Original disclosure @ AIIB website
Updated in EWS Jun 21, 2021
Disclosed by Bank Sep 27, 2019
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According to bank documents, "The main objective of the project is to establish an integrated solid waste management system in Greater Malé.
The proposed project has the following components:
• Component 1 - Establishment of climate resilient regional waste management facility, including: (a) construction of a 500-ton per day (tpd) Waste-to-Energy (WTE) plant with flue gas treatment, emissions monitoring, bottom ash processing plant, and ash disposal landfill with leachate treatment ponds; (b) construction of a sorting facility to support recycling; and (c) construction of a transfer station in Hulhulmalé.
• Component 2 - Remediation and closure of existing dumpsite on Thilafushi Island.
• Component 3 - Building institutional capacity and community awareness in sustainable waste management."
- AIIB loan: USD38.42 million
- ADB loan: USD30 million
- ADB grant: USD30 million
- Japan Fund for the Joint Crediting Mechanism (JFJCM) grant: USD9.5 million
- Islamic Development Bank: USD15.05 million
- Government: USD6.5 million
Toshiaki Keicho, Sr. Investment Operations Specialist
Luca Di Mario, Urban Development Specialist
Ministry of Environment and Energy
Ahmed Murthaza, Director General
ACCOUNTABILITY MECHANISM OF AIIB
The AIIB has established the Accountability Mechanism for Project-Affected People (PPM). The PPM provides “an opportunity for an independent and impartial review of submissions from Project-affected people who believe they have been or are likely to be adversely affected by AIIB’s failure to implement the ESP in situations when their concerns cannot be addressed satisfactorily through Project level GRMs or AIIB Management processes.” Two or more project-affected people can file a complaint. Under the current AIIB policy, when the bank co-finances a project with another development bank, it may apply the other bank's standards. You can refer to the Project Summary Information document to find out which standards apply. You can learn more about the PPM and how to file a complaint at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/how-we-assist-you/index.html.
The complaint submission form can be accessed in Arabic, Bahasa Indonesia, Bengali, Chinese, English, Tagalog, Hindi, Nepali, Russian, Turkish, or Urdu. The submission form can be found at: https://www.aiib.org/en/about-aiib/who-we-are/project-affected-peoples-mechanism/submission/index.html.