MaximsNewsNetwork: TRASH-INTO-CASH in ASIAN CITIES (U.N. ESCAP) (WORLD BANK) (UNTV)

MaximsNewsNetwork: 22 February 2010 - UN ESCAP, World Bank, UNTV: Dhaka, Bangladesh - UN-backed initiative aims to transform trash into cash' through solid waste development strategies in cities in Asia and the Pacific.

Under a new United Nations-backed initiative launched today, cities in Asia and the Pacific, which are dealing with ever-increasing heaps of waste, will be able to transform trash into cash.

The scheme unveiled by the UN Economic and Social Commission for Asia and the Pacific (ESCAP) and Waste Concern, a Bangladeshi non-governmental organization (NGO) seeks to help solid waste development strategies become decentralized, pro-poor, low-carbon and self-financing through the sale of carbon credits.

Exploding urban populations and economies in the region have resulted in a surge in solid wastes that municipal governments are finding difficult to dispose of, as dumpsites fill up and land for new ones is becoming harder to come by.

Even though local governments spend up to 60 per cent of their annual budgets to collect, transport and dispose of solid wastes, not all waste is collected and is often disposed in crude open dumps that pollute the atmosphere and water.

The new programme seeks to harness the potential of the informal waste collection sector, which has demonstrated that recycling trash can be extremely profitable.

Millions make a living from recycling waste, both from inorganic recyclable waste and organic waste, which can be turned into compost and can generate initial start-up costs through carbon credits.

SEE: UN ESCAP LAUNCHES PROJECT TO HELP ASIA-PACIFIC CITIES TURN TRASH-INTO-CASH (MaximsNewsNetwork) http://www.maximsnews.com/news20100225ESCAPtrashtocash1100220101.htm
........................................ ............................... ( THE WORLD BANK ) ................................. ( UNITED NATIONS ECONOMIC AND SOCIAL COMMISSION FOR ASIA AND THE PACIFIC: UN ESCAP ) ........................................... ( UNITED NATIONS TELEVISION: UNTV ) ........................................ ................................................... .......................................................... MaximsNewsNetwork:
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Category:

News & Politics

Tags:

• trash
• cash
• waste
• enviornment
• World Bank
• UNTV
• United Nations
• ESCAP
• Asia-Pacific
• cities
• MaximsNews Network
• Waste Concern
• Dhaka
• Bangladesh