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Financing Waste Management

The document discusses how the World Bank has provided financing to help countries improve their solid waste management systems. Loans have supported waste management projects in Azerbaijan, China, Nepal, Pakistan, Vietnam, and the Philippines, helping increase recycling rates and reduce carbon emissions and flood risks.

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Nare Balyan
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37 views2 pages

Financing Waste Management

The document discusses how the World Bank has provided financing to help countries improve their solid waste management systems. Loans have supported waste management projects in Azerbaijan, China, Nepal, Pakistan, Vietnam, and the Philippines, helping increase recycling rates and reduce carbon emissions and flood risks.

Uploaded by

Nare Balyan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Financing waste management

Given the overwhelming cost, financing solid waste management systems


is repeatedly a significant challenge. The World Bank’s investments have
stepped up to help countries meet that demand.

In Azerbaijan, World Bank loans supported the rehabilitation of the main


landfill site and establishment of a state-owned waste management
company, increasing the population served by the formal solid waste
management system from 53% in 2008 to 74% in 2012. Support also led to
further sustainable waste management practices, helping achieve a 25%
recycling and reuse rate.

In China, a results-based incentive program has motivated household


kitchen waste separation. The $80 million loan has also supported the
construction of a modern anaerobic digestion facility to ferment and recover
energy from organic waste, which will benefit 3 million people.

In Nepal, a results-based financing project of $4.3 million increased user


fee collection and improved waste collection services in five municipalities,
benefitting 800,000 residents.

Reducing carbon, enhancing resilience


Without improvements in the sector, solid waste related emissions will likely
increase to 2.6 billion tonnes of CO2-equivalent by 2050. Improving waste
management will help cities become more resilient to the extreme climate
occurrences that cause flooding, damage infrastructure, and displace
communities and their livelihoods.
Scavengers burning trash at the Tondo Garbage Dump in Manila, Philippines.  © Adam Cohn/Flickr  Creative Commons

In Pakistan, a $5.5 million dollar project supported a composting facility in


Lahore in market development and the sale of emission reduction credits
under the Kyoto Protocol of the United Nations Framework Convention on
Climate Change (UNFCCC). Activities resulted in reductions of 150,000
tonnes of CO2-equivalent and expansion of daily compost production
volume from 300 to 1,000 tonnes per day.

In Vietnam, investments in solid waste management are helping the city of


Can Tho prevent clogging of drains, which could result in flooding.
Similarly, in the Philippines, investments are helping Metro Manila reduce
flood risk by minimizing solid waste ending up in waterways. By focusing on
improved collection systems, community-based approaches, and providing
incentives, the waste management investments are contributing to reducing
marine litter, particularly in Manila Bay.

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