As part of the guarantee agreement signed on 20 December 2022 between the European Commission and Caisse des Dépôts for €350m, the InvestEU Investment Committee approved an initial €80m guarantee for two debt framework operations offered by Caisse des Dépôts: tourism recovery and urban renewal.
The InvestEU guarantee will enable Caisse des Dépôts to deploy its loans more quickly to support sustainable tourism and priority districts.
Tourism Recovery Loans are offered to tourism businesses and aim at modernising tourism infrastructure: hotels, museums, marinas, theme parks, etc. in France, including in the overseas territories. These loans will also enhance sustainable tourism based, inter alia, on energy efficiency, the economical use of resources, respect for the environment.
Urban Renewal Loans are offered to all local public sector stakeholders with an urban renewal project as part of the French urban policy programs.
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