The newest beneficiaries of public funding provided under the Private Finance Initiative are four council waste management schemes.
The money was given out by the Department for the Environment, Food and Rural Affairs. The government department gave out approximately three hundred and ten million pounds and the lucky councils were Suffolk County Council, Leeds City Council, the Barnsley, Doncaster and Rotherham Partnership and Bradford Metropolitan District Council.
The real intention behind giving out the money is to enable the fulfilment of the landfill directive targets in the United Kingdom by rerouting more than a million tonnes of waste from being sent to landfill sites.
Joan Ruddock the Environment minister said that though the projects were ambitious they were achievable and they would help in minimising waste, recycling and diverting of the waste from landfills. She added that PFI agreements were helpful in that they offered incentives to councils and industry to partner towards meeting the aims of cutting down on the harmful effects of waste on the environment.
All the four council waste projects to receive funding have the target of cutting down on the waste generated and increasing their recycling rate to about fifty per cent by the year 2020. Some of them are aiming at a recycling rate of sixty per cent.
A breakdown of the amounts that each waste project will receive reveals that Suffolk County Council will get the largest piece of the allocation with one hundred and two million pounds going to its waste project. Barnsley, Doncaster and Rotherham Partnership will get 77.4 million pounds while Bradford Metropolitan district council will get 62.1 million pounds and Leeds city council will get 68.6 million pounds.
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