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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Benin : € 50,000,000
    Water, sewerage : € 50,000,000
    Signature date(s)
    19/12/2018 : € 50,000,000
    Link to source

    Summary sheet

    Release date
    22 October 2018
    Status
    Reference
    Signed | 19/12/2018
    20180092
    Project name
    Promoter - financial intermediary
    DRAINAGE EAUX PLUVIALES COTONOU
    MINISTERE DU CADRE DE VIE ET DU DEVELOPPEMENT DURABLE - REPUBLIQUE DU BENIN
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    EUR 128 million
    Location
    Sector(s)
    • Water, sewerage - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The project consists of the financing of a storm water retention pond as well as disposal infrastructures in the city of Cotonou, Benin.

    The proposed operation aims at the extension and upgrade of the storm water drainage system in the city of Cotonou. Thereby the operation will support sustainable growth and improve wellbeing and health and environment outcomes. The proposed operation is fully aligned with the Cotonou Agreement and it is eligible under Article 309 point (a) projects for developing less-developed regions and/or point (c) common interest. It is also in line with the government action programme (PAG) spanning 2016-2021 that aims at improving the living conditions of Benin, to create jobs and to revive the economy sustainably.

    Environmental aspects
    Procurement

    The project will have a positive impact on public health by reducing the flooding of houses and the stagnation of rainwater in urban areas. Inside the EU, the project components would be categorised under Annex II of the Environmental Impact Assessment (EIA) Directive 2011/20/EU and therefore would be subject to environmental screening to define if an EIA would be required according to the relevant competent authority. In most cases, wastewater networks in urban areas are screened out. The Bank will assess the social aspects of the project during appraisal to ensure adherence to its social standards. Climate change aspects will be futher examined during the appraisal.

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

    Link to source

    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 Data Sheet (ESDS) - DRAINAGE EAUX PLUVIALES COTONOU
    Publication Date
    18 Dec 2018
    Document language
    Main Topic
    Lending
    Document Number
    85769523
    Document Focus
    Environmental Information
    Project Number
    20180092
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - DRAINAGE EAUX PLUVIALES COTONOU - Link to EIE
    Publication Date
    27 Jul 2019
    Document language
    Main Topic
    Lending
    Document Number
    95596106
    Document Focus
    Environmental Information
    Project Number
    20180092
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Impact Assessment (ESIA) - DRAINAGE EAUX PLUVIALES COTONOU - Rapport d'Etude d'Impact Environnemental et Social (EIES) Approfondie
    Publication Date
    17 Jul 2021
    Document language
    Main Topic
    Lending
    Document Number
    144070155
    Document Focus
    Environmental Information
    Project Number
    20180092
    Sector(s)
    Countries
    Publicly available
    Download now

    News & Stories

    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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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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