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Unlocking the hidden $10 billion treasure in E-Waste

October 13, 2023

Illuminating the overlooked crisis of “Invisible E-Waste,” a hidden trove of $10 billion (€9.5 billion) in recyclable materials from discarded electronics comes into focus, sparking a global call to action to elevate recycling and consumer awareness, as presented by the WEEE Forum on International E-Waste Day.

Highlighting a concealed yet burgeoning crisis, the International E-Waste Day, spearheaded by the Waste Electrical and Electronic Equipment (WEEE) Forum, reveals a startling $10 billion / €8.5 billion in recoverable essential raw materials annually classified as “Invisible E-Waste”. This encompasses items such as vapes, e-toys, cables, and power tools, which, despite not being typically recognized as e-waste, annually generate a colossal 9 billion kilograms of unnoticed electronic waste. Strikingly, this equates to the weight of around half a million 40-tonne trucks, creating a hypothetical line from Rome to Nairobi.

E-toys alone contribute approximately 3.2 billion kg, with about 7.3 billion items discarded annually, translating to an average of one per global citizen. Further, discarded vapes weigh as much as six Eiffel Towers, while 950 million kg of valuable and recyclable cables are thrown away, enough to encircle Earth 107 times. The economic and environmental repercussions are significant, particularly with the increasing global demand for materials like copper, expected to soar six-fold by 2030 in Europe, and lithium, designated as a ‘strategic raw material’ by the European Commission.

Most of these economically and environmentally valuable materials are unceremoniously discarded, emphasizing a gross economic loss and presenting serious environmental challenges and waste management strains. Pascal Leroy, Director-General of the WEEE Forum, notes that the unrecognized recyclable potential and lack of awareness about the hazardous materials in such e-waste result in its exclusion from recycling processes.

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For Magdalena Charytanowicz of the WEEE Forum, the solution partially lies in raising awareness in a manner analogous to the strategies used to tackle plastic pollution, aligning efforts for a UN treaty on plastics by 2024. The message is further echoed by Virginijus Sinkevi?ius, European Commissioner for the Environment, affirming the commitment to robust e-waste management systems, which simultaneously safeguard the environment and enhance the value chain.

The invisible e-waste issue underscores the intricate connection between environmental sustainability, economic conservation, and consumer awareness. As stakeholders navigate towards sustainable practices, a collaborative effort among consumers, regulators, and recyclers to innovate within the Extended Producer Responsibility (EPR) system is imperative, culminating in a resource-efficient and environmentally responsible global society.

Categories : World Focus

Tags : Business Europe Recycling Reuse WEEE WEEE Forum

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