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Defra awards nearly £320m in Private Finance Initiative waste credits

More than £300 in million private finance initiative credits for waste projects was awarded to three UK councils today by the Department for Environment Food and Rural Affairs.

Hertfordshire County Council received the highest sum of £115.3m, which it will use to divert 170,000 tonnes of biodegradable municipal waste a year.

The figure of £112.9m was given to the South London Waste Partnership to divert 102,600 tonnes of BMW a year. The partnership is made up of four unitary authorities Croydon, Kingston-upon-Thames, Merton, and Sutton.

Norfolk County Council received £91m, which it will use to divert up to 70,000 tonnes of BMW from landfill per annum by 2020.

All three authorities are aiming for a minimum recycling and composting rate of 50 per cent by 2020. Tender invitations will be advertised in the Official Journal of the European Union over the next month. The climate change impacts of the proposed technologies will be assessed during the procurement process.

Environment Minister Jane Kennedy said: "Reducing our reliance on landfill is an essential part of the drive to tackle climate change and I welcome the ambitious commitment made by these partnerships.

"This will create a real incentive for the local authorities and industry to work together to reduce waste as well as reducing the environmental impact of landfill."

To date, including these recent projects, over £2.4 billion has been committed to 36 waste PFI projects, and there are an additional eight projects still in the application process.


 

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