The London Waste and Recycling Board (Lwarb) has approved a business plan for the next three years at its first meeting under new chair Dr Liz Goodwin.
Three programmes are designed to help the mayor of London move towards his resource efficiency goals of:
- A 65% household and business recycling rate by 2030
- Realising the economic value that reuse, repair, remanufacturing and materials innovation can bring to a circular economy (CE)
- London being a zero carbon city by 2050
The programmes, called Advance London, Circular London and Resource London, have a total budget of around £50m during the three years.
A ‘flats taskforce’, included in Resource London, will target people living in blocks of flats to help them recycle more. Lwarb is contributing £1m to the taskforce and is looking for partners to help fund the programme, which is due to start this summer.
A series of financial instruments has been launched aimed at accelerating the CE. These include a £3m an accelerator programme, a £14m venture capital fund and a £1.5m investment into a larger business development fund.
900 Liz Goodwin
Goodwin, until last summer the chief executive of WRAP, said she was determined to ensure Lwarb helped London be a global leader in sustainable resource management.
“This business plan describes the way in which Lwarb will support delivery against some challenging objectives through its pioneering programmes of work.
“We know that the plan and Lwarb will need to be flexible and adapt as the mayor’s policies develop, but the need for action is such that we have decided to publish this plan now.”