EBRD finances greener solid waste management in Georgia
The European Bank for Reconstruction and Development (EBRD) is committing new funds to address solid waste treatment issues in Batumi and the wider Adjara region in Georgia. A sovereign loan of up to €19 million for Adjara Waste Management Company will help tackle some of the most pressing environmental challenges faced by the tourist region’s inhabitants and visitors.

The first committed tranche of up to €3 million will be used to purchase new solid waste management equipment. This will enable the borrower to start new landfill operations and, consequently, stop waste being disposed of at the current non-European Union (EU) compliant dumpsites. The second uncommitted tranche of up to €16 million will be used to build a new waste treatment plant, allowing the company to recover recyclables and divert waste sent to the new sanitary landfill.