New funding from the London Waste and Recycling Board has been allocated for the development of better waste infrastructure for the municipality. The £28 million fund will look to support projects which aim to further develop London’s waste infrastructure. Various projects to receive the funding will be chosen over the next year.
Europe gave the fund £18 million last year, and asked for applications for grants to allocate the funding. That money was used to fund reuse schemes as well as the Recycle for London campaign. Additionally, some of the £18 million from last year was given to build a 100,000 tonne per annum gasification plant.
This year’s funds will be allocated over the next year as the the Board chooses 20 projects to be considered for funding. Assembly Member, James Cleverly, stated that the Board has already scouted out a host of projects which they are interested in supporting. He added that the chosen schemes will be the most effective with the amount of funding being allocated.
The Mayor of London’s waste initiative, as outlined in his draft for municipal waste strategies, London’s Wasted Resource, will guide the project choices as it contains measures to be taken to increase London’s recycling rates.
Many of the measures indicate ways in which the city can reduce waste and pollution, ensure cleaner streets, and ways the city and business can profit more off of waste management. The proposed measures could save the city up to £90 million each year.
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