Memorandum of Understanding between the EIB and the International Union for Conservation of Nature (IUCN)

The Memorandum of Understanding (MoU) between the EIB and IUCN (2006) aims to strengthen the EIB's screening of biodiversity issues in projects it finances through:

Under this framework, cooperation activities between the EIB and IUCN can take the form of:

Consultation and advice on biodiversity concerns in investment projects: IUCN can provide advice on EIB initiatives, policies and strategies impacting on the diversity of life on earth. Examples may include reviews of guidelines on due diligence - such as environmental impact assessments - and provision of expert advice on biodiversity issues when evaluating projects
Capacity building: IUCN can assist the EIB with in-house training and awareness building on impact assessments and integration of biodiversity concerns, conservation-related concerns and/or mitigation measures into proposed projects
Monitoring: IUCN can assist the EIB to appraise projects it is considering for investment, and to monitor environmental biodiversity aspects of financed projects
Exchange of information: Regular contact to develop joint initiatives and to strengthen efforts to manage biodiversity issues consistently on a long term basis. This may include the support of studies and other actions of mutual interest.

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