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Showing posts from March, 2024

Circular Economy in India: Exploring Circular Jobs & Economic Growth

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  People who are invested in the concept of sustainability are more or less aware of circular economy model. India’s shift to circular economy model holds extensive potential to develop circular jobs that eventually drive sustainable economic growth. Taking into account a report by the World Economic Forum, up to 50 million jobs can be produced with an estimated economic impact of $15 trillion. International Labour Estimates or ILO also estimates that the move towards green and sustainable practices might have an outcome of 24 million jobs by 2030. And, in this, around 18 million is directly related to renewable energy, energy efficiency, waste management, and additional resource-efficient spheres.  What is Circular Economy?  Circular economy is an economic model that aims at eliminating waste and pollution by preserving resources and utilizign them for the longest time possible. This is carried out by designing products that are convenient, reusable, remanufacturable...

The Future of Battery Recycling: Trends and Forecasts

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  If you have noticed the rising energy needs, you might have also noticed the upsurge in technological progress accompanying it. In this whole process, lithium-ion batteries have paved their way as the powerhouses behind the clean energy transition. Starting from mobile phones to renewable energy storage, batteries play a vital role in making us stay connected and sustainable. However, the immense growth in battery consumption has resulted in the inquiry into the proper ways of disposing of these batteries so that it doesn’t affect the ecology. In the whole course of understanding the correct way of battery waste disposal, the battery waste rules  have been created. To talk about some forecasts, the global battery recycling market is valued at USD 26.9 billion in 2023 and is projected to reach USD 54.3 billion by 2030, thereby showing a growth of 10.5% CAGR during the forecast period. The market has observed steady growth throughout the study period and is expected to continu...

Waste Collectors and EPR in India

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Extended Producer Responsibility or  EPR in India  has been gaining traction because of all the right reasons. The main driving factor behind this movement is to address the rising issue of electronic waste across the nation and the world. EPR is a part of circular economy model where the responsibility for handling electronic waste has been transferred from municipal authorities to the producers of the waste materials, backed by recyclers and retailers. But, in this complete scenario, the waste pickers are not offered enough mention despite their collecting and filtrating the waste. This blog will delve deeper into the roles of waste pickers concerning EPR in India. According to the International Labour Organization (ILO), explains the informal sector in waste management as ‘individuals or small and micro-enterprises that intervene in waste management without being registered and without being formally charged with providing waste management services.’ These waste pickers are...

Growing Concern About E-Waste in India

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According to the United Nation’s Global E-Waste Monitor 2020, India has ranked as the world’s 3rd largest e-waste generator followed by China and the USA. We are living in an era when technology has taken centre stage. As a result, every other person is immensely dependent on their electronic devices for forwarding their livelihood. A very important feature that adds to the advancement in technology is the increasing affordability of internet access. This boost in electronic adaptation has contributed greatly to enhanced living standards for a considerable percentage of the global population. But, no matter how helpful this growth in technology feels like, like every other activity, it also has a drastic downside - excess electronic waste and improper e-waste management.  E-Waste Management  Issue Explained E-waste or electronic waste can be explained as the number of electronic and electrical equipment that are nearing the end of their functional lifespan or becoming obsolete...