Status: Approved
Timeframe: 2020-2027
Area: Greater Malé capital region, Maldives
AIIB Investment Amount: US$ 40 million
Total Project Cost: US$ 151.13 million
Co-financier: ADB; Japan Fund for the Joint Crediting Mechanism (JFJCM); Government of Maldives
E&S Category: A
Project Details: Co-financed with the Asian Development Bank (ADB) this projects sets out to construct a regional waste management facility, including construction of a 500-ton per day (tpd) 8 MW Waste-to-Energy (WTE) plant.
Project concerns: WTE incineration emits hazardous pollutants at all stages, including persistent organic pollutants (POPs) such as dioxins and furans, known to cause cancer, neurological damage, and endocrine disruption.
Additional emissions include heavy metals, sulfur and nitrogen oxides, PFAS, volatile organic compounds, particulate matter, microplastics, and greenhouse gases.
Organizations monitoring: NGO Forum on ADB
AIIB interactions to date: Field visit in May 2022.
Further information: AIIB Page
Last update: 31.12.2023
