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INDIA

Environment

 

Plastic recycling, supporting waste pickers with higher incomes

The Problem

Urban areas in India generate 0.14 million tons of dry and wet waste on a daily basis, of which only 29% is adequately recycled. The informal sector dominated by waste pickers is responsible for this recycling effort, whose lives are plagued by low and irregular incomes, low social standing, as well as unfair pricing.

The Solution

Waste Ventures India has established a formalised market for waste streams which averts waste from landfill and creates higher incomes for the waste pickers, with standardized prices with upfront payments. They purchase and segregate dry and wet waste from third-party waste pickers, corporates and apartment complexes, and process it to sell to recyclers.

The Impact

They provide up to 25% additional income to 1,200+ waste pickers and improve their long-term living standards.

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Waste Ventures.jpg

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“A charity dollar has one life -

a social business dollar can be invested over and over again”

Prof. Muhammad Yunus