Webinar | Enabling Circular Waste Solutions in Emerging Economies
Global waste production is expected to grow from 2.1 billion to 3.4 billion tons per annum by 2050. Currently, more than 90 percent of waste in low-income countries is either dumped in the open or burned. If this is not managed in an environmentally sustainable way, it will inevitably lead to increased levels of pollution and disruption to natural ecosystems, with the associated public health and environmental risks.
Sound sustainability and circular economy principles are needed to not only combat climate change, but to improve the quality of life of local communities and create meaningful economic opportunities. By reducing the amount of waste sent to landfills where it can decompose and produce methane, global greenhouse gas emissions can be significantly mitigated, and as value chains become more circular, secondary sources of valuable raw materials can be created.
The International Finance Corporation (IFC)– a member of the World Bank Group– is the largest global development institution focused on the private sector in emerging markets and is a leading investor in the waste management sector. IFC has extensive experience across the entire waste management value chain, and is well equipped to support such initiatives. To date, IFC has committed more than $1.2 billion to waste management projects around the world, with a focus on projects that enable value creation from waste. In this context, IFC has recently launched the Circularity Plus Platform, which provides investment and advisory support to waste management companies and select municipal governments for projects focused on circularity and value creation from waste. The focus areas of the platform include waste collection and transfer, sorting and recycling, energy recovery and access to carbon credit markets, among other waste management solutions.
To learn more about IFC’s approach to waste management and the Circularity Plus Platform, join us on the 21st of June from 9:00-10:00 (ET)/ 15:00-16:00 (CEST).
Only limited spots are available for the webinar, don’t forget to register now to secure your spot!