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Summary sheet

Release date
12 June 2024
Status
Reference
Approved | 09/07/2024
20220718
Project name
Promoter - financial intermediary
WATER-ENERGY FRAMEWORK LOAN MALAWI
CENTRAL REGION WATER BOARD,LILONGWE WATER BOARD,NORTHERN REGION WATER BOARD,SOUTHERN REGION WATER BOARD
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
EUR 126 million
EUR 192 million
Location
Sector(s)
  • Water, sewerage - Water supply; sewerage, waste management and remediation activities
Description
Objectives

The Framework Loan (FL) will support the Malawi Water sector, including, amongst others, renewable energy facilities. In particular, the FL will allow 4 of the 5 Malawian Regional Waterboards to further improve: (i) Access-to-water in low-income areas (ii) Improve operational efficiency (iii) Reduce greenhouse gas emissions (iv) Increase drought resilience The planned investments in all 4 waterboards will finance: 1. Energy efficient (water) pumps coupled to renewable energy sources (mainly photovoltaic plants) 2. Increase of water storage capacities 3. Water distribution systems including water kiosks and house connections in low-income areas 4. Targeted investments to improve operational efficiency, e.g., SCADA systems, improved meter reading capabilities 5. Organisational development- and improvements regarding transparency of the water boards.

The project is a strategic investment for the government of Malawi and a key priority in the Government's plan to tackle high poverty levels, raising inequalities and improving health. It is also is in line with Sustainable Development Goal #6 (which calls for ensuring availability and sustainable management of water and sanitation for all).

Environmental aspects
Procurement

Environmental and Social Assessments will be carried out as part of the preparatory activities for some of the investments requiring such analysis. Resettlement Action Plan will be carried out as needed. The project shall have positive environmental and public health impacts and will allow the population to improve its access to potable water. The EIB will verify the environmental and social aspects and impacts of the project components, as well as proposed mitigation and compensation measures, in accordance with EIB's Environmental and Social standards. The project is expected to contribute to climate action and environmental sustainability (CA&ES) objectives, in particular to climate adaptation and sustainable use and protection of water and marine resources.

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

Under Global Europe NDICI guarantee

Under EFSD+ Guarantee

Milestone
Under appraisal
Approved
9 July 2024
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) - WATER-ENERGY FRAMEWORK LOAN MALAWI
Publication Date
24 Jul 2024
Document language
Main Topic
Lending
Document Number
184501760
Document Focus
Environmental Information
Project Number
20220718
Sector(s)
Countries
Publicly available
Download now
Other links

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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.
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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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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