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    Signature(s)

    Amount
    € 9,000,000
    Countries
    Sector(s)
    Luxembourg : € 9,000,000
    Water, sewerage : € 9,000,000
    Signature date(s)
    22/12/2022 : € 9,000,000
    Link to source

    Summary sheet

    Release date
    29 September 2017
    Status
    Reference
    Signed | 22/12/2022
    20170618
    Project name
    Promoter - financial intermediary
    ALZETTE RIVER RENATURALISATION (NCFF)
    Ministère du Développement durable et des Infrastructures de Luxembourg
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 9 million
    EUR 12 million
    Location
    Sector(s)
    • Water, sewerage - Water supply; sewerage, waste management and remediation activities
    Description
    Objectives

    Renaturalisation works along a 20km stretch of the Alzette River between Luxembourg City and Mersch, aiming to reduce flood risk, benefit biodiversity and improve water quality.

    The restoration of the Alzette River aims to re-instate some of the watercourse's natural dynamics in support of biodiversity, recreation, flood management and landscape development. By re-establishing natural conditions, river restoration can improve the resilience of river systems and offers a framework for the sustainable multifunctional use of estuaries, rivers and streams. The more natural flow of the river will contribute to the Habitats and the Birds Directives, as well as to Targets 2 and 3 of the Biodiversity Strategy because some stretches of the river are located in the Natura 2000 area 'Vallée de la Mamer et de l'Eisch' (LU0001018). The project will also apply a nature-based solution to reduce the amplitude and frequency of flooding events which affect some downstream locations. Consequently, this project is expected to contribute to the objectives of Art 11 and Art 15 of the LIFE regulation.

    Environmental aspects
    Procurement

    The compliance of the project with the EIB's Handbook of Environmental and Social Principles and Standards will be assessed during appraisal.

    The promoter will be obliged to ensure that the EIB's Procurement Guidelines are adhered to in the implementation of the project.

    Link to source

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

    Documents

    Environmental and Social Data Sheet (ESDS) - ALZETTE RIVER RENATURALISATION (NCFF)
    Publication Date
    9 Dec 2020
    Document language
    Main Topic
    Lending
    Document Number
    131961719
    Document Focus
    Environmental Information
    Project Number
    20170618
    Sector(s)
    Regions
    Countries
    Publicly available
    Download now

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