Draft Business Waste Strategy PDF - london.gov.uk - Greater ...

62 Mayor of London
Making waste work in London The Mayor’s Draft Business Waste Management Strategy
3.113 In response to the review of the Mayor’s powers and the Mayor’s proposal
for a London single waste disposal authority, additional powers for the
Mayor of London were announced by the Department of Communities
and Local Government (DCLG) in 2006. One element of the new powers
was for the establishment of a London Waste and Recycling Board,
managing a new London waste and recycling fund.
3.114 The government has identified £60 million over three years, from the
Comprehensive Spending Review, for the fund to spend to develop
London’s municipal waste management services and infrastructure.
The Mayor, through the LDA, has committed to provide £18 million
worth of funding over three years to support the development of
new waste infrastructure in London.
3.115 The Mayor is proposing to work with the commercial sector to deliver
the vital waste infrastructure London needs and is looking to the London
Development Agency to investigate establishing a fund to achieve his
objectives for business waste.
Proposal 8 To contribute to the development of business waste infrastructure in
London, with sufficient capacity to achieve the London Plan selfsufficiency
targets, the London Development Agency will investigate:
■ establishing a fund for business waste infrastructure
■ attracting partners and leverage additional investment to the fund
■ supporting the development of businesses and social enterprises
that prevent waste, collect and manage resources in London or
develop products made from recycled materials
■ delivering programmes that support innovation in the green
industries sector.
3.116 The government's Enhanced Capital Allowances offer tax benefits
for businesses, including the waste industry, for:
■ energy-saving plant and machinery
■ low carbon dioxide emission cars and natural gas and hydrogen
refuelling infrastructure
■ water conservation plant and machinery.
3.117 In Waste Strategy 2007, the government announced it is introducing
enhanced capital allowances for investment involving the use of
secondary recovered fuel for combined heat and power facilities 142 . The
Mayor believes this should be extended to include equipment used in
advanced waste technologies. These present a substantial opportunity to