In the rural areas of some developing countries, bio-waste is a problem and so is the degradation of arable land through soil erosion and moisture loss. A new deal on the Maximpact platform offers a solution to both of these challenges for farm communities in rural Mali.
Working with the Malian government, Transcarbon, a consulting firm that advises on sustainable development, has come up with a plan that will allow farmers to add value and increase production by transforming bio-waste into fertilizer.
It consists of a program to construct small-scale, efficient, low-cost composting stations to treat waste that is normally left to decompose without control or recovery. The compost can be used to restore soil fertility, increase crop yields and reduce consumption of chemical fertilizers while at the same time improving sanitation in the villages.
The economic benefits to Malian rural communities include job creation – an average of five jobs will be created in each village; and increased incomes through selling the compost. There’s also potential to earn carbon credits from methane reduction.
For private sector investors, the outlook is also positive. The per-feasibility analysis carried out by Transcarbon shows that the project carries a low technical risk, has both strong commercial viability and value proposition, and has solid potential for replication and scalability. Desk and field due diligence are complete and the detailed project proposal has been finalized.
[Image credit: michelealfieri / 123RF Stock Photo]