Ver 1.0 (May 23)
Confidential & Proprietary | 2023 CBRE Inc.
73% Increase in Waste Generation
With rapid population growth and urbanisation, annual waste generation is expected to increase from 2.24 billion tonnes today to 3.88 billion tonnes in 2050
Source: www.worldbank.orge
Waste Surplus
Countries that historically took the world’s recycling have stopped in a bid to reduce pollution locally, this means developed countries can no longer export waste and have a waste surplus
Waste Mismanagement
There is a lack of transparency in the waste industry where a company could be paying for waste removal without any assurance of where that waste ends up. Companies run the risk of being penalised should there be lack of compliance
1. Waste Backdrop
2. Linear Waste Economy Is Unsustainable
Continuing demand and external market pressures will determine the journey to a Circular Economy.