In modern conditions, the problem of waste processing is one of the most difficult and important. Traditionally in Russia, waste is processed by storing at landfills or burning. These methods are environmentally hazardous. The use of waste as raw materials is more promising. This requires new technological and economic developments. The purpose of the study is to form a new business model of ecologically balanced reproduction of fuel resources from waste, and the development of this business model both in technical, and in economic and organizational aspects. This business model will be an element of the development of a green economy. The basis of the research methodology was the concept of sustainable development. The study used methods of environmental, technological and economic analysis, data processing tools, organizational design, business modeling and forecasting. The main results of the research are the new business model of ecologically balanced reproduction of fuel resources from waste and the recommendations of its use at regional and municipal level. Economic and environmental effects were evaluated from the use of the proposed business model. The practical value of the results consists in the possibility of using them: by regional (municipal) authorities - when creating an enabling environment for the life of the population and organizing environmentally balanced waste processing; investors - when launching commercially effective projects of waste recycling.