Economic Benefits of Recycling

Recycling has economic as well as environmental benefits. These are:

1. Recycling contributes to the circular economy where everything is a resource, not a waste. Properly executed recycling programs are less costly to the government, taxpayers and business owners than waste programs.

2. Studies show that by continuing to drive positive recycling habits, the United States could create more than a million jobs a year. For every job created in the waste management industry, recycling creates four jobs.

3. It is cheaper than waste collection and disposal. Therefore, the more you recycle and the less waste you throw in the trash, the more money you save to use for households, businesses and local utilities.
Your recycling efforts also pave the way for a greener future by creating new jobs such as collecting, transporting, processing, manufacturing, packaging and selling recycled products.

4. When materials are recycled locally, the recycling process creates more jobs, boosting your local economy and creating a better future for everyone.

5. Recycling can stimulate the tourism industry of countries. A clean environment is welcoming and attracts environmental enthusiasts worldwide. This influx of tourists will also contribute to a country's foreign exchange reserve.