A £24 million funding package provided by the Mayor of London and the London Development Agency (LDA) will be used to support the development of waste and recycling infrastructure in London over the next four years.
The programme follows on from proposals set out in the Mayors draft business waste strategy and is intended to help increase recycling and composting targets in London. It also aims to prioritise the use of waste technologies such as anaerobic digestion, gasification and pyrolysis in preference to landfill and incineration.
This summer, Ken Livingstone plans to appoint a panel of waste, energy and financial experts to deliver waste and recycling facilities appropriate for London. Companies could be invited before the panel to bid for funding in the style of the BBC programme Dragons Den.
Livingstone said: There are real opportunities in London to develop technologies that treat waste as a resource, rather than relying on outdated waste disposal methods which contribute to climate change. Londons businesses and boroughs are currently choosing to bury and burn the capitals waste dumping it in the home counties while recycling rates lag behind the rest of the UK.
This funding package of £24 million from the LDA will accelerate the use of cleaner, greener recycling and treatment methods that are already being effectively used in Europe.
LDA chief executive Manny Lewis added: London is a thriving city that produces a vast amount of waste, particularly from the commercial and industrial sector. And as London continues to grow, so does its waste. It simply isnt viable to continue to send all that waste to landfill and were missing out on the possibilities waste has to offer as a resource.
Image: Ken Livingstone