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    Reference: 20170618
    Release date: 29 September 2017

    Promoter – Financial Intermediary

    Ministère du Développement durable et des Infrastructures de Luxembourg

    Location

    Description

    Renaturalisation works along a 20km stretch of the Alzette River between Luxembourg City and Mersch, aiming to reduce flood risk, benefit biodiversity and improve water quality.

    Objectives

    The restoration of the Alzette River aims to re-instate some of the watercourse's natural dynamics in support of biodiversity, recreation, flood management and landscape development. By re-establishing natural conditions, river restoration can improve the resilience of river systems and offers a framework for the sustainable multifunctional use of estuaries, rivers and streams. The more natural flow of the river will contribute to the Habitats and the Birds Directives, as well as to Targets 2 and 3 of the Biodiversity Strategy because some stretches of the river are located in the Natura 2000 area 'Vallée de la Mamer et de l'Eisch' (LU0001018). The project will also apply a nature-based solution to reduce the amplitude and frequency of flooding events which affect some downstream locations. Consequently, this project is expected to contribute to the objectives of Art 11 and Art 15 of the LIFE regulation.

    Sector(s)

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

    Proposed EIB finance (Approximate amount)

    EUR 9 million

    Total cost (Approximate amount)

    EUR 12 million

    Environmental aspects

    The compliance of the project with the EIB's Handbook of Environmental and Social Principles and Standards will be assessed during appraisal.

    Procurement

    The promoter will be obliged to ensure that the EIB's Procurement Guidelines are adhered to in the implementation of the project.

    Status

    Signed - 22/12/2022

    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).

    Related tags

    Luxembourg Water, sewerage