CAIRO, Nov. 7, 2024 — On 2 November 2024, at the Second High-Level Meeting on Financing Sustainable Urban Development, held during the Twelfth Session of the World Urban Forum, UN-Habitat and Shanghai SUS Environment Co. Ltd. signed a Contribution Agreement to support the Cities Investment Facility.

UN-Habitat will collaborate with Shanghai SUS Environment Co. Ltd. to prepare and develop infrastructure projects for sustainable urban development.

This meeting, crucial for accelerating financing solutions for cities and communities, drew participation from governments, banks, and investment institutions globally. Discussions focused on addressing subnational finance challenges through private sector involvement.

As the United Nations’ primary agency for human settlement issues, UN-Habitat plays a critical role in global urban development. UN-Habitat assists governments and local authorities in enhancing urban governance to ensure safe, healthy, and sustainable urban environments for all. This partnership signifies the international recognition of SUS ENVIRONMENT’s waste-to-energy practices.

During the meeting, Mr. Zhan Liang, General Manager of SUS ENVIRONMENT’s International Business Department, presented on the topic “Exploration of City Benefit Solid Waste Management, Promoting Global Sustainable Development,” sparking enthusiastic responses from attendees.

In light of escalating global environmental and climate challenges, SUS ENVIRONMENT has developed advanced solid waste processing technology and an eco-industrial park model that not only achieves “harmless and resourceful” processing of municipal solid waste (MSW) but also proposes a city-beneficial solid waste management solution of “Environment + X.” By strengthening city infrastructure, this approach supports the green and low-carbon transformation of urban industrial chains, offering fresh ideas for sustainable urban development.

To date, SUS ENVIRONMENT has established 6 overseas representative offices and has invested in and built 84 Eco-industrial park projects in China, Vietnam, Thailand, Indonesia, Malaysia, and Uzbekistan. Leveraging advanced technology and mature practical experience, SUS ENVIRONMENT has tailored scientific solid waste management solutions for the unique characteristics of cities and waste conditions across various countries and regions, effectively addressing local environmental issues and promoting the transition of cities to a circular economy model.

Looking ahead, as the collaboration between SUS ENVIRONMENT and UN-Habitat strengthens, we are committed to expanding our efforts towards building such projects globally.

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