Integrated waste management Programme in Jujuy (EIB-20170224)

Countries
  • Argentina
Where the impacts of the investment may be experienced.
Specific Location
Province of Jujuy
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
  • European Investment Bank (EIB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.45 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 0.90 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ EIB website

Updated in EWS Oct 13, 2017

Disclosed by Bank Jun 6, 2017


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Project Description
The project is a framework loan to support the implementation of an integrated waste management system for the collection, treatment and disposal of municipal solid waste generated in the province of Jujuy, Argentina. The project contributes to several Sustainable Development Goals (SDGs) and in particular to SDG11 - sustainable cities and communities - by helping to reduce the adverse environmental impact of cities. It will significantly contribute to the reduction of greenhouse gas emissions, thus contributing to climate change mitigation. The project is contributing to an environmental sustainability priority area identified in the Multiannual Indicative Programme for Latin America under the EU Development Cooperation Instrument 2014-2020. ENVIRONMENTAL ASPECTS Due to their technical characteristics most of the treatment and disposal facilities are subject to a mandatory environmental impact assessment (EIA). The associated reports will be submitted to the Bank before any disbursement. The existing project aims to phase out the dumping of untreated waste, rationalising and improving the current solid waste disposal practices and gradually bringing the province into compliance with acceptable international environmental standards in this sector.
Investment Description
  • European Investment Bank (EIB)
Proposed EIB finance (Approximate amount): USD 45 million (EUR 40 million) Total cost (Approximate amount): USD 90 million (EUR 80 million)
Contact Information
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