_1777352142843_145525226.png&w=64&q=75){kind=small}
Egypt's waste-to-wealth strategy
The article discusses how Egypt can turn waste into a billion-dollar economic opportunity by applying circular economy principles. The international report highlights that adopting this model could increase gross domestic product (GDP) by 1%, approximately $5.94 billion, create 101,000 new jobs, reduce imports by $782 million, and boost exports by $242 million, in addition to energy savings of up to 23%. The report also examines the municipal waste volume, which was 25.4 million tons in 2022, and the proportion that is recycled, while pointing out the environmental costs associated with unsustainable waste management. It presents examples from international experiences in countries like Sweden and South Korea, where waste is utilized for energy production and policies are developed to minimize landfilling. The focus is on the importance of activating extended producer responsibility and stimulating the market through policies and financing to create a sustainable and profitable waste-based industry in Egypt.
Notice: This Is an AI-Generated Summary
Comments (0)