Project detail - STICHTING HET WERELD NATUUR FONDS-N

STICHTING HET WERELD NATUUR FONDS-N

Status: Completed investment
Back to map

Why disclosure?

FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more

In case of questions

In case of questions, please contact us at disclosure@fmo.nl

Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

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.

More investments

Date Total FMO financing
12/28/2020 EUR 0.18 MLN
Website customer/investment
http://www.wnf.nl
Region
Africa
Country
Zambia
Sector
Infrastructure, Manufacturing and Services
Effective date
2/15/2019
End date
12/28/2020
Total FMO financing
EUR 0.17 MLN
Funding
Project Development Fund