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

Project Detail

Country

Trinidad and Tobago

Project Number

TT-G1008

Approval Date

November 27, 2023

Project Status

Implementation

Project Type

Investment Grants

Sector

ENVIRONMENT AND NATURAL DISASTERS

Subsector

CLIMATE CHANGE FINANCING

Lending Instrument

Instrumento del Fondo Multilateral de Inversiones

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 420,000.00

Country Counterpart Financing

-

Original Amount Approved

USD 420,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
GRT/FM-20473-TT Non-Sovereign Guaranteed USD - United States Dollar IADB/GEF Trust Fund Grant
Operation Number GRT/FM-20473-TT
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: IADB/GEF Trust Fund
  • Financial Instrument: Grant