China's recyclable e-waste to double in value to $24 billion by 2030: Greenpeace
Rising levels of consumption may drive the economic value of recyclable metals up by 2030. The potential value of recyclable metals in discarded mobile phones, laptops and desktop computers in China will more than double to around $24 billion by 2030, environmental group Greenpeace forecast on Thursday. China, the world’s largest mobile phone market, is trying to promote recycling of electronic waste, or e-waste, to improve its environment, cut costs and ease its dependence on foreign resource imports. In a report carried out with the China Association of Electronics for Technology Development, Greenpeace said rising consumption levels would take the potential economic value of recyclable metals in mobile phone and computer motherboards to 160 billion yuan by 2030. In tonnage terms, China’s e-waste is seen rising from 13 million tonnes in 2018 to 15.4 million tonnes in 2020 and 27.2 million tonnes in 2030, at an average annual growth rate of 10.4 percent.
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