UN’s 4th GEM Report: Global e-waste Generation Rising 5 Times Faster than Recycling

March 26, 2024
Current Context: The United Nations’ fourth Global E-waste Monitor (GEM) report reveals a concerning trend: the world’s generation of electronic waste (e-waste) is rising five times faster than documented e-waste recycling.
UN’s 4th GEM Report: Global e-waste Generation Rising 5 Times Faster than Recycling
  • In 2022, a record 62 million tonnes of e-waste was produced, an 82% increase from 2010.
  • This amount of e-waste would fill 1.55 million 40-tonne trucks, enough to form a line encircling the equator.
  • The annual generation of e-waste is rising by 2.6 million tonnes annually and is projected to reach 82 million tonnes by 2030, a further 33% increase from the 2022 figure.
  • However, less than one quarter (22.3%) of the year’s e-waste mass was documented as having been properly collected and recycled in 2022.
  • This leaves $62 billion worth of recoverable natural resources unaccounted for and increases pollution risks to communities worldwide.
  • E-waste recycling currently meets just 1% of rare earth element demand.
  • The report projects a decline in the documented collection and recycling rate from 22.3% in 2022 to 20% by 2030 due to the widening difference in recycling efforts relative to the staggering growth of e-waste generation worldwide.
  • If countries could bring the e-waste collection and recycling rates to 60% by 2030, the benefits, including minimizing human health risks, would exceed costs by more than $38 billion.

Question:

Q.1 According to the United Nations’ fourth Global E-waste Monitor (GEM) report, how much faster is the world’s generation of electronic waste (e-waste) rising compared to documented e-waste recycling?
a. Twice as fast
b. Three times as fast
c. Four times as fast
d. Five times as fast

Free Exam Resources

Useful material to support your preparation, revision and exam planning.

Continue on BankExamsToday

Revise notes, practice questions and resume anytime.

Meet your mentor

From the Founder

Ramandeep Singh, founder of BankExamsToday

Ramandeep Singh

Banking Educator · Former Banker

Former banker and educator helping aspirants prepare for banking promotion and specialist officer exams with focused, practical guidance.

14+
Years' experience
5,000+
Selections
Ex-BoB
Banking experience