Turning waste into profit – A new global trend is emerging

Cologne The World Bank calculated in 2018 that people leave behind two billion tons of garbage worldwide every year. And by 2050 the mountain is likely to grow to 3.4 billion tons.

“Even if these figures give food for thought, there is good news to report,” says Cologne-based asset manager Markus C. Zschaber. “Around a third of the waste was recycled. Recycling is economically important.”

In view of the enormous amounts of waste and limited resources, the topic of recycling comes into the limelight. This also makes increasing economic sense, as more and more countries are allowing companies and consumers to share in the negative costs of consumption. The EU Commission’s Circular Economy Action Plan from 2020, for example, points in this direction.

The use and recycling of waste is a topic “that investors should be interested in,” says Zschaber. The industry promises high growth rates, because the entire world population belongs to the customers.

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