Transitioning to a Circular Economy : An Evaluation of the World Bank Group’s Support for Municipal Solid Waste Management (2010-20)
The impact of municipal solid waste has surpassed local and regional boundaries and has become a global challenge, with mounting public health, environmental, social, and economic costs. In this context, there is an imperative need to move on from...
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| Language: | English |
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World Bank, Washington, DC
2022
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| Online Access: | http://documents.worldbank.org/curated/en/473711647523370382/Transitioning-to-a-Circular-Economy-An-Evaluation-of-the-World-Bank-Group-s-Support-for-Municipal-Solid-Waste-Management-2010-20 http://hdl.handle.net/10986/37331 |
| Summary: | The impact of municipal solid waste
has surpassed local and regional boundaries and has become a
global challenge, with mounting public health,
environmental, social, and economic costs. In this context,
there is an imperative need to move on from the traditional
linear economic model (take-make-dispose) and adopt
sustainable alternatives such as the waste hierarchy and
circular economy approaches. A waste hierarchy approach
prioritizes waste prevention, reuse, recycling, and recovery
before disposal. A circular economy closes the loop between
extraction, manufacturing, and disposal by advocating for
designing products to reduce waste, using products and
materials for as long as possible, and recycling materials
from end‐of‐life products back into the economy. The
evaluation covers all World Bank and International Finance
Corporation (IFC) activities related to Municipal Solid
Waste Management (MSWM) during fiscal years 2010–2020, and
assesses the relevance of the Bank Group’s approach and
engagement in meeting client country needs, considering the
latest evidence and thinking on MSWM practices and country
context and readiness. The report evaluates the Bank Group’s
cohesion across its institutions—World Bank, IFC and the
Multilateral Investment Guarantee Agency (MIGA), as well as
its collaboration and partnerships with other actors to
support better outcomes for client MSWM needs. Finally, the
report assesses the effectiveness of Bank Group engagements
in delivering improved MSWM for clients and the factors that
explain such effectiveness. |
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