Early Warning System

Countries

Brazil

Geographic location where the impacts of the investment may be experienced.

Specific Location

Sao Paulo

Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.

Financial Institutions

IDB Invest (IDBI)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Proposed

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Sep 22, 2020

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

Companhia de Saneamento Basico do Estado de Sao Paulo (Sabesp)

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Water and Sanitation

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 17.47 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Currency conversion note:
Bank reported 95
Converted using 2020-08-07 exchange rate.

Primary Source

Original disclosure @ IDBI website

Updated in EWS Aug 8, 2020

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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

The proposed operation consists of financing for Companhia de Saneamento Basico do Estado de Sao Paulo SA ("Sabesp"), in order to support it in the installation of: (i) five Water Quality Recovery Units in Informal Areas (" URQs ") in the Pinheiros River basin, being: URQ Jaguaré, URQ Antônio, URQ Pirajussara, URQ Água Espraiada and URQ Cachoeira; and (ii) thirty-one photovoltaic mini-generator plants ("UFVs"), with powers below 5 MWp and a total of 59 MW of installed power, to be implemented in Sabesp's operational areas in the State of São Paulo, contributing to the expansion of production of renewable energy and diversification of the company's energy matrix (the "Project").

People Affected By This Project

People Affected By This Project refers to the communities of people likely to be affected positively or negatively by a project.

Esta operacao foi pre-classificada na categoria B, em conformidade com a Politica de Sustentabilidade Ambiental e Social (PSAS) do BID Invest, pois apresenta riscos e impactos de baixa a media intensidade, os quais podem ser mitigados por meio de medidas disponiveis e de implementacao viavel no contexto da operacao proposta.

Durante o processo de Devida Diligencia Ambiental e Social (DDAS), o BID Invest e o Consultor Independente avaliarao, principalmente, os seguintes pontos: i) arranjo de gestao e compartilhamento de responsabilidades entre o Cliente e as empresas subcontratadas para o gerenciamento dos aspectos ambientais, sociais e de saude e seguranca ocupacional em atendimento aos requisitos legais brasileiros, assim como aos requisitos da PSAS; ii) planos e programas para o gerenciamento de aspectos e impactos ambientais e sociais associados a etapa de obras e de operacao das URQs e UFVs, incluindo o gerenciamento de produtos perigosos, residuos solidos, controle de ruido e de odores gerados no tratamento das URQs; e iii) gestao estruturada pelo Cliente e empresas subcontratadas das atividades de engajamento e relacionamento com as comunidades vizinhas as URQs. A empresa devera garantir que o Projeto atenda aos requisitos da Politica de Sustentabilidade do BID Invest e elimine eventuais lacunas por meio de um plano de acao socioambiental.

Na base das informacoes recebidas e revisadas ate o momento, os Padroes de Desempenho (PDs) aplicaveis ao Projecto sao: PD1: Avaliacao e Gestao de Riscos e Impactos Socioambientais; PD2: Condicoes de Emprego e Trabalho; PD3: Eficiencia de Recursos e Prevencao da Poluicao; e PD4: Saude e Seguranca da Comunidade..

Apos a conclusao do processo DDAS, um Resumo da Revisao Ambiental e Social (RRAS ou ESRS) sera preparado e publicado neste site.

Informacoes de contato

No caso de duvidas sobre o projeto, entre em contato com o nome indicado naGuia Resumo do investimento.

No caso de perguntas e comentarios para o BID Invest, entre em contato com:

Nome: Grupo de Comunicacao do BID Invest

E-mail:divulgacionpublica@IDBInvest.org

Alem disso, as comunidades afetadas podem acessar o Mecanismo Independente de Consulta e Investigacao do BID Invest (MICI) pelos seguintes canais:

Telefone: +1 (202) 623-3952

Fax: +1 (202) 312-4057

Endereco: 1300 New York Ave. NW Washington, DC. USA. 20577

E-mail:mecanismo@iadb.orgouMICI@iadb.org

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

IDB Invest (IDBI)

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Contact for questions about the project:

Mario Azevedo de Arruda Sampaio
Position: Superintendente de Captacao de Recursos e RI
Phone: +55 11 3388 9664
E-mail:maasampaio@sabesp.com.br