1.
Sustainable Finance Collective Asia | November 2016 1
Sustainable Finance Collective Asia
Launch Event | 22 November 2016
www.sfc-asia.com

2.
Sustainable Finance Collective Asia | November 2016 2
Thematic panel discussion –
Circular Economy
Leonie Schreve, Managing Director, Global Head Sustainable Finance, ING
Matthew Toy, Water International Client Director, Atkins

3.
Sustainable Finance Collective Asia | November 2016 3
A circular economy is one that is
restorative and regenerative by design,
and which aims to keep products,
components and materials at their
highest utility and value at all times,
distinguishing between technical and
biological cycles
- Ellen Macarthur Foundation

4.
Sustainable Finance Collective Asia | November 2016 4
Linear economy
Technological
innovations
Circular economy

5.
Sustainable Finance Collective Asia | November 2016 5
Five circular business models by Accenture
Circular Supplies: Provide renewable energy, bio based
or fully recyclable input material to replace single-life inputs
Resource Recovery: Recover useful resources/energy
out of disposed products or by-products
Product Life Extension: Extend working lifecycle of
products and components by repairing, upgrading and reselling
Sharing platforms: Enable increased utilization rate of
products by making possible shared use/access/ownership
Product as a Service: Offer product access and retain
ownership to internalize benefits of circular resource productivity

6.
Sustainable Finance Collective Asia | November 2016
Circular Supplies Resources RecoveryProduct Life Extension Sharing Platforms Product as a Service
Smurfit Kappa
For production of paper and
cardboard company uses
waste from tomato production.
Avantium
Technology firm producing
PEF. PEF is a new polymer
that is 100% plant based and
100% renewable.
Bundles
Renting of laundry machines
on a pay-per-use basis
Netflix
24/7 access to movies and tv-
series based on a pay-per-use
model
Caterpillar
Designs and produces heavy
use products based on
effective and extensive use
and ease of repair.
Examples of the circular economy

7.
Sustainable Finance Collective Asia | November 2016
The rise of Circular Economy in Asia
Used coffee grounds
collected from
Starbucks are turned
into T-shirts, socks, and
soaps by Taiwanese
firm Singtex.
Lighting giant Philips
give office landlords
such as in Singapore
free lights in return for a
share of the energy
saved.
discarded fishing nets are
sold by local communities
to carpet maker Interface
to make fresh carpet tiles.
Home-sharing platforms
Airbnb, PandaBed, car-
sharing services Lyft,
Tripda and goods sharing
apps SnapGoods and Rent
Tycoon
Initiatives to set up
industrial parks that are
designed to create a
circular economic system
that fully utilizes
production-chain
resources.
Taiwan Singapore Philippines
OthersChina

8.
Sustainable Finance Collective Asia | November 2016
Financial implications
Balance sheet
extension
Cash flow
Credit risk
Financing
Reporting

9.
Sustainable Finance Collective Asia | November 2016
Financial industry’s role to play
Other types of
financing
Different view on
collateral
End-of-life policy
Financing of the
value chain

10.
Sustainable Finance Collective Asia | November 2016
Role of Financial
sector
• Other financing
models
• Different view on
residual value
• End of life policy
• Financing the
value chain

11.
Sustainable Finance Collective Asia | November 2016
Case Study – Ajman Wastewater

12.
Sustainable Finance Collective Asia | November 2016
Emirate of
Ajman
300,000 population
Industry around port and inland
Close inter-relationship with Sharjah and Dubai

13.
Sustainable Finance Collective Asia | November 2016
• City with growth of 7% per annum
• 375,000 population in 10 years
• New centralised wastewater system
• Sewers and interconnecting pumping stations
• WWTP with outfall
• 95% connectivity to wastewater network
• Tanker service for non-connected properties
• Improvements to environment and City health
Conclusions

14.
Sustainable Finance Collective Asia | November 2016
• WWTP located within a growing
industrial area
• Industries require potable water for
process and cooling
• High financial cost of potable water
• Few water resources for developing
City
• Variable quality of potable supply due to
high demand
Opportunity

15.
Sustainable Finance Collective Asia | November 2016
Solution
• Tertiary treatment plant built adjacent to WWTP
• Membrane filtration to potable standards
• Supply to high demand nearby industries
• Tariff saving on potable water supply
• Improved reliability of service and ease pressure on natural resources
• Closed loop back to WWTP
• 20% effluent reused in this way
• 40% effluent reused for irrigation
• Unexpected benefit – improvement to stability of WWTP process

16.
Sustainable Finance Collective Asia | November 2016
Ajman Wastewater Concession is a great
success story
Opportunity for wastewater re-use
being realised
Exemplar for efficient wastewater treatment
Conclusions

17.
Sustainable Finance Collective Asia | November 2016 17
www.sfc-asia.com
Closing remarks and Q&A