A DKK 20 million green loan for construction of a new waterworks and afforestation in Assens is one example of the eligible projects in the water management category. By year-end 2020, 31.2 per cent of the total disbursed green loan volume was in this category.
In 2020, Assens Forsyning was granted a green loan for the construction of a primary and new high-tech waterworks with an annual capacity of 800,000 m³ of drinking water. The waterworks has both pre- and post-filtration and two parallel lines. Each line treats water from its own catchment area to ensure maximum security of supply of a critical infrastructure. New technology also enables the waterworks to detect potential water spills at individual citizen level thereby helping to protect water as a resource and reduce water spills and damage. The new waterworks in Assens supplies more than 4,000 households and the business community, which includes Denmark’s fourth-largest brewery.
The green loan also includes afforestation of 50 hectares in one of the catchment areas for groundwater protection. The area contributes annually with 325,000 m³ of groundwater and afforestation forms part of a targeted environmental initiative that aims to increase the share of urban state forests in Denmark. The varied deciduous forest ‘Lundager Skov’ is being planted in 2021 and will provide new opportunities for outdoor life for local citizens.
Green loan category
The water management green loan category covers new investments in and ongoing maintenance of water collection, treatment, recycling, cleaning, reuse, technologies and related infrastructure. KommuneKredit has disbursed 292 green loans of almost DKK 7 billion in total from 2017-2020
Assens Forsyning A/S is a utility company within the area of water, wastewater and waste management serving Assens Municipality on the island of Funen.
Disbursed green loan from KommuneKredit in 2020: DKK 20 million.
Expected environmental impacts:
▪ Secure future supply of clean drinking water.
▪ Protection of groundwater.
▪ Increase share of urban state forest.
Primary EU environmental objective
Sustainable use and protection of water andmarine resources.