E-waste Recycling- Data Insights, Trends & Opportunities!!
Editorial Note:
Electronic waste (e-waste) from electronic, electrical, and IT sectors poses a significant environmental concern globally. Technological advancements result in rapid obsolescence of electronic devices, leading to increased toxic e-waste. Developed and developing countries face challenges in disposing and recycling e-waste, with developed nations sometimes dumping it in other countries. Improper e-waste management can harm the environment and human health.
Electronic waste—any product with a plug or battery—contains hazardous components like mercury and poses serious environmental and health dangers. E-waste is rising rapidly due to greater consumer demand, limited repairability, shorter product lifespans, and inadequate recycling infrastructure.
Electronic waste (e-waste) #recycling is crucial in influencing policy choices, investment plans, and technological progress for various reasons such as:
Latest news and trends:
EPR policy holds producers accountable for recycling products, aiming to promote eco-friendly product design and reduce waste and pollution. Companies can meet waste management obligations by managing their waste or buying EPR certificates. This aim to improve transparency, efficiency, and compliance with guidelines. The platform will operate under Central Government regulations based on CPCB recommendations.
As per UN, the world generated 62 billion kg of e-waste in 2022, projected to reach 82 billion kg by 2030. The Global E-waste Monitor 2024 emphasizes prevention as the best solution. E-waste generation surpasses recycling due to technology advancements, consumption, limited repairs, short product lifecycles, electronification, and insufficient recycling infrastructure.
Approximately 16 billion kg is recycled in high-income countries, 18 billion kg informally in low-income countries, and 14 billion kg is likely disposed of in landfills.
As the worldwide e-waste situation worsens, rapid action is needed. Without considerable recycling advances and a global drive toward sustainable production and consumption, the world faces major environmental issues.
India managed to collect and dismantle only one-third of the e-waste produced in FY22. Haryana and Uttarakhand contributed to 56% of the total in FY22. As per CPCB, e-waste generated from 21 types of electronic equipment increased to 16,01,155 Tonnes in FY22 from 13,46,496 Tonnes in FY21. This amount is relatively low compared to other global economies. In FY22, Haryana led in e-waste collection with 245,016 Tonnes, followed by other states.
By the end of February of this year, India's total solar energy capacity has surpassed 75 Gigawatts (GW), according to the most recent report from the Central Electricity Authority (CEA). Within the next three decades, the nation is projected to require a total solar capacity of 292 gigawatts (GW) by the year 2030. In addition to adding solar power to the Indian grid, the country is expected to generate a million Tonnes of solar garbage. Due to the 25-year lifespan of most solar installations, premature retirement of many modules to be replaced by higher-efficiency modules may hasten the waste issue. Depending on essential mineral prices, the worldwide solar recycling business, estimated at $250 million this year, might reach $2 billion by 2032.
Brief Global Insights on E-waste:
Approximately $62 billion in recoverable elements including iron, copper, and gold enter e-waste landfills annually. E-waste will climb 33 percent by 2030, while recycling may drop to 20%. The graph below shows this growth: purple is market EEE, black is e-waste, and green is recycled.
Read more on: https://tinyurl.com/4mvm37w2
Why E-waste is so critical in clean energy transition?
E-waste holds precious and base metals like copper, gold, silver, nickel, palladium, and rare earth elements (REEs). By recycling e-waste, we can reclaim these valuable resources, lessening the dependence on new material extraction. This conservation of resources is crucial for advancing the development of eco-friendly technologies like solar panels, wind turbines, and electric vehicle batteries.
Amazing facts on “Nickel”:
Do you know?
?Nickel’s industrial applications:
(Source- Nickel Institute)
Challenges:
Opportunities Ahead:
Fostering collaboration among stakeholders from various industries, governments, and academia is essential for driving innovation, advocating responsible sourcing, and navigating the challenges presented by the changing nickel landscape.
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Global Data and Trends:
Electronic waste rising 5 times faster than the documented e-waste recycling (As per UNITAR)
(Source- Global e-waste monitor 2024)
E-waste Generation and Collection- Continent Wise:
(Source- Global e-waste monitor 2024)
Resource Recommendations- (Knowledge Resource):
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From Recycle Karo Team!!