STICHTING HET WERELD NATUUR FONDS-N
Status: Completed investmentWhy disclosure?
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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 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 Ayeyarawady river basin – by far the most important river in the country.
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 Myanmar for potential Dutch industrial wastewater treatment exporters. This project could also result in NLB playing a catalytic role to setting up the Greenlines facility (SME financing for green technology) of the FI department of FMO.
What is the Environmental and Social categorization rationale?
Preliminary E&S categorization based on expected E&S risks/impacts and country/regional context is B+. The risks for this project are considered limited due to the relatively small-scale nature of the wastewater treatment plants , with high positive environmental outcomes. The IFC Performance Standards for this project are: PS 1 (assessment & management), PS 2 (labor conditions), PS 3 (pollution and resource management), PS 4 (community health & safety) and possible PS 5 (land acquisition). PS 6-8 are not expected to be triggered. Main attention points: odour nuisance, sludge treatment and disposal.
More investments
| Date | Total FMO financing |
|---|---|
| 12/28/2020 | EUR 0.17 MLN |
- Website customer/investment
- http://www.wnf.nl
- Region
- Asia
- Country
- Myanmar
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 2/22/2019
- End date
- 12/28/2020
- Total FMO financing
- EUR 0.18 MLN
- Funding
- Project Development Fund