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Summary sheet

Release date
7 January 2025
Status
Reference
Approved | 16/02/2025
20240347
Project name
Promoter - financial intermediary
BDE WATER AND SANITATION II
BANCO DE DESARROLLO DEL ECUADOR BP
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
USD 100 million (EUR 95 million)
USD 283 million (EUR 270 million)
Location
Sector(s)
  • Water, sewerage - Water supply; sewerage, waste management and remediation activities
  • Solid waste - Water supply; sewerage, waste management and remediation activities
Description
Objectives

The project consists of an intermediated framework loan through Ecuador's development bank to partly finance key projects in the field of water sanitation, sewage, and solid waste.

The loan will finance key projects in the field of water sanitation, sewage, and solid waste. This operation can benefit over 150-200,000 inhabitants in Ecuador with access to new, or improved, drinking water and sanitation connections and/or waste collection and disposal services.

Environmental aspects
Procurement

The promoter has to ensure that the project complies with the EIB's Environmental and Social Standards and the respective principles of EU Directives.

The promoter has to ensure that implementation of 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
16 February 2025
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) - BDE WATER AND SANITATION II
Publication Date
19 Feb 2025
Document language
Main Topic
Lending
Document Number
235935028
Document Focus
Environmental Information
Project Number
20240347
Countries
Publicly available
Download now
Other links

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.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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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