Circular Economy
Source: Circular Economy and Waste Management Market in Latin America – FROST & SULLIVAN.
Colombia stands out with the best waste management score in the region
According to the Waste Management Index —where a lower score indicates better performance— Colombia leads the region in this indicator.
Recycle and reuse
Colombia has one of the best recycling and reuse rates in the region
Only behind Argentina (22%), Colombia has the second-highest recycling and reuse rate at 17%, ahead of Mexico (14%), Chile (10%), Brazil (8%), and Peru (4%).
Source: Circular Economy and Waste Management Market in Latin America – FROST-SULLIVAN.
Among the regional leaders
Bogotá: Second capital in the region for waste recycling and reuse
Bogotá ranks 2nd in the quality model developed by FDI Benchmark, with a total score of 137.7.
Its top performance areas include living environment (1st), availability and quality of the workforce (3rd), and the industrial sector (3rd).
Source: FDI Benchmark.
Source: FDI Benchmark.
Among the regional leaders
Bogotá: Second capital in the region for waste recycling and reuse
34% of Colombia’s recycling business ecosystem is located in Bogotá.
In activities such as materials recovery, collection, management, treatment, and waste disposal, Bogotá hosts the largest number of companies nationwide.
Own standards
Bogotá has its own circular economy model
This model is based on the 9Rs of circular economy, a production and consumption approach aimed at reducing environmental impact.
The 9Rs are: Rethink, Reuse, Repair, Restore, Remanufacture, Redefine, Recycle, and Recover.
Source: Secretaría Distrital de Ambiente.
Are you interested in circular economy projects?
As a Senior Investment Officer at Invest in Bogota, I can provide you with the specialized guidance you need to invest in Bogota and the region.