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    Signature(s)

    Amount (.*)
    € 10,000,000
    Countries
    Sector(s)
    Armenia : € 10,000,000
    Solid waste : € 10,000,000
    Signature date(s)
    1/12/2017 : € 2,000,000
    16/10/2015 : € 8,000,000
    (*) Including a € 60,000 Investment Grants provided by the EASTERN EUROPE ENERGY EFFICIENCY AND ENVIRONMENT PARTNERSHIP ,a € 120,000 Investment Grants provided by the EASTERN EUROPE ENERGY EFFICIENCY AND ENVIRONMENT PARTNERSHIP
    Link to source

    Summary sheet

    Release date
    3 June 2015
    Status
    Reference
    Signed | 16/10/2015
    20150017
    Project name
    Promoter - financial intermediary
    YEREVAN SOLID WASTE
    Special purpose company to be established and owned by the municipality of Yerevan
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 10 million
    EUR 35 million
    Location
    Sector(s)
    • Solid waste - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The project will comprise the construction of a new sanitary landfill that will have a total life in excess of 25 years. If deemed feasible, the project will also comprise some recycling and composting facilities and related equipment.

    The project will support improvements in the municipal solid waste sector in Yerevan, the capital of Armenia. Today, some 1,000 tonnes/day of municipal waste are disposed of at the existing landfill, which does not meet basic environmental and sanitary standards and is nearing its capacity. The new sanitary landfill will serve the city of Yerevan with a population of 1,100,000 inhabitants and will reduce adverse environmental, health and climate impact from the current landfill, which will be closed and rehabilitated when the new site becomes operational.

    Environmental aspects
    Procurement

    The project is expected to result in an overall improvement in the environment and public health by improving waste disposal services for the city of Yerevan. The project will also contribute to the mitigation of climate change by reducing emission of greenhouse gases from the current unsanitary landfill. A full environmental impact assessment (EIA) is required and will be published on the Bank's website. The closure of the existing landfill will affect people involved in the collection of secondary materials on the landfill site. Appropriate livelihood restoration plans will have to be developed and implemented.

    The Bank will require the promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.

    Under ELM Guarantee
    Comments

    This operation is covered by the ELM Guarantee.

    This operation is covered by the EU Guarantee for EIB loans outside the EU.

    Link to source
    Summary sheet

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Impact Assessment (ESIA) - YEREVAN SOLID WASTE -Environmental and Social Action Plan
    Publication Date
    3 Jul 2015
    Document language
    Main Topic
    Lending
    Document Number
    60142332
    Document Focus
    Environmental Information
    Project Number
    20150017
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - YEREVAN SOLID WASTE -Environmental and Social Impact Assessment
    Publication Date
    10 Jul 2015
    Document language
    Main Topic
    Lending
    Document Number
    60142333
    Document Focus
    Environmental Information
    Project Number
    20150017
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - YEREVAN SOLID WASTE-Livelihood Restoration Framework
    Publication Date
    10 Jul 2015
    Document language
    Main Topic
    Lending
    Document Number
    60142628
    Document Focus
    Environmental Information
    Project Number
    20150017
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - YEREVAN SOLID WASTE-Stakeholder Engagement Plan
    Publication Date
    10 Jul 2015
    Document language
    Main Topic
    Lending
    Document Number
    60144840
    Document Focus
    Environmental Information
    Project Number
    20150017
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Data Sheet (ESDS) - YEREVAN SOLID WASTE
    Publication Date
    3 Sep 2015
    Document language
    Main Topic
    Lending
    Document Number
    61155539
    Document Focus
    Environmental Information
    Project Number
    20150017
    Sector(s)
    Countries
    Publicly available
    Download now

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    General enquiries and comments

    The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
    Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

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