E-Waste Systems has partnered with Green Initiatives for the first city-wide non-profit e-waste recycling program in Shanghai, China.
The final destination of approximately 70 percent of the world’s annual 500 million tons of electronic waste is China. The majority of e-waste import activities are based in and around China’s main ports. According to official statistics, more than 40 million tons of this solid waste was imported in 2010, with an industrial output value of around $23.7 billion.
In 2010 the e-waste recycling and reuse services market value totaled close to $6.8 billion, up from $6.2 billion in 2009. Industry growth is expected to continue through the next decade, with collection services alone more than tripling by 2020. In 2010, China is estimated to retain the largest market share, in terms of value, with approximate share of 23.7 percent.
E-waste drop boxes will be installed strategically throughout Shanghai, and a public information campaign will begin. It will extend to other cities, organizers say.
Photo: Thomas Fischler Flickr photostream