Which bank does Ningbo cooperate with to classify domestic waste?

Ningbo cooperates with the World Bank to carry out domestic waste classification.

The loan of $654.38+0.5 billion approved by the World Bank to Ningbo is mainly used for the landing of various intelligent recycling bins. The Executive Board of the World Bank approved the loan of $430 million to the plastic waste reduction project in China to help China strengthen the control of plastic waste at the national and local levels and reduce the plastic pollution caused by domestic waste.

Ningbo cooperates with the World Bank to carry out domestic waste classification;

It is estimated that13.2 million urban and rural residents will directly benefit from the improvement of domestic waste service, the reduction of plastic waste pollution and a cleaner living environment in the two cities covered by the project. China plastic waste emission reduction project-Ningbo municipal solid waste intelligent classified collection and recycling demonstration project is referred to as Ningbo World Bank Phase II for short.

The project was successfully negotiated in the Beijing representative office of the World Bank from May 13 to May 14 this year. The project combines technical advantages such as intelligent management and blockchain bookkeeping. Guide the users of waste sorting in the previous stage, conduct big data analysis and intelligent management of waste recycling process, and realize controllable management, cost optimization and data analysis of clean recycling of domestic waste sorting end and recycling end.

This also indicates that Ningbo is about to enter the era of intelligent management of garbage classification. As the first plastic emission reduction project in China, Ningbo World Bank Phase II project has specially added other low-value plastic categories to recyclable materials to recycle daily low-value plastic packaging bags and plastic films. The project will build a centralized plastic waste sorting and deep processing base with a total production capacity of 40,000 tons/year.