A waste sorting machinery technology of Waste4Change will be operated in RPM Bekasi and is claimed to diminish trash residue from 65% to 10%.
Heaptalk, Jakarta — Indonesia’s waste management startup Waste4Change has magnified an integrated waste sorting machinery technology for monitoring and recording waste processing flow. This technology is a part of Waste4Change’s startup efforts to manage the latest investment from AC Ventures and Barito Mitra Investama last year.
The startup will operate the technology in the Material Recovery House (RPM), Bekasi. By building the waste sorting machine, the Waste4Change startup claimed the technology could reduce waste residues from 65% to 10%, as the waste management of RPM Bekasi continues to climb from 18 tons to 22 tons in a day.
“We strongly support a more responsible waste management implementation driven by green investment to accompany more optimal waste in Bekasi City, including running 500 tons of garbage to recycled facilities. For this reason, we welcome green investment and a suitable funding scheme to support the realization of a clean city,” voiced Expert Staff of the Mayor of Bekasi in Development Economics, Reny Hendrawati.
Green investment in the waste sector is needed to contribute to waste management in the country through digital infrastructure. Refers to the Global Sustainable Investment Alliance (GSIA) survey in 2021, a green investment asset in a developing country has a growth potential of up to US$30.7 trillion.
To achieve the forecast, the NPAP report reveals this sector needs a total capital investment of US$18 billion in the technology and services field worth US$22 billion from 2017 to 2040 to overcome challenges in switching business-as-usual practices toward changing system scenario, to achieve waste management and recycling effectively.
In this case, multiple investor parties entrusted this waste management startup to invest in the RPM, expecting to enhance the selection process and quantity of recycled materials.
Cooperating with many stakeholders
Waste4Change startup has signed a Memorandum of Understanding (MoU) with seven well-known companies to achieve fantastic waste management in the country, with the estimated cooperation value worth US$16.1 million (Rp250 billion).
The companies cover Samudera Indonesia, PT Freepoint Commodities, PT Alam Bersih Indonesia, PT Indocement, PT Sinar Mas Land, Basra Corporation, and rePurpose Global. The fund will increase the waste management quantity and quality in diverse areas.
“Handling waste problems needs collaboration and contribution from all parties. We look forward to handling the upstream and downstream waste in collaboration with our partners. Also, we unlock the potential for green investment by reforming the waste industry in Indonesia. I expect the company would continue to grow and become the proper partner to develop green investment in the waste industry,” affirmed the CEO and Founder of Waste4Change, Mohamad Bijaksana Junerosano.
