Waste management

Financing the development, construction, operation and maintenance of waste management, sorting and recycling facilities, activities and operations according to the following criteria: 

• Waste prevention, reduction and recycling projects, including the development, operation and upgrade of recycling plants and associated activities for metals, plastic and paper.
• The recycling of electronic waste will be accompanied by a robust waste management plan to mitigate associated risks

Renewable Energy

Financing of the purchase, acquisition, development, manufacturing, construction, installation, operation, distribution and maintenance of renewable energy generation projects related to wind, solar, hydropower, biomass and hydrogen in accordance with the following criteria: 

• Onshore solar photovoltaic generation and concentrated solar power (CSP) plants. CSP projects will be limited to those that generate at least 85% of the electricity from solar energy sources.
• Hydropower projects financed under the Framework will be either: i) run-of-river without an artificial reservoir or with low storage capacity; or ii) have power density greater than 5 W/m2 or emissions intensity below 100 gCO2e/kWh. Hydropower facilities that became operational after 2020 will have either: i) power density greater than 10 W/m2; or ii) life cycle carbon intensity below 50 gCO2e/kWh. Additionally, all new hydropower projects will undergo an environmental impact assessment conducted by a credible body to ensure that no significant environmental risks, negative impacts or controversies have been identified.
• Energy storage projects such as fuel cells. Energy storage projects financed will be connected to renewables.
• Manufacture of hydrogen through electrolysis powered by renewable energy, and equipment for the production and use of hydrogen powered by renewable energy.
• Bioenergy produced from anaerobic digestion or composting of: i) agricultural and forestry residues; ii) sewage sludge; iii) biowaste such as bio soils and animal manure, fats and oils.

Circular Economy

Eco-efficient Circular Economy Adapted Products, Production Technologies and Processes category of eco-efficient products and production activities that increase resource efficiency.Onshore solar photovoltaic generation and concentrated solar power (CSP) plants. CSP projects will be limited to those that generate at least 85% of the electricity from solar energy sources.

This can concern the following acivities:

• Projects that extend the life cycle of products. This may include product reuse, repair, refurbishment and regeneration; integration of modular design or design for disassembly; and incorporation of take-back schemes or reverse logistics.
• Production technologies that use recycled resources, such as bio-based materials. The Bank has confirmed that the production of bio-based materials will be limited to those certified under the Roundtable on Sustainable Biomaterials. We intend to finance the following technologies : i) bio-based sorbents, ii) waste sanitation.
• Production of metal-based products with: inputs being scrap or recycled metal