the LIFE programme (the EU s funding programme for the environment and climate action) Loans & grant-based technical assistance component Overall size: EUR million Target: 9-12 or more operations Pilot phase: /05/2015 European Investment Bank Group 4

5 Objective Support of objectives of LIFE regulation/programme by financing projects inside the EU that: 1. Are likely to have a positive impact on biodiversity and/or 2. Apply nature-based solutions for adaptation to climate change 05/06/2018 European Investment Bank Group 5

6 NCFF Set-Up Generate revenues or save costs Typical operation size: EUR 2-15 million Loan (direct or intermediated) Fund (participation) Tenor 25 years and possibly longer, 3 years grace period Up to 75% of project costs Private (commercial, NGO) or public entities Support Facility (TA): EUR 10 million up to a max of EUR 1 million per project 05/06/2018 European Investment Bank Group 6

7 Support Facility Technical & environmental feasibility studies, e.g. how to incorporate biodiversity specifications in tender, climate change impacts, risk analysis, data collection, development of optimal adaptation solutions Financial & legal Improve and refine business plan/model Identify adequate legal structure Advise on interpretation of EU/national regulation Monitoring & evaluation Biodiversity baseline studies Monitoring Assess success of adaptation activties 05/06/2018 European Investment Bank Group 7

8 What type of projects can the NCFF finance? 1. Green/blue infrastructure 2. Payment for ecosystem services 3. Biodiversity offsets (compensation beyond legal requirements) 4. Pro-biodiversity and adaptation businesses 05/06/2018 European Investment Bank Group 8

9 Green/blue infrastructure Cities or Municipalities 05/06/2018 European Investment Bank Group 9

10 Green walls, green roofs, roof gardens

11 Sustainable urban drainage systems

12 Tree planting

13 Urban gardening, pro-biodiversity businesses

14 Urban greening I) Pure green infrastructure Green open spaces, parks, recreational areas, green corridors Green walls, green roofs, creation of ponds Re-naturalization of river flows, rehabilitation of flood plains, coastal stretches Restoration of urban woodland Urban gardens Bio-restoration of brownfield sites II) Integration of green/blue components into traditional infrastructure and/or in the redesign of existing Infrastructure Overarching objective Green cover target Alternative design measures

15 Green corridors under electricity transmission lines

16 River re-naturalization

17 Eco-tourism & conservation 05/06/2018 European Investment Bank Group 17

18 Natural products - Organic agriculture, cosmetics, medicinal 05/06/2018 European Investment Bank Group 18

19 How to get started 05/06/2018 European Investment Bank Group 19

20 Get in touch NCFF contact form to set up a call 05/06/2018 European Investment Bank Group 20

21 Contact Webpage: EIB NCFF EIB NCFF Team Jane Feehan - Operational Vasco Ferreira da Costa - Operational Stefanie Lindenberg -Technical-Coordinator Support Facility Eva Mayerhofer - Technical & Biodiversity 05/06/2018 European Investment Bank Group 21

22 Thank you! 05/06/2018 European Investment Bank Group 22