Valuation of Plastic Waste as a Community Circular Economy Strategy in the Municipality of Choco–Colombia

Abstract

A business solution is proposed for the accumulation of waste in the Municipality of Choco without prior treatment through the establishment of a center for the reception, classification, recovery and use of solid plastic waste in the Municipality of Quibdo, which would optimize and expand the management of plastic waste. In this study, the basic diagnosis of the practices that are currently carried out in Quibdo is evaluated with the appropriation of the knowledge of the population, the technical structuring of the conditions of production of plastic wood is carried out from the management of plastic waste, recognition of the market for waste generated as an alternative for development and sustainable growth and the financial feasibility of the project and the profitability of each of the investment plans for its implementation. The results of the investigation include the identification of weaknesses and opportunities in waste management practices and the proposal of two investment plans for the establishment of the center. It is concluded that investment plan 2 would require 46,590.50 USD less than investment plan 1, equivalent to a 2.21% return compared to investment plan 1.