Release date: 3 October 2016
Promoter – Financial Intermediary
Financial IntermediariesLocation
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 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).