Tuesday 24 June, Nusa Indah Hall, Bali-Indonesia.

The challenge is to promote a fundamental shift in emphasis from remedial measures to preventive measures such as reduction at source, reuse, recycling and recovery. This new emphasis nto only supports demands for a changing world, it is the most promising way forward to deal with hazardous and other wastes in an environmentally sound manner. It is also good for business. ( Basel Convention Ministerial Statement on Partnership for Meeting the Global Waste Challenge)

Existing waste management practices can provide effective mitigation of CHG emissions from this sector: a wide range of mature, environmentally-effective technologies are available to mitigate emissions and provide public health, environmental protection, and sustainable development co-benefits … waste minimization, recycling and re-use represent an important and increasing potential for indirect reduction of CHG emissions through the conservation of raw materials, improved energy and resource efficiency and fossil fuel avoidance. IIPCC Fourth Assessment Report, Report of Working Group-3)

This side event explores opportunities for Parties to the Basel Convention to strengthen the environmentally sound management of wastes while curbing greenhouse gas emissions and enhancing energy security, with the support of new and additional financial resource from existing financial institution and mechanisms, including the Clean Development Mechanism and Join Implementation mechanism under the UN Framework Convention on Climate Change, as well as other sources of carbon finance and foreign direct investment.

The Ministerial Statement on Partnership for Meeting the Global Waste Challenge, adopted by Ministers and heads of delegations at the seventh meeting of the Conference of Parties, emphasizes the need for a fundamental shift from remedial measures to preventive measures such as reduction at source, reuse, recycling and recovery. It calls for Parties and other States present to devote more efforts to, inter alia, “building sustainable partnership between Parties and all stakeholders” and “molizing new and additional financial resources, including by using existing multilateral financial institutions and mechanisms”.

One source of finance for enhanced waste management is the financial mechanisms established under the UN Climate Change Convention and its Kyoto Protocol. In decision VIII/34, paragraph 5, the Conference of the Parties to the Basel Convention encouraged individual developing country Parties and Parties with economies in transition which are also Parties to the Kyoto Protocol to prepare proposals under the Kyoto Protocol’s Clean Development Mechanism or Joint Implementation mechanism, which both contribute to climate protection and the environmentally sound management of wastes, particularly in reducing methane emissions from landfills.

Linkages between environmentally sound management of wastes, climate protection and the production of clean energy provide a major opportunity for Parties to the Basel Convention. According to the IPCC’s Second Assessment Report, waste management can reduce greenhouse gas emission and enhance energy conservation and production through a range of means including: (i) improvements in recycling and reuse to decrease energy consumption and the relase of greenhouse gasses in the extractive and manufacturing industries, (ii) increasing energy production and recovery from waste materials through gasification, incineration and other direct emissions into the atmosphere from the treatment of hosehold and other wastes: and (iv) enbanced transportation and handling of wastes to reduce energy consumption in the waste management process.

Building on the success of the Kyoto Protocol, a growing international financial market is available to support projects to reduce greenhouse gas emissions, transfer technoloty and improve environmental management in developing countries – including in the field of waste management. This event explores some of the main linkages between waste management, climate protection and  energy security, and opporunties for Basel Convention Parties, waste managers, businesses, civil society and other interested stakeholders to access a growing financial market for emissions reductions, clean technologies and clean energy to enhance the management of wastes. Key topics to be discussed at the event include:

  • What are the main linkages between waste management, climate protection and energy security?
  • What is the potential for enhanced material and waste management to contribute to climate protection and energy production?
  • What new and additional sources of financial and other support are available to the waste management sector?<
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  • How can partnerships help to mobilize additional resources and strengthen cooperation in this area?

Issues presented in its event include:

  • Evironmentally Sound Waste Management, Climate Change and Energy Security: Issues and Opportunities by Mr. Matthew Stilwell, Institute for Governance & Sustainable Development
  • Germany’s Experience on the Waste Sector’s Contribution to Climate Protection and Possible Potentials, by Dr. Andreas Jaron, Federal Ministry for the Environment, Nature Conservation and Nuclear Safety, Germany
  • Argentina’s national Assessment of Waste-Climate-Energy Linkages and Opportunities, bu Mr. Alberto Capra, Secretariat of Environment, Argentina
  • Contribution and Experience of the Un Climate Conventon’s Market-Based Mechanism in Supporting Waste Management, Mr. Takeo Hoshino, Green IT Minsitry of Economy, Trade and Industri, Japan
  • Enhanching Waste Management, Climate Protection and Energy Production: Perspectives from the Financial Sector, by Mr. James Cameroon, Climate Change Capital.

Welcome address and introduction of its side event presented by Dr. Katharina Kummer Peiry, Executive Secretary, Basel Convention. (sas)