Investing in modern waste disposal services
Poorly managed landfill sites that pose a threat to human health and the environment are common throughout the EBRD region, particularly in countries at an earlier stage of the transition process. The Bank recognises the importance of good municipal waste services and in 2015 invested €40.5 million to improve waste management and disposal systems and modernise the companies that manage them.
In the remote city of Khorog in Tajikistan, close to the border with Afghanistan, a project financed by the Bank will create a sanitary landfill site. The waste management company will also introduce collection bins, thereby removing the need for workers and citizens to come into direct contact with the refuse and reducing health and safety risks.
In addition, the project will introduce tariff reforms, commercialise operations and improve the management of the company.
In Georgia, meanwhile, five municipalities in the southern Kvemo Kartli region will benefit from a tranched sovereign loan of up to €7 million EBRD in support of a modern solid-waste management system. The Bank signed other transactions in the solid waste sector in Armenia, Jordan, the Kyrgyz Republic and Romania.
million to improve waste management and disposal systems