Inconsistency In Cross-Border Regulation Challenge To Effective Control Of Illegal Waste Trafficking
Illegally Traded and Dumped E-Waste Worth up to $19 Billion Annually Poses Risks to Health, Deprives Countries of Resources,
Says UNEP report
Each year, the electronic industry – one of the world’s largest and fastest growing – generates up to 41 million tonnes of e-waste from goods such as computers and smart phones. Forecasts say that figure may reach 50 million tonnes already by 2017.
A staggering 60-90 per cent of this waste is illegally traded or dumped, according to UNEP’s “Waste Crimes, Waste Risks: Gaps and Challenges In the Waste Sector”, launched today in Geneva, at the Conference of Parties to the three major conventions addressing the global waste issue, the Basel, Rotterdam and Stockholm Conventions.
The International Criminal Police Organization (INTERPOL) estimates the price of a tonne of e-waste at around US $500. Following this calculation, the value of unregistered and informally handled, including illegally traded and dumped e-waste ranges from US $12.5 to US $18.8 billion annually.