Waste management industry, or waste industry for short, subsumes all industrial branches concerned with waste management, waste dumping, waste recycling and - to a lesser degree - waste prevention.
Within Germany, waste management has evolved into a large economic sector. There are more than 270,000 people working in some 11,000 companies with an annual turnover of around 70 billion euros (~$78 billion). More than 15,500 waste management facilities help to conserve resources through recycling and other recovery operations. [1] On a global scale, the market size is expected to reach $530.0 billion by 2025 from $330.6 billion in 2017, with a compound annual growth rate of 6.0%. [2] The growth might even continue when, according to a World Bank report, global waste production will grow by 70% from 2018 to 2050, unless severe measures are taken. [3] [4]
Among the top companies in the sector are the following: [5]
The economy of Kazakhstan is the largest in Central Asia in both absolute and per capita terms. In 2021, Kazakhstan attracted more than US$370 billion of foreign investments since becoming an independent republic after the dissolution of the former Soviet Union.
Waste management or waste disposal includes the processes and actions required to manage waste from its inception to its final disposal. This includes the collection, transport, treatment, and disposal of waste, together with monitoring and regulation of the waste management process and waste-related laws, technologies, and economic mechanisms.
Yellow grease, also termed used cooking oil (UCO), used vegetable oil (UVO), recycled vegetable oil, or waste vegetable oil (WVO), is recovered from businesses and industry that use the oil for cooking.
Karachi is the financial and industrial capital of Pakistan. As of 2019, Karachi has an estimated GDP (PPP) of $164 billion. The city accounts about half of the total collections of the Federal Board of Revenue, out of which, approximately half are customs duty and sales tax on imports. Karachi produces about 30 percent of value added in large-scale manufacturing, 25% of the GDP, the World Bank identified Karachi as the most business-friendly city in Pakistan. In 2010, research by the global human resources company Mercer found Karachi to be the most inexpensive city in the world.
The electronics industry is the economic sector that produces electronic devices. It emerged in the 20th century and is today one of the largest global industries. Contemporary society uses a vast array of electronic devices that are built in factories operated by the industry, which are almost always partially automated.
Clean technology, also called cleantech or climatetech, is any process, product, or service that reduces negative environmental impacts through significant energy efficiency improvements, the sustainable use of resources, or environmental protection activities. Clean technology includes a broad range of technology related to recycling, renewable energy, information technology, green transportation, electric motors, green chemistry, lighting, grey water, and more. Environmental finance is a method by which new clean technology projects can obtain financing through the generation of carbon credits. A project that is developed with concern for climate change mitigation is also known as a carbon project.
Construction activity has increased due to recent tax incentives. Romania has become an increasingly popular choice for British property investors, according to recent research from Currencies Direct. The latest Global Emerging Markets Index from the foreign exchange company shows that Romania has made the top ten for the first time, reaching number nine. The monthly index is based on the number of foreign exchange transfers undertaken by the firm to emerging market regions for property purchases. According to Currencies Direct, Romania has seen significant increases in house prices in recent years and its interest rate has dropped from a level of 154 per cent in 1997 to 8.9 per cent in 2005.
The renewable-energy industry is the part of the energy industry focusing on new and appropriate renewable energy technologies. Investors worldwide are increasingly paying greater attention to this emerging industry. In many cases, this has translated into rapid renewable energy commercialization and considerable industry expansion. The wind power, solar power and hydroelectric power industries provide good examples of this.
Jørgen Randers is a Norwegian academic, professor emeritus of climate strategy at the BI Norwegian Business School, and practitioner in the field of future studies. His professional field encompasses model-based future studies, scenario analysis, system dynamics, sustainability, climate, energy and ecological economics. He is also a full member of the Club of Rome, a company director, a member of various not-for-profit boards, a business consultant on global sustainability matters and an author. His publications include the seminal work The Limits to Growth (co-author), and Reinventing Prosperity. He served, between 1994 and 1999, as deputy director general of the World Wildlife Fund International.
Green growth is a concept in economic theory and policymaking used to describe paths of economic growth that are environmentally sustainable. It is based on the understanding that as long as economic growth remains a predominant goal, a decoupling of economic growth from resource use and adverse environmental impacts is required. As such, green growth is closely related to the concepts of green economy and low-carbon or sustainable development. A main driver for green growth is the transition towards sustainable energy systems. Advocates of green growth policies argue that well-implemented green policies can create opportunities for employment in sectors such as renewable energy, green agriculture, or sustainable forestry.
A circular economy is a model of resource production and consumption in any economy that involves sharing, leasing, reusing, repairing, refurbishing, and recycling existing materials and products for as long as possible. The concept aims to tackle global challenges such as climate change, biodiversity loss, waste, and pollution by emphasizing the design-based implementation of the three base principles of the model. The main three principles required for the transformation to a circular economy are: designing out waste and pollution, keeping products and materials in use, and regenerating natural systems. CE is defined in contradistinction to the traditional linear economy.
Waste management in Russia refers to the legislation, actions and processes pertaining to the management of the various waste types encountered throughout the Russian Federation. The basis of legal governance for waste management in Russia at the federal level is outlined through Federal Law No. 89-FZ, which defines waste as “the remains of raw materials, materials, semi-finished products, other articles or products that have been formed in the process of production or consumption as well as the goods (products) that have lost their consumer properties”.
Plastic pollution is the accumulation of plastic objects and particles in the Earth's environment that adversely affects humans, wildlife and their habitat. Plastics that act as pollutants are categorized by size into micro-, meso-, or macro debris. Plastics are inexpensive and durable, making them very adaptable for different uses; as a result, manufacturers choose to use plastic over other materials. However, the chemical structure of most plastics renders them resistant to many natural processes of degradation and as a result they are slow to degrade. Together, these two factors allow large volumes of plastic to enter the environment as mismanaged waste which persists in the ecosystem and travels throughout food webs.
Lighting as a service (LaaS), also known as light as a service, is a service-based business model in which light service is charged on a subscription basis rather than via a one-time payment. It is managed by third parties, more precisely, by specialized service providers and may include light design, financing, installation, maintenance and other services. The model enables customers to outsource lighting aspects of their business over a set time.
There are various issues of waste management in Thailand, including excessive plastic use, industrial waste, among others.
Waste management in India falls under the purview of the Union Ministry of Environment, Forest and Climate Change (MoEF&CC). In 2016, this ministry released the Solid Wastage Management (SWM) Rules, which replaced by the Municipal Solid Waste Rules, and 2000 of which had been in place for 16 years. This national policy plays a significant role in the acknowledgment and inclusion of the informal sector into the waste management process for the first time.
Water-related industry in Africa provides jobs and employment opportunities in many sectors, for example agriculture, fisheries, manufacturing and industry.
Data technology is the technology connected to areas such as martech or adtech. Data technology sector includes solutions for data management, and products or services that are based on data generated by both human and machines. DataTech is an emerging industry that uses Artificial Intelligence, Big Data analysis and Machine Learning algorithms to improve business activities in various sectors, such as digital marketing, or business analysis.
China's waste import ban, instated at the end of 2017, prevented foreign inflows of waste products. Starting in early 2018, the government of China, under Operation National Sword, banned the import of several types of waste, including plastics with a contamination level of above 0.05 percent. The ban has greatly affected recycling industries worldwide, as China had been the world's largest importer of waste plastics and processed hard-to-recycle plastics for other countries, especially in the West.
The European Green Deal, approved in 2020, is a set of policy initiatives by the European Commission with the overarching aim of making the European Union (EU) climate neutral in 2050. The plan is to review each existing law on its climate merits, and also introduce new legislation on the circular economy (CE), building renovation, biodiversity, farming and innovation.