Beijing, 22 March 2019 \u2013 The value of metals discarded as electronic waste in China will total $23.8 billion USD by 2030, a sum that can be reclaimed through recycling and \u201curban mining\u201d at cheaper costs than retrieving the same amount of metals through virgin ore mining, according to new research from Greenpeace East Asia.<\/p>\n\n
This presents a huge opportunity to generate wealth through circular economy. China is in a unique position to take advantage, since it is both a large-scale manufacturer and consumer of electronics.<\/p>\n\n
Ada Kong, a Beijing-based senior program manager with Greenpeace East Asia, said: \u201cE-waste is the fastest growing waste stream in China, and it is rich in precious metals. Generally, the three key criteria to build a functional circular economy are supply of used products, demand for recycled materials, and open lines to transport materials. China has all three in abundance.\u201d<\/p>\n\n
E-waste from computers, mobile phones, and other electronics will reach 15.4 million tons by 2020 and 27.22 million tons by 2030, growing at an average annual rate of 10.4%. To look at the potential of this waste, Greenpeace projected three different e-waste recycling scenarios for two common types of e-waste: computers and mobile phones. The first scenario, \u201cbusiness as usual,\u201d keeps e-waste recycling at current rates. The second, \u201cUS 2014 target,\u201d corresponds to recycling rates seen in the United States in 2014. The third, \u201cEU 2019 target,\u201d projects the European Union\u2019s 2019 targets onto the Chinese market.<\/p>\n\n
If China\u2019s e-waste recycling rate reaches the EU 2019 target, 85% recycling of both computers and mobile phones, the amount of energy conserved through \u201curban mining\u201d of recycled metals will be around 30 billion kilowatts (kWh). That would offset 22 million tons of carbon emissions otherwise generated through virgin mining. That is the amount of emissions that 52,000 flights between Beijing and New York on a Boeing 747-400 airplane would generate.<\/p>\n\n
Kong said: \u201cThe economic potential of e-waste recycling is obvious. What we need now is a stable flow of used products getting to recyclers to kickstart the loop. Electronics brands enjoy wide profit margins, and should incentivize consumers to recycle unused products, and not just to discard or hold on to out-of-use products. Longer product life, including repairs and designing more durable products, is also important.\u201d<\/p>\n\n
The government, electronics brands, manufacturers, investors, and the public each can play a role to develop circular economy in China, and each can profit. Investment in the \u201curban mining\u201d industry, reliable and transparent information on the recycling market, and a stronger focus on design, for more durable and repairable devices, can all support the development of an e-waste circular economy.<\/p>\n
August Rick | Greenpeace East Asia, Beijing | +86 15528189404 |\u00a0august.rick@greenpeace.org<\/a>