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World Bank nixes funding to controversial waste-to-energy project in Gujarat
The New Indian Express Thrissur
|February 22, 2025
A significant win for the people of Gujarat, the World Bank has finally decided not to fund multiple waste-to-energy (WTE) incineration projects in major cities in the state.
Sustained community protest against four such projects and the possible financial unviability were the major reasons behind the cancellation.
Various studies show that WTE's detrimental impact on people's health and the environment more than outweighs its advantages.
WTE plants produce a dangerous level of particulate matter, especially PM2.5, by burning solid waste, including plastics, which pollute the air and degrade the environment.
The International Finance Corporation (IFC), the private lending arm of the World Bank, formally conveyed its decision not to invest in a private company, Abellon Clean Energy Limited (ACEL), in setting up WTE plants in Gujarat.
ACEL had proposed building four WTEs in Rajkot, Vadodara, Ahmedabad and Jamnagar to burn around 3,750 tons of unsegregated Municipal Solid Waste (MSW) daily.
This story is from the February 22, 2025 edition of The New Indian Express Thrissur.
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