One of UNIDO’s contributions to the Sustainable Development Goals is facilitating the establishment of eco-industrial parks.
An eco-industrial park is a community of businesses located on a common property. Members seek enhanced environmental, economic and social performance through collaboration in managing environmental and resource issues, and thus, seeking opportunities, and eventually engaging in industrial symbiosis activities within or outside the eco-industrial park.
Industrial symbiosis means that traditionally separate industries look for means and ways to gain competitive advantage through physical exchange of materials, energy, water and by-products, hence fostering inclusive and sustainable development.
Eco-industrial park developments have contributed to better integrate industries in the society through the creation of shared economic opportunities, improved ecosystems and innovative avenues for responsible business.
Among their many positive externalities, eco-industrial parks promote resource efficiency and circular economy, making a contribution to sustainable cities.
UNIDO collaborates with the World Bank Group (WBG) and the German Development Agency (GIZ) to promote the development of standardized approaches for the implementation of eco-industrial parks in developing countries.
|Contribution to the Sustainable Development Goals|