📋 Tender Overview
Location: Regional
Project number: 55089
Business sector: Natural resources
Notice type: Private
Environmental category: FW
EBRD Finance Summary: EUR 150,000,000.00
Total Project Cost: EUR 150,000,000.00
Project Description
Junior Mining Programme (JUMP) is a € 150 million dedicated EBRD framework facility for equity and quasi-equity investments in early-stage mining companies in the EBRD's countries of operations. It focuses on small and medium-sized mining companies under-serviced by the limited depth of equity capital markets and private equity in the EBRD region. Investments under JUMP will primarily target the development of deposits where critical or strategic raw materials for green and digital transition are present as part of the product mix. Other raw materials such as base metals, precious metals, etc. will be financed on a selective basis to support wider economic development.
Project Objectives
JUMP's objectives are fully aligned with the international efforts to secure access to critical and strategic raw materials, which have been identified as a bottleneck to the realisation of the global transition to a low-carbon economy and the rollout of zero-emission mobility and renewable energy. JUMP aims to address the financing gap in the EBRD's region and helping to create responsible and well governed mining projects by engaging early to promote the highest ESG standards on projects from the outset.
Transition Impact
Investments under JUMP primarily target the Well-governed transition quality by promoting better governance on both sub-projects and national levels. As a secondary objective, projects under JUMP can target either (i) Green transition quality via supporting mining for climate action; or (ii) Inclusive transition quality via promoting inclusive business policies and practices.
