E-Waste Revolution: Unveiling Opportunities in the Digital Discard Market
Overview
When used electronics reach the end of their usable lives and are discarded, donated, or given to a recycler, they are referred to as e-waste, electronic waste, e-scrap, or end-of-life electronics. The UN describes e-waste as any abandoned goods that have a battery or plug and contain hazardous and toxic materials like mercury that can seriously endanger both human and environmental health.
E-waste is the waste created when electrical products are discarded. The electronic products are discarded every few years in the electronic-driven world of rapidly evolving technology. They include, among other things, batteries, televisions, freezers, laptops, tablets, computers, and mobile phones. The newest models supplant the outdated ones as new technology renders them obsolete. It is frequently thought to be more convenient to get rid of broken equipment than to fix it when it is not functioning correctly. It might be because of the frequently prohibitive prices of both repairs and parts.
Major Environment Impacts of E-Waste
Over the past ten years, the production of e-waste has risen by 2 Mt yearly on average. By 2030, the amount of electronic waste generated worldwide is anticipated to increase to 74.7 Mt, nearly doubling in just 16 years.
Conclusion
It is now more crucial than ever to protect our ecosystem as global warming and climate change reach their peak. The effects on the ecosystem can be minimised through sustainable resource use. One method for ensuring the safety of our ecosystem is the recycling of e-waste.
Materials like metal, copper, glass, aluminium, lithium, plastic, and more can be recovered by recycling e-waste. According to one study, e-waste had a raw material worth of about 55 billion euros in 2016. Additionally, these materials are put back into the supply chain to make new products, minimising the environmental effect and the release of hazardous materials into the environment. Thus, generally improving the sustainability of modern electronics production which as a result, supports a circular system.
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Author: Suryansh Verma
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