With municipal waste set to rise by two thirds and its costs to almost double within a generation, only a drastic reduction in waste generation will secure a liveable and affordable future, according to a new UN Environment Programme (UNEP) report. Titled “Beyond an age of waste: Turning rubbish into a resource,” the UNEP Global Waste Management Outlook 2024 (GWMO 2024) provides the most substantial update on global waste generation and the cost of waste and its management since 2018. The analysis uses life cycle assessments to explore what the world could gain or lose through continuing business-as-usual, adopting halfway measures, or committing fully to zero waste and circular economy societies.
According to the report, municipal solid waste generation is predicted to grow from 2.3 billion tonnes in 2023 to 3.8 billion tonnes by 2050. In 2020, the global direct cost of waste management was an estimated USD 252 billion. However, when factoring in the hidden costs of pollution, poor health and climate change from poor waste disposal practices, the cost rises to USD 361 billion. Without urgent action on waste management, by 2050 this global annual cost could almost double to a staggering USD 640.3 billion.
The report’s modelling shows that getting waste under control by taking waste prevention and management measures could limit net annual costs by 2050 to USD 270.2 billion. However, projections show that a circular economy model, where waste generation and economic growth are decoupled by adopting waste avoidance, sustainable business practices, and full waste management, could in fact lead to a full net gain of USD 108.5 billion per year.
Source: UNEP
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