- Jan 26, 2024
- 2,730
- 902
- Axis Group
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: this_feature_currently_requires_accessing_site_using_safari
![]()
Bangladesh significant contributor to economic loss due to inadequate e-waste mgmt: ITU
The global loss due to inadequate e-waste management practices amounts to $37 billion annually, with Bangladesh being a significant contributor, according to a study conducted by the International Telecommunication Union...www.newagebd.net
Bangladesh significant contributor to economic loss due to inadequate e-waste mgmt: ITU
Taufiq Hossain Mobin 03 July, 2024, 22:46
View attachment 6736
Old and worn-out electronic devices are seen at a shop in the capital Dhaka recently. The global loss due to inadequate e-waste management practices amounts to $37 billion annually, with Bangladesh being a significant contributor, according to a study conducted by the International Telecommunication Union. | New Age photo
The global loss due to inadequate e-waste management practices amounts to $37 billion annually, with Bangladesh being a significant contributor, according to a study conducted by the International Telecommunication Union.
The report 'The Global E-WASTE Monitor 2024' published by the ITU, a specialised agency of the United Nations, Bangladesh is one of the largest e-waste generators in the South Asian region and the country generated 367 million kilograms of e-waste in 2022 at a rate of 2.2 kilograms per capita.
The report defined e-waste as the waste stream that contains both hazardous and valuable materials generated from disposed electrical and electronic equipment.
The UN agency published statistics of e-waste generation in 193 countries based on the data for the year 2022, showing that a record 62 billion kilograms of e-waste were generated globally in 2022, averaging 7.8 kilograms per person a year.
The report explained that despite gaining $28 billion from metal recovery and $23 billion from reduced greenhouse gas emissions, the costs of e-waste treatment and associated health and environmental impacts remain high.
With $10 billion spent on treatment and $78 billion in externalised costs, the net result is a staggering $37 billion annual loss in global e-waste management, it said.
The externalised costs amount to an estimated $36 billion in long-term socioeconomic and environmental costs, $22 billion representing the cost of illnesses and decreases in human capital, and the average monetised value of working lives caused by mercury emissions, $19 billion arising from the release of plastic waste into the environment, less than $1 billion arising from the release of lead into the environment and its effects on wildlife and humans.
Experts said that Bangladesh was incurring loss in this sector due to lack of a formal mechanism in e-waste management, and said e-waste management could be an industry if the government had set up proper process.
Hridoy Roy, a lecturer of the chemical engineering department at the Bangladesh University of Engineering and Technology, told New Age that assessing the economic impact of e-waste management in Bangladesh would be hard for various reasons.
'One of the main reasons is currently there is no formal mechanism for collecting and recycling e-waste in the country. Policies regarding this need to be introduced accordingly,' he said.
The ITU report stated that Bangladesh had only a few licensed e-waste dismantlers, which used basic resource recovery practices that were polluting and unsafe.
In the Southern Asian region, India, Iran, Thailand and Pakistan were above Bangladesh in generating e-waste, amounting to 4,137 million kilograms, 817 million kilograms, 753 million kilograms and 559 million kilograms of e-waste respectively in 2022.
Sri Lanka, Nepal, Afghanistan, Bhutan and the Maldives stayed below Bangladesh.
Of these countries, the first three generated 175 million kilograms, 42 million kilograms, 32 million kilograms respectively and the remaining two five million kilograms each.
While not highlighting on the formal and informal e-waste management in Bangladesh, the report said that only 22.3 per cent of this e-waste was documented as formally collected and recycled in an environmentally sound manner in the global scenario.
The report said that e-waste had a direct and severe impact on the environment and people's health.
E-waste contains toxic and persistent substances, such as the flame retardants that are used in appliances and in EEE containing plastics.
It also said that several international studies of the emissions caused by open burning of various materials, including hazardous materials, highlighted the health risks of inhaling the heavy metals and brominated flame retardants contained in plastic e-waste.
Mentioning unmanaged recycling of temperature exchange equipment, such as refrigerants as another major, but often overlooked concern, the report stated that it contributed to climate change and depletion of the ozone layer.
The report observed that the ministry of environment, forest, and climate change of Bangladesh issued the e-waste Management Rules in 2021, after nearly 10 years of talks.
The rules introduce the extended producer responsibility framework for e-waste management, requiring producers of almost all EEE to register with the Department of Environment, have an approved e-waste management plan and reach collection targets of 10 per cent in 2022, increasing annually by 10 percentage points to 50 per cent by 2026.
The report said that the government of Bangladesh had been unable to implement the rules despite the progress made.
M Shahidul Islam, chairman of the department of geography and environment at the University of Dhaka, told New Age that consumption of electrical and electronics enhanced in Bangladesh, so disposing these goods had become a matter of concern, as it was a densely populated country.
'Bangladesh has two main resources, water and soil. Either disposed EEE, or e-waste goes to water, or mixes in soil. Water and soil get polluted by the heavy metals of e-waste, such as lead,' he said.
'Specific policy and its implementation are needed for e-waste management. But e-waste management in Bangladesh is currently treated as a casual issue without much seriousness,' he added.
![]()
A radical economic shift is needed to save the planet
Yunus termed the current economic framework "wrong" because it rewards destruction.www.thedailystar.net
A radical economic shift is needed to save the planet
View attachment 10170
Visual: Anwer Sohel
At The New York Times Climate Forward, an event held in New York in September this year that discussed the climate threats faced by Bangladesh, Chief Adviser Prof Muhammad Yunus was quite direct in saying that the current economic system is driving global environmental destruction and climate breakdown. This is a remarkable stance given that only a handful of world leaders dare to call out the big elephant in the room or even discuss this inconvenient truth.
Yunus termed the current economic framework "wrong" because it rewards destruction. The fundamental problem, according to him, is that modern economies are built around one destructive principle: maximising profit, even at the expense of the environment. The endless cycle of "buy, buy, buy" inevitably leads to waste, which is the very engine of the economy, while it's also driving environmental and climate crises. Every purchase fuels the fire that's burning down our home. For example, deforestation may contribute to an increase in the GDP, but it destroys ecosystems too. Similarly, tiger prawn farming in Bangladesh's southwestern coastal districts, promoted for export earnings, has wreaked havoc on the environment and local livelihoods by increasing soil salinity. This illustrates how destructive practices are justified in the name of economic growth, even as they threaten the very foundations of sustainable life and livelihood.
In the relentless pursuit of profit in our current economic structure, we ignore the immense cost of the environmental damage being inflicted on the planet. Six out of the nine planetary boundaries—critical thresholds that keep Earth habitable—are already overshot beyond their safe operating limits. These boundaries are interconnected, meaning a breach in one area, such as change in land use, affects other areas such as climate change, biodiversity loss, freshwater contamination, etc. This interconnectedness underscores the urgent need to rethink how we design our economies, lifestyles, and consumption patterns that can have positive effects across these nine boundaries, not just reduce greenhouse gas emissions to limit climate change. If the breach of these boundaries stays long beyond their safe limits, the future of our planet is in jeopardy.
The chief adviser also noted that the current economic model has created staggering wealth inequality: a tiny group of elites are hoarding unimaginable wealth while the majority struggle to survive. The richest one percent has more wealth than the bottom 95 percent of the world population. In Bangladesh, both income and wealth inequalities have been exacerbated over the years; the top 10 percent of the population controls 41 percent of the country's total income, while the bottom 10 percent earns a measly 1.31 percent. It's a disgraceful and dangerous imbalance, and Yunus didn't shy away from calling out this disparity a "shame." His critique extended to the Paris Agreement, which he believes will fail as long as we operate within the same flawed profit-driven economic framework, which will never save us from ecological collapse as it is hardwired for failure. The so-called solutions we're pursuing currently—green growth, incremental reforms, greenwashed policies, non-binding international agreements, etc—are nothing but Band-Aids slapped on a gushing wound.
Growth and consumption cannot continue infinitely on a planet with finite resources; hence, GDP is not the right reference for us—it's a broken measure of success that celebrates destruction. Experts like Jason Hickel, who is a proponent of degrowth, argue that beyond a certain point, GDP growth is no longer correlated with well-being, particularly in wealthy nations in the Global North. Giorgos Kallis and others argue that the current consumption level and growth projections in the Global North will make it impossible to meet the Paris Agreement's goal to limit global warming to 1.5 degrees Celsius. Several reports and scientific models support this grim forecast that our current global effort is far off the track in limiting temperature rises. Continuing along the current trajectory, even with green growth, will lead to warming far above two degrees Celsius, threatening ecological collapse and the sixth mass extinction.
What, then, is the way out of the current destructive economic model? It's simple: we need to discard GDP growth as the sole measure of progress and adopt a more holistic indicator that accounts for social, ecological and economic well-being. Beyond GDP or well-being, the approach to development that prioritises equality and holistic progress, rather than simply increasing wealth for a select few, is gaining traction among economists and experts in other fields, who are calling for a new measure—one that values human well-being and planetary health over the bloated bank accounts of billionaires.
In Bangladesh, a student-led mass uprising has brought the Yunus-led interim government to power. They enjoy a broad mandate to implement sweeping reforms to rebuild the nation. Unlike elected political governments, which are less likely to pursue such reforms for transformative change, the interim government has a unique opportunity to lay the groundwork for a new economic system that Yunus called for at The New York Times event.
By establishing a commission on "well-being economy," the interim administration could lead the charge in developing a new metric to replace GDP as the primary measure of social, economic, and political progress. The chief adviser has influential friends and allies around the world, who would be ideal candidates to serve on such a commission. A new economic system focused on social, ecological, and economic well-being—rather than GDP growth that exacerbates inequality, environmental degradation, and climate breakdown—could align with the hopes and aspirations of 17 crore people of the country, paving the way for a truly new Bangladesh.
Shamir Shehab is a public policy analyst focused on the intersection of climate change, environmental sustainability, and development. He is managing partner at Catalyzing Sustainable Transformation (CaST) Network.
Never heard of bamboo based economy before. Looking forward to knowing more about it from you in the future.Bamboo based economy has the potential to make this world pollution free and simultaneously take care of housing problem of planet. If I get some time, I will discuss this in detail. Bamboo can take care of energy challenge, Pollution problem and housing problem simultaneously will generating huge employment.
Never heard of bamboo based economy before. Looking forward to knowing more about it from you in the future.
Never heard of bamboo based economy before. Looking forward to knowing more about it from you in the future.