Criteria: Waste Management

RESOURCES

Climate Bonds Standard

NEWS

Jan 2017: TWG launch and first meeting

The waste sector has the potential to contribute a 10-15% reduction in global greenhouse gas emissions. Opportunities in prevention, reuse, recycling, and energy recovery can achieve significant mitigation by reducing landfill emissions, reducing emissions linked to resource extraction and production using virgin materials, and providing an alternative energy source that substitutes fossil fuels.

Any questions on waste management?

Please contact Cory Nestor at Cory.Nestor@climatebonds.net

Trends in governmental interventions and business activity indicate that globally, governments and businesses recognise the economic and environmental value of better waste management. To transition to a low-carbon and climate-resilient economy, these stakeholders require significant capital to invest in innovative, effective technologies and infrastructure that transform the waste sector and turn waste into resources.

Interested in Climate Bonds Certification?
1. Read more about the Climate Bonds Standard
2. Email certification@climatebonds.net for more information

The Climate Bonds Initiative sees a role for the $100 trillion bond market in addressing the huge funding needs of the global waste sector, estimated to be hundreds of billions of dollars. To this end, the Climate Bonds Initiative has assembled a Waste Management Technical Working Group (TWG) that consists of 19 experts across 16 organisations including universities, NGOs, consultancies, and industry associations.

Enabling the transition to a low-carbon and climate-resilient economy will require more than slight improvements to business as usual. With the expertise of the Waste Management TWG, the Climate Bonds Initiative aims to develop mitigation & adaptation criteria for the waste management sector to facilitate ambitious emissions reduction and improvement in climate resilience. These will be aligned with the Paris climate change agreement seeking to limit global average temperature increase to 1.5°C. On top of climate change impacts, the Waste Management TWG will also consider other environmental and social impacts, where they are regarded to be significant.

Launched in January 2017, the Waste Management TWG will first consider the types of waste and the technologies that will be in scope and the priorities for criteria development. Waste types under consideration include municipal solid waste, commercial & industrial waste, and construction & demolition waste. Technologies under consideration include refurbishment and remanufacture, recycling, anaerobic digestion, composting, and energy recovery from waste. Meeting monthly over 6-12 months, the Waste Management TWG will develop mitigation & adaptation criteria for waste management activities and infrastructure, which will incorporate feedback from an Industry Working Group (IWG) and a public consultation.

TECHNICAL WORKING GROUP - Current Members

Anaerobic Digestion and
Bioresources Association (ADBA)

Jessica Allan
Environment and Regulation Manager

UK Green Investment Bank (GIB)
Adrian Barnes
Associate – Sustainable Finance

Trucost
Libby Bernick
Global Head of Corporate Business

Resource and Waste Solutions
Terry Coleman
Consultant
TWG Lead Specialist

Veolia
Gary Crawford
Vice President of International Affairs

World Business Council for
Sustainable Development

Brendan Edgerton
Manager, Sustainable Materials

London Waste and Recycling Board
Stuart Ferguson
Head of Investment

Golder Associates (UK)
David Hall
Senior Consultant

Eunomia
Dr Dominic Hogg
Chairman

Ricardo Energy & Environment
Chris Hoy
Waste Management Specialist

WRAP
Keith James
Special Adviser Environmental Research

Anaerobic Digestion and
Bioresources Association (ADBA)

Thom Koller
Policy Officer

CECEP
Mr. Wenqin Lu
Deptuy Director

The Energy and Resources Institute (TERI)
Sourabh Manuja
Associate Fellow,
Environment and Waste Management Division

University of Surrey
Professor Richard Murphy
Director, Centre for Environment & Sustainability

The Energy and Resources Institute (TERI)
Dr Suneel Pandey
Director, Environment and Waste Management Division

Ricardo Energy & Environment
Dr Adam Read
Practice Director - Resource Efficiency & Waste Management

C40
Amrita Sinha
Manager, Solid Waste Network

University College London (UCL)
Dr Carla Tagliaferri
Research Associate

Resource Futures
Bernie Thomas
Principal Consultant

     

Zero Waste Europe
Mariel Vilella
Managing Director

     

Biographies of current members of the Technical Working Group are available here.

    Climate Bonds Standard: Sector Criteria Process

    Each sector-specific eligibility criteria are developed along a set process. This ensures we create robust science-backed criteria that are usable in the market:

    Sector criteria are currently available for Solar Energy, Wind Energy, Geothermal Energy, Low Carbon Buildings, Water Infrastucture, Low Carbon Transport and Marine Renewable Energy.

    Soon to be available are criteria for Hydropower and Forestry. Work is ongoing on Waste Management, Bioenergy, Land Conservation & Restoration and Land Use.

    The Climate Bonds Initiative provides information resources like this page as a public good. You are free to republish and/or quote online comments or analyses without prior consent, provided you provide a full reference, clearly stating the Climate Bonds Initiative and the relevant author as the source, and include a prominent hyperlink to the original post.