Will Circular Economy Go A Long Way In Tackling E-Waste Generation?

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- Updated: 11th Jan 2024, 18:17 IST
  • 1
    What Happens When You Throw Away Your Device?
  • 2
    Circular Economy In Tackling E-Waste Generation!
    • How Does Cashify Contribute to a Circular Economy?
  • 3
    In The End

Every day, we see a new smartphone launching in the market with fewer ways of tackling e-waste generation. Be it the Indian market or the Global market, the demand for better and faster smartphones is at an all-time high! But then, since the demand is increasing, so is the e-waste.

If we look at the data, 2021-22, India churned out a whopping 1.6 million tonnes of electronic waste, almost double the 7,00,000 tonnes in 2017-18! This is a wake-up call for all of us to take some serious action on it now! But how does Cashify help in tackling e-waste generation? What is a circular economy? We will discuss that in this article!

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What Happens When You Throw Away Your Device?

Now, have you ever wondered what happens when you don’t recycle your device and just throw it away? Huge amounts of e-waste are piled up across the globe. Now, these devices look good on the outside, but they are shiny gadgets with toxic and harmful chemicals inside them. And when this is released into the atmosphere, it is a threat to each one of us.

These chemicals and waste get into the land that produces the food for us and get into the water we drink! Nowhere is safe when it comes to e-waste production!

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Circular Economy In Tackling E-Waste Generation!

The circular economy is like a big recycling loop that is meant to use things on a long-term basis. There are several strategies that are involved in the management of e-waste generation through a circular economy approach:

  1. Designing for end-of-life: In a circular economy, designers and manufacturers create products with the end of the products’ lives in mind, keeping products in use for as long as possible and then recycling the materials that go into making them.
  2. Reduce, reuse, and recycle: The “reduce, reuse, and recycle” mantra is central to a circular economy. It encourages consumers to extend the life cycles of their devices by repairing, reusing, or recycling them.
  3. Public awareness and education: Raising public awareness about the environmental and health impacts of e-waste can drive behavioural change. It can also encourage consumers to adopt more sustainable practices.
  4. Recycling and reuse initiatives: Companies like Vodafone have committed to reusing, selling, or recycling 100 per cent of their network waste by 2025. They are demonstrating the role that businesses can play in promoting a circular economy for electronic equipment.

By implementing these strategies, a circular economy can help tackle the growing issue of e-waste, reduce its environmental impact, and promote more sustainable consumption and production practices.

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How Does Cashify Contribute to a Circular Economy?

Cashify’s efforts don’t just stop at recycling; Cashify is actively reshaping our approach to managing e-waste for a sustainable future. Here’s how it happens:

Contribution AreasDetails
Device RecyclingCashify facilitates an effortless gadget recycling Process with 32-step quality checks to ensure functionality.
Green InitiativesCashify offers a greener approach to combating pollution effectively.
Resource ConservationRecycle crucial materials for reuse, preserving resources like copper, gold, and other metals.
Encouraging Responsible BehaviorCashify not only acknowledges but rewards contributions, fostering a community of responsible recyclers.
Cashify contributing to a Circular Economy

This is how Cashify is contributing towards reducing e-waste generation and boosting a circular economy.

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In The End

To this end, it’s wise to say that tackling e-waste generation is important, and the circular economy has a great role to play. Recycling e-waste should not be something we do; it should be something that we need to do willingly.

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Protecting our environment is our responsibility, and by making sure that we limit our e-waste generation, we can start a beautiful journey. It’s on us to take care of this planet, and it started with taking care of what’s in our hands 24 hours a day- our smartphone! We need to collectively make sure that we are reducing e-waste and using refurbished gadgets whenever we can.

Giving a new life to an existing device is good for two reasons – it’s easy on the planet, and it’s light on the pocket. With Cashify Assured, we are getting the best in class service, so it’s the perfect time and platform to start this journey!

Did you know that refurbished mobile phones cost at least 10% less than new phones on Cashify? You also get other discounts, No-cost EMI and more, making it the most affordable way to buy a premium phone. So, what are you waiting for? Buy refurbished mobile phones at your nearest cashify store and avail exclusive offers.



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Highlights of the Story

  • The article highlights how the circular economy plays an important role in tackling e-waste generation.
  • Learn how e-waste is created and what happens when we don’t recycle.
  • Check out what circular economy really is and all the factors that play a role in it.