Today, e-waste management has become one of the prime focus areas for governments across the globe. Many of the countries are increasingly defining e-waste management policies to address concerns with growing volume of e-waste, to create awareness for e-waste management practices, and to define ownership and responsibility of different stakeholders in the electronic devices industry. In order to reduce the amount of e-waste and sustain the environmental health; government, profit & non-profit organizations, and few others are taking initiatives for e-waste management.

Such efforts are gradually driving consciousness among consumers about the surrounding world, the changes occurring in the environment due to human generated waste materials, the cause and effect of the generated waste on the quality of the environment and human behaviour, and a sense of responsibility of preserving environment from the hazardous effect.

Government organizations and other agencies are actively engaging all stakeholders in different channels of e-waste generation to ensure proper collection, disposal, and/or recycling & reuse of e-waste.

Below are few initiatives taken for e-waste management during 2014-2019.

  • In 2019, the Nigerian Government along with the Global Environmental Facility (GEF) and UN Environment defined a program to collect, treat, and dispose of more than 270 metric tons of e-waste contaminated with persistent organic pollutants and 30 metric tons of mercury-containing waste. This is mainly to end up the improper management of e-waste in Nigeria.
  • In 2018, the U.S. Environmental Protection Agency (EPA) partnered with electronics OEMs and retailers. These partners use certified electronics recyclers for managing e-materials collected in the U.S.
  • In Malaysia, in 2018, Education for Sustainable Consumption and Production (ESCP) Curriculum and Teaching Guide for Secondary Educationwas introduced into the school syllabus to educate and create awareness among the younger generation.
  • The Philippine Environmental Education Action Plan 2018-2040 aims to educate the young generation to play their role as responsible citizens in achieving the Sustainable Development Goals (SDGs)by enhancing sustainable practices as a common culture among Filipinos.
  • In 2016, The government of Egypt partnered with the Sustainable Recycling Industries (SRI) to build the capacity and raise awareness towards environmentally sound, efficient, and sustainable e-waste recycling.

Thus, growing consumer awareness towards environmental issues through various initiatives is expected to drive consumer efforts towards maintaining environmental sustainability. Similarly, timely upgradation of government policies to maintain e-waste generation and management of e-waste is also expected to entail the assignment of responsibilities to key stakeholders in the e-waste value chain through Extended Producer Responsibility (EPR). Such initiatives are expected to result in greater demand for e-waste management services over the coming years, in turn creating growth opportunities for e-waste management service providers.

According to Meticulous Research®, initiatives for e-waste management are expected to fuel the e-waste management market growth, at a CAGR of 1.8% to reach $45.78 billion by 2025.

Browse In-depth Report on https://www.meticulousresearch.com/product/e-waste-management-market-5003/

Tags: E-Waste Management Market IT & Telecom Equipment Industrial Electronics Medical Equipment 3D Printed Electronics Industrial 3D Printing 3D Printing Material

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