our work in this sector
Waste generation has increased massively around the world in recent decades, and there are no signs of it slowing down. By 2050, worldwide municipal solid waste generation is expected to have increased by roughly 70 percent to 3.4 billion metric tons.
What happens to this waste varies greatly from country to country, but we know that the rates of collection, recycling and landfill disposal are very low in developing countries.
However, we also know that there are millions of informal waste workers in the world, many of whom remove waste from the environment and sell it to recycling services to provide themselves for a small income.
BVRio creates market mechanisms which deliver social benefit for informal waste workers, while also addressing the global problem of a take–make-dispose linear economy.
Products and Services
We seek to create market mechanisms to increase economic efficiency and address market failures, and to support the use of market-based approaches to create liquidity to the mechanisms created.
Impact
Our vision is to deliver positive impacts for the economy, environment and people through the work that we do.
Current Initiatives
Plastic Reboot
Expert consultancy supporting the implementation of circular solutions in Brazil’s hospitality sector, engaging businesses and finance to reduce single-use plastics and enable scalable, system-level change.
Expanding impact in Rio de Janeiro Waste Cooperatives
The project encourages higher levels of recycling in the city through collaboration with nine waste cooperatives using the KOLEKT waste app, involving more than 300 informal waste workers.
Supporting ‘cooperate to recycle’ in Rio de Janeiro
Over the next three years, BVRio will support the waste cooperative, ‘Coopama’, to implement an investment of $4 million Brazilian Reais to collect and sort recyclable solid waste from multiple facilities owned by the project’s funder. The overarching objective is to further develop the cooperative’s operations, raising their profile and financially benefiting its workers.
Fishing for Litter
Providing social and environmental benefit, the ‘fishing for litter’ initiative funds fishing communities to remove waste from fishing grounds and coastlines using cutting-edge technology mixed with traditional methods. The catch is registered and monitored through BVRio’s KOLEKT app.
Partnerships, Participation and Recognition
Funders of our work in this area
PREVIOUS INITIATIVES IN THIS AREA
Since 2012 BVRio has developed market mechanisms, products and initiatives in this area, contributed to public policy and been a advocate and delivery partner to others.