Zhejiang Elec Barrel Co., Ltd
+86-579-82826996
Contact Us
    • Tel: +86-579-82813066
    • Fax: +86-579-82813616

    • whatsApp: +8613777910825

    • Email: elec@zjelecindustry.com
    • Add: Lingxiazhu Industrial Zone, Jindong District, Jinhua, Zhejiang, P.R. China

ESG Observation | Solving The Funding Problem Of Urban Waste Management Requires Multi-party Collaboration To Strengthen Financial Support

Aug 26, 2025

Waste management is an important challenge facing the world today, and with the acceleration of urbanization and population growth, the amount of waste generated is also constantly increasing. In order to effectively address this challenge, governments and relevant institutions around the world are actively exploring innovative solutions.


Financial support plays a crucial role in waste management, not only providing necessary financial support for waste management projects, but also promoting the sustainable development of the waste management industry through innovative financial tools and mechanisms.


Responsible consumption and production waste management is of great significance


The United Nations proposed 17 Sustainable Development Goals (SDGs) in 2015, providing a comprehensive, coordinated, and sustainable framework for global development. These goals are not only a common commitment of governments around the world, but also closely related to the long-term survival and development of all humanity, covering various fields from eradicating poverty, promoting economic growth to protecting the environment and addressing climate change.


Among them, the 12th item is "Responsible Consumption and Production", which emphasizes promoting the effective use of resources, reducing waste and pollution through sustainable production and consumption patterns. In the context of limited global resources, developing a circular economy and promoting the recycling of waste can not only reduce dependence on natural resources and environmental pressure, but also inject new impetus into economic growth.

 

However, current global waste management still faces many challenges. According to the Global Waste Management Outlook 2024 released by the United Nations Environment Programme (UNEP), the annual production of municipal solid waste worldwide in 2020 was 2.1 billion tons, of which 38% (810 million tons) of municipal solid waste was not effectively controlled, either dumped into the environment or burned in open air. If urgent action is not taken, it is expected that the global annual production of urban solid waste will increase to 3.8 billion tons by 2050, and uncontrolled urban solid waste will increase to 1.57 billion tons, further exacerbating issues such as climate change, ecological damage, and threats to human health caused by waste pollution.

 

news-679-317

 

Based on the concern for waste management issues, relevant concepts have been proposed at the international level to standardize and improve waste management pathways. The United Nations Environment Programme (UNEP) has proposed an action framework that includes three key steps: first, controlling waste; Secondly, implement environmentally sound waste management; Thirdly, treat waste as a secondary resource and move towards a circular economy.


The Zero Waste International Alliance (ZWIA) proposes the concept of "zero waste" and defines it as "protecting all resources by responsibly producing, consuming, reusing, and recycling products, packaging, and raw materials that do not burn or emit substances that threaten the environment or human health to land, water, or air.


On December 14, 2022, the 77th session of the United Nations General Assembly passed a resolution declaring March 30 of each year as "International Day of No Remembrance". At the same time, UN Habitat launched the "Waste Wise Cities" project to encourage cities to adopt 12 key principles in their solid waste management strategies to address the growing global waste management crisis and strengthen waste management.

 

At the policy level in our country, we continue to pay attention to waste management and emphasize the importance of waste recycling. In February 2024, the General Office of the State Council issued the "Opinions on Accelerating the Construction of a Waste Recycling System", proposing to initially establish a waste recycling system covering various fields and links by 2025; By 2030, a comprehensive, efficient, standardized and orderly waste recycling system will be established, with the overall level of waste recycling ranking among the top in the world.


In July 2024, the Central Committee of the Communist Party of China and the State Council issued the "Opinions on Accelerating the Comprehensive Green Transformation of Economic and Social Development", proposing to improve the waste recycling system, strengthen the capacity for waste classification, disposal, and recycling, and enhance the scale, standardization, and refinement of recycling.


The successive introduction of these policies has also pointed out the direction for China's waste recycling management and injected strong impetus into achieving sustainable development of the Chinese economy and society.