Company name
Ecotriagem Ltda
Project number
14795-01
Category B projects have potential environmental and/or social impacts and risks that are less adverse than those of a Category A and which are generally limited to the project site, largely reversible and can be mitigated via measures that are readily available and feasible to implement in the context of the operation.
E&S category
B
Country
Brazil
Sector
Water and Sanitation
Status
Proposed
Disclosed date
03/31/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
05/23/2025
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Infrastructure and Energy Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 10,400,300
Currency
BRL, USD
Project scope and objective
The Project consists of the design, construction, maintenance, and operation of a mechanized waste recovery facility ("MRF") located in the municipality of Brusque in the state of Santa Catarina, Brazil. The MRF will be installed at the entrance to an existing landfill, receive the urban solid waste collected from 15 municipalities in the region, and sort the materials, recovering plastics, paper, tetrapak, steel, and aluminum. The Material Recovery Facility will play a crucial role in the Circular Economy by sorting, processing, and preparing recyclable materials for recycling and reuse.
The Project's CAPEX involves civil works for warehouse construction and equipment acquisition.
The transaction consists of an 11-year senior secured loan for up to BRL 116 million, to be provided by IDB Invest alongside the Canadian Net Zero and Climate Resilience Accelerator. Given the novelty of this type of project under a Project Finance structure, IDB Invest's participation is crucial in addressing a financing gap for a high-impact environmental sustainability initiative.
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Contact information
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Client Contact
projeto-brusque@nhecotech.com
PHONE NUMBER
+55 47 99269 7242
POST OFFICE ADDRESS
Estrada Geral Rio Negro, 2.200, Volta Grande-Urbano, Brusque-SC, Brasil
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesIndividuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing mgm@iadb.org or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to mecanismo@iadb.org or MICI@iadb.org or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
For inquiries, comments and information requests about the project
Request informationLearn more about how we provide private-sector solutions in the region .
Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
BRUSQUE - ENVIRONMENTAL AND SOCIAL REVIEW SUMMARY (ESRS)
993.3 Kb
BRUSQUE - ENVIRONMENTAL AND SOCIAL ACTION PLAN (ESAP)
389.1 Kb