Moldova Sustainable Water Supply Project (EBRD-55907)

Regions
  • Europe and Central Asia
Geographic location where the impacts of the investment may be experienced.
Countries
  • Moldova
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
B
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
Dec 17, 2025
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
Government of Moldova
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • 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, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 56.25 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 50
Converted using 2025-05-09 exchange rate.
Loan Amount (USD)
$ 56.25 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 50
Converted using 2025-05-09 exchange rate.
Project Cost (USD)
$ 67.50 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 60
Converted using 2025-05-09 exchange rate.
Primary Source

Original disclosure @ EBRD website

Updated in EWS Jun 4, 2025

Disclosed by Bank May 9, 2025


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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.

As stated by the EBRD, the project consists of a sovereign loan to the Republic of Moldova, represented by the Ministry of Finance for the benefit of the Ministry of Agriculture and Food Industry, and (or) the National Agency for Land Improvement to finance the rehabilitation of three key centralised irrigation systems. The Project aims to support the Moldovan Government in addressing priority investment needs, by enabling farmers' access to water resources through irrigation. The investments are envisaged to be implemented by the MAFI, which will involve relevant state authorities and agencies.

The Project aims to rehabilitate three key centralised irrigation systems in Moldova and expand the overall irrigated areas in the country. It is expected to involve the repair, modernisation, and construction of critical primary irrigation infrastructure with a focus on enhanced water and energy efficiency leading to measurable cost and CO2 savings. The Project would enable local farmers' access to water resources helping them mitigate the adverse effects of exposure to potential droughts in Moldova improving climate resilience. The Project ultimately paves way to subsequent private investments in modern agricultural technologies and infrastructure along the value chain, including post-harvest processing and on-farm irrigation systems.

 

The additionality for the Project stems from:

ENVIRONMENTAL AND SOCIAL SUMMARY

Categorised B (2019 ESP). Environmental and social impacts associated with the proposed rehabilitation of three key centralised irrigation systems are expected to be localised and easily addressed with the appropriate avoidance and impact mitigation measures. Expected benefits of the Project include an improved energy and water use efficiency of the existing irrigation network, its repair, modernisation and construction of required primary irrigation infrastructure critical for the country. An independent Environmental and Social Due Diligence (ESDD) for the proposed Project will be conducted as part of the feasibility study to ensure that all associated Project's environmental and social (E&S) risks and impacts are identified, and appropriate mitigation measures are proposed for implementation. Typical issues that will be assessed include E&S management systems, labour and working conditions during Project implementation, ecosystem services, land take needs and livelihoods, impacts on biodiversity, and community engagement.

The Client will need to manage impacts of construction and oversee contractors, assess water intake impacts on other users through livelihood restoration and water management. Project- specific Stakeholder Engagement Plan (SEP) and community grievance mechanism, as well as E&S Management and Monitoring Plan for construction and operation phases will need to be developed.

The Client will be supported by the Bank in Project preparation, setting up Project Implementation Unit (PIU) and receive capacity building required for successful implementation of the Project.

The Project will be structured to comply with EBRD E&S requirements via the Environmental and Social Action Plan (ESAP) that will be agreed with the Client prior to Project approval by the Board. The proposed investment is indicatively assessed as aligned with Paris Agreement mitigation goals and GET will be derived from climate mitigation and adaptation measures and will be confirmed during the Project's due diligence. EBRD will monitor Project implementation via regular E&S reporting and site visits as required.

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

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.

Client - Government of Moldova:

Vasile Nemtanu
Email: vasile.nemtanu@maia.gov.md
Phone: +373 22 204536
Website: https://maia.gov.md/
Address: MD-2004, Chisinau, 162 Stefan cel Mare si Sfant Blvd

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