Green Sukuk-Based Project on Sustainable Waste Management in Indonesia

Abstract. Green Sukuk-Based Project on Sustainable Waste Management in Indonesia. Most of the problems that occur in waste management are related to financing. This study proposes Green Sukuk to be used by the government as a diversification of funding for municipal waste management. This paper argues that Green Sukuk can potentially be an Islamic finance instrument for financing municipal substantial waste management project carried out by the Ministry of Environment and Forestry. Further, there will be costs and benefits obtained by the government as the implications of this financing. Hence, this paper attempts to find the best alternative of Sukuk strategy to be implemented in the financing of municipal waste management using Analytic Network Process (ANP) with a network of Benefit, Opportunity, Cost, Risk (BOCR) analysis. Keywords: Sustainable waste management; Green Sukuk; ANP-BOCR Abstrak. Proyek Berbasis Sukuk Hijau untuk Pengelolaan Sampah Berkelanjutan di Indonesia. Sebagian besar masalah yang terjadi dalam pengelolaan limbah adalah pembiayaan. Oleh karena itu, untuk mengatasi masalah ini, pemerintah dapat menggunakan Sukuk hijau sebagai diversifikasi pendanaan untuk pengelolaan limbah kota. Penelitian ini menunjukkan bahwa Sukuk Hijau berpotensi menjadi instrumen keuangan Islam untuk membiayai proyek pengelolaan limbah padat kota yang dilakukan oleh Kementerian Lingkungan Hidup dan Kehutanan. Lebih lanjut, pemerintah memiliki potensi dan peluang untuk mengimplementasikan sistem pembiayaan ini; namun juga menghadapi potensi beban dan kerugian sebagai implikasi dari pembiayaan ini. Oleh karena itu, penelitian ini berupaya menemukan strategi alternatif berupa produk Sukuk terbaik untuk diimplementasikan dalam pembiayaan pengelolaan limbah kota, dengan menggunakan Analytic Network Process (ANP) dan jaringan Analisis Manfaat, Peluang, Biaya, Risiko (BOCR). Kata kunci: Pengelolaan limbah berkelanjutan; Sukuk hijau; ANP-BOCR

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Not In My Backyard: The impact of waste disposal sites on communities in Jordan

10.21201/2021.7734 ◽

2021 ◽

Author(s):

Raya Taher ◽

Farah Abu Safe ◽

Jean-Patrick Perrin

Keyword(s):

Public Health ◽

Waste Management ◽

Waste Disposal ◽

Municipal Waste ◽

Long Term Effects ◽

Sustainable Waste Management ◽

Management Scheme ◽

The Government ◽

The Impact

Waste disposal sites across Jordan pose serious risks to the environment and to public health if not managed safely. Municipal waste decomposing in open landfills also takes an environmental and socio-economic toll on neighbouring communities. While the Government of Jordan is planning to reduce the number of operational landfills and improve waste management services, persistent issues associated with unsustainable waste practices and their associated effects on the wellbeing of surrounding communities and the environment need to be addressed. Guaranteeing a sustainable waste management scheme for communities in Jordan should include increased consideration of the long-term effects that waste disposal sites have on neighbouring communities.

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Situation, Challenges, and Solutions of Policy Implementation on Municipal Waste Management in Vietnam toward Sustainability

Sustainability ◽

10.3390/su13063517 ◽

2021 ◽

Vol 13 (6) ◽

pp. 3517

Author(s):

Lien Thi Kim Trinh ◽

Allen H. Hu ◽

Song Toan Pham Phu

Keyword(s):

Waste Management ◽

Policy Implementation ◽

Municipal Solid Waste ◽

Solid Waste ◽

Solid Waste Management ◽

Municipal Waste ◽

Management Policy ◽

Municipal Solid Waste Management ◽

Municipal Waste Management ◽

Waste Management Policy

Municipal solid waste management is an environmental issue that has received considerable attention from researchers and environmental managers for decades. Supporting the management programs entail policies and regulations related to municipal solid waste. In developed countries, the implementation of environmental policies plays an important role and has a substantial impact on the effectiveness of solid waste management. However, in many developing countries such as Vietnam, the situation and effectiveness of the policy implementation have not been studied extensively. This investigation is conducted to ascertain the situation, limitations, and challenges in implementing solid waste management policy in Vietnam. Then, solutions for the problems and improvements for implementation efficiency are presented. This work used online questionnaires to survey environmental managers in different localities and applied qualitative research method to analyze data. The results show that not all national policies on solid waste management are implemented in all localities. Waste separation is also the foremost concern in municipal waste management in most localities of Vietnam. Most of the localities claimed that the unrealistic nature and difficult implementation of the policies and the lack of needed resources are the main limitations and challenges in Vietnam. Survey results also revealed that different localities in Vietnam have different solutions to increase policy implementation efficiency. Besides, the study also found similarities in the implementation of policies in solid waste management between Vietnam and some other countries and also gathered some valuable lessons for the improvement strategy. Finally, the implementation of an effective domestic solid waste management policy is an important platform for improving environmental quality and ensuring the sustainable development of the nation and mankind.

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