BEEAH, ISWA and Roland Berger partner to develop first certified global standard for recycling credits

  • Date: 02-Jun-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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BEEAH, ISWA and Roland Berger partner to develop first certified global standard for recycling credits

Using the blockchain, the new standard will authenticate and incentivise recycling activity globally, enabling organisations to receive recycling credits and meet sustainability targets

Dubai, United Arab Emirates

Following a landmark signing during the United Nations Environment Program's Second Session of the Intergovernmental Negotiating Committee on Plastic Pollution (INC-2) in Paris, BEEAH Group, the International Solid Waste Association (ISWA), and the management consultancy Roland Berger have entered a Memorandum of Understanding (MoU) to collaborate on a ground-breaking global standard for waste recycling that has been endorsed by the UAE Ministry of Climate Change and Environment (MoCCaE). The MoU was signed by Firas Wahbeh, Chief Marketing Officer, BEEAH Group, Carlos RV Silva, President, ISWA, and Hani Tohme, Managing Partner at Roland Berger Dubai. The signing took place in the presence of His Excellency Essa Abdulrahman Al Hashmi, Assistant Undersecretary, Sustainable Communities Sector, UAE Ministry of Climate Change and Environment, and Rahma Alshamsi, Lead - Hard-to-Abate, Energy Transition Team, COP28 Committee, UAE Climate Envoy.

BEEAH Group

The platform will create a global market-based incentive scheme and standard measure for recycling recognition and rewards, which will bridge the gap between the global sustainability agenda and the private sector and push the transition towards a global circular economy. Developed