London Waste and Recycling Board (LWARB) has an investment fund to distribute over four years, comprising of money from government (the Department for the Environment Food and Rural Affairs, DEFRA) to improve waste management in the capital.
LWARB prepares a strategy each year during the life of the fund. The strategy must include its priorities and method for disbursing any funds at its disposal.
Funds available via LWARB or through the London Green Fund are as follows:
- The London Green Fund (EU branding for Joint European Support for Sustainable Investment in City Areas (JESSICA) fund) -The London Green Fund waste fund is administered by the fund manager, Foresight Group, which was appointed by the European Investment Bank. The Fund provides investment in schemes that will cut London’s carbon emissions.
- Targeted Infrastructure Programme – The Targeted Infrastructure Investment Programme provides funding to enable the development of projects that meet the strategic requirements of LWARB (geographically and technologically) to the extent that funding is not available from the private sector.
Applications can be made at any time
LWARB is keen to receive expressions of interest from developers of any infrastructure projects that will treat London’s waste but will prioritise projects that are:
- Based outside of East London;
- Meeting the requirements of the strategic capacity gap;
- Close to delivery but require LWARB support in order for the project to reach financial close.
For the purposes of the Targeted Infrastructure Programme, LWARB defines East London as the Boroughs of Barking and Dagenham, Havering, Newham, and Redbridge.
There are certain technologies to which LWARB will offer support. These are technologies that are aligned with the Mayor’s Municipal Waste Management Strategy, that help to move waste up the hierarchy and that will contribute to filling the capacity gap.
Projects that LWARB will offer support to are as follows:
- Technologies or infrastructure (including utilisation of spare capacity of a larger strategic reprocessing or energy infrastructure project) that meet the requirements of the Mayor’s Carbon Intensity Floor emissions and divert waste from landfill;
- Infrastructure for manufacturing of recyclate into new materials;
- Recycling and composting/anaerobic digestion facilities;
- New and emerging advanced thermal and/or chemical conversion technologies, with preference for technologies that have the potential to produce hydrogen from waste (e.g. anaerobic digestion and gasification/pyrolysis);
- Projects that maximise combined heat and power opportunities;
- Projects that offset fossil transport fuel such as the infrastructure required to produce biodiesel from used cooking oil, for example, for use in London’s buses and other suitable vehicles;
- Innovative technologies such as fuel cells.
Interested organisations are asked to submit an expression of interest outlining their proposals.
Contact LWARB for further information.