MR3: GAM Lagoon Remediation Project (EBRD-50488)

Countries
  • Jordan
Where the impacts of the investment may be experienced.
Specific Location
Russeifa city
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 Bank for Reconstruction and Development (EBRD)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Bank Risk Rating
B
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.
Voting Date
Nov 27, 2019
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Municipality of Greater Amman
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
  • Infrastructure
  • 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, etc.
Investment Amount (USD)
$ 4.63 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Currency conversion note:
Bank reported EUR 4,200,000.00
Converted using 2019-09-20 exchange rate.
Project Cost (USD)
$ 9.26 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Currency conversion note:
Bank reported EUR 8,400,000.00
Converted using 2019-09-20 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Apr 8, 2020

Disclosed by Bank Sep 20, 2019


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Project Description

According to bank documents, the investment involves rovision of EUR 4,200,000 for the construction of remedial infrastructure which involves a water tunnelling system that aims to drain a 200,000 m2 contaminated lagoon in the city of Russeifa (15 KM north east of Amman), to restore the original stormwater flow from Marka into Zarqa river, thus preventing the lagoon from forming again and mitigating the associated environmental hazards.

This contaminated lagoon was created due to the obstruction of natural water stream, which used to flow from Wadi Marka (a rainwater catchment area south-west to the lagoon), into Zarqa River (north-east of the lagoon). The obstruction, which was mainly due to industrial and mining activities in the area, resulted in complete blockage of water flow, thus creating a stagnant pond. With time, the lagoon got heavily polluted with industrial and domestic sewage, debris, waste, and other contaminants. The situation has significantly deteriorated since 2011, underpinned by the refugee crisis, which placed unprecedented pressure on the surrounding wastewater network resulting in more sewage leakages into the lagoon.

Investment Description
  • European Bank for Reconstruction and Development (EBRD)
Contact Information

Nemeh Qatnani
info@ammancity.gov.jo
0096264636111
www.ammancity.gov.jo
PO Box; 11118

ACCOUNTABILITY MECHANISM OF EBRD

The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at pcm@ebrd.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.