So the stuff they collect doesn't need 12 different kinds of bags/bins, and the (financial) incentives are correctly aligned. I think it's a good system and pretty convenient, but I'd wish they recycle & process the waste even better afterwards. But the hardest part – getting the population on board – seems to be well-established.
Recycling is difficult, some materials are relatively easy (aluminium cans, steel), some not so much (plastics f.e. tend to degrade, some materials are energy intensive to recover). Contaminants are a major issue that still need more public awareness. But we're going in the right direction.