Maldives Clean Environment Project (WB-P160739)

Countries
  • Maldives
Where the impacts of the investment may be experienced.
Financial Institutions
  • World Bank (WB)
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
A
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
Jun 23, 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
Ministry of Finance and Tresury
The holder of the loan, grant, or other investment.
Sectors
  • Climate and Environment
  • Technical Cooperation
  • Water and Sanitation
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 17.50 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)
$ 17.50 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Bank Documents
Primary Source

Original disclosure @ WB website

Updated in EWS May 3, 2018

Disclosed by Bank Oct 11, 2016


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

Project Description

This project provides financing for improved solid waste management in selected zones in the Maldives. The components of the project include:

  • development and improvement of National Solid Waste Management Strategy;
  • establishment Regional Waste Management Systems in Zones II, IV, and V through providing equipment, accessing roads and building necessary facilities;
  • completion of island-level facilities for managing the collection, segregation, on-site treatment, and storage of residual waste until final transfer to the common facility;
  • provision of an immediate response to an eligible emergency.

 

Investment Description
  • World Bank (WB)
Contact Information

World Bank:
Contact: James Orehmie Monday
Title: Senior Environmental Engineer

Contact: Gaurav D. Joshi
Title: Senior Environmental Specialist

Borrower/Client/Recipient:
Ministry of Finance and Treasury

Implementing Agencies
Name: Ministry of Environment and Energy, MEE
Contact: Ahmed Murthaza
Title: Director General
Email: ahmed.murthaza@environment.gov.mv

ACCOUNTABILITY MECHANISM OF WORLD BANK

The World Bank Inspection Panel is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by a World Bank-financed project. If you submit a complaint to the Inspection Panel, they may investigate to assess whether the World Bank is following its own policies and procedures for preventing harm to people or the environment. You can contact the Inspection Panel or submit a complaint by emailing ipanel@worldbank.org. You can learn more about the Inspection Panel and how to file a complaint at: http://ewebapps.worldbank.org/apps/ip/Pages/Home.aspx.