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In the background of the climate crisis: the Ministry of Economy will provide assistance to Israeli companies that export solutions for recycling and reusing waste in industry

In a call published by the ministry, "Israeli companies that have a service, a tangible product, a technological product or a prototype ready for export in the field of waste recycling and industrial by-products" are invited to respond to the challenge

Scrapping cars for the purpose of recycling the materials. Illustration: depositphotos.com
Scrapping cars for the purpose of recycling the materials. Illustration: depositphotos.com

As part of the national program for a circular economy, which is led by the Industries Administration in the Ministry of Economy and Industry, a new government program will be launched in the coming months that will help Israeli companies to reveal to international markets Israeli solutions in the field of recycling and reusing industrial waste for other industrial needs.

Against the background of increasing demand in the world for raw materials and recycled products, as well as a growing demand for solutions for waste treatment, there has been an increase in the number of requests from companies, government officials, academic bodies and organizations in the international arena, to the set of economic annexes of the Ministry of Economy around the world in order to locate and make available solutions and technologies in the field.

In order to map the Israeli industry on this issue, and encourage more companies to enter the field, the Ministry of Economy and Industry published 'declaration'. In the call, recently published by the Administration of Foreign Trade and the Administration of Industries in the Ministry of Economy and Industry, "Israeli companies that possess a service, a tangible product, a technological product or a prototype ready for export in the field of recycling waste and industrial by-products" are called to respond to the challenge and provide information in their possession concerning existing or future solutions that It will be possible to export and make it accessible to target audiences in the international arena.

At the end of the mapping process, the Ministry of Economy and Industry will be able to produce a branded and detailed marketing database of companies that will be used by the Ministry's set of economic annexes in 54 centers of commercial activity around the world, making Israeli solutions accessible to potential customers and investors in the global arena and creating business opportunities for exports and attracting investment for Israeli companies in the field .

Director of Foreign Trade Administration in the Ministry of Economy and Industry, Ohad Cohen:In recent years, we have seen a significant increase in inquiries to our set of economic affiliates around the world, which is characterized by a growing demand from the markets to locate groundbreaking products, technologies and services that can assist in the transformation. One of the challenges in promoting this industry is the identification of these companies and their exposure to the needs of the target markets. In cooperation with the Industries Administration, we are working to map, empower, direct and assist the relevant companies in order to help both Israeli exports, Israeli industry and - to a small extent - the growing climate crisis."

Director of Industries Administration at the Ministry of Economy and Industry, Oz Katz: "The Israeli cleantech and recycling industry can and should position itself on the international front in dealing with the 'waste challenge' - an environmental, economic and technological challenge - and in the process, help grow the economy while creating green jobs and increasing productivity. References from the economic annexes around the world clearly illustrated the level of demand for these solutions, some of which already exist in Israel and now we are working to find additional solutions to help this industry grow."

The unnecessary waste is one of the causes of warming

According to World Bank data, the world produces waste to the extent of 3.4 billion tons every year and it is even expected to increase the volume of waste by 70% by the year 2025. This disturbing figure is one of the causes of the climate change and global warming that we are already experiencing today. One of the ways to deal with the waste challenge is to adopt a circular economy that will help in economic growth while reducing environmental impacts. The world's economies are moving from linear business models to circular models that strive to close the production circle, while making optimal use of raw materials or energy, and in the process, many countries seek to locate breakthrough products, technologies and services in the field.

The European Union Set a municipal waste and packaging recycling target that will be 55% of the waste by 2025; in the UK Starting in April 2022, a tax will be collected on plastic packaging that does not contain at least 30% recycled material; In the US, will be published soon National strategy for the promotion of the cycle When one of the goals is for the turnover rate to rise to 50% by 2030; In the new five-year plan that was published recently In China, the republic set itself the goal of expanding, optimizing and improving industrial production through the implementation of new technologies. According to estimates, by 2025, The output value of China's recycling industry will exceed 5 trillion yuan (CNY). Along with the environmental legislation, a technological evaluation of the manufacturers is also carried out as part of the "Horizon Europe" program for the years 2021-2027, which includes a huge budget for financing programs whose aim is to increase, diversify and optimize the means of circulationin South Korea A Green New Deal program was established in 2020, within which tens of billions of dollars were allocated in the coming years for the benefit of various projects in the areas of the circular economy. The business sector in Korea has begun a race to promote various initiatives for the recycling and reuse of various industrial raw materials and the cleaner production of plastic products and the perfection of the recycling processes for them. In this lies a real opportunity for Israeli companies since the Korean companies operate throughout the Asian and global space and the implementation of this technology through them will enable new bridges for Israeli exports in this important field.

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