This project is still under review by the EWS. Project information and/or project analysis may be incomplete.
Mersin Wastewater Project (EBRD-43170)

Countries
  • Turkiye
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
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
May 29, 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 1, 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:TURKISH Turkish PROJECT DESCRIPTION The EBRD is considering extending a loan of up to EUR20 million to the Mersin Water and Sewerage Administration ("Meski") to finance the construction of the greenfield Mezitli Wastewater Treatment Plant (the "Project"). The loan will be guaranteed by the City of Mersin (the "City"). TRANSITION IMPACT The Project will support environmental improvements and continued commercialisation of Meski. It will also have the potential demonstration effect of a direct loan to a Turkish water utility by an international financial institution without a sovereign guarantee.Performance improvements and further commercialisation of Meski are expected via a public service contract which will bring greater transparency on financial management, investment planning, unaccounted-for water, organisational efficiency, and customer relations. The preparation of a draft public service contract and recommendations for corporate restructuring to help achieve the objectives of such a contract will be supported by a TC.Furthermore, the Project will enable the City, which is located directly on the Mediterranean Sea, to treat all municipal wastewater in accordance with EU and Turkish standards. Encouraging investment in new technology (e.g. biogas capture for power and heat co-generation) that exceeds national requirements is also intended to have a demonstration effect. THE CLIENT Meski is the water and wastewater utility owned by and serving the City of Mersin. It will be the borrower of the proposed loan and the owner and operator of the Mezitli Wastewater Treatment Plant. EBRD FINANCE Up to EUR20 million for the construction of the Mezitli Wastewater Treatment Plant. PROJECT COST The total project cost is estimated at approximately EUR25 million including taxes, duties and technical co-operation support. ENVIRONMENTAL IMPACT The Project has been categorised B in accordance with the EBRD Environmental and Social Policy, following an initial environmental and social examination (IESE). The IESE, including a site visit, conducted by independent consultants showed that the potential environmental and social (E&S) impacts of construction/rehabilitation of wastewater treatment plants and extension and rehabilitation of sewerage networks are site-specific, readily identified and addressed through adequate mitigation measures. No environmental or social sensitivities were identified on or nearby the project site. The design capacity of the new wastewater treatment plant (WWTP) planned to be constructed under the project does not exceed the 150,000 p.e. threshold for A-category projects in EBRD Environmental and Social Policy, Appendix 1. TECHNICAL COOPERATION Full financial, technical, environmental and social due diligence is being carried out for the proposed project. This includes an audit and restatement of Meski's accounts and a full technical, environmental and social review. This technical co-operation was funded from the EBRD's internal resources.In the post signing stage two technical co-operation assignments are foreseen:Project Implementation Support Services
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