Release date: 27 November 2018
Promoter – Financial Intermediary
BARBADOS WATER AUTHORITYLocation
Description
The project consists of the rehabilitation of drinking water distribution infrastructure in Barbados to improve efficiency, service quality and resilience to the adverse impacts of climate change.
Objectives
This project will improve water and wastewater service efficiency and quality in Barbados, as well as the resilience to the adverse impacts of climate change in this island country.
Sector(s)
- Water, sewerage - Water supply; sewerage, waste management and remediation activities
Proposed EIB finance (Approximate amount)
USD 12 million (EUR 10 million)
Total cost (Approximate amount)
USD 24 million (EUR 19 million)
Environmental aspects
The project will contribute to improve the quality of the water and wastewater service in an island country with limited resources and very exposed to climate change conditions through the conservation of the aquifers. Investments will be spread across the island and the whole population will benefit from an improved resilience of the water supply system.
Procurement
The EIB will require the project's promoter to ensure that implementation of the project will be done in accordance with the Bank's Guide to Procurement.
Status
Signed - 15/05/2020