Implementation Project of the Integral Management Plan of the Lujan River Basin (GCF-FP054)

Countries
  • Argentina
Where the impacts of the investment may be experienced.
Specific Location
Buenos Aires
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Green Climate Fund (GCF)
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
Oct 1, 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
  • Infrastructure
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant, Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 58.60 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 57.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Grant Amount (USD)
$ 1.60 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)
$ 315.40 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 @ GCF website

Updated in EWS Jul 29, 2020


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Project Description

Argentina’s Buenos Aires Province has experienced intense rainfalls and flooding that have adversely impacted the Lujan River Basin. These are caused by a combination of factors including climate factors leading to increased rainfall frequency and intensity, the physical characteristics of the river basin, and other factors linked to land-use, urbanization and road and water infrastructure.

The Lujan River Comprehensive Plan will address these problems. Structural adaptation measures such as increasing the conveyance capacity of the river, the construction of retention basins and the substitution of inflatable dams for lock gates will be combined with non-structural measures such as an early warning system, improved land-use management and institution strengthening. GCF’s financing will support the climate adaptation-related measures, while CAF and the Buenos Aires Province provide co-financing for the other non-climate measures.

Investment Description
  • Green Climate Fund (GCF)
Contact Information

Corporación Andina de Fomento (CAF)
Mr. Antonio García
Tel: +57 1 743 7369
Ms. Cristina Dozsa
Tel: +58 212 209 2120

 

ACCESS TO INFORMATION

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