The Inter-American Development Bank supports Venezuela’s efforts to boost municipal solid waste management by lending USD140 million, according to an IDB press release. The Venezuelan government will co-finance the initiative by contributing USD60 million.
The credit line will build the capacity of technical personnel in environmental management and put in place basic infrastructure for solid waste disposal to do away with the present setup that uses open-air dumps.
The project intends to dispose of 1,110 tons of solid waste in sanitary landfills instead of public dump sites. It will fund around five to eight sub-projects selected by the Ministry of the Popular Power for the Environment.