GrCF2 W2 Lviv Wastewater Project (EBRD-51539)

Countries
  • Ukraine
Where the impacts of the investment may be experienced.
Specific Location
Lviv
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
Proposed
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
Mar 24, 2020
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
Water and Sewage Company of the City of Lviv
The holder of the loan, grant, or other investment.
Sectors
  • 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)
$ 16.52 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 15
Converted using 2019-10-10 exchange rate.
Project Cost (USD)
$ 29.07 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 26.4
Converted using 2019-10-10 exchange rate.
Other Related Projects
Primary Source

Original disclosure @ EBRD website

Updated in EWS Dec 6, 2019

Disclosed by Bank Oct 10, 2019


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Project Description

According to the Bank's website, this project finances rehabilitation and modernisation of two operating wastewater treatment plants. 

This project is part of the Green Cities Framework 2. 

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

The EBRD loan is a part of a broader financial package, which includes a € 3 million loan from the Nordic Environment Finance Corporation.

Private Actors

Lviv City Communal Enterprise "Lvivvodokanal", a municipal utility wholly-owned by the City of Lviv, is responsible for the water intake, treatment, supply and distribution as well as for the wastewater collection, treatment and discharge in Lviv. The Company operates 1100 km of water networks, water treatment facilities and 17 water intakes located at the distances of 10 to 105 km from the City. The Company also operates two wastewater treatment plants located at each bank of the Poltva River (the Baltic Sea catchment area).

Contact Information

Dmytro Vankovych
lvivvodokanal@ukr.net
+38 (032) 240-11-40
+38 (032) 276-74-07
https://lvivvodokanal.com.ua/
64 Zelena St., Lviv, Ukraine 79017

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.