The Russian Federation and ASEAN will build a closed-cycle economy according to the principles of ESG

27 october 2022

In total, 133 investment projects will be implemented on the basis of public-private partnership, said the head of the REO Denis Butsaev

The Russian Environmental Operator (REO) will cooperate with the Association of Southeast Asian Nations (ASEAN) in the waste recycling industry and building a closed-loop economy. This was reported on Thursday by the press service of the Russia - ASEAN Business Council after the signing of an agreement between the head of the REO Denis Butsaev and the chairman of the Council Ivan Polyakov.
"Our task is to synchronize. Over the past four years, the waste management industry has been greatly transformed: the problems of illegal landfills are being solved, the volumes of waste exported to landfills are being reduced. In 2022, concession agreements will be concluded for the creation and reconstruction of 65 facilities in 31 regions of the country for a total amount of 166 billion rubles. In 2023, agreements will be signed for 49 facilities in 27 regions of the country in the amount of 145 billion rubles, and in 2024, an additional 19 projects will start in 10 regions of the country in the amount of 57 billion rubles. There are a total of 133 investment projects based on public-private partnership. Thanks to the commissioning of all these facilities, the country will have capacities for the disposal of 9.5 million tons of waste, as well as for the processing of 25.8 million tons. In this sense, our experience is invaluable for colleagues from ASEAN countries," said Denis Butsaev, the head of the REO, whose words are quoted in the message.
In addition, the development of an electronic model of the federal waste management scheme can provide an interesting experience. The system will allow you to conclude contracts, submit applications for waste removal in real time, and exchange electronic documents. Russia also has broad competencies in the development of infrastructure projects in terms of waste management, including those of sustainable interest to partners from Southeast Asia. Scientific, technological and investment cooperation are highlighted as the main areas of joint work.
According to Polyakov, Russia and the ASEAN countries intend to cooperate in order to ensure environmental sustainability and security, taking into account the principles of ESG. It is planned to identify innovative technologies and equipment in demand, implement joint research and applied projects, implement highly specialized training programs with the participation of intellectual partners represented by leading universities in Russia and ASEAN.