Implementation of the Integral Management Plan for the Lujan River Basin: FP054
Project Outline
This project seeks to promote measures aimed at reducing and/or preventing river flooding, as well as controlling stream flows and mitigating the impact of floods in the Lujan River Basin, thus increasing resilience to climate change in the basin.
| Country(ies) | Argentina |
|---|---|
| National Designated Authority (NDA) | Sub-secretariat of Finance of the Ministry of Economy of the Province of Buenos Aires |
| Accredited Entity (AE) | Corporación Andina de Fomento (CAF): Banco de Desarrollo de América Latina (Direct/Regional) |
| Executing Entity (EE) | Province of Buenos Aires (Public) |
| Date of Final FP Submission | January 27, 2017 |
| Estimated Project Duration | 2017-2022 |
| Target Sector | Flood Control |
| GCF Financing | 58.53 million USD (56.96 Senior Loan + 1.57 Grant) Large |
| Co-financing |
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Project Description
< Major Project Components>
- Enlargement of the river channel and of existing water retention basins.
- Retention basin construction and lock gate replacement.
- Bridge replacements and enlargements.
- Provision of early warning system.
Ref: FP054 Implementation of the Integral Management Plan for the Lujan River Basin
Potential Indicators of Key Impacts
Expected total number of direct and indirect beneficiaries, disaggregated by gender (reduced vulnerability or increased resilience):
- Direct beneficiaries: 1,581,408 persons
- Indirect beneficiaries: 1,214,240 persons
16.67% of the provincial population (Buenos Aires) including indirect beneficiaries - Other relevant indicators:
- Avoided damages to dwellings derived from project implementation. Damages avoided under the most likely flood recurrence scenario (every two years with a probability of 50%) worth USD 52.4 million.
- Area benefiting from basin management and early warning system: 337,850 ha.
- Reduction of flood stains by 36% (6,879.12 ha).
