STICHTING HET WERELD NATUUR FONDS-NStatus: Completed investment
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Who is our customer
Stichting Het Wereld Natuur Fonds-Nederland (“WWF-NL”).
What is our funding objective?
The objective will be to promote green technologies for industrial wastewater treatment and to identify innovative investment options, including private sector investment. Aim is to improve the treatment of industrial wastewater and reduce the discharge of pollutants in the Kafue flats. This river basin provides for most of the water for the capital, Lusaka, as well as most of the country’s electricity and sustains the livelihoods of large numbers of people in rural and urban communities.
Why do we fund this investment?
The partnership with WWF-NL in this project will enable NLB FMO NL Business to create a pipeline of projects in Zambia for potential Dutch industrial wastewater treatment exporters.
What is the Environmental and Social categorization rationale?
The E&S risk category is B+ andThis is a category B+ project expected to have positive environmental impacts. The relevant IFC Performance Standards for this project are: IFC PS applicable are PS 1 (assessment & management), PS 2 (labor conditions), PS 3 (pollution and resource management); and possible PS 4 (community health & safety). PS 5-8 are not expected to be triggered.
|Total FMO financing
|EUR 0.18 MLN
- Website customer/investment
- Infrastructure, Manufacturing and Services
- Effective date
- End date
- Total FMO financing
- EUR 0.17 MLN
- Project Development Fund