Eco-Industrial Park

Topics: Sustainability, Pollution, Renewable energy, Recycling / Pages: 11 (2648 words) / Published: Jul 10th, 2011
In our Eco-Industrial Park Handbook for Asian Developing Countries (download it) we have updated the concept and strategies and incorporated cases from Asia. (This work was supported by the Environment Department of the Asian Development Bank.) We now define the EIP concept as:
"An eco-industrial park or estate is a community of manufacturing and service businesses located together on a common property. Member businesses seek enhanced environmental, economic, and social performance through collaboration in managing environmental and resource issues. By working together, the community of businesses seeks a collective benefit that is greater than the sum of individual benefits each company would realize by only optimizing its individual performance.
"The goal of an EIP is to improve the economic performance of the participating companies while minimizing their environmental impacts. Components of this approach include green design of park infrastructure and plants (new or retrofitted); cleaner production, pollution prevention; energy efficiency; and inter-company partnering. An EIP also seeks benefits for neighboring communities to assure that the net impact of its development is positive."
Communities and businesses that create eco-industrial parks will have a foundation for industrial development that is more competitive, more efficient, and cleaner than traditional industrial parks. In addition, new business niches will be opened for recruitment or incubation of new companies.

Benefits of EIPs

Communities embracing the EIP concept are seeking benefits for all public and private stakeholders. * Business derives cost savings and new revenues; shared services; reduced regulatory burden; and increased competitiveness. * The community enjoys a cleaner, healthier environment; business and job development; an attraction for recruitment; and an end to conflict between the economy and the environment. * Government receives increased tax revenues;

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