The social development bank in Europe

Filtering by Country: 'Portugal' Filtering by Year: '2018' Clear

All CEB loans are granted in accordance with the Bank’s mandate. They have to meet specific technical and social criteria, and be in strict conformity with the Bank’s environmental, procurement and compliance guidelines and policies.

The sectoral lines of action underpin the CEB’s three-year development plan, which forms the Bank’s medium term strategy. The current Development Plan 2020-2022 organises these lines into Inclusive growth: working to guarantee access to economic opportunities to ensure a prosperous future for all; Support for vulnerable groups: helping to integrate the most vulnerable citizens to nurture a more diverse society and Environmental sustainability: supporting a liveable society that promotes environmental sustainability, mitigates and adapts to climate change , corresponding to the new strategic priorities established by the CEB to better support the social policies of its member countries.

Latest projects approved:

DateBorrowerLine of actionAmountSummary
15/06/2018Empresa de Desenvolvimento e Infra-estructuras do Alqueva S.A (Portugal)Climate action: developing adaptation and mitigation measures€ 45 000 000Investments within the Alqueva Multi-Purpose Project (EFMA) which foresees the installation of floating solar plants to power water pumping stations in the South East of Portugal, with the aim of reducing energy costs and the environmental footprint of EDIA’s irrigation systems. Final beneficiaries will be farmers using the Borrower’s energy and cost saving irrigation systems and, more in general, the Portuguese population who will benefit from a cleaner environment as a result of the reduction in carbon emissions.
15/06/2018Instituição Financeira de Desenvolvimento S.A (Portugal)Sustainable and inclusive growth
Climate action: developing adaptation and mitigation measures
€ 100 000 000Investments in innovation and technology as well as in renewable and efficient energy to enhance the sustainability, energy efficiency, growth and creation and preservation of viable jobs in MSMEs. Final beneficiaries will be the employees of eligible MSMEs as well as job seekers throughout the country who will benefit from the creation and maintenance of short-term as well as permanent jobs.