Signature(s)
Summary sheet
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
The project will finance the measures included in the Integrated Salado River Basin Management Plan (PMI), thus (i) enhance flood protection and (ii) strengthen the capacity of the responsible institutions for integrated water resources monitoring and management in the Salado River Basin.
The project will help the Province of Buenos Aires to take adequate and coordinated measures to manage and reduce flood risks. The investments are expected to alleviate direct risk to population or critical assets. They will also contribute to climate action adaptation, by increasing the resilience against the effects of more extreme weather patterns. The project will benefit the residents of the municipalities along the Salado River Basin (Section V).
The environmental impact will be predominantly positive. The components are likely to require a comprehensive environmental impact assessment according to local and national legislation.
The Bank will require the promoter to ensure that the procurement of the project is carried out in line with EIB procurement guidelines.
This operation is covered by the ELM Guarantee.