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P&G and ADB invest in waste-to-energy project
September 4, 2012
P&G and ADB invest in waste-to-energy project
The Philippines is to be the testing ground for new “waste-to-worth” energy plants under a feasibility plan between the Asian Development Bank (ADB) and Proctor & Gamble (P&G). The aim is to generate up to two megawatts of power from collected solid waste. ADB has approved USD 385,000 technical assistance, equivalent to 60 percent of the total cost, to help determine the viability and sustainability of the project.
Around 6,700 tons of solid waste is generated everyday in Manila alone but only 720 tons are recycled or composted. The remaining are hauled to dump sites, openly burned, or dumped illegally. This has lead to serious environmental problems such as air pollution, soil and groundwater contamination. This project aims to eliminate the need for landfill as less than 1 percent of the waste is expected to remain after processing.
“The disposal of municipal solid waste is a serious environmental and social problem. This is the kind of innovative project that brings the public and private sectors together to tackle a problem seen throughout the developing world. Successfully piloting an integrated solid waste management system means it could be replicated in other parts of the world,” says Jose Manuel Limjap, investment specialist at ADB.
Read more at CleanBizAsia
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