Innovation in the Solid Waste Management Sector in Belize (IADB-BL-T1105)

Countries
  • Belize
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
Approved
Bank Risk Rating
B
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
May 24, 2019
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
Governmnet of Belize
The holder of the loan, grant, or other investment.
Sectors
  • Technical Cooperation
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.50 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)
$ 0.50 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 Oct 28, 2019


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Project Description

The objective of SWMP II is to support Belize in its efforts to reduce environmental pollution through the improvement of solid waste management practices in emerging tourism destinations in northern and southern Belize, as well as in Belize's capital, Belmopan. Specifically, the project is financing investments to improve solid waste transport, recovery, and final disposal in towns and villages in the Northern (Orange Walk and Corozal) and Southern (Stann Creek and Toledo) Corridors and in Belmopan. The project is also aimed at strengthening SWaMA as the lead agency in the waste management sector. The dumpsites to be closed are those of Corozal Town, Orange Walk Town, Belmopan City, Dangriga Town, Placencia, and Punta Gorda Town. In these areas, transfer stations are presently being built. The objectives of the operation are to be achieved through investments in two components.

Investment Description
  • Inter-American Development Bank (IADB)

Japan Special Fund

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).