Recycling of Waste Lubricating Oils
The project objective is to pilot recycling of WLO in Trinidad and Tobago todemonstrate the viability of circular economy in small and island developing states.The model involves the use of an innovative technology to convert WLOs to baseoils that can be used in the manufacture of new lubricating oils, extending their lifein a circular economy model.

Project Detail

Country

Trinidad and Tobago

Project Number

TT-G1007

Approval Date

November 27, 2023

Project Status

Implementation

Project Type

Investment Grants

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE FINANCING

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 2,992,577.00

Country Counterpart Financing

USD 2,492,577.00

Original Amount Approved

USD 500,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
GRC/ME-20472-TT Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Contingent Grant Financing
Operation Number GRC/ME-20472-TT
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Contingent Grant Financing