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The estimated project cost was INR 102 crore (approx. USD 17 million). The total
project cost approved under JNNURM is INR 36.34 crore (approx. USD 6.06 million).
The contribution of the private player is INR 65.66 crore (approx. USD 10.94 million).
The involvement of community and informal sectors was considered while structuring
the project, though the overall responsibility lies with a SPV named Guwahati Waste
Management Company Pvt Ltd (GWMCL) for smooth coordination and implementation.
Source: MoUD (2011)
Because of the paucity of funds to render solid waste management 3.2
services in an effective manner on the lines of integrated solid waste
management principles, most ULBs are struggling to meet the
mandates of the MSW Rules. The challenge is, therefore, to improve
service delivery with a focus on LCD strategies for the waste sector. The
key elements of LCD with reference to MSW management is to put the
waste reduction policy and measures in place, maximize waste reuse
and recycling, organize effective organic waste processing (composting
or energy recovery from waste), minimize land disposal and if land
disposal is inevitable, provision of landfill gas harvesting to reduce
the GHG burden. The Ministry of Urban Development has proposed
service level benchmarks for solid waste management services which
address many of these issues. The present funding mechanism
therefore needs to consider if these elements of efficient waste
management have been incorporated in project implementation plans.
2.4 The Way Forward
Attracting investments for low carbon development has been
challenging. Although progress is being made; there is an still unmet
need to achieve low carbon development. The global community
recognizes the need to create an enabling environment for low carbon
development. After the 2002 Monterrey Consensus and the 2008
Doha Declaration, the Heads of State and Government and High
Representatives, gathered in Addis Ababa from 13 to 16 July 2015,
to reaffirm their political commitment to address the challenge of
financing for sustainable development. The Addis Ababa Action Plan
suggests that “solutions can be found, including through strengthening
public policies, regulatory frameworks and finance at all levels,
unlocking the transformative potential of people and the private
sector, and incentivizing changes in financing as well as consumption
and production patterns to support sustainable development”.
Chapter 2 Innovative Financing for Low Carbon Development 311
project cost approved under JNNURM is INR 36.34 crore (approx. USD 6.06 million).
The contribution of the private player is INR 65.66 crore (approx. USD 10.94 million).
The involvement of community and informal sectors was considered while structuring
the project, though the overall responsibility lies with a SPV named Guwahati Waste
Management Company Pvt Ltd (GWMCL) for smooth coordination and implementation.
Source: MoUD (2011)
Because of the paucity of funds to render solid waste management 3.2
services in an effective manner on the lines of integrated solid waste
management principles, most ULBs are struggling to meet the
mandates of the MSW Rules. The challenge is, therefore, to improve
service delivery with a focus on LCD strategies for the waste sector. The
key elements of LCD with reference to MSW management is to put the
waste reduction policy and measures in place, maximize waste reuse
and recycling, organize effective organic waste processing (composting
or energy recovery from waste), minimize land disposal and if land
disposal is inevitable, provision of landfill gas harvesting to reduce
the GHG burden. The Ministry of Urban Development has proposed
service level benchmarks for solid waste management services which
address many of these issues. The present funding mechanism
therefore needs to consider if these elements of efficient waste
management have been incorporated in project implementation plans.
2.4 The Way Forward
Attracting investments for low carbon development has been
challenging. Although progress is being made; there is an still unmet
need to achieve low carbon development. The global community
recognizes the need to create an enabling environment for low carbon
development. After the 2002 Monterrey Consensus and the 2008
Doha Declaration, the Heads of State and Government and High
Representatives, gathered in Addis Ababa from 13 to 16 July 2015,
to reaffirm their political commitment to address the challenge of
financing for sustainable development. The Addis Ababa Action Plan
suggests that “solutions can be found, including through strengthening
public policies, regulatory frameworks and finance at all levels,
unlocking the transformative potential of people and the private
sector, and incentivizing changes in financing as well as consumption
and production patterns to support sustainable development”.
Chapter 2 Innovative Financing for Low Carbon Development 311
