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    Signature(s)

    Amount
    € 10,000,000
    Countries
    Sector(s)
    Morocco : € 10,000,000
    Solid waste : € 10,000,000
    Signature date(s)
    15/11/2016 : € 10,000,000

    Summary sheet

    Release date
    3 October 2016
    Status
    Reference
    Signed | 15/11/2016
    20160434
    Project name
    Promoter - financial intermediary
    BMCE LIGNE VERTE
    Financial Intermediaries
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 10 million
    EUR 40 million
    Location
    Sector(s)
    • Solid waste - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    The EIB loan will co-finance solid waste management sector investments by private promoters in Morocco.

    The project will contribute to reducing environmental, health and climate impact from waste disposal and to creating a circular economy in Morocco.

    Environmental aspects
    Procurement

    The project is expected to have an overall positive impact on environment and public health by improving waste disposal and increasing recycling of waste in Morocco. The project will also contribute to mitigation of climate change by reducing emission of greenhouse gases from landfills.

    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

    This operation is covered by the ELM Political Risk Guarantee.

    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) - BMCE LIGNE VERTE
    Publication Date
    31 Oct 2016
    Document language
    Main Topic
    Lending
    Document Number
    67860735
    Document Focus
    Environmental Information
    Project Number
    20160434
    Sector(s)
    Countries
    Publicly available
    Download now
    Other links
    Summary sheet
    Data sheet

    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 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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