INVESTING IN MUNICIPAL WASTE MANAGEMENT

The United Nations Capital Development Fund (UNCDF), in partnership with the International Municipal Investment Fund (IMIF) and other local capital financing programs, utilizes a range of blended finance models to support local government investments in the Sustainable Development Goals set forth by the United Nations. As communities in developing countries face rapid urbanization, population growth, and increasing volumes of household waste, UNCDF is exploring Municipal Solid Waste Management (MSWM) as an area for future investment. UNCDF tasked a team with devising a comprehensive investment appraisal framework for the organization to use to assess future UNCDF waste management projects. The team designed an assessment tool that included considerations for financial, economic, environmental, and social dimensions of MSWM projects. To illustrate the use of the tool, the team applied its model to a current UNCDF MSWM project in Guinea, and presented its findings to the UNCDF headquarters in New York.