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A waste processing machine in Siem Reap s Puok district. The National Council for Sustainable Development (NCSD) and Ministry of Environment, with support from Sweden, Japan and the UN Development Programme (UNDP), rolled out the strategy-cum-action-plan to address some of the ecological pressures of economic activities. SUPPLIED
Circular economy strategy, plan launched
Mon, 28 June 2021
The government, with support from development partners, on June 28 launched the National Circular Economy Strategy and Action Plan, as well as an affiliated platform to engage the private sector in the Kingdom’s transition towards a circular economy.
This comes amid challenges in sustainably managing natural resources, environment, energy and waste posed by more than two decades of rapid economic and population growth.
Circular economy strategy, plan launched
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– the United Nations Industrial Development Organization – the World Economic Forum – the UN Environment Programme, UNEP
As one example of how the funding will work, the Caribbean Governors of the Inter-American Development Bank have backed Build Forward, a US$3.5 billion multi-year program to help Caribbean countries sustainably recover while making technological leaps for a transformational future.
The initiative includes a multi-donor facility to provide targeted grants and concessional financing for smart and resilient projects. The facility is expected to mobilize US$1.5 billion in resources for a series of activities that include advisory services, project preparation and catalyzing private capital for investments in resilient infrastructure, nature and disaster-risk-based solutions.
E-waste offers economic opportunities for Indonesia if we can recycle it.
While it contains hazardous elements that need to be processed and contained, it also includes valuable metals such as copper, gold, silver, platinum, palladium and other strategically valuable metals for technologies we use every day.
The concentration of selected metals in e-waste is, in some cases, higher than in their primary minerals/ores underground.
One example: it takes about 0.5-1 tonnes of gold ores to produce the gold in a wedding ring (about 2 grams). This same amount of gold can be obtained from just 15-30kg of end-of-life mobile phones.