Korea Environmental Policy Bulletin - Recyclable Resources Market in Korea

Lately, the optimized waste management system has moved into its stabilization phase, but the quantity of wastes continues to increase, thus accentuating the need to reinforce a policy for promoting the recycling of wastes. In this light, Recyclable Resources Market has been created and currently is in operation. The target is to recover the high value imbedded in recirculation of waste resources, which were previously subjected to incineration, burial or simple reuse. As an optimized and customized marketplace for online trading between suppliers and consumers of wastes, Recyclable Resources Market is a system in which from provided by registered suppliers who registers information of type, characteristics, quantity, and quality of waste.