A newly released report finds that the investment required in Indonesia between 2017 and 2040 for waste collection, sorting, recycling, recovery, and disposal is estimated to be $18.4 billion. It note

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Maria Dumpert
Maria Dumpert

A newly released report finds that the investment required in Indonesia between 2017 and 2040 for waste collection, sorting, recycling, recovery, and disposal is estimated to be $18.4 billion. It note

4 years ago

A newly released report finds that the investment required in Indonesia between 2017 and 2040 for waste collection, sorting, recycling, recovery, and disposal is estimated to be $18.4 billion. It notes, however, that the public sector will not be able to cover these costs alone; it will be imperative that Indonesia takes action to attract private actors to invest in its waste management sector. For instance, Indonesia could build a market for recycled plastic through Extended Producer Responsibility fees. This system could help create rewards for companies who put easily recyclable and/or recycled packaging on the market. Fees would be lower as the proportion of recycled content increases, helping create competitiveness incentives.