Summary sheet
Release date
8 September 2025
Status
Reference
Approved | 10/12/2025
20240124
Project name
Promoter - financial intermediary
SOLOMON WATER FACILITY
SOLOMON ISLANDS WATER AUTHORITY (SIWA)
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
USD 24 million (EUR 21 million)
USD 26 million (EUR 22 million)
Location
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Description
Objectives
The facility will provide additional financing to support the reconfiguration of the sewerage system in Honiara, as part of the Urban Water Supply and Sanitation Sector Project (UWSSSP) in the Solomon Islands.
The project targets pollution reduction and climate resilience.
Environmental aspects
Procurement
The Promoter will be required to implement and operate the investments in conformity with national laws, as well as EIB's Environmental and Social Standards. The project intends to bring environmental benefits by helping to reduce pollution from untreated discharge of sewage and to strengthen Solomon Water's resilience to climate change, bringing into project design a number of features adopted by advanced water utilities around the world.
The Bank will require the Promoter to ensure that any procurement under the project will be done in accordance with the EIB's Guide to Procurement.
Under Global Europe NDICI guarantee
Under EFSD+ Guarantee
Milestone
Under appraisal
Approved
10 December 2025
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