The latest Baringa white paper projects a carbon inset price of up to $50 per tonne by 2030 within specific circular economy value chains.
We believe that the potential value of inset certificates through re-use and recycling of handsets creates upstream and downstream value potential:
- Incentives OEMs to design handsets with second and third-life targets
- Create financial benefits for telcos that implement targeted re-use schemes
- Provide incentives for ITADs to expand their smart phone refurb offerings
The refurbished smartphone market was projected to reach US$80 billion in 2024. By 2030, at a price of $50 per tonne, the value of avoided emission certificates could add another US$1.5 billion in revenue across the value chains.
Conclusion: investing in circular economy-driven business models drives sustainability and opens significant revenue streams.
You can read the White Paper here
Sebastian Foot
Co-founder of Bloom Sustainability Advisors.20+ years sustainable finance experience.
