BDE WATER AND SANITATION

Promoteur – Intermédiaire Financier

PUBLIC ENTITY(IES)

Lieu

• Equateur

Description

The project consists of an intermediated framework loan through Ecuador's development bank to partly finance investment projects located throughout the country in the water and sanitation sector.

Objectifs

This project will improve access to, and quality and continuity of, the water and sanitation services in Ecuador with a view to achieving the objectives under the 2017-2021 National Development Plan as well as the Sustainable Development Goals.

Secteur(s)

• Eau, assainissement - Production et distribution d'eau; assainissement, gestion des déchets et dépollution

Garantie au titre du MPE

This operation is covered by the ELM Guarantee.

Montant BEI envisagé (montant approximatif)

USD 100 million (EUR 82 million)

Coût total (montant approximatif)

USD 268 million (EUR 218 million)

Aspects environnementaux

The sub-projects under the framework loan are expected to contribute to increasing the capacity of systems and expanding water and wastewater services as well as coverage with a direct positive impact to people's livelihoods and the environment. In addition, sanitation related sub-projects will have a positive environmental impact through the significant reduction of wastewater discharges into rivers. Furthermore, it is expected that sanitation sub-projects will have a significant contribution to climate change mitigation, through the reduction of greenhouse gases emissions from waste water and sludge treatment.

Passation des marchés

The promoters of the sub-projects to be financed under the framework loan will be required that procurement of goods, works and services is carried out in accordance to EIB's Guide to Procurement.

Statut

Signé - 24/12/2021