Analysis of the Business Model of Waste Bank in Indonesia: A Preliminary Study.

HAZARDOUS wastes; SEWAGE disposal; WASTE management; ENTREPRENEURSHIP

The waste generation growth in Indonesia has reached 64 million tons in 2015 and shown increasing trend overtime. This issue occurs because of the people's habits in handling waste by disposing it into open sewage or disposal without sorting organic and inorganic waste with no further processing. To overcome this issue, a waste management initiative, namely "Waste Bank", has been implemented recently in Indonesia. As one of the community-driven initiatives, the waste bank existence can influence patterns of behavior and economy of the society. This study aims to explore the implementation of waste bank in Indonesia. To achieve the objective, the business model of waste banks in Indonesia are analyzed by synthesizing secondary data related to the waste bank's strategy and its impact in Indonesia. Waste banks that exist in Indonesia in terms of business model are classified into four groups: savings, health, community entrepreneurship, and energy. [ABSTRACT FROM AUTHOR]

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