By 2050, half the world’s population will live in Asia and the Pacific. Each year, Asian cities’ total population increases by as many as 44 million people. In their wake are millions of tons of solid waste.

The People’s Republic of China alone produces almost 150 million tons of waste every year, with the figure rising 8% to10% annually. India generates about 133,760 tons of solid waste per day, of which some 91,000 tons are collected and only around 26,000 tons treated.

Economist Farhad Taghizadeh-Hesary of Waseda University in Tokyo sums up the problem and the solution.

Read the transcript

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Read the post on ADBI’s blog

https://www.asiapathways-adbi.org/2018/06/sustainable-funding-schemes-for-the-development-of-waste-management-projects-in-asia/

About the authors

Naoyuki Yoshino is the dean of the Asian Development Bank Institute and professor emeritus at Keio University, Tokyo. Farhad Taghizadeh-Hesary is an assistant professor of economics, Waseda University, Tokyo.

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