BEEAH, ISWA & Roland Berger unite to develop Voluntary Recycling Credits platform

  • Date: 02-Jun-2023
  • Source: GCC Business News
  • Sector:Real Estate
  • Country:UAE
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BEEAH, ISWA & Roland Berger unite to develop Voluntary Recycling Credits platform

BEEAH Group, the sustainability pioneer and digital expert in the Middle East and North Africa (MENA) region, 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 Mr. Firas Wahbeh, Chief Marketing Officer, BEEAH Group, Mr. Carlos RV Silva, President, ISWA, and Mr. 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 Mr. Rahma Alshamsi, Lead – Hard-to-Abate, Energy Transition Team, COP28 Committee, UAE Climate Envoy.

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 using blockchain technology, the platform aims to facilitate collaboration between jurisdictions and enable transparency across the waste management value chain.

The dedicated marketplace, to be revealed during the upcoming 28th United Nations