Don't Waste The Waste
A NIDISI achieves this change of mindset with its Revalue project by giving value to the worthless and reintegrating plastic into the value chain. In this way, plastic waste is perceived as a resource and not as waste. The Revalue Project is committed to the sustainability claim of contributing against the environmentally harmful plastic, to improve the living conditions of the people affected and to advocate for socially acceptable work. We are working towards the Sustainable Development Goals 8, 9, 12 and 17 of the United Nations.
The inadequate recycling and disposal options for plastic waste pose an ecological challenge to Nepal. Garbage dumps are overcrowded. The garbage is disposed in nature or burned.
We are creating a recycling infrastructure for Nepal. Modular recycling-centers and street construction with plastic waste must be the solution.
Our vision is that of a plastic-free environment and nature. In the medium term we are aiming for a recycling rate of 70% from PET, PE and PP in Nepal, later a general recycling rate of 80% in Nepal.
What happened so far?
The conceptualization of the project has been completed. A finished business model has been developed that ensures that the projects are retained on site. A study on available plastic resources in the four destinations is available. We are currently conducting discussions with machines suppliers, and the first delivery date is set for October 2021. Thanks to our wide network of partners as well as our generous donors, we have already been able to cover 50 percent of the investment needed. Therefore, we are now continuing fundraising to be able to raise the second half as well. We are permanently in contact with potential partners in Nepal and Europe in order to expand our project radius and achieve the greatest possible impact.
Plastic Credits as Leverage
By using plastic credits, we can make recycling in Nepal economical viable and at the same time cover administrative costs. Plastic credits act as a kind of currency. NIDISI generates credits with every ton of plastic recycled in Nepal. These plastic credits are sold to companies in the global north, who credibly aim to reduce their plastic consumption and want to compensate the remaining part as well.
The verification with the plastic credit certifier Verra is planned for February 2022.
The revenue of the plastic credits is partly used to cover the costs of the centers and the remaining part is intended to support recyclers in Nepal for further investments in the recycling sector. Thereby, the recyclers earn on top of their existing revenue, an additional revenue stream from the global north. Once the initial investments have been made in Nepal, no money is needed from abroad to ensure the installation maintenance. This self-sustaining system creates a self-reinforcing upward spiral for the Nepalese waste sector.
Our next steps
We are in the pilot phase of the project. Step by step we are approaching the establishment of the first recycling centers and thus the establishment of a recycling infrastructure in Nepal.
In the long run, we are planning additional projects, such as the integration of non-recyclable plastic as a bitumen replacement in road construction. Together with the Frauenhofer Institute and some universities, we have developed an innovative process which takes road construction to a new level. Pilot roads are already in the construction phase.
The inadequate recycling and disposal options pose a challenge for the entire globe. It’s no longer a local issue! Only together can we take action against the environmental damage caused by plastic waste. Nobody wants more plastic than fish to swim in the ocean soon. Take responsibility and show that humanity can do better! We look forward to your cooperation.