New Vision for Electronics
LONG TERM AMBITION
Create a public-private, global platform for action based around a new vision for electronics, which uses circular economy principals to redefine the electronics value chain.
In 2018, 50 million metric tonnes of e-waste was generated, worth around $55 billion
Only 20% of this is recycled
Circular economy levers from new business models, design, re-manufacturing and recycling and new policies could help to capture this opportunity
To remake the system there is need for systematic collaboration across companies, international organizations, academia and governments at a global level
Convene key actors from the public and private sector to align on a New Vision for Electronics supporting the work of the UN E-waste coalition
Create a platform for high level collaboration on building a circular economy for electronics globally
Increase coordination between UN Agencies, Companies and governments on country and regional level projects on electronics and e-waste
For the first time all the relevant United Nations entities are coming together with support from the World Economic Forum and the World Business Council for Sustainable Development to produce a new vision for circular economy in electronics. This vision will align the relevant UN entities, key governments and some of the largest electronics multinationals around a common plan for the future of the electronics sector; one based on the principles of the circular economy. The initial vision report will serve as a baseline for systematic co-oporation to remake the electronics system at a global level.