UN Study Predicts Massive Surge in Global E-Waste Tonnages
The latest report published by Solving the E-waste Problem (StEP) Initiative backed by the United Nations University in association with UN Environment predicts massive growth to global electronic waste tonnages. The report refers e-waste as the world’s fastest growing solid waste stream.
According to the report, the amount of electronic waste is likely to more than double by 2050 to reach nearly 111 million tonnes per year.
The report highlights the need for drastic changes in the electronics recycling sector to positively address the problems created by rapidly evolving technologies. The business process needs a thorough revamp, in order to effectively create a sustainable production and consumption system for electronics.
Although several policies and regulations have been put to place, there has been no substantial improvement in the way electronic waste is treated across the globe. The global collection rates of e-waste averages only around 20%, essentially meaning that most of the generated e-waste are not treated properly, the report said.
The businesses in electronics sector should take responsibility in building a more circular economy in the sector. The industry must be forced to comply with stricter regulatory obligations. The shift to circular business practices will help in reducing the negative impacts of e-waste. Only significant efforts from all stakeholders will ensure sustainable production and consumption system for electronic products, the report added.
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