Guide to COST-BENEFIT ANALYSIS of investment projects - Ramiri

3.2.1.1 Project objectivesThe general objectives are usually related to local and regional development and environmentalmanagement. Specific objectives involve:- the development of a modern local and regional waste management sector;- the reduction of health risks linked to an uncontrolled management of municipal and industrial waste;- the curbing of raw material consumption and the planning of the final phases of material productionand consumption cycles;- the reduction of polluting emissions such as water and air pollutants;- innovation in technologies for waste collection and treatment.To highlight the general and specific objectives, the project should define carefully the followingcharacteristics:- the population covered by the projects, tons of waste collected and treated by type of waste (hazardouswaste, municipal waste, packaging waste);- type of technologies implemented (methods of treatment);- economic impacts on the local economy (in terms of revenues and employment 16 );- risk reduction due to the implementation of the waste management strategy;- savings in raw material consumption (such as, for example, metal and metal compounds, reclaimedand/or regenerated solvent, glass, plastics, fuel and other products of recovery operations 17 );- reduction in air, water and soil pollutants and types of environmental damage to soil and groundwateravoided.3.2.1.2 Project identificationTypology of the investmentThe main types of waste management facilities are 18 :- investments in facilities for the collection, temporary storage and recycling of waste (whether collectedseparately or not), such as municipal collection centres;- compost production facilities;- investment in facilities for physical and chemical treatments, such as oil waste treatment facilities;- household and industrial waste incineration plants and incinerators (with or without combined heatand power);- landfill sites.A map of the plant proposed will be attached to the project for a better comprehension of the localeconomic and environmental impacts. Some information on the area covered by the waste collection willalso be included. In addition, data are needed on the origin of waste: local, regional, national or country oforigin (for waste imported from another European or non-European country).16While, obviously, this is not a primary objective of the project.17Annex II B of the Directive 2006/12/EC of the European Parliament and of the Council of 5 April 2006 on waste lists the recoveryoperations as they occur in practice.18See also the aforementioned Annex II A of the Directive 2006/12/EC.85