STICHTING NETHERLANDS WATER PARTNERSHIP (FMO-53592)

Regions
  • Europe and Central Asia
Where the impacts of the investment may be experienced.
Countries
  • Netherlands
Where the impacts of the investment may be experienced.
Financial Institutions
  • Netherlands Development Finance Company (FMO)
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
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.
Voting Date
Feb 26, 2018
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
Waternet
The holder of the loan, grant, or other investment.
Sectors
  • Industry and Trade
  • 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)
$ 0.04 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 0.03 MLN
Converted using 2018-02-26 exchange rate.
Primary Source

Original disclosure @ FMO website

Updated in EWS Aug 3, 2018


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Project Description

This project provides financing to Waternet to support access to safe and affordable drinking water, increase of water-use efficiency and expansion of international cooperation and capacity building. FMO's funding will be used for the creation of a baseline assessment of utility performance, and to highlight areas of improvement to increase operational efficiency. 

Investment Description
  • Netherlands Development Finance Company (FMO)
Private Actors
  • Waternet -- Implementing Company
Contact Information

No contact information available at time of writing.

ACCOUNTABILITY MECHANISM OF FMO

Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism