“Waste” is a Resource

Steve Lee

CEO, Chartered Institution of Wastes Management

The CIWM Vision“A world where:

• Resources are kept working

• Wastes are managed and put back to work

• Residues (only) are carefully disposed of”.

Bank of America / Merrill Lynch Analysis

Global waste: currently worth $1tn / year.

Potential: to double to about $2tn in just 7 yrs

EU facing the toughest strategic challenges Asia and S.America seeing

the fastest growth We see opportunities across waste management, industrial treatment, waste-to-energy, wastewater and

sewage, engineering and consulting, recycling and sustainable packaging

shift away from mandatory public service to waste as a sustainable

business opportunity

fastest growth in the next decade coming from diversion, recycling,

recovery of valuable secondary raw materials, waste-to-energy, e-waste

and sustainable packaging

Consensus Judgments of all 16 U.S. Intelligence Agencies

....what sets the next quarter century apart is 7 “tectonic shifts” combining to drive change at an accelerating rate:

• the growth of the middle

class,• aging populations,• urbanization,• wider access to new

technologies,• shifting economic power,• growing demand for food

and water,• and energy independence

Commodity “Prices”

Janez Potocnik

IN 20th century:

Population............. x 4Water use.............. x 9Fossil Fuel use.... x 16Fish catch........... x 35Economy.............. x 40

“ de-materialisenot de-industrialise”

“Even if no financial crisis, EU would still be facing long term resource crisis. Green economy and resource efficiency only way forward”

Chatham House report Dec 2012

.....The spectre of resource insecurity has come back with a vengeance. Whether or not resources are actually running out, the outlook is one of supply disruptions, volatile prices, accelerated environmental degradation and rising political tensions over resource access

Source: Mayor’s Business Waste Strategy for London (Nov’11)

Source: Mayor’s Business Waste Strategy for London (Nov’11)

“WASTE” = “RESOURCE” (Efficiency / Security)

•Bottom line : “waste” or raw material

•Business continuity •Supply chain issue•CSR•Compliance•Health and Safety