This project is still under review by the EWS. Project information and/or project analysis may be incomplete.
Karabalta Water Rehabilitation Project (EBRD-42007)

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
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
Feb 7, 2012
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.
Investment Amount (USD)
Not Disclosed
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.
Primary Source

Original disclosure @ EBRD website

Disclosed by Bank Feb 7, 2012


Contribute Information
Can you contribute information about this project?
Contact the EWS Team

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.
TRANSLATED VERSION OF THIS PSD:RUSSIAN Russian PROJECT DESCRIPTION The EBRD is considering supporting the Karabalta Water Rehabilitation Sub-Project. The EBRD would extend a loan with a sovereign guarantee of up to EUR2 million to the Kyrgyz Republic, to be on-lent to the Karabalta Water Company for improvement of water supply and wastewater services.The EBRD will also seek an investment grant from an international donor of EUR3 million to facilitate implementation of the project which will address urgently needed water and wastewater infrastructure rehabilitation needs.This support will be extended under the existing EBRD sovereign framework of up to EUR20 million, established by the Bank to co-finance with international donors priority water and wastewater rehabilitation sub-projects across the Kyrgyz Republic. The framework envisages sovereign loans that would be on-lent to the water companies involved as appropriate and would address urgently needed water and wastewater infrastructure rehabilitation needs. TRANSITION IMPACT Transition Impact of the sub-project would be: THE CLIENT Government of the Kyrgyz Republic, with on-lending to the Karabalta Water Company. EBRD FINANCE The proposal is for a loan of up to EUR2.0 million to the Kyrgyz Republic, on-lent to the Karabalta Water Company. PROJECT COST The total sub-project cost is EUR6.4 million including technical cooperation. The sub-project will be co-financed by an investment grant from an international donor. ENVIRONMENTAL IMPACT The project has been categorised B under the EBRD Environmental and Social (E&S) Policy. An Environmental and Social Audit/Review of current E&S management practices, operations and facilities, and an Environmental and Social Analysis of the proposed Priority Investment Programme (PIP) is underway as part of the Feasibility Study, by independent consultants.Based on the initial results of the due diligence, it can be concluded that the implementation of the proposed PIP is expected to significantly improve efficiency, reliability and quality of water supply and wastewater collection and treatment in Karabalta, thus contributing to the provision of uninterrupted access to safe drinking water, prevention of ground and watercourse pollution and improvement of public health.The PIP components will mainly involve the renovation of the existing water distribution, wastewater collection systems and water treatment plants. Any adverse future environmental and social impacts associated with the Project are site-specific and readily addressed through adequate mitigation measures. The implementation of the PIP involves construction works that will result in limited, localised and short-term adverse environmental impacts, which will be mitigated or prevented by adhering to good construction practices.The due diligence investigations showed that the existing water companies have weak Environment, Health, Safety, and Security management capabilities and that their current occupational health and safety and stakeholder engagement practices require further improvement to meet EBRD's Performance Requirements (PRs).Once the E&S due diligence for the project is completed, this PSD will be amended to include further information about potential E&S issues associated with the project and the Environmental and Social Action Plan (ESAP), which is under preparation to bring the new water company into compliance with national regulations and to meet EBRD's PRs, where financially feasible. TECHNICAL COOPERATION Pre-signing
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.
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.

How it works

How it works