"Learn how private investment commitments within the MSW sector vary among developing economies."
Solid waste is inextricably linked to urbanization and economic development—as countries urbanize, and their standards of living increase, their consumption of goods and services concurrently increase, which generates more waste. Almost 1.3 billion tons of municipal solid waste are thereby generated globally every year, and by 2050 this is expected to double. Poorly managed waste has an enormous impact on people’s health, the environment, and often results in higher costs for governments than if the waste was managed properly in the first place. It is thereby a matter of concern that as of this year, almost 2 billion people around the world don’t have their municipal waste collected.
Given the mentioned, infrastructural paucity of solid waste management systems around the world, governments and the public sector alone might not be able to address this challenge without including private sector participation in finding and developing feasible solutions to address this infrastructure gap. This infographic, produced by Economists within the World Bank's IFC and IPG Group, details the general nature of municipal solid waste (MSW) projects around the world, while also providing examples of different MSW projects which have successfully involved the private sector.