An eco-industrial park (EIP) is an industrial park in which businesses cooperate with each other and with the local community in an attempt to reduce waste and pollution, efficiently share resources (such as information, materials, water, energy, infrastructure, and natural resources), and help achieve sustainable development, with the intention of increasing economic gains and improving environmental quality.[1] An EIP may also be planned, designed, and built in such a way that it makes it easier for businesses to co-operate, and that results in a more financially sound, environmentally friendly project for the developer.
The Eco-industrial Park Handbook[2] states that "An Eco-Industrial Park is a community of manufacturing and service businesses located together on a common property. Members seek enhanced environmental, economic, and social performance through collaboration in managing environmental and resource issues."
Based on the concepts of industrial ecology, collaborative strategies not only include by-product synergy ("waste-to-feed" exchanges), but can also take the form of wastewater cascading, shared logistics and shipping & receiving facilities, shared parking, green technology purchasing blocks, multi-partner green building retrofit, district energy systems, and local education and resource centres. This is an application of a systems approach, in which designs and processes/activities are integrated to address multiple objectives.
EIPs can be developed as greenfield land projects, where the eco-industrial intent is present throughout the planning, design and site construction phases, or developed through retrofits and new strategies in existing industrial developments.