Waste Management Services

Waste Management Services

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Waste Management Services
Waste Management Services
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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

Provide waste management services, such as collection, transportation, and disposal of waste, and provide new waste collection, sorting, and recycling plants and equipment through Public-Private Partnerships (PPPs). The collected waste could be reused as a substitute for raw materials or in the process of waste-to-energy solutions. The government provides regulatory oversight and contracts, while the private company is responsible for the day-to-day operations of the waste management system and provides a source of funding for capital investments. Investors must fulfill the permits prescribed by the Environmental Protection Ministry (34).

Expected Impact

Reduce waste and illegal landfills, eliminate pollution and soil contamination, and provide better protection of the environment and public health.

How is this information gathered?
Updated: 29 Jun, 2023
Serbia
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).
5% - 10% (in ROI)
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.
USD 100 million - USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
> USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Good health and well-being (SDG 3) Sustainable Cities and Communities (SDG 11) Responsible Consumption and Production (SDG 12)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Clean water and sanitation (SDG 6) Climate Action (SDG 13) Life on Land (SDG 15)

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Sector Sources
  • 1) Ministry of Environmental Protection, Waste management program in the Republic of Serbia for the period 2022-2031, 2022. https://ekologija.gov.rs/sites/default/files/2022-02/program_upravljanja_otpadom_u_rs_za_period_2022-2031._god_0_2.pdf 2) Statistical office of the Republic of Serbia, Progress Report on the Implementation of Sustainable Development Goals by 2030 in the Republic of Serbia, 2022. https://www.stat.gov.rs/media/353537/progress-report-on-the-implementation-of-sustainable-development-goals-by-2030-in-the-republic-of-serbia.pdf 3) Ministry of Construction, Transport and Infrastructure, Strategy for Sustainable Urban Development of the Republic of Serbia until 2030, 2019. https://www.pravno-informacioni-sistem.rs/SlGlasnikPortal/eli/rep/sgrs/vlada/strategija/2019/47/1/reg 4) Ministry of Construction, Transport and Infrastructure, Draft of the Spatial Plan of the Republic of Serbia from 2021 to 2035, 2021. https://www.mgsi.gov.rs/sites/default/files/PPRS%20Nacrt.pdf 5) Ministry of Labour, Employment, Veteran and Social Affairs, Strategy of Prevention and Protection Against Discrimination for the period from 2022 to 2030, 2022. https://www.pravno-informacioni-sistem.rs/SlGlasnikPortal/eli/rep/sgrs/vlada/strategija/2022/12/2 6) Sustainable Development Report 2022, Sustainable development report 2022-Serbia, 2023. https://dashboards.sdgindex.org/profiles 7) B92.net, Serbia invests 4 billion euros: The complete reconstruction of the railway is planned, 2019. https://www.b92.net/biz/vesti/srbija/ulaze-se-cetiri-milijarde-evra-u-planu-celokupna-obnova-zeleznice-1563466 8) Cordmagazine.com, Renovation of rural infrastructure for 70 million euros, 2022. https://cordmagazine.com/sr/srbija/obnova-seoske-infrastrukture-za-70-miliona-evra/ 9) Cordmagazine.com, Renovation of rural infrastructure for 70 million euros, 2022. https://cordmagazine.com/sr/srbija/obnova-seoske-infrastrukture-za-70-miliona-evra/ 10) Law on investments. 2023. https://www.paragraf.rs/propisi/law-on-investments-republic-serbia.html 11) The most modern infrastructure is springing up all over Serbia: We reveal the details of a major state project, 2021. https://www.b92.net/biz/fokus/analiza/sirom-srbije-nice-najmodernija-infrastruktura-otkrivamo-detalje-velikog-drzavnog-projekta-2073904 12) "Clean Serbia", n.d. https://cistasrbija.rs/
IOA Sources
  • 21) Commission for Public-Private Partnership, Public-Private Partnership Project proposals with or without elements of concession which received the positive opinion of the Commission for Public-Private Partnership, n.d. http://jpp.gov.rs/content/projekti/spisak/spisak-odobrenih-projekata.pdf 22) Statistical office of the Republic of Serbia, Generated and treated waste, 2020, 2021. https://publikacije.stat.gov.rs/G2021/Pdf/G20211172.pdf 23) Good Health | SUSTAINABLE DEVELOPMENT GOALS, Good Health: The Sustainable Development Goals, n.d. https://sdg.indikatori.rs/sr-latn/area/good-health-and-well-being/?subarea=SDGUN030903&indicator=03090301IND01 24) Good Health | SUSTAINABLE DEVELOPMENT GOALS, Good Health: The Sustainable Development Goals, n.d. https://sdg.indikatori.rs/sr-latn/area/good-health-and-well-being/?subarea=SDGUN030903&indicator=03090301IND01 25) ""Official Gazette of RS"", The Law on Waste Management, 88/2010. https://www.ekologija.gov.rs/sites/default/files/old-documents/Otpad/Zakoni/ZAKON%20o%20upravljanju%20otpadom.pdf 26) "Official Gazette of RS," The Law on packaging and packaging waste, 95/2018. https://www.paragraf.rs/propisi/zakon_o_ambalazi_i_ambalaznom_otpadu.html 27) "Official Gazette of RS," The Law on Environmental Protection, 76 and 95/2018. https://www.paragraf.rs/propisi/zakon_o_zastiti_zivotne_sredine.html 28) "Official Gazette of RS," Decision on Establishing the National Environmental Protection Programme, 2010. https://www.ekologija.gov.rs/sites/default/files/2021-01/nacionalni-program-zastite-zivotne-sredine-r.srbija.pdf 29) "Official Gazette of RS," National Strategy for Approximation in the field of Environment for the Republic of Serbia, 2011. https://www.pravno-informacioni-sistem.rs/SlGlasnikPortal/eli/rep/sgrs/vlada/strategija/2011/80/1/reg 30) Ministry of Environmental Protection, Report on the State of the Environment in the Republic of Serbia, 2021. http://www.sepa.gov.rs/download/IZVESTAJ_2021.pdf 31) Srda.rs, Where to recycle - recycling map of Serbia, Where to recycle - Recycling map of Serbia, n.d. https://gdereciklirati.rs/# 32) Danas.rs, Veolia takes over the management of the Vinca landfill from the French SUEZ Group, 2021. https://www.danas.rs/vesti/beograd/veolia-preuzima-upravljanje-deponijom-vinca-od-francuske-suez-grupe/ 33) Statistical office of the Republic of Serbia, Generated and treated waste, 2021. https://publikacije.stat.gov.rs/G2022/HtmlL/G20221184.html 34) Ministry of Environmental Protection of the Republic of Serbia, Waste management, n.d. https://www.ekologija.gov.rs/lat/dozvole-obrasci/upravljanje-otpadom 35) Biznis.rs, Application for reporting illegal landfills in Serbia, 2021. https://biznis.rs/preduzetnik/aplikacija-za-prijavljivanje-divljih-deponija-u-srbiji/ 36) Sepa.gov, Register of illegal landfills, n.d. http://nrizgis.sepa.gov.rs/kdd/ 37) 021.rs, After the Public-Private Partnership for the water factory, Zrenjanin is embarking on the project of rehabilitating the landfill, 2022. https://www.021.rs/story/Info/Vojvodina/308767/Posle-javno-privatnog-partnerstva-za-fabriku-vode-Zrenjanin-se-upusta-u-poduhvat-sanacije-deponije.html 38) Ekapija.com, Tectonic Disruption in the Recycling Industry- Demand fell by more than 80%, 2020. https://www.ekapija.com/news/2985688/tektonski-poremecaj-u-reciklaznoj-industriji-traznja-pala-za-vise-od-80 39) Peterhof Consulting stakeholder consultations online on 3rd of February, 2023. 40) Action Plan for 2022 – 2024 for the implementation of the Waste Management Programme in the Republic of Serbia for 2022 -2031, 2022. https://srda.rs/wp-content/uploads/2022/04/Akcioni_plan-za-period-2022-2024.-godine-za-sprovodjenje-programa-upravljanja-otpadom-2021-2031..pdf