Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 52 , 01 December 2023
Open
Access | Article
Waste Classification’s Contribution to Sustainable Development: A Case Study on Shanghai
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Abstract
This paper explores Shanghai’s comprehensive waste classification policy, highlighting its impact on waste reduction, recycling, and the economy. The policy engages citizens in waste sorting at the source and leverages a combination of regulations, incentives, and penalties. This study examines the policy’s outcomes, including increased recyclable recovery, reduced hazardous waste, and conversion of waste to valuable resources. Economic benefits such as job creation and a recycling-driven economy are discussed as government investment has boosted the recyclable sector. Growing customer demand under the new policy also creates more jobs. However, challenges such as economic strain and impacts on informal waste collectors should also be acknowledged. Environmental and social concerns, such as plastic bag usage and public dissatisfaction are also addressed. Drawing lessons from waste classification policies in Tokyo and Germany, potential solutions are suggested, including regulatory enhancements, charging mechanisms, stakeholder cooperation, and expanded recycling channels. The abstract underscores the need for continuous evaluation, adaptation, and collaboration to ensure the policy’s success in fostering a sustainable urban environment.
Keywords
waste classification, waste management, sustainable development, Shanghai
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-151-3
- ISBN (Online)
- 978-1-83558-152-0
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/52/20230710
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited