Global Consumption and Waste Projections

Global Consumption and Waste Projections

This article summarizes three reports, McKinsey Global Institute Report, The World Bank Report and The Economist, on the global consumer and waste conditions and why Green Fire Engineered Reclamation is pursuing Landfill Mining. We are the only Engineering company in the world that can do what we do, reclaim the lost value that we have wasted.

We estimate that between 2% and 5% of the consumer consumption growth in dollars is the cost in waste and that is just to store it in a landfill, mostly likely an open landfill.

1% of the population of the major cities pointed to in these reports are the people that live on landfill and half of those are Children of the Landfill.

Links to the full reports are in the resource list at the end of this article and you should read through them to get the full picture.

Summaries of reports:

Global urban consumption is expected to grow by $23 trillion between 2015 and 2030 at an annual growth rate of 3.6%1. These are the projections made by McKinsey Global Institute’s new report Urban World: The Global Consumers to Watch.

The report is based on the research that as world population growth slows, global consumption growth (the demand that fuels the world’s economic expansion), will depend heavily on how much each individual spends.

Knowing which consumers are likely to be spending robustly, where they are, and what products and services they prefer to buy becomes even more important for companies, policy makers and investors.

Until the turn of the century, more than half of global consumption growth came from an expanding number of consumers in the world. However, in the period to 2030, population increase will generate only 25% of global consumption growth with the rest coming from rising per capita consumption.

By 2030, consumers in large cities will account for 81% of global consumption and generate 91% of global consumption growth from 2015 to 2030.


 

World Bank Report 2

The amount of garbage humans throw away is rising fast and won't peak this century without transformational changes in how we use and reuse materials, write former World Bank urban development specialist Dan Hoornweg and two colleagues.

Hoornweg and co-author Perinaz Bhada-Tata expanded on their work from the 2012 World Bank report What a Waste: A Global Review of Solid Waste Management to estimate the trajectory of solid waste growth globally and to determine when it might peak.

In the earlier report, they warned that global solid waste generation was on pace to increase 70 percent by 2025, rising from more than 3.5 million tonnes per day in 2010 to more than 6 million tonnes per day by 2025. The waste from cities alone is already enough to fill a line of trash trucks 5,000 kilometers long every day. The global cost of dealing with all that trash is rising too: from $205 billion a year in 2010 to $375 billion by 2025, with the sharpest cost increases in developing countries.

As a nation, Americans generate more waste than any other nation in the world with 4.5 pounds (2.04 kg) of municipal solid waste (MSW) per person per day, fifty five percent of which is contributed as residential garbage.

The waste generated by developing countries is about half of the US, about 2.6 pounds (1.2 kg) of municipal solid waste (MSW) per person per day.

forecast that if business continues as usual, solid waste generation rates will more than triple from today to exceed 11 million tonnes per day by 2100.

The planet is already straining from the impacts of today’s waste and we are on a path to more than triple quantities," the authors write. "Through a move towards stable or declining populations, denser and better-managed cities consuming fewer resources, and greater equity and use of technology, we can bring peak waste forward and down. The environmental, economic and social benefits would be enormous.

A global comparison of garbage 3

NOTHING evokes environmental degradation and poverty quite so vividly as pictures of slum-dwelling children scavenging through mounds of steaming waste for items to sell. Such sights are often a direct consequence of economic success and rapid urbanisation, and so could become increasingly common as the rate of urbanisation in many poor countries increases.

Nearly all rubbish is generated by city-dwellers, and in a new report on municipal solid waste (MSW), the World Bank warns of the potential costs of dealing with an ever-growing deluge of garbage.

The world's cities currently generate around 1.3 billion tonnes of MSW a year, or 1.2kg per city-dweller per day, nearly half of which comes from OECD countries. That is predicted to rise to 2.2 billion tonnes by 2025, or 1.4kg per person.

The Bank estimates China's urbanites will throw away 1.4 billion tonnes in 2025, up from 520m tonnes today. By contrast, America's urban rubbish pile will increase from 620m tonnes to 700m tonnes.
 

 

Resources

1 http://www.livemint.com/Politics/trxAKWKiA16dorfG0rZjNL/Urban-consumption-to-grow-by-23-trillion-says-McKinsey-rep.html

2.http://www.worldbank.org/en/news/feature/2013/10/30/global-waste-on-pace-to-triple

3. http://www.economist.com/blogs/graphicdetail/2012/06/daily-chart-3

Note: Just in case you may have missed any of my previous blog posts, I post here on one of my active projects. It is a new social network for entrepreneurs, completely free, and very unique. It could be a great thing for your business. It is called MarketHive. Just click —-> HERE <—- to find out more.

If you are interested in participating in this effort to lift these children to inspiration, please join me in the Markethive group “Green Fire”. It is from here that we will start a crowd funding campaign to aid Green Fire in its mission – The Children of the Landfill.

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