As of September 2005, co-founded concern waste organization dedicated to improving waste management in Bangladesh, is considering changes to its business model, to be approved by the municipal government for large-scale composting site. Since its inception in 1995, Waste Concern followed a decentralized model where each composting site composting small operations processing three tons of organic waste per day. In this model, they relied on the land and the waste supply of Dhaka City Council (DCC) municipal government. Now they are working with the Dutch-based World Wide Recycling BV (WWR) to create a 700-ton per day composting plant, which will enable them to earn tradable certificates for $ 11 per ton of reduced methane gas, making it the first in the world to collect loans through composting under the Clean Development Mechanism of the United Nations (CDM). To start the composting site, they face obstacles in getting approval of DCC. They have three options: (1) to follow the original plan that the municipality will provide both land and waste, which entails the pending approval of DCC, (2) the acquisition of land for the composting site and rely on municipal waste supply or (3) to purchase land and to take responsibility for waste collection itself. In its views, they must weigh the financial and social aspects and to determine the appropriate structure for their organization. "Hide
by Jordan Mitchell, Johanna Mair Source: IESE 22 pages. Publication Date: September 28, 2006. Prod. #: IES176-PDF-ENG