Project Name |
THE PROCTER & GAMBLE COMPANY WASTE TO WORTH PROJECT |
Project Number |
46927-012 |
Borrower/Company |
|
Country |
Philippines |
Location |
Angeles City, Pampanga and Cabuyao, Laguna |
Approval Number |
8117 |
Type or Modality of Assistance |
8117 |
OTH |
USD 385,000 |
Approved |
8117 |
OTH |
USD 15,000 |
Approved |
|
Strategic Agendas |
Inclusive economic growth |
Drivers of Change |
Knowledge solutions |
Sector / Subsector |
Energy - Renewable energy generation - biomass and waste
Water and other urban infrastructure and services - Urban solid waste management
|
Gender Equity and Mainstreaming |
|
Responsible ADB Department |
Private Sector Operations Department |
Responsible ADB Division |
Infrastructure Finance Division 2 |
Responsible ADB Officer |
Limjap, Jose Manuel C. |
Project Sponsor(s) |
|
Objectives and Scope |
|
Linkage to Country/Regional Strategy |
One objective of ADB_s country partnership strategy for the Philippines is to reduce environmental degradation and vulnerability to climate change and disasters. To achieve this, ADB will support investment needs to ensure sustainable financing of infrastructure and foster development of sustainable communities; ADB assistance aims to strengthen waste management and flood control systems among others. PSOD, in particular, is in search of commercially viable solutions and partners who have the financial capacity and are willing to experiment and innovate in this area. The proposed PPTA is consistent with this objective_improving sustainable environmental infrastructure in highly urbanized areas where economic gains can be maximized. It will also incentivize private sector participation in addressing MSW problem. |