The Western Cape Industrial Symbiosis Programme (WISP), funded by the City of Cape Town, has been selected as a Finalist for The Circulars, a global circular economy award initiative held by the World Economic Forum and the Forum of Young Global Leaders.
The awards are open to individuals and organisations from commerce and civil society in seven distinct categories and are designed to recognise and celebrate, on a prestigious global stage, all facets of the circular economy movement.
WISP: 2018 finalist
WISP has been selected as a 2018 finalist in the Public Sector category.
WISP is a free service that connects companies so that the underutilised or discarded resources of one company can be used by another.
To date, WISP has diverted 27,200 tonnes of waste from landfill, generated R41.6 million in economic benefits for its members and created 140 jobs in the local economy.
“The City of Cape Town is a proud supporter and funder of the Western Cape Industrial Symbiosis Programme. Cape Town embraces industrial symbiosis challenges by striving to think creatively about waste streams.
“This programme is an amazing demonstration of our city’s innovation and our focus on resilience and minimising our environmental footprint.,” says Mayor Patricia De Lille.
WISP’s success lies in its extensive network of manufacturing companies and its expert facilitators.
These facilitators engage members to gather information on underutilised resources within manufacturing companies and rapidly identify mutually beneficial synergies between members.
WISP is enabling a structural shift in the flow of materials in the local economy, with previously wasted materials actively contributing to the economy, rather than being landfilled.
Now in its fourth year, The Circulars event will be held at the World Economic Forum Annual Meeting in Davos on 22nd January 2018. WISP was selected as a finalist alongside top multinational organizations including H&M, HP Inc., IKEA, Enel, Google and Apple.”
Featured image: Stock