【COP29 Side-Event】Sustainable Finance for Proper Implementation of Sustainable Waste
Day：2024.12.19
event ｜
Reporting party
| identity | belong to | title |
|---|---|---|
| Junko Morizane | Global Environment Department | Environmental Management and Climate Change Group |
Outline
Date：November 15, 2024
Host：UN Secretary-General's Zero-Waste Advisory Board, African Clean Cities Platform (ACCP) and UN-Habitat
Venue (Pavilion Name)：Multilevel Action & Urbanization Pavilion
Speaker
| identity | belong to | title |
|---|---|---|
| Shiho Jino | UN-Habitat | Waste Management Specialist |
| Christina Jager | Yunus Environment Hub | Co-founder/Managing Director |
| Lara van Druten | The Waste Transformers | Chief Executive Officer/Founder |
| Akinyemi Akinyugha | Ado-Ekiti State, Nigeria | Technical Advisor to the Governor |
| Kazunao Shibata | JICA | Deputy General Manager, Global Environment Department and General Manager, Environmental Management and Climate Change Group |
Background and purpose
The event was organized by UN-Habitat, the secretariat of both the African Clean Cities Platform (ACCP) and the UN Secretary-General's Zero-Waste Advisory Board, on how to secure sustainable financing for waste management, including final disposal sites, one of the sources of greenhouse gas (GHG) emissions.
Contents
- Speakers from foundations and NGOs working on waste management issues in Africa and elsewhere shared their experiences in supporting social businesses engaged in waste management and recycling (e.g., strengthening accounting capacity, basket financing), while a speaker from a local government in Nigeria introduced the challenges of securing operating and maintenance costs.
- Mr. Shibata, Deputy Director of JICA's Global Environment Department, reported that only about 0.3% of all donor assistance (International Development Cooperation) is directed to waste management (average rate of three years from 2003 to 2012). In terms of per capita, he pointed out that the per capita beneficiary funding for development funding as a whole is 31 USD, while the per capita funding for waste management is a very small 0.9 USD.
He also mentioned the need to increase support for waste management in light of the low priority given to waste management and the very small amount of aid received, as well as the need to consider the use of climate funds in the waste sector.
Moreover, he called for the establishment of a sustainable financing system to promote investment in waste management infrastructure and its proper operation and maintenance, as well as the strengthening of soft capacities and the mobilization of financial and technical partners, and finally calling for strengthening efforts toward TICAD 9 and the ACCP General Assembly, which will be held concurrently.
Group photo of speakers
Side events
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