The waste sector accounts for ~5% of the total GHG emissions from cities/metropolitan areas but the potential for GHG reduction in this sector is not harvested. Led by Suez, this project aims project aims to trigger large-scale emission reduction in waste and to explore climate finance as a new funding mechanism.
The WASTE MITI² project is designed to address current barriers to implementation of climate-friendly waste management practices by focusing on “capacity building” via execution of GHG mitigation demonstration projects and creation of tailored MRV environments for specific waste management activities including:
- Waste collections
- Lanfill operations
- Composting operations
- Wastewater collection
The WASTE MITI² project will focus on local (city-level) impacts and reporting requirements within various geographies, all the while considering the possible relevance for NAMAs (Nationally Appropriate Mitigation Action) and result-based finance schemes.