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Nancy Sahay Viswashree Ajay Dahiya Ravindra Singh

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Presentation on theme: "Nancy Sahay Viswashree Ajay Dahiya Ravindra Singh"— Presentation transcript:

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2 Nancy Sahay Viswashree Ajay Dahiya Ravindra Singh
Ministry of Environment, Forest and Climate Change Government of India WASTE EXCHANGE Garbage to Gold Nancy Sahay Viswashree Ajay Dahiya Ravindra Singh

3 WASTE MANAGEMENT - ISSUES Littering and Open Dumping
Waste collection and segregation Waste Transportation Waste Disposal Problem Description Waste Exchange Process Description Benefits Implementation Challenges

4 PROJECTIONS ON WASTE GENERATION IN INDIA
1400 km2 300 MT 60 MT 300 km2 MSW generated Landfill requirement Data Source: TERI Problem Description Waste Exchange Process Description Benefits Implementation Challenges

5 LINEAR ECONOMY vs CIRCULAR ECONOMY
Problem Description Waste Exchange Process Description Benefits Implementation Challenges

6 WASTE EXCHANGE Problem Description Waste Exchange Process Description
Benefits Implementation Challenges

7 GOALS OF WASTE EXCHANGE
full economic potential of waste Knowledge sharing health and environment 300 tonnes 7 kwh Problem Description Waste Exchange Process Description Benefits Implementation Challenges

8 PROCESS FLOW CHART Waste User Waste Generator Exchange Portal
Lists Items for Auction Check Eligibility Exchange Portal Yes Register for Bid Winner Pays to Exchange Completion of Auction Transportation from Buyer to Seller Both parties satisfied by Transaction Yes No Payment made by Exchange to Seller Exchange helps settle Grievances Problem Description Waste Exchange Process Description Benefits Implementation Challenges

9 Adherence to Standard Rules
ROLE OF EXCHANGE Secure Transactions Adherence to Standard Rules Price Discovery Storage Facilities Knowledge Sharing Problem Description Waste Exchange Process Description Benefits Implementation Challenges

10 VALUE ADDITION TO STAKE HOLDERS
Waste Generators Revenue Generation Lower waste disposal costs Green image Waste Users Low cost raw materials Information exchange Gov / Local Body Streamlining of waste management Strengthened local bodies Society Reduced Resource wastage ,Carbon emissions Social Clashes Ragpickers Problem Description Waste Exchange Process Description Benefits Implementation Challenges

11 IMPLEMENTATION MECHANISM
The Exchange would be set up under the aegis of MoEFCC REVENUE MODEL Transaction Fees Based on fixed percentage of transaction value Storage Fees Facility available on request in trading terminals Listing Fees For registered users To be kept low to encourage participation Security Deposit Initial guarantee amount from all registered users Problem Description Waste Exchange Process Description Benefits Implementation Challenges

12 MOBILE APP PAYMENT MODEL
Problem Description Waste Exchange Process Description Benefits Implementation Challenges

13 CHALLENGES & SOLUTIONS - I
Capacity Building Lack of awareness Technical & Legal Trainings, Grievance redressal Economic Issues Fair Price Discovery Auction model, fraud detection Operational Issues smooth transactions , Institutional arrangements Network linking and Industrial Ecology Problem Description Waste Exchange Process Description Benefits Implementation Challenges

14 CHALLENGES & SOLUTIONS - II
Matching Mechanism Demand Supply Mismatch GIS mapping of sites Regulatory Barriers Certain wastes subject to strong regulations Single Window Operations, simple procedures Local Bodies Fund /resource constraints Strengthening local bodies Sustainability Financial Profitability Build cost effective/profitable model for all Problem Description Waste Exchange Process Description Benefits Implementation Challenges

15 THE CONVERGENCE MODEL Problem Description Waste Exchange
Process Description Benefits Implementation Challenges

16 when you can CASH it ” “ Waste is nothing but the resources
we are not harvesting. We allow them to disperse because we’ve been ignorant of their value.” “Why to TRASH it … when you can CASH it ”


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