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Canada’s Total Climate Finance Contribution:
$250,000 CAD
- 2010 to 2011: $250,000 CAD
Targeted Countries:
Serbia
Funding Period: 2010 to 2011
Type of Support:
Cross-cutting
Project Funded through a Canadian Facility:
IFC - Canada Climate Change Program (CCCP)
Delivery Partner(s):
Description
The IFC-Canada Climate Change Program financed advisory services to assist the authorities of the City of Belgrade, Serbia in structuring a sustainable and bankable public-private partnership (PPP) project to create municipal waste treatment facilities. The city, with a population of 1.7 million people that generates about 600,000 tons of municipal waste per year, is seeking to improve its waste treatment and disposal practices to be compliant with national and European Union legislation.
Results/Expected Outcomes
The successful implementation of the project is expected to result in the mobilization of private sector investment and improvement of environmental conditions through upgraded waste management practices for the City of Belgrade. The project is also expected to lead to an estimated greenhouse gas emissions reduction of 200,000 metric tons of CO2 per year.*
Co-Financing/Mobilized Finance ($CAD):
$417,000
Estimated GHG (metric tons of CO₂) Reduction Associated with Project (per year)Disclaimer *:
200,000