Waste Recycling and Climate Change 2025

Why in News?

Union Minister Shri Bhupender Yadav inaugurated a day-long conference- 'Waste Recycling and Climate Change 2025'.

Key Points:

• The event was organized by the Recycling and Environment Industries Association of India (REIAI).
• The amount of plastic, electronic and hazardous waste is increasing rapidly.
  • Around 62 million tonnes of waste is generated in India every year.
• Main objectives of the programme:
  • Encourage redesign of products
  • Invest in advanced recycling technologies
  • Strengthen supply chain collaboration
  • Increase consumer awareness and bring about behaviour change
• Potential in India's circular economy:
  • India's circular economy is expected to have a market value of $2 trillion by 2050 and create 10 million jobs.

Circular Economy:

• It is an economic model that focuses on optimal use, reuse and recycling of resources instead of the traditional process of 'Take, Make, Dispose'.
• Its objective is to prevent the wastage of natural resources and reduce the negative impact on the environment.

Recycling and Environment Industries Association of India (REIAI):

• It is a leading organization actively engaged in the field of waste management, recycling and environmental protection.
• Its objective is to promote innovation and sustainability in line with India's zero waste goal, so that both environmental protection and economic development can be achieved.
• Major activities of REIAI:
  • Providing a platform for industry, startups and environmental experts
  • Through this platform they can share the latest progress.
  • Can discuss to achieve sustainability in the plastic industry.
  • Promote plastic waste recycling
  • Work on sustainable alternatives such as biodegradable and compostable plastics.
  • Contribute to the development of advanced recycling technologies.