Blog

If 2024 was a year of adjustment and 2025 is a year of selective growth, 2026 is shaping up to be a sorting mechanism: the projects and platforms that are genuinely aligned with the new rules of the game will scale rapidly; the rest will struggle for attention.

The project finance ecosystem is experiencing what can only be described as a convergence of disruptive forces. Unlike previous market cycles driven by single factors—such as the 2008 financial crisis or the early pandemic disruptions—today's challenges stem from multiple, interconnected pressures that are fundamentally altering project economics and financing availability.

Most developed economies are edging toward circular-economy targets that require steep landfill-diversion rates, stringent methane-reduction pledges, and a steady ramp-up of renewable-energy portfolios. WtE technology sits squarely at the intersection of these imperatives.