The circular economy is a term that has gained popularity among businesses and governments. Although there is some consensus within the market as to what constitutes circular economy, there continues to be a lack of clarity about what “circular” actually means in practice.
In our world, circular economy is about rethinking how we use our raw materials and resources to create a sustainable economy free of waste and emissions. It is about shifting our mindset away from over-consumption to an economy where we reduce consumption, and reuse and recycle wherever possible.
What is NICL doing?
The NICL team are experienced in the financing of waste-to-energy and recycling projects. We understand the regulatory, economic and social drivers for this sector and the ability to differentiate between real versus perceived risks. Our depth of knowledge in this sector helps our clients to preempt potential shortfalls and future-proof projects in the development and construction phases.
This sector requires financiers to be able and willing to understand the technical benefits and limitations of various technologies and processes, from fluidised-bed reactors to anaerobic digestion and gasification. We have the skill to simplify terminology so it is easily understood by both economists and engineers, giving projects that we advise on the highest chances of securing finance.