| Financier | Commitments |
|---|---|
| PROTOTYPE CARBON FUND | 0.54 |
Olavarria Landfill Gas Recovery Project
Abstract*
The Argentina Olavarria Landfill Gas Recovery Project helps mitigate climate change by financing the improvement of municipal solid waste management practice in the municipality of Olavarria and strengthening its commercial viability by leveraging additional revenue from carbon finance at the local landfill. To achieve these objectives, the project will capture and destroy methane currently generated at the landfill (Component 1). The project will... Show More
Development Objective
The project aims to capture and destroy the landfill gas (LFG) accumulating at the municipal landfill of the town of Olavarría
through recovery and flaring. An active collection system will be installed at the landfill that will consist of gas extraction
wells, collection piping, mechanical blowers, LFG condensate and flare systems, as well as a monitoring and control system. The
resulting reductions in LFG emissions will be monitored, verified, certified, and sold as ERs to the CDCF administered by the World
Bank. Part of the income from the sales of ERs will be used by the Municipality of
Olavarría to install a safe and reliable distribution system for potable water in the rural village of Espigas, 80 km from
Olavarría, as well as solar water heating systems in two local schools.
Key Details
Project Details
P088934
Closed
Sebastian Martin Scholz
N/A
November 10, 2004
(as of board presentation)
December 7, 2004
January 1, 2006
US$ 0.54 million
Municipality of Olavarria
2005
US$ 0.54 million
B
Not Applicable
December 31, 2015
BANK APPROVED
December 19, 2024
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | N/A |
| IBRD + IDA Commitment | N/A |
| Lending Instrument | |
|---|---|
| Grant Amount | 0.54 |
| Total Project Cost** | 0.54 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
Detailed Financial Activity as of April 30, 2025
No data available.
Ratings
IMPLEMENTATION RATINGS
| Name | Review | Date |
|---|---|---|
| Financial Management | Satisfactory | 2011-06-25 |
| Progress towards achievement of PDO | Highly Unsatisfactory | 2011-06-25 |
| Procurement | Satisfactory | 2011-06-25 |
| Monitoring and Evaluation | Highly Unsatisfactory | 2011-06-25 |
| Overall Implementation Progress (IP) | Highly Unsatisfactory | 2011-06-25 |
| Counterpart Funding | Satisfactory | 2011-06-25 |
| Project Management | Highly Unsatisfactory | 2011-06-25 |
COMPLETION RATINGS
No data available.
INDEPENDENT EVALUATION RATINGS
No data available.
Results Framework
PROJECT DEVELOPMENT OBJECTIVE INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Emission Reductions Value 0.00 0.00 131000.00 Date July 1, 2005 June 14, 2010 June 30, 2015 Comment The project did not undertake initial verification of ERs.
INTERMEDIATE RESULTS INDICATORS
| INDICATOR | BASELINE | CURRENT | TARGET |
|---|
Yearly Emissions Reductions Value 0.00 0.00 16776.00 Date July 1, 2005 June 14, 2010 December 31, 2014 Comment The project did not undertake initial verification of ERs.