Waste sector ‘stands ready’ to invest £10bn

The waste sector has said it will invest £10bn over the next 10 years into infrastructure, provided the government can deliver “long-term underpinning stability” through its latest plans to overhaul the system.

Waste trade body the Environmental Services Association (ESA) wrote an open letter to the environment secretary Michael Gove yesterday claiming the industry is ready to invest as long as the policy that comes out of the consultation process is “investment grade”.

The government’s recent consultations on producer responsibility for packaging, consistent collections, a plastics packaging tax, and a deposit return scheme closed earlier this month. They are a product of DEFRA’s waste and resources strategy published in December, which aims to overhaul the waste system and boost flagging recycling rates.

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