During the “2024 ISPIM Innovation Conference - Local Innovation Ecosystems for Global Impact" on 9 -12 June 2024 in Tallinn, Estonia our partner LAB University of Applied Sciences participated and presented the Wast4Soil project.
During the Conference, the project results were presented as a poster entitled “Defending the Best Practices in the Valorisation of the Food Processing Residues".
The Waste4Soil project (LAB UAS 2024) aims at developing sustainable and circular business models for the valorization of Food Processing Residues (FPR) and turning those into soil improvers. In the initial phase of the project, the related existing good practices were surveyed by gathering information, e.g. from the results of previous projects. There are existing tools for evaluating the maturity of technical solutions, such as technology readiness level (TRL) and business readiness level (BRL). Still, there was no ready set of criteria for a broader review. By following the principles of the circular economy, financial benefits can be achieved, but the environmental effects can even be negative – or the other way around (Allwood 2014). Moreover, the circular economy concept does not always consider social sustainability (Geissdoerfer et al. 2017). A more holistic approach is required to avoid possible trade-offs.
To know more read the article: https://www.labopen.fi/lab-pro/sustainable-business-models-for-valorizing-food-processing-residues/