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    Reference: 20160434
    Release date: 3 October 2016

    Promoter – Financial Intermediary

    Financial Intermediaries

    Location

    Description

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

    Objectives

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

    Sector(s)

    • Solid waste - Water supply; sewerage, waste management and remediation activities

    Under ELM Guarantee

    This operation is covered by the ELM Political Risk Guarantee.

    Proposed EIB finance (Approximate amount)

    EUR 10 million

    Total cost (Approximate amount)

    EUR 40 million

    Environmental aspects

    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.

    Procurement

    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.

    Status

    Signed - 15/11/2016

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The data provided on this page is therefore indicative and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Related tags

    Morocco Solid waste