" ITREALMS: 7 UN entities partner WEF, WBC to address e-waste challenges - ITREALMS

Tuesday, February 19, 2019

7 UN entities partner WEF, WBC to address e-waste challenges - ITREALMS

Seven UN entities have come together, supported by the World Economic Forum, and the World Business Council for Sustainable Development (WBCSD) to call for an overhaul of the current electronics system, with the aim of supporting international efforts to address e-waste challenges, reports ITREALMS.

The report calls for a systematic collaboration with major brands, small and medium-sized enterprises (SMEs), academia, trade unions, civil society and associations in a deliberative process to reorient the system and reduce the waste of resources each year with a value greater than the GDP of most countries.

Each year, approximately 50 million tonnes of electronic and electrical waste (e-waste) are discarded -- the weight of more than all commercial airliners ever made. In terms of material value, this is worth 62.5 billion dollars-- more than the GDP of most countries.

Less than 20% of this is recycled formally. Informally, millions of people worldwide (over 600,000 in China alone) work to dispose of e-waste, much of it done in working conditions harmful to both health and the environment.

The report, “A New Circular Vision for Electronics – Time for a Global Reboot,” launched in Davos 24 January, says technologies such as cloud computing and the Internet of Things (IoT), support gradual “dematerialization” of the electronics industry.

Meanwhile, to capture the global value of materials in the e-waste and create global circular value chains, the report also points to the use of new technology to create service business models, better product tracking and manufacturer or retailer take-back programs.

The report notes that material efficiency, recycling infrastructure and scaling up the volume and quality of recycled materials to meet the needs of electronics supply chains will all be essential for future production.

And if the electronics sector is supported with the right policy mix and managed in the right way, it could lead to the creation of millions of decent jobs worldwide.

The joint report calls for collaboration with multinationals, SMEs, entrepreneurs, academia, trade unions, civil society and associations to create a circular economy for electronics where waste is designed out, the environmental impact is reduced and decent work is created for millions.

Nenye Dom/Editor

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