Low-Carbon Decentralized Solutions For Waste Treatment

waste treatment facility

By Freepik

Back to Search
Low-Carbon Decentralized Solutions For Waste Treatment
Low-Carbon Decentralized Solutions For Waste Treatment
Select for Comparison
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Infrastructure
Waste Management
Business Model Description

Invest in B2B or B2G business models, providing technologies and services to waste management operators, facilities management companies, municipalities, and government agencies for waste treatment and/or sale of renewable energy generated from waste-to-energy systems, and/or sale of valuable by-products generated from the waste treatment process. Such businesses often adopt a 'price per tonne' model, offer a fixed fee for their services, or make directly sell the technology.

MEC ClearWaste developed a 'plug & play' waste treatment solution, the ClearWaste, that treats solid waste streams. ClearWaste does not use fuel or release harmful emissions, and is mobile and compact, enabling treatment at-source. The ClearWaste has been adopted by large municipalities in Mumbai, Chennai and Dhaka for MSW treatment, and locally with UEM Edgenta for Medical Waste treatment (44).

Green Lagoon Technology Sdn Bhd has developed a series of 'small footprint' modular systems that convert waste and wastewater (including industrial and agricultural wastewater) into biogas. They raised USD 200,000 funding to date as a result of a crowd-funding initiative in 2016, where the subscribers were given the opportunity to take up an equivalent of 6.52 per cent of the Company (45, 47).

Techkem Group offers modular water treatment technologies including the SANDFLOAT, a system with built-in wash-water recovery and sludge removal. A JV with AWC Bhd secured a sub-contract worth USD4.52 million to build a compact water treatment plant in Melaka. The JV generated USD93,225 in revenue in 2021. Subsidiary Techkem Utilities generates an average <USD 5 million in revenue (46, 48).

Expected Impact

Enhance management and recycling of waste, decrease landfill overloading, boost the circular and low-carbon economy, and reduce environmental pollution and public health risks.

How is this information gathered?
Updated: 18 Jun, 2023
Malaysia
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in ROI)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
> USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
USD 1 million - USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Life on Land (SDG 15) Responsible Consumption and Production (SDG 12) Sustainable Cities and Communities (SDG 11)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Industry, Innovation and Infrastructure (SDG 9) Life Below Water (SDG 14) Climate Action (SDG 13) Gender Equality (SDG 5)

Expand all

Print

Sector Sources
  • 1) Prime Minister’s Department of Economy, Economic Planning Unit. 2021. Twelfth Malaysia Plan (12MP) 2021-2025 : A Prosperous, Inclusive, Sustainable Malaysia. https://rmke12.epu.gov.my/en. 2) MOF. 2023. Fiscal Outlook Report: Federal Government Expenditure. https://budget.mof.gov.my/pdf/2022/revenue/section3.pdf. 3) MIDA. 2021. Waste to Energy for a Sustainable Future. https://www.mida.gov.my/waste-to-energy-for-a-sustainable-future/. 4) MIDA. Incentives for New investment. https://www.mida.gov.my/wp-content/uploads/2020/07/Chapter-2-Incentives-for-New-Investments.pdf. 5) Journal of Wastes and Biomass Management. 2019. Study on Waste Generation and Composition in Rapid Residential Development of Sub-urban area of Kuala Selangor District. https://jwbm.com.my/archives/1jwbm2019/1jwbm2019-01-05.pdf. 6) Era Suria Entrepreneurs. 2021. Towards a Circular Economy - Waste Management in Malaysia. https://rmke12.epu.gov.my/storage/fileUpload/2021/08/2021082959_dr_s_sri_umeswara.pdf. 7) Yatim. 2019. Study on Waste Generation and Composition in Rapid Residential Development of Sub-urban area of Kuala Selangor District https://jwbm.com.my/archives/1jwbm2019/1jwbm2019-01-05.pdf 8) Ministry of Energy, Green Technology and Water. 2017. Green Technology Master Plan 2017-2030. https://www.pmo.gov.my/wp-content/uploads/2019/07/Green-Technology-Master-Plan-Malaysia-2017-2030.pdf. 9) SSDU. 2020. Selangor SMART Action Plan 2025. https://www.smartselangor.com.my/wp-content/uploads/2020/09/SSAP-OFFICIAL-26Aug20.pdf. 10) Asian Development Bank Blog. Making Infrastructure Work for Women and Girls in Asia and the Pacific. https://blogs.adb.org/blog/making-infrastructure-work-women-and-girls-asia-and-pacific. 11) DOSM. Malaysia @ a Glance. https://www.dosm.gov.my/v1/index.php?r=column/cone&menu_id=dDM2enNvM09oTGtQemZPVzRTWENmZz09. 12) Abu Bakar, N. and Abdullah, N. 2007. Labour Force Participation in Malaysia, Bakar, LABOR FORCE PARTICIPATION OF WOMEN IN MALAYSIA. http://repo.uum.edu.my/id/eprint/2469/1/Nor%E2%80%99Aznin_Abu_Bakar.pdf. 13) MOF. 2023. Budget 2023. https://budget.mof.gov.my/manfaat/. 14) Edward Tuah, M. A., Tedong, P. A., & Md. Dali, M. 2022. THE CHALLENGES IN RURAL INFRASTRUCTURE PLANNING GOVERNANCE IN SARAWAK. PLANNING MALAYSIA. https://doi.org/10.21837/pm.v20i24.1214. 15) UNDP. 2021. Issue Brief: Advancing Gender Equality in Malaysia https://malaysia.un.org/en/123021-issue-brief-advancing-gender-equality-malaysia 16) Ngah, I. 2009. Rural Development in Malaysia. https://www.academia.edu/400316/Rural_Development_in_Malaysia 17) Prime Minister Office. 2016. National Solid Waste Management Policy. https://www.pmo.gov.my/2019/07/national-solid-waste-management-policy/. 18) Pariatamby, A. & Bhatti, M. S. 2020. Waste Management Challenges in Malaysia. https://doi.org/10.4018/978-1-7998-0198-6.ch008. 19) Department of Statistics Malaysia. 2023. Annual Economic Statistics 2022 Water Supply; Sewerage, Waste Management & Remediation Activities. https://www.dosm.gov.my/v1/index.php/index.php?r=column/cthemeByCat&cat=469&bul_id=RVAxVkxqUVI5WGJSRHdWM1N3Rjk3dz09&menu_id=NWVEZGhEVlNMeitaMHNzK2htRU05dz09. 20) MIDA. 2023. The Preffered Approach for Waste Management in Malaysia. https://www.mida.gov.my/waste-to-energy-wte-the-preferred-approach-for-waste-management-in-malaysia/. 43) MIDA. 2021. Waste to Energy for a Sustainable Future. https://www.mida.gov.my/waste-to-energy-for-a-sustainable-future/.
IOA Sources
  • 21) Stakeholder Consultation on April 3, 2023 22) MIDA. Sustainable Waste Management: challenges and opportunities. https://www.mida.gov.my/sustainable-waste-management-in-malaysia-opportunities-and-challenges/. 23) MGTC. 2022. Green Investment Tax Allowance (GITA) & Green Income Tax Exemption (GITE). https://www.mgtc.gov.my/what-we-do/green-incentives/green-investment-tax-incentives-gita-gite/. 24) Prime Minister's Office. 2016. National Urbanization Policy. https://www.pmo.gov.my/2019/07/national-urbanization-policy-2/. 25) Department of Statistics Malaysia. 2023. Annual Economic Statistics Subsector Water Supply, Sewerage, Waste Management and Remediation Activities. https://www.dosm.gov.my/portal-main/release-content/3f64779d-8ba9-11ed-96a6-1866daa77ef9#:~:text=3%20billion%20(2020%3A%20RM9. 26) Ministry of Foreign Affairs of the Netherlands. 2021. Circular Economy Opportunities in Malaysia. https://www.rvo.nl/sites/default/files/2022/03/Malaysia%20Booster%20Programme.pdf. 27) Heinrich Boll Stifung, Southeast Asia. 2022. The plastic Crisis Must Be on the Feminist Agenda. https://th.boell.org/en/2022/03/18/plastic-crisis-must-be-feminist-agenda. 28) Ministry of Women, Family and Community Development. 2021. Statistics on Women, Family and Community. https://www.kpwkm.gov.my/kpwkm/uploads/files/Penerbitan/Buku%20Perangkaan/e-book%E2%80%A2KPWKM%202020-2021%20291122.pdf.r=column/cthemeByCat&cat=509&bul_id=ZFRzTG9ubTkveFR4YUY2OXdNNk1GZz09&menu_id=L0pheU43NWJwRWVSZklWdzQ4TlhUUT09. 29) WHO. 2018. Health-care waste. https://www.who.int/news-room/fact-sheets/detail/health-care-waste#:~:text=Health%20risks,health%20facilities%20into%20the%20environment. 30) WOIMA. Decentralized Waste Management and Power Generation. https://woimacorporation.com/decentralized-waste-to-value/#:~:text=Decentralized%20waste%20management%20and%20power%20generation&text=Decentralizing%20the%20waste%2Dto%2Dvalue,due%20to%20shorter%20transportation%20distances. 31) Y.H. Chin and H.N.A. Yong. 2019. Barriers and critical success factors towards sustainable hazardous waste management in electronic industries – A review. https://iopscience.iop.org/article/10.1088/1757-899X/669/1/012029/pdf. 32) Mohd Faiz Ibrahim, et al. 2021. The Impacts of Illegal Toxic Waste Dumping on Children’s Health: A Review and Case Study from Pasir Gudang, Malaysia. https://www.mdpi.com/1660-4601/18/5/2221. 33) Nor Faiza M.T., Noor Artika H. and Yusof M.Z.. 2019. Health Care Waste Management and Sustainable Development Goals in Malaysia. https://jwbm.com.my/archives/1jwbm2019/1jwbm2019-18-20.pdf. 34) UN Department of Economic and Social Affairs. 2022. SDG Indicators Database. https://unstats.un.org/sdgs/dataportal/database. 35) Economic Planning Unit (EPU). 2021. Malaysia Voluntary National Review (VNR) 2021. https://www.epu.gov.my/sites/default/files/2021-07/Malaysia_Voluntary_National_Review_%28VNR%29_2021.pdf. 36) MIDA. 2023. The Preffered Approach for Waste Management in Malaysia. https://www.mida.gov.my/waste-to-energy-wte-the-preferred-approach-for-waste-management-in-malaysia/. 37) Government of Malaysia. 1974. Law of Malaysia, Act 127, Environment Quality Act 1974. https://www.env.go.jp/en/recycle/asian_net/Country_Information/Law_N_Regulation/Malaysia/Malaysia_mal13278.pdf. 38) Federal Subsidiary Legislation. 1974. Environment Quality Act 1074, P.U.(A). 140/89, Environmental Quality (Prescribed Premises) (Scheduled Waste Treatment and Disposal Facilities) Order 1989. https://ewaste.doe.gov.my/wp-content/uploads/2020/12/Environmental-Quality-Prescribed-Premises-Scheduled-Wastes-Treatment-And-Disposal-Facilities-Order-1989-P.U.A-140-89.pdf. 39) Government of Malaysia. 2007. Law of Malaysia, Act 672, Solid Waste Management and Public Cleansing 2007. http://rehdainstitute.com/wp-content/uploads/2016/05/Solid-Waste-and-Public-Cleansing-Management-Act-2007.pdf. 40) Minister of Natural Resources and the Environment. 2005. Environment Quality Act 1974, Environment Quality Schedule Waste Regulations 2005, Arrangement of Regulation. https://www.env.go.jp/en/recycle/asian_net/Country_Information/Law_N_Regulation/Malaysia/Malaysia%20EQA%20Scheduled%20Waste%202005.pdf. 41) New Straits Times. 2022. New sustainability commitments an opportunity to uplift Malaysia's informal sector. https://www.nst.com.my/opinion/columnists/2022/11/849477/new-sustainability-commitments-opportunity-uplift-malaysias. 42) Government of Malaysia. 2022. Malaysia's Update of its Nationally Determined Contribution. https://unfccc.int/sites/default/files/NDC/2022-06/Malaysia%20NDC%20Updated%20Submission%20to%20UNFCCC%20July%202021%20final.pdf. 44) MEC ClearWaste. 2023. Stakeholder Consultations. https://mec-clearwaste.com/ 45) Green Lagoon Technologies. 2023. Investor Relations. https://glt.my/investor-relations/ 46) Techkem Group. 2021. Annual Report. https://techkem.com.my/ ; file:///C:/Users/user/Downloads/AWC%20AR%202021.pdf ; 47) Crunchbase. 2023. Green Lagoon Technologies. https://www.crunchbase.com/organization/green-lagoon/company_financials 48) Zoominfo. 2023. Techkem Utilities Sdn Bhd. https://www.zoominfo.com/c/techkem-utilities-sdn/547245003 49) MIDA. 2020. Incentives for New Investment. https://www.mida.gov.my/wp-content/uploads/2020/07/Chapter-2-Incentives-for-New-Investments.pdf 50) Government of Malaysia. Industry 4WRD Policy. 2018. https://www.miti.gov.my/index.php/pages/view/4832 51) Government of Malaysia. Economic & Fiscal Outlook and Federal Government Revenue Estimates 2023. 2023. https://budget.mof.gov.my/pdf/belanjawan2023/ekonomi-fiskal/EUFORE2023_270223.pdf