A company that distributes virtual money in exchange for waste, a start-up that converts faecal sludge into fuel briquettes and a company that offers smart metering solutions for solar mini-grids, won the award PLANT Low carbon price (PLANT Price) (www.SEED.uno). PLANT was founded as part of a global partnership between the United Nations Environment Program (UNEP), the United Nations Development Program (UNDP) and the International Union for the Conservation of Nature (IUCN).
Regenize, a South African company founded in 2016 by entrepreneur Chad Robertson, rewards residents with Remali, a virtual currency that can be used to buy airtime, data, or grocery vouchers, in exchange for recycled materials. The Cape Town-based company provides informal waste collectors with community recycling centers, uniforms, transportation and connections to clean recyclable materials. Once collected and sorted, Regenize buys the recycled materials and sells them in bulk to waste processors. Regenize thus diverted 231 tonnes of waste from landfills. PLANT will help Regenize to evolve by setting up 151 decentralized recycling centers and integrating 423 informal waste collectors into its model.
The winning start-up in Ghana, JVL–YKMA Recycling plant, was founded in 2020 and processes organic waste and faecal sludge to produce compost for commercial agriculture and affordable, fuel-efficient briquettes for households and industries. JVL–YKMA The recycling plant, run by young engineer Bernadette Dzifa Agbefu, is the result of an innovative public-private partnership between Jekora Ventures Ltd and the Yilo Krobo Municipal Assembly. It processes up to 1,800 tonnes of solid organic waste and up to 5,000 cubic meters of faecal sludge to produce up to 200 tonnes of compost and 1,000 tonnes of low-cost fuel briquettes per year. PLANT will help the company increase the value of its production by increasing the faecal sludge treatment capacity and running a second briquetting shift.
In Uganda, winning company Peec Energy offers remote monitoring and smart metering solutions for solar mini-grids and solar home systems in local communities, currently benefiting 3,800 households. Peec Energy, founded in 2016 by entrepreneur Philip Kyeswa, provides PAYG meters to local mini-grid developers, allowing them to sell power in off-grid locations and remotely monitor their utility assets and collect bill payments through central software. The company also offers women and youth training and certification in solar energy and biogas from the Uganda Industrial Training Directorate. Under PLANTAccording to expert advice from Peec Energy, Peec Energy aims to expand across Uganda, Rwanda and Congo to reach 500,000 connected homes, affecting more than one million people.
Rita Schwarzelühr-Sutter, Parliamentary State Secretary at the German Federal Ministry for the Environment (BMU), which is the main sponsor of PLANT Low Carbon Awards, commented: “Micro and small businesses play an essential role in the transformation towards low-carbon and more sustainable development. Many of these companies are making a significant contribution to this transformation. the PLANT Prizes are key to moving these businesses forward, equipping founders with the tools, knowledge and networks they need to maximize their impact within their local communities and beyond.
the PLANT Award ceremony taking place today at the United Nations High Level Political Forum on Sustainable DevelopmentHLPF), will also see PLANT presents its findings ‘Green Recovery Snapshot’ (https://bit.ly/3hCJSDP), which calls on governments, donors and financial providers to increase targeted support to MSMEs as they drive economic growth in a post –COVID world. MSMEs are responsible for creating seven out of ten jobs in emerging markets, and green and social MSMEs have an environmental and social impact through their activities, products and services, making them key players in achieving recovery green.
The winners of PLANT The scholarships will receive matching grants of between EUR 10,000 to 15,000 and will receive tailor-made individual advisory services for up to a year to scale up their operations, as part of the famous PLANT Acceleration program (https://bit.ly/3AVM4xM). In accordance with the principle of “rewarding the best and getting the others moving”, 39 finalists will also be supported through the PLANT Catalyze (https://bit.ly/3hABXXt), to refine their economic models and optimize their impacts while advancing their preparation for investment.
PLANTRainer Agster COO added: “The caliber of PLANT The nominations for the awards this year were exceptional, and we extend our congratulations to the nine winners and 39 finalists. We hope that the companies identified and promoted by the PLANT The awards will be a source of inspiration for aspiring entrepreneurs from emerging economies. Through the PLANT Awards, we will support 48 companies in 2021, and through our other programs, several hundred more. For each of them, however, there are thousands of other eco-inclusive businesses that are advancing the SDGs that can be scaled up with the right support. Therefore, we strongly encourage policy makers and financial actors to take a closer look at these eco-inclusive businesses and to initiate or develop support programs for them.
From 2021 PLANT As a cohort of the awards, 69 percent of business leaders are between the ages of 18 and 35 and 52 percent are businesses run by women. Since their creation in 2005, the PLANT The awards recognized 311 companies in 40 countries and facilitated the disbursement of over EUR 1 million grants. Each individual PLANT company saved an average of 7,300 tonnes of CO2, generated more than 9,399 kWh of renewable energy and created 28.4 jobs, 32% of which are available to people at the bottom of the pyramid (BoP).
For more information on the winners and finalists, please visit the PLANT website (https://bit.ly/3xBgrY8).
Distributed by APO Group on behalf of PLANT.
For more information or for interview requests with the PLANT Laureates, please contact:
Sara Viglione at Gong Communications
Email: [email protected]
Phone. : +44 7794 988752
Follow us on:
About PLANT Awards:
the PLANT Sustainable Development Entrepreneurship Award (PLANT Awards) identify and promote eco-inclusive businesses in emerging and developing economies, empowering them to grow their businesses through grants, policy advice, investor access and global profiling. the PLANT The Low Carbon Awards 2021 in Ghana, India, Indonesia, South Africa, Thailand and Uganda are sponsored by the International Climate Initiative (IKI) of the German Federal Ministry for the Environment, Nature Conservation and Nuclear Safety (BMU). the PLANT The 2021 Climate Adaptation Awards in Malawi, Zambia and Botswana are sponsored by the Flemish government.
PLANT is a global partnership for action on sustainable development and the green economy.
Founded by the United Nations Environment Program (UNEP), the United Nations Development Program (UNDP) and the International Union for the Conservation of Nature (IUCN) at the 2002 World Summit on Sustainable Development in Johannesburg, PLANT believes that entrepreneurship is the key to sustainable development.
PLANTBusiness Support Programs in Asia and Africa support growing small businesses with business support and capacity building. Its ecosystem programs focus on policy, financing and collaborative instruments that multiply the social, environmental and economic impacts of entrepreneurship.
For more information, please visit: www.SEED.uno.
Africanews provides APO Group content as a service to its readers, but does not edit the articles it publishes.