MBRCGI Websites
|
Ibtekr.org
|
MBRCGI.gov.ae
|
UAE Innovates
|
Edge of Government
|
Pitch@Gov

Mexico's barter market (Mercado De Trueque)

3 minute read
The Government decided to address this challenge and find drastic solutions to promote awareness of the importance of renewable energy sources and the need to reduce greenhouse gases. Consequently, Mexico's barter market project, Mercado de Trueque, was launched to help citizens master recycling.
Share this content

Add to Favorite ♡ 0

The piles of waste are rapidly growing all over the world and they have become a nightmare that haunts many countries, including Mexico. The volume of solid waste generated by Mexico City is estimated at around 13,000 tons per day. Despite the government's continuous efforts to foster a culture of recycling among citizens, recycling does not even exceed 1.28 tons.

The Government decided to address this challenge and find drastic solutions to promote awareness of the importance of renewable energy sources and the need to reduce greenhouse gases. Consequently, Mexico's barter market project, Mercado de Trueque, was launched to help citizens master recycling and separating recyclable waste.

The program provides effective mechanisms to replace certain types of waste, such as plastic, polyethylene terephthalate (PET), tin cans, paper, cardboard, glass containers, and electronic waste, for fresh locally-produced products. The market also incorporates the "green points" mechanism that allows citizens to purchase agricultural products in exchange for their accumulated waste. The market is held every second Sunday of the month and the approved waste weight ranges from a minimum of one kilogram to a maximum of ten kilograms. The price of recyclable waste is higher than the rate set by recycling companies. On another note, the market organizes educational and awareness activities aimed at educating people about the importance of recycling.

Today, nearly seven years after its launch in 2012, the project achieved unparalleled success by attracting 20,000 persons in its first year with the collection os 173,459 tons of waste. The market attracts 4,000 persons per month, replacing 12 tons of waste. The project's impact does not stop here with other regions, such as Xalapa, seeking to replicate Mexico City's project by launching several recycling initiatives.

Subscribe to Ibtekr to stay updated on the latest government initiatives, courses, tools and innovations
Register Now
Subscribe to the Ibtekr's mailing list | every week
Innovators Mailing List
We share with more than 20,000 innovators weekly newsletter that monitors global innovations from all over the world
Subscription Form (en)
More from Ibtekr

Innovative Tools to Safeguard Public Health Against Heatwaves Worldwide

Due to climate change, the intensity and frequency of extreme heatwaves have increased in recent years, becoming a serious threat to public health and ecosystems, in addition to their negative repercussions on various aspects of life and the economy. In response to this challenge, authorities in Australia, the United States, and Hong Kong have launched innovative initiatives to mitigate the effects of extreme heat. These solutions focus on enhancing resilience in dealing with high temperatures through various measures that combine technology and practical tools, including proactive measures, readiness, real-time data, and effective public communication.

 · · 21 April 2024

Seoul Aspires to Become the Global Hub for Robotics

In the face of the population aging phenomenon and the shrinking workforce, the government of the South Korean capital, Seoul, is turning to robots to bridge the supply and demand gap in the local economy. They have started employing robots to provide services, support local developers' projects, and established a specialized research center. In doing so, they aim to harness technology to overcome serious challenges in their human capital.

 · · 21 April 2024

France Introduces National Label to Combat Food Waste

Driven by environmental commitment and social responsibility, the French government seeks to find solutions for food waste by educating consumers, considering them as the key to solving the equation. Laws have been enacted obligating institutions to donate surplus food, and a national label has been awarded to entities demonstrating greater dedication in the journey against waste.

 · · 21 April 2024

Promoting Responsible Artificial Intelligence Adoption in Singapore 

Singaporean authorities have revealed a framework and a set of innovative testing tools that assist companies across various sectors in enhancing governance, transparency, and accountability in their artificial intelligence (AI) applications.

 · · 29 January 2024

Lessons in Circular Economy from the Finish Experience 

In the past few years, Finland has become a hub for circular economy. The country aims to curb the use of natural resources by 2035 and has committed to achieving climate neutrality by 2035. The road towards this goal cannot be reached without circular economy. Finland outlined a clear circular economy roadmap guided by supportive […]

 · · 29 January 2024
1 2 3 79
magnifiercrossmenuchevron-down