This week the London Waste and Recycling Board (LWARB) announced that it will be investing approximately £3 Million into a private equity fund. The LWARB wants to invest in venture-stage or growth-stage businesses that will help accelerate the move to a circular economy in London.

Equity fund investing is not new to the LWARB, since 2009 it has invested almost £19 Million in the London Green Fund. As well as these fund investments the LWARB has also invested wisely in a number of London based waste infrastructure projects.

Richard Tracey, chair of the London Waste and Recycling Board, said, “The new fund’s focus is expected to be on innovative waste management technologies and may also emphasise less capital-intensive, asset-light business models in the wider circular economy sector.”

The capital is guilty of not leading the line when it comes to recycling and waste management in London. The government, the Mayor of London and organisations such as the LWARB are trying hard to invest and implement new technology to help make the capital more environmentally friendly.

At London City Waste Clearance we are passionate about recycling and protecting London. We live and work in the City so have a connection with it and the people who live and work here.

All of our waste is managed appropriately, we recycle everything we can and only send to landfill what we have to. If all Londoners did their part we could have a much greener London!