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    Reference: 20170224
    Release date: 6 June 2017

    Promoter – Financial Intermediary

    PROVINCIA DE JUJUY

    Location

    Description

    The project is a framework loan to support the implementation of an integrated waste management system for the collection, treatment and disposal of municipal solid waste generated in the province of Jujuy, Argentina.

    Objectives

    The project contributes to several Sustainable Development Goals (SDGs) and in particular to SDG11 – sustainable cities and communities - by helping to reduce the adverse environmental impact of cities. It will significantly contribute to the reduction of greenhouse gas emissions, thus contributing to climate change mitigation. The project is contributing to an environmental sustainability priority area identified in the Multiannual Indicative Programme for Latin America under the EU Development Cooperation Instrument 2014-2020.

    Sector(s)

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

    Under ELM Guarantee

    This operation is covered by the ELM Guarantee.

    Proposed EIB finance (Approximate amount)

    USD 54 million (EUR 46 million)

    Total cost (Approximate amount)

    USD 120 million (EUR 102 million)

    Environmental aspects

    Due to their technical characteristics most of the treatment and disposal facilities are subject to a mandatory environmental impact assessment (EIA). The associated reports will be submitted to the Bank before any disbursement. The existing project aims to phase out the dumping of untreated waste, rationalising and improving the current solid waste disposal practices and gradually bringing the province into compliance with acceptable international environmental standards in this sector.

    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 - 23/03/2018

    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

    Argentina Solid waste