The problem being addressed;
The world generates 2.01 billion tonnes of municipal solid waste annually and at least 33% of that is not managed in an environmentally safe manner. Global waste arising from electrical and electronic equipment alone increased from 33.8 to 49.8 tonnes between 2010 and 2018 yet incineration, upcycling, and other informal waste management techniques that result in adding to landfills are still widely applied.
To improve sustainable development in entrepreneurship, manufacturing companies can utilize and learn about other possible reducing, reusing, and recycling options for their waste.
Create an online platform for waste management that provides the following services:
a) E-market for buying and swapping industrial waste.
On the platform, manufacturing companies can buy or swap other companies’ would-be waste for reuse purposes.
b) A sustainability knowledge bank/village.
The platform shall enable companies that have already taken sustainable measures to share their knowledge on how to do it and even leave some tips so that all companies can do it
c) Sustainable practices transition support.
Provide consultation for sustainable business practices transition. This can be provided by companies that have already attained a significant degree of sustainable business practices.
i) Companies needing materials for manufacture may not need to use up raw materials and could instead source the same materials sustainably and at a cheaper rate.
ii) Large quantities of waste materials can be located together which decreases costs for sorting waste and sourcing raw materials.
iii) Our platform will allow both sellers and buyers to find each other conveniently and exchange knowledge, ideas, and waste product specifications.