WRAP - Building Momentum in its Second Year
11 June 2003
· Launch of 2002/3 Achievements Report at CIWM conference
· Progress this year includes launch of compost standards, new product development, investment in recycling
· Second year momentum building towards outcomes of first three year Business Plan
· Progress this year includes launch of compost standards, new product development, investment in recycling
· Second year momentum building towards outcomes of first three year Business Plan
WRAP (the Waste & Resources Action Programme) is joined today by the incoming President of the Chartered Institution of Wastes Management, Stephen Aston, to launch it’s annual Achievements Report at the CIWM conference in Torbay. The report details the progress made in WRAP’s second year towards the three-year targets laid out it its Business Plan.
The highlights of the year’s progress include developing of new products, leveraging investment into the recycling sector and work on standards. Further capital funding, the launch of an Aggregates programme and the first year of WRAP’s Business Development Service have also played key roles in this progress.
Improving our understanding of the recycling sector has been a priority and in the first study of its kind WRAP has found that the sector has a turnover of at least £12 billion a year. The report outlines how this work has played an important part in attracting investors to the recycling sector and describes two new investment mechanisms that will assist in filling gaps in finance provision for the sector, as it expands to meet challenging targets.
But investment is already taking place this year. For example, in this second year, new work (through our Aggregates programme and a second round call for research & development projects) has seen projects develop that will attract a total of £30.2 million into capital investment and R&D, supported by £10.2m of project support from WRAP – a leverage of around £3 for every £1 from WRAP.
The report also details WRAP’s work on creating confidence in recycled products and how the launch of the Publicly Available Specification (PAS) 100 for composted materials in late 2002 marked a significant stride in this area.
Another critical factor in the year’s progress has been the State Aid clearance process for capital investment and other elements of the WRAP programme.
Vic Cocker, WRAP’s Chairman said “Maintaining our momentum in the face of the considerable complexities of the State Aid process has been a challenge, but we are delighted to have secured State Aid clearance for the bulk of our work during the year, and look forward to resolving the final outstanding issues on capital grants in the coming months”.
On the launch of the report, Vic Cocker continued “This report is part of the process of providing feedback to all of our key stakeholders, and I hope it paints a vivid picture for you of how we have spent our time and resources during the year.”
Copies of the report are available on WRAP’s stand in Torbay Park (stand 586), and on the WRAP website www.wrap.org.uk.
The highlights of the year’s progress include developing of new products, leveraging investment into the recycling sector and work on standards. Further capital funding, the launch of an Aggregates programme and the first year of WRAP’s Business Development Service have also played key roles in this progress.
Improving our understanding of the recycling sector has been a priority and in the first study of its kind WRAP has found that the sector has a turnover of at least £12 billion a year. The report outlines how this work has played an important part in attracting investors to the recycling sector and describes two new investment mechanisms that will assist in filling gaps in finance provision for the sector, as it expands to meet challenging targets.
But investment is already taking place this year. For example, in this second year, new work (through our Aggregates programme and a second round call for research & development projects) has seen projects develop that will attract a total of £30.2 million into capital investment and R&D, supported by £10.2m of project support from WRAP – a leverage of around £3 for every £1 from WRAP.
The report also details WRAP’s work on creating confidence in recycled products and how the launch of the Publicly Available Specification (PAS) 100 for composted materials in late 2002 marked a significant stride in this area.
Another critical factor in the year’s progress has been the State Aid clearance process for capital investment and other elements of the WRAP programme.
Vic Cocker, WRAP’s Chairman said “Maintaining our momentum in the face of the considerable complexities of the State Aid process has been a challenge, but we are delighted to have secured State Aid clearance for the bulk of our work during the year, and look forward to resolving the final outstanding issues on capital grants in the coming months”.
On the launch of the report, Vic Cocker continued “This report is part of the process of providing feedback to all of our key stakeholders, and I hope it paints a vivid picture for you of how we have spent our time and resources during the year.”
Copies of the report are available on WRAP’s stand in Torbay Park (stand 586), and on the WRAP website www.wrap.org.uk.
Editor's notes:
1. WRAP (Waste and Resources Action Programme) is a major UK programme established to promote sustainable waste management. Its focus in its first years is on creating stable and efficient markets for recycled materials and products.
2. A not-for-profit company in the private sector, WRAP is backed by substantial Government funding from DEFRA, DTI and the devolved administrations in Scotland, Wales and Northern Ireland.
3. WRAP has recently been allocated a further £16.5m for three new programmes for 2003/4, focusing on waste minimisation, recycling and composting best practice, and raising awareness.
4. WRAP has laid down targets across eight programmes – five material streams (paper, plastics, glass, wood and aggregates) and three generic areas (Procurement, Financial Mechanisms and Standards and Specifications). These are published in our Business Plan available on www.wrap.org.uk
2. A not-for-profit company in the private sector, WRAP is backed by substantial Government funding from DEFRA, DTI and the devolved administrations in Scotland, Wales and Northern Ireland.
3. WRAP has recently been allocated a further £16.5m for three new programmes for 2003/4, focusing on waste minimisation, recycling and composting best practice, and raising awareness.
4. WRAP has laid down targets across eight programmes – five material streams (paper, plastics, glass, wood and aggregates) and three generic areas (Procurement, Financial Mechanisms and Standards and Specifications). These are published in our Business Plan available on www.wrap.org.uk
Sam Sharpe
WRAP, The Old Academy, 21 Horse Fair, Banbury, Oxon OX16 0AH
Tel: 01295 819 927
sam.sharpe@wrap.org.uk
WRAP, The Old Academy, 21 Horse Fair, Banbury, Oxon OX16 0AH
Tel: 01295 819 927
sam.sharpe@wrap.org.uk
