The Nigerian government, the Global Environment Facility (GEF) and UN Environment today launched a new $15 million initiative to turn the tide on e-waste in Nigeria. A global model for a circular electronics system, the project was announced at the Forum’s Annual Meeting 2019 and will kickstart a sustainable electronics economy in Nigeria, protecting the environment while creating safe employment for thousands of people. The initiative will transform Nigeria’s current informal and hazardous recycling into a formally legislated system that benefits all actors by including a small fee on the sale of electronics to subsidise formal recycling. With 100 times more gold in a tonne of e-waste than in a tonne of gold ore, alongside other scarce and valuable materials such as platinum, cobalt and rare earth elements, a safe and efficient recycling industry has huge economic potential. According to the International Labour Organization, up to 100,000 people work in the informal e-waste recycling sector in Nigeria, and over half a million tonnes of discarded appliances are processed in the country every year. Yet waste that is considered to have no economic value is often dumped or burned – releasing pollutants like heavy metals and toxic chemicals into the air, water and soil. The initiative will develop systems for the disposal of non-usable and toxic waste, aiming to collect, treat and dispose of more than 270 tonnes of e-waste contaminated with persistent organic pollutants and 30 tonnes of waste containing mercury. The project also aims to have an impact beyond Nigeria through the development of a practical circular electronics model for Africa and beyond, by sharing best practices, promoting regional and global dialogue, and engaging global manufacturers.
SOURCES: WORLD ECONOMIC FORUM