Environmental lending BASE & CLEERE

Environmental lending facilities

BASE

The Baltic Sea Environment (BASE) lending facility is a financing source for projects with a positive effect of the Baltic Sea. The facility, alongside national budgets and EU funds, is aimed at assisting in the implementation of the Baltic Sea Action Plan adopted by the Baltic Marine Environmental Protection Commission—HELCOM with the purpose of restoring the ecological status of the Baltic marine environment by 2021. The BASE facility focuses on projects in the Baltic Sea area related to:

• eutrophication;
• hazardous substances;
• maritime transport;
• biodiversity conservation.

CLEERE

The Climate Change, Energy Efficiency and Renewable Energy (CLEERE) lending facility supports actions for combating and adapting to climate change around the world. Under the CLEERE facility, NIB finances projects:

• in renewable energy;
• in energy efficiency;
• using cleaner production technologies that reduce greenhouse gas emissions in industries;
• dealing with the adaptation of power networks and infrastructure to climate change, such as extreme weather conditions.