A UK recycling fund has reached £100 million ($157 million) in assets and delivered an almost 50% return since its launch in 2008.

A UK firm with a novel technology for turning waste into energy is proposing to raise a fund to finance installations across the country.

Growing demand for waste management solutions has helped a UK-focused recycling fund achieve returns of more than 40% over three years and is spurring its expansion plans.

French water and waste firm Suez Environnement posted a nearly 30% rise in first quarter pre-tax earnings while revenue was up 14%, boosted by the acquisition of Spanish water and services group Agbar.

London should compete to become a world leader of the low-carbon economy, the city’s mayor urged yesterday, as he announced the selection of the first manager for the long-anticipated London Green Fund and an additional £35 million ($57 million) in funding.

A funding gap has opened up in the UK waste management market which presents opportunities for investors and small developers, according to a leading banker to the sector.

French water and waste management firm Suez Environnement has launched Blue Orange, a venture capital fund to invest in environmental technologies.

Dumping electronic waste (e-waste) in developing countries could be banned in the US, if a bill put forward in the country’s House of Representatives gains traction.

Former US President Bill Clinton has announced an investor-led survey of how companies use and track plastic in their business.

The world market for waste, from collection to recycling, is worth about €300 billion ($410 billion) a year, according to a report commissioned by environmental services firm Veolia.

Waste Management (WM) will pursue waste-to-energy opportunities in China following its $140 million acquisition of a stake in Shanghai Environment Group (SEG) last week, believed to the single largest foreign investment in China’s solid waste management sector.