e-Source will act as an exchange platform to serve as an online marketplace for Waste Electrical and Electronic Equipment (WEEE).
It will also act as a formal supply chain between several stakeholders, including buyers and sellers.
This initiative is being headed by Indo-German Centre for Sustainability (IGCS).
According to IGCS team, problem of E-Waste can be resolved by connecting buyers and sellers of Used and Waste electronic equipment without compromising their interests.
To formalize e-waste handling and management, a novel open-source solution is needed which is data enriched and leveraging the potential of transparency because, e-waste either completely stripped down to get precious metals and other high-value materials or are dumped in landfills, without exploring potential re-use. Such unscientific recycling methods e-waste are harmful for waste handlers as well as Environment.
As per a study, world generates 53.6 million tonnes of e-waste annually. This amount is expected to double in next 16 years. Such waste is pressing issues in India as well. India is the worlds third-largest
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