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Icelandic Recycling Fund

Suðurlandsbraut 24 
05 Reykjavík

phone: +354 517 4700
fax:+354 517 4709

Ólafur Kjartansson
Managing Director

Íris Gunnarsdóttir
Project Manager

 or iris@irf.is
Telephone: +354 517 4706
Mobile : +354 660 4706

Icelandic Recycling Fund

The Recycling Fund is a state-owned agency, responsible to the Minister for the Environment and Natural Recourses. In order to ensure the best possible outcome of agency activities, its Board is composed of the representatives of those who have the greatest interest in waste handling being as efficient as possible, i.e. representatives of municipalities and the commercial sector.

The six directors on the Recycling Fund Board are appointed by the Minister for the Environment and Natural Recourses for four-year terms. The Minister appoints the Board Chairman without a nomination, along with one director upon a mutual nomination by the Federation of Icelandic Fish Processing Plants and the Federation of Icelandic Fishing Vessel Owners, one director from the Federation of Icelandic Industries, one director from the Federation of Trade and Services and one director from the National Association of Local Authorities in Iceland.

The Fund applies economic incentives to establish practical arrangements for processing waste, which means providing the monetary prerequisites so that businesses in the market will realize the benefit of involving themselves in the processing program. It is for this reason that the Fund contracts out waste processing, based on tenders or task contracts, and uses the recycling fee to pay the expenses.

The Icelandic Recycling Fund has a staff of five people.

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