PROJECT

Projects

Summary of Investment Information

Project Number

32909

Company Name

BRAC IMPACT VENTURES LIMITED

Date SPI Disclosed

Apr 23, 2013

Country

Bangladesh

Region

South Asia

Projected Board Date

May 30, 2013

Environmental Category

FI-3 - No Impact

Status

Hold

Last Updated Date

Nov 30, 2016

Department

Equity Portfolio Management

Industry

Financial Markets

Sector

Finance Companies

Project Description

The Project is BRAC Impact Ventures Ltd. (BIVL) to implement a program of distributing 1 million zero emission Water Purification Systems (WPS) to rural low-income households in Bangladesh. The zero emission WPS is an instant microbiological waterfilter that helps people access high quality safe drinking water by delivering approximately 30,000 liters over its lifetime to each household. The use of these WPS will also reduce the future demand for conventional water treatment through boiling water with non-renewable biomass such as firewood, therefore, the Project can aggregate numerous very small, replicable and dispersed micro-scale emission reduction activities. Distribution of total 1 million WPS will be implemented by successively implementing 40 sub-projects in 1-2 year period.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation