News
11 June 2018
EBRD arranges €35m facility to boost solid waste management in Lviv
In:
Waste and water
Region:
Europe
The European Bank for Reconstruction and Development (EBRD) has arranged a €35 million financing package to the western Ukrainian municipality of Lviv to boost solid waste management.
A 13-year municipally guaranteed loan of €20 million from the EBRD will be accompanied by an investment grant of up to €10 million from the Eastern Europe Energy Efficiency and Environment Partnership, and a €5 million concessional loan from the Climate Investment Funds' Clean Technology Fund.
The funds will be used to support the rehabilitation of the Hrybovychi landfill, and the construction of a municipal solid waste mechanical biological treatment plant in Lviv reducing greenhouse-gas emissions by approximately 141,500 tonnes of CO2 equivalent per year.
