January 24, 2022
The European Investment Bank (EIB) said Friday that it granted a $100 million loan for Ecuadorian development bank BDE to finance water and wastewater projects in the country.
"The EIB loan will enable the construction of sewer networks, wastewater treatment plants and stormwater networks in several coastal areas, thus reducing the plastic discharge in the Pacific Ocean," the Luxembourg-based development bank said in a press release.
EIB and BDE worked with German development agency GIZ as an ad
European development bank provides a $100 mln loan for BDE to fund water and sewage projects