Alternatives for Financing Waste Management: Implications for Ghana’s Growing Electronic and Electrical Equipment Waste

Journal Title: Asian Journal of Economics, Business and Accounting - Year 2017, Vol 2, Issue 1

Abstract

The waste of electrical and electronic equipment pose an environmental and human health challenge for some developing countries, including Ghana. Despite such challenges, it contributes to job creation and income generation if properly collected and processed. This type of waste may contain precious minerals including gold and mercury. However, the processing of such waste is dominated by the informal sector. Due to the availability of finance, they resort to unhealthy such as burning and crushing as a means of processing this waste, thereby, exposing themselves and the environment to poisonous metals and substances. To curtail the problems created by this waste, the government proposed the establishment of a fund to enable the country secure the needed capital to deal with this waste problem. The paper uses documentary review to assess the proposed government approach to funding of this waste. It proposes an alternative model of financing of this waste. It recommends, among other things, the need to promote the sector as a business venture and encourage the participation of private, public, foreign and domestic investment. The said investment is expected to promote the acquisition of the needed technology to manage e-waste.

Authors and Affiliations

Daniel Agyapong

Keywords

Related Articles

Tourists Perceived Festival Attraction, Service Quality, Perceived Value and Loyalty-Case Study Penghu Ocean Firework Festival in Taiwan

The purpose of this study is to understand the relationships between attraction, quality of service, perceived value and loyalty. In this study, a total of 456 effective questionnaires were collected by convenience sampl...

The Relationship between Customer Satisfaction and Corporate Reputation and Credibility

Service industries, such as banking and finance retailing, are different in many ways to industries that deal with a tangible product. Therefore, service-marketing gurus emphasize process, people, and physical elements t...

Testing the Validity of McKinnon-Shaw Hypothesis: Empirical Evidence from Nigeria

Ronald McKinnon [1] and Edward Shaw [2] explicate the notion of financial repression noting that Financial liberalization is meant to foster economic growth through increase in savings via an increase in real deposit rat...

Use of Patron Demand Deposit Accounts in Cooperative Financing in Anambra State, Nigeria

Patron Demand Deposit Account (PDDA) is a particularly unique system of raising cheap funds in cooperatives. However, because primary cooperatives lack the skills to manage PDDA and due to absence of necessary regulatory...

Career Planning Strategies and Skills of Ho Polytechnic Students, Ghana

This study seeks to examine how important career planning is to students, to determine sources of information use in making future career decisions, determine career planning activities being employed by students and to...

Download PDF file
  • EP ID EP338567
  • DOI 10.9734/AJEBA/2017/31409
  • Views 79
  • Downloads 0

How To Cite

Daniel Agyapong (2017). Alternatives for Financing Waste Management: Implications for Ghana’s Growing Electronic and Electrical Equipment Waste. Asian Journal of Economics, Business and Accounting, 2(1), 1-14. https://europub.co.uk/articles/-A-338567