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VAE starts demonstrations of EO to the European Investment Bank

Over the last 2 years, The European Space Agency (ESA) has intensified dialogue with Multi-National Development Banks (e.g. World Bank, European Investment Bank, etc) regarding the use of EO-based information within their operations.

This is being carried out under the Value-Adding Element of EOEP, which aims to support specialist EO service providers (value-adding companies and organisations) to develop sustainable business.

Although the general potential of EO is well-recognised by the Banks, there is a need to demonstrate this potential for the specific requirements of Bank projects.

The longer-term goal is to convince Banks that EO technology should be referenced as ‘best practice’ to be used in the planning, implementation, monitoring and assessment of future Bank projects and operations.

This ongoing exercise is now focussing on the specific needs of the “European Investment Bank” (EIB).

An ITT (ESRIN/AO/1-6584/11/I-AM) has been issued on EMITS with closing date on 2 Sep 2011 at 12:00 hrs.
The ITT specifies the EO products/services to be produced and delivered in support of 11 different projects within the Bank.

Source ESA