The investment will address the priority needs of Tbilisi City identified under the Green City Action Plan. The loan will be used for setting up the first waste treatment plant in Tbilisi, aiming at diverting waste sent to the sanitary landfill.
The Project aims to contribute to an improved level of solid waste services and overall improved environment in Tbilisi. The Project will also bring landfill operations in line with the relevant EU environmental standards.
ETI score: 70
Green i. The Project will result in improved solid waste management and reduce the negative impacts of waste collection on the environment.
Competitive i The Project is expected to promote a shift in the Company's strategic planning towards commercialisation of recyclables business segment.
Georgia, represented by the Ministry of Finance. The Project will be implemented by Tbilisi City and Tbilservice Group Ltd.
EBRD Finance Summary
€22 million sovereign loan to Georgia.
Total Project Cost
The Project is expected to be supported by concessional financing in the form of investment grants and/or concessional loans, up to EUR 5 million.
EBRD offers financing that is not available in the market from commercial sources on reasonable terms and conditions. Moreover, EBRD expertise in the sector will support application of enhanced standards.
Environmental and Social Summary
Categorized B (ESP 2019) and low-medium risk. The Environmental and Social impacts associated with the waste treatment and sorting line within the footprint of the existing landfill will be identified in the course of the Environmental and Social Due Diligence (ESDD) and are expected to be site-specific. They include, inter alia, health and safety of the workers, labour conditions, waste management, soil contamination etc. The Feasibility Study is currently underway and will be used as a basis of ESDD. Environmental and Social Action Plan (ESAP) will be developed to address any identified gaps. PSD will be updated based on the outcomes of ESDD.
Technical Cooperation and Grant Financing
The following technical co-operation ('TC') assignments are envisaged as part of this Project:
- TC 1: Technical and Economical Due Diligence, financed by EBRD Shareholder Special Fund;
- TC2: Environmental and Social Due Diligence, financed by EBRD Shareholder Special Fund;
- TC 3: Project Implementation Support, funding source to be confirmed;
- TC4: Stakeholder Participation Programme and Awareness Raising, funding source to be confirmed.
Company Contact Information
995 32 2619050
Isani-Samgori District, Kakheti Highway 67
PSD last updated
30 Jun 2023
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Independent Project Accountability Mechanism (IPAM)
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