Development of a Forest Waste-to-Energy Model to Cover the Basic Needs of the Vu (IADB-AR-T1175)

Countries
  • Argentina
Where the impacts of the investment may be experienced.
Financial Institutions
  • Inter-American Development Bank (IADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
C
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 2, 2017
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
Government of Argentina
The holder of the loan, grant, or other investment.
Sectors
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.83 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 1.66 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IADB website

Updated in EWS Nov 21, 2017


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Project Description
The project proposes to operate an innovative system of waste-to-energy which it could develop "briquettes" from pruning residues and other organic wastes. A semi-industrial briquette production system will be developed from an extrusion process. There will be five centers installed of briquettes, in the Municipal ejido of Bariloche, which will be operated by SMEs and pre-existing cooperatives. The briquettes produced in the processing plant will supply all the demand for the combustion material of the "Plan Calor" that the Bariloche Goverment executes, through a purchase agreement (off-take agreement).
Investment Description
  • Inter-American Development Bank (IADB)
TOTAL COST: USD 1,664,800 COUNTRY COUNTERPART FINANCING: USD 833,200 IADB FINANCING: USD 831,600
Contact Information
ACCOUNTABILITY MECHANISM OF IADB The Independent Consultation and Investigation Mechanism (MICI) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an Inter-American Development Bank (IDB) or Inter-American Investment Corporation (IIC)-funded project. If you submit a complaint to MICI, they may assist you in addressing the problems you raised through a dispute-resolution process with those implementing the project and/or through an investigation to assess whether the IDB or IIC is following its own policies for preventing or mitigating harm to people or the environment. You can submit a complaint by sending an email to MICI@iadb.org. You can learn more about the MICI and how to file a complaint at http://www.iadb.org/en/mici/mici,1752.html (in English) or http://www.iadb.org/es/mici/mici,1752.html (Spanish).