Posted on February 03, 2016

Nispana hosted the 6th Edition Waste Management & Recycling Summit Qatar on 3rd and 4th February 2016 at Intercontinental Doha The City, Doha, Qatar. 

Dr. R. Seetharaman, CEO of Doha Bank participated on 3rd February 2016. The Participants at the summit will include important government bodies, research institutes, international waste management experts, Green Bankers, Health, safety experts, environmental consultants and recycling firms.

Dr. R. Seetharaman spoke on “Green Banking & Sustainability”. He said “Sustainable development is the one that meets the needs of the present without compromising the ability of future generations to meet their own needs. Banks as responsible corporate citizens adopt Green Banking as part of Corporate Social responsibility (CSR) and Sustainable development. Green Banking considers all the social and environmental factors with an aim to protect the environment and conserve natural resources. Green Banking is also called ethical banking or a sustainable banking and promotes environmental-friendly practices and reducing carbon footprint from the banking activities. Green Banking will blend customers’ financial interests with the interests of the environment. Green Banking will also enable environmental sensibility to pay off for clients and for the planet. Green Banking is an innovative solution for sustainable development. Climate change is a global challenge which requires an ambitious global response and a green economy will protect the planet from the worst effects of climate change. Hence it is necessary that we contribute to the development of Green Economy. Green economies are the solution for climate change and for sustainable global growth. Green economy is mainly based on sectors such as renewable energy, green buildings, clean transportation, water management, waste management and land management.”

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Dr. R. Seetharaman gave insight on Waste Management and Global Warming. He said “The disposal and treatment of waste can produce emissions of several greenhouse gases (GHGs), which contribute to global climate change.  The most significant GHG gas produced from waste is methane. It is released during the breakdown of organic matter in landfills. Even the recycling of waste produces some emissions although these are offset by the reduction in fossil fuels that would be required to obtain new raw materials. Waste prevention and recycling help address global climate change by decreasing the amount of greenhouse gas emissions and saving energy.Everyday waste contains readily biodegradable carbon based organic matter such as kitchen waste, garden waste, and paper. The absence of air in landfill sites gives rise to the formation of methane through the decomposition of the waste.”

Dr. R. Seetharaman highlighted on Carbon emission trends. He said “China emerged as the biggest emitter of CO2 in 2014, at 9.7 billion tones, contributing 27 per cent of the world's emissions.US was the second biggest emitter of CO2 in 2014, releasing 5.6 billion tones, 15 per cent of the world's total emissions and the EU was the third biggest emitter of CO2 in with 3.4 billion tonnes contributing 10 per cent. India was the fourth biggest emitter of carbon dioxide (CO2) in 2014, at 2.6 billion tones, contributing 7.2 per cent of the world's emissions.”

Dr. R. Seetharaman gave insight on importance of paper recycling. He said “Paper recycling prevents methane emissions from landfills. Decomposition of the paper in landfills produces methane, a greenhouse gas. Landfills is one of the leading source of methane emissions and the decomposition of paper is the largest contributor to the methane being generated. Paper recycling leaves more trees standing so they can absorb more Carbon dioxide. Trees left standing pull carbon out of the air through carbon sequestration, which is one way to reduce the impact of industrial Carbon dioxide emissions. Green Banking also believes in paperless banking and reduction in paper consumption.”

Dr. R. Seetharaman highlighted on measures on Waste Management in GCC. He said “In June 2015 Abu Dhabi’s waste management authority has announced an ambitious 25-year recycling plan. Abu Dhabi will be split into zones with specific types of recycling centres introduced to match the kinds of waste generated there.The plan aims to integrate new facilities with existing ones. Landfills where waste is dumped and burnt will be restructured for more energy efficient and environmentally sound methods. The landfills in Qatar are running out of space and new engineered landfills need to be created. Qatar aims at raising the recycle share from 8% to 38% of solid waste, reducing landfill to 53% and converting waste to energy.”

In his concluding remarks Dr. R. Seetharaman stated that waste management will be a key contributor to sustainable development.