LOCATION:
Nigeria
TARGET GROUP:
CHALLENGES:
Lack of environmentally friendly e-waste recycling in many low- and middle-income countries due to the lack of a sustainable international financing model
SOLUTION:
The project further develops a novel international financing mechanism for e-waste (Waste Compensation) to include batteries and monitors. An opportunity is created for the electronics industry and users of electronics to participate in this project, strengthening and further developing the e-waste recycling sector in Nigeria as well as helping to further advance this concept internationally.
DESCRIPTION:
In e-waste recycling, heavy pollution and human health risks are a challenge as sustainable recycling is not profitable in the given context. Financial support, provided by producers and consumers, is needed to finance sustainable recycling practices forwarded by a functioning business model.
The project main objective is to advance the concept of ‘waste compensation’ where international brands and users of electrical and electronic equipment can contribute to a sound management of equivalent e-waste volumes in developing countries.
Sub-objectives are:
Q3 2021
Feasibility for ESM of Li-Ion batteries and flat panel displays finished
End 2021
20 tonnes of batteries and monitors collected and soundly recycled
Mid 2022
Waste compensation mechanism for monitors and/or batteries launched