PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

604255

Primary Business Area

Transaction Advisory

Disclosure Date

Jun 10, 2020

Country

Brazil

Region

Latin America and the Caribbean

IFC Approval Date

Aug 12, 2019

Status

Completed

Estimated Total Budget

$605,319.00
(Project budget includes all project-funded activities)

Last Updated Date

Jul 3, 2022

Project Estimated Start Date

Jul 1, 2019

Project Estimated End Date

Aug 31, 2020

Project Description

The project is expected to (i) reduce Belem municipality’s consumption of electricity and greenhouse gas emissions, includingCO2, through the use of energy-efficient lights and advanced streetlighting management systems; (ii) expand street lighting services to underserved communities in the municipality; (iii) reduce safety risks related to poorly lit streets; (iv) improve lighting quality and lower the frequency of service interruptions; (v) improve infrastructure for the illumination grid, modernizing it and integrating features as previously developed in smart cities; and (vi) promote overall urban improvements.

Development Results

E&S Risks / Impacts and Mitigation