E-Waste Rules Specify Recycling Targets, ‘Trading’ in Certificates
Rules also bring into effect a system of trading in certificates, akin to carbon credits, that will allow companies to temporarily shore up shortfalls
Consumer goods companies and makers of electronics goods have to ensure atleast 60% of their electronic waste is collected and recycled by 2023 with targets to increase them to 70% and 80% in 2024 and 2025 respectively, according to a draft notification by the Environment Ministry made public this week.
The rules also bring into effect a system of trading in certificates, akin to carbon credits, that will allow companies to temporarily shore up shortfalls.