What are EIPs?

ECO-INDUSTRIAL PARKS (EIPs)

A commitment to inclusive and sustainable industrial development.

They are a group of companies from different productive sectors located within the same territory, known as a “Park,” whose management is carried out collaboratively to optimize processes and the use of resources. EIPs are a commitment to inclusive and sustainable economic development, as they implement policies and procedures that improve their performance and impact at the environmental, economic, and social levels.

ECO-INDUSTRIAL PARKS (EIPs)

A commitment to inclusive and sustainable industrial development.

They are a group of companies from different productive sectors located within the same territory, known as a “Park,” whose management is carried out collaboratively to optimize processes and the use of resources. EIPs are a commitment to inclusive and sustainable economic development, as they implement policies and procedures that improve their performance and impact at the environmental, economic, and social levels.

At first, sustainable business practices were largely ignored by most companies operating in Industrial Parks; however, governments and the private sector have recently begun to support a more modern and sustainable investment regime for Industrial Zones.

For this reason, the concept of the Eco-Industrial Park (EIP) is increasingly recognized as an effective tool to address challenges related to inclusive and sustainable industrial development

within the scope of the Sustainable Development Goals (SDGs).

An Eco-Industrial Park (EIP) can be defined as a community of manufacturing and service companies, co-located on a shared site. Member companies seek to improve environmental, economic, and social performance through collaboration in managing environmental matters and resources.

BENEFITS OF EIPs

UNIDO’s international experience shows that Eco-Industrial Parks are useful vehicles for sustainable economic development in developing countries and transition economies. The types of economic, environmental, and social benefits of EIPs vary widely and go beyond the conventional benefits of a business case. Resident companies strive for better environmental and social performance through their own processes and also seek collective action to turn environmental challenges into business solutions through efficient resource use, cooperation, and shared infrastructure.

EIPs are competitive and offer decent work opportunities, help reduce environmental impacts, build a stronger reputation among key stakeholders, and improve access to finance and technical support. Some of the benefits of EIPs include:

BENEFITS OF EIPs

UNIDO’s international experience shows that Eco-Industrial Parks are useful vehicles for sustainable economic development in developing countries and transition economies. The types of economic, environmental, and social benefits of EIPs vary widely and go beyond the conventional benefits of a business case. Resident companies strive for better environmental and social performance through their own processes and also seek collective action to turn environmental challenges into business solutions through efficient resource use, cooperation, and shared infrastructure.

EIPs are competitive and offer decent work opportunities, help reduce environmental impacts, build a stronger reputation among key stakeholders, and improve access to finance and technical support. Some of the benefits of EIPs include: