Private Sector, Climate Finance
October 24, 2007
The World Bank, Daniel Hoornweg, Natalie Giannelli
This note states that Latin America's urban population has grown, and its solid waste has increased at an even faster pace. Today the region's urban areas generate about 369,000 tons a day of solid waste. Ensuring that the waste is collected and disposed of properly will require strengthening the strategic role of municipalities. The private sector already plays a big part in waste collection. But private providers could do more in waste disposal and management, helping to improve service in close coordination with local authorities. Given the methane gas currently released from landfills, carbon finance is another potential driver of management improvements.