Plastic recycling and reprocessing

Plastic recycling and reprocessing

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Plastic recycling and reprocessing
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Infrastructure
Waste Management
Business Model Description

Establish and operate recycling plants for repurposing plastics.

Expected Impact

Mitigate against the negative environmental effects of waste and foster a circular economy especially with plastic.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
15% - 20% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Long Term (10+ years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
Half of Kigali's residents, forecast to be 2.5 million by 2032, have access to waste collection services.
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Good health and well-being (SDG 3) Clean water and sanitation (SDG 6) Responsible Consumption and Production (SDG 12)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Industry, Innovation and Infrastructure (SDG 9) Sustainable Cities and Communities (SDG 11) Life on Land (SDG 15)
Sector Sources
  • 1) United Nations Development Programme (2020). Sustainable Development Report 2020. https://unstats.un.org/sdgs/report/2020/The-Sustainable-Development-Goals-Report-2020.pdf 2) Gatete, C. (2016). The Rwanda we want: Towards ‘Vision 2050’. https://www.minecofin.gov.rw/fileadmin/user_upload/Minecofin/Speeches/Hon_Gatete_Umushyikirano_Presentation_2016.pdf 3) National Institute of Statistics of Rwanda (2012). Fourth Population and Housing Census 2012. http://www.statistics.gov.rw/publication/rphc4-population-projections 4) Rajashekar, A., Bowers, A. and Sebarenzi Gatoni, A. (2019). Assessing waste management services in Kigali. International Growth Centre. https://www.theigc.org/wp-content/uploads/2019/11/Rajashekar-et-al-2019-paper.pdf] 5) Rajashekar, A., Bowers, A. and Sebarenzi Gatoni, A. (2019). Assessing waste management services in Kigali. International Growth Centre. https://www.theigc.org/wp-content/uploads/2019/11/Rajashekar-et-al-2019-paper.pdf] 33) African Development Bank (2008). Gender assessment: progress towards improving women’s economic status. https://www.afdb.org/fileadmin/uploads/afdb/Documents/Project-and-Operations/rwanda.pdf
IOA Sources
  • 6) Bower, J. and Murray, S. (2019). Housing need in Kigali: Findings and policy reflections. https://www.theigc.org/wp-content/uploads/2019/07/Bower-Murray-2019-Policy-brief.pdf 7) National Institute of Statistics of Rwanda (2018). Utilities and Amenities Thematic Report. 8) Republic of Rwanda. Law No 17/2019 - Law Single Plastic Use Ban. https://elaw.org/plastic/RW_PlasticLaws 9) Republic of Rwanda. Law N°57/2008 of 10/09/2008 relating to the prohibition of manufacturing, importation, use and sale of polythene bags in Rwanda. http://extwprlegs1.fao.org/docs/pdf/rwa93800.pdf 10) Dsilva, E. (2019). Going surgical on plastics in Rwanda, 2019. https://www.downtoearth.org.in/news/waste/going-surgical-on-plastics-in-rwanda-68446 11) Waste and Resources Action Program (2009). A financial assessment of recycling mixed plastics in the UK, https://archive.wrap.org.uk/sites/files/wrap/WRAP%20A%20financial%20assessment%20of%20recycling%20mixed%20plastics%20in%20the%20UK.pdf 12) PwC analysis based on Prof. A. Damodaran data, 2020. 13)Kazoora, J. (2019). Exploring the future of plastic recycling industries in Uganda. http://dissertations.mak.ac.ug/handle/20.500.12281/7252 14) Cumberland County Pennsylvania. Frequently asked questions - plastics. https://www.ccpa.net/DocumentCenter/View/5384/Plastic_FAQs? 15) Baltimore Urban Debate League (2012). Recycling - Supporting Documents. http://budl.org/wp-content/uploads/2012/07/Recycling-Supporting-Docs.pdf 16) Baltimore Urban Debate League (2012). Recycling - Supporting Documents. http://budl.org/wp-content/uploads/2012/07/Recycling-Supporting-Docs.pdf 17) Radhakrishnan, S. (2015). Environmental Implications Of Reuse And Recycling Of Packaging. Singapore: Springer-Verlag. https://www.researchgate.net/publication/286453969_Environmental_Implications_of_Reuse_and_Recycling_of_Packaging 18) Lemille, A. (2019). For a true circular economy, we must redefine waste. https://www.weforum.org/agenda/2019/11/build-circular-economy-stop-recycling/ 19) Westervelt, A. (20120. Can Recycling Be Bad for the Environment? https://www.forbes.com/sites/amywestervelt/2012/04/25/can-recycling-be-bad-for-the-environment/#44d5642d3bec 20) Republic of Rwanda. National Sanitation Policy Implementation Strategy. https://rura.rw/fileadmin/Documents/Water/Laws/NATIONAL_SANITATION_POLICY_IMPLEMENTATION_STRATEGY__DECEMBER_2016.pdf 21) Republic of Rwanda. Water and Sanitation Sector Strategic Plan 2018 - 2024. https://www.mininfra.gov.rw/fileadmin/user_upload/WATSAN_SSP_2018_-2024.pdf 22) Republic of Rwanda. National e-Waste Management Policy for Rwanda. https://environment.gov.rw/fileadmin/Environment_Subsector/Laws__Policies_and_Programmes/Policies/E-waste_policy_-_FINAL.pdf 23) Republic of Rwanda. Regulations No 002/EWASTAN/SW/RURA/2015 of 24th/April/2015 Governing Solid Wastes Recycling in Rwanda. https://rura.rw/fileadmin/Documents/Water/RegulationsGuidelines/CLEANED_FINAL_SOLID_WASTES_RECYCLING_REGULATIONS.pdf 24) Republic of Rwanda. Regulations No 005/R/SAN-EWS/RURA/2016 Governing Liquid Waste Collection and Transportation. https://www.rura.rw/fileadmin/Documents/Water/RegulationsGuidelines/Regulations_Governing__liquid_waste_collection_and_transportation.pdf 25) Republic of Rwanda. Organic Law Determining the Modalities of Protection, Conservation and Promotion of the Environment in Rwanda. https://repositories.lib.utexas.edu/bitstream/handle/2152/4960/4063.pdf;sequence=1 26) Republic of Rwanda. Organic Law determining the use and management of land in Rwanda. https://urbanlex.unhabitat.org/sites/default/files/organic_law_determining_the_use_and_management_of_land_in_rwanda.pdf 27) Republic of Rwanda. Law N° 63/2013 of 27/08/2013 determining the mission, organization and functioning of Rwanda Environment Management Authority (REMA). http://extwprlegs1.fao.org/docs/pdf/RWA131807.pdf 28) Republic of Rwanda. Law Nº16/2012 of 22/05/2012 determining the organization, functioning and mission of the National Fund for Environment (FONERWA). http://extwprlegs1.fao.org/docs/pdf/rwa114654.pdf 29) PwC. Corporate - Tax credits and incentives. https://taxsummaries.pwc.com/rwanda/corporate/tax-credits-and-incentives 30) Africa Legal Network (2015). Investment Guide - Rwanda. https://www.africalegalnetwork.com/wp-content/uploads/2015/12/Rwanda-Investment-Guide-2015.pdf 31) SDG Tracker (2021). Measuring progress towards the Sustainable Development Goals. https://sdg-tracker.org/ 32) Republic of Rwanda (2019). Voluntary National Review Rwanda 2019. https://sustainabledevelopment.un.org/content/documents/23432Rwanda_VNR_Document__Final.pdf 34) Coped (2020). Our services. http://www.copedgroup.com/services