Did You Know?
An eco-industrial park is a community of businesses located on a common property in which businesses seek to achieve enhanced environmental, economic and social performance. This is known as industrial symbiosis, which is a means by which companies can gain a competitive advantage through the physical exchange of materials, energy, water and by-products, thereby fostering inclusive and sustainable development. Eco-industrial park development aims to embed industries through the creation of shared economic opportunities, improved ecosystems and innovative avenues for responsible business practices, including through cluster development. Among their many benefits, eco-industrial parks promote resource efficiency and circular economy practices, also helping to bridge the gap between cities and industries. UNIDO’s approaches for eco-industrial parks are based on international experiences. These approaches focus on both new and existing industrial parks, covering the development process from scoping and concept development, pre-feasibility studies, design and construction, park operation to redesign and optimization of industrial parks.