PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607967

Primary Business Area

Manufacturing, Agribusiness & Services

Disclosure Date

Aug 6, 2024

Country

Algeria

Region

Africa

IFC Approval Date

Mar 27, 2024

Status

Completed

Estimated Total Budget

$25,000.00
(Project budget includes all project-funded activities)

Last Updated Date

May 22, 2026

Project Estimated Start Date

Mar 11, 2024

Project Estimated End Date

Apr 15, 2024

Project Description

The project will help a steel manufacturer in Algeria formulate a credible decarbonization plan and have a clear visibility of the GHG intensity of its operations. It will also enable IFC to better understand impact of EU's Carbon Border Adjustment Mechanism as well as potential decarbonization pathways in the steel industry.

Development Results

E&S Risks / Impacts and Mitigation