The social development bank for Europe

Genoa Municipal Investments Facility

  • Approval date

    5 July 2019

  • Borrower

    Municipality of Genoa

  • Country


  • Loan size

    € 50 000 000

  • Line of action

    Sustainable and inclusive growth
    Climate action: developing adaptation and mitigation measures

  • Status

    In progress

This EUR 50 million PFF (Public Sector Financing Facility) will part-finance eligible investments to support the Municipality’s budgetary needs for the period 2019-2021, in line with its strategic programme.

Final beneficiaries will be the inhabitants of the Municipality of Genoa, as well as the population of the metropolitan territory and tourists. Children with disabilities will also benefit from improved access to school buildings and facilities.

CEB and City of Genoa sign €50 million loan agreement to increase city’s resilience to natural disasters

Press release 24 October 2019