Integrated Water Resources Management Framework (EBRD-55371)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Kyrgyzstan
  • Tajikistan
Geographic location where the impacts of the investment may be experienced.
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
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
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 11, 2024
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
Governments of Kyrgyzstan and Tajikistan
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Law and Government
  • 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)
$ 107.92 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 100
Converted using 2024-05-13 exchange rate.
Project Cost (USD)
$ 145.69 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 135
Converted using 2024-05-13 exchange rate.
Bank Documents
Other Related Projects
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jul 17, 2024

Disclosed by Bank May 13, 2024

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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.

According to the Bank’s website, the project consists of sovereign debt facilities for an aggregate amount of up to EUR100 million to be co-financed with concessional funds from international or bilateral donors for investments in water supply and sanitation and irrigation in the Kyrgyz Republic (KR) and Tajikistan (TJ).

The proposed framework aims to unify investment and policy dialogue initiatives addressing water access and quality challenges in the KR and TJ under an integrated water resource management approach enabling to manage limited water resources in a cross-sectorial, coordinated and comprehensive comprehensive manner in response to climate change, pollution and water scarcity in the region.

The framework will expand the Bank's efforts in the both countries across key water sub-sectors, standardise its operations to bring operational efficiency and coherency of investment and policy interventions in the sector. The framework will also introduce an additional focus on governance of the irrigation sector to recognise the impact of agriculture on the water resources.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The Framework is not categorised under the 2019 Environmental and Social Policy; however, each sub-project under the Framework will be categorised and will undergo Environmental and Social Due Diligence based on the proposed priority investment programme. The Framework targets an integrated approach to manage water resources in response to the climate change, pollution and water scarcity in the KR and TJ and is likely to result in significant environmental and social benefits. Due to limited financial resources and affordability constraints it is anticipated that it may not be possible to bring most of sub-projects under the Framework into full compliance with the EU drinking water quality and wastewater treatment and discharge standards. Therefore, a derogation from PR3 for the sub-projects under the Framework will be sought from the Bank's Board. All sub-projects categorised "A" will be submitted to the Board for approval regardless of size of the loan. It is expected that the clients under the Framework will have low Environmental and Social capacity and will require TC support for implementing Environmental and Social Action Plan.

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

Sovereign debt facilities for an aggregate amount of up to €100 million to be co-financed with concessional funds from international or bilateral donors.

The sub-projects are expected to be co-financed by capital grants from international donors or the EBRD Shareholder Special Fund.

Capital expenditure: € 135 million
Technical cooperation: € 15 million


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.

No contacts available at the time of disclosure.

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.com or by using this electronic form: https://www.ebrd.com/eform/information-request

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 at: 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

How it works

How it works