The Victorian recycling sector is at a pivotal time in its history: with waste export bans and increased local recycling, there is an immediate need to process and recycle more materials across the state. The opportunity is ripe for businesses and councils to amplify existing – or step into – projects in this space.
Our new funding will support Victoria’s transition to a circular economy by partnering with organisations to deliver new and upgraded recycling infrastructure and increase Victoria’s capacity and capability to recover high quality materials.
$37.9 million is currently available to industry and local government for this round of the Recycling Victoria – Recycling Modernisation Fund. In addition, the Victorian government is releasing a separate funding stream providing $13.3 million funding for Round 2 of the Recycling Victoria Infrastructure fund.
The Recycling Victoria – Recycling Modernisation Fund is jointly funded with the Australian Government. The Australian Government is contributing almost $19 million in this new round of funding as part of its investment of over $190 million to expand Australia’s capacity to sort, process and remanufacture recycled materials to respond to the national waste export bans.
Victorian Government funding for these programs is offered through Recycling Victoria, the Victorian Government’s $380 million action plan and investment that will transform the state’s recycling sector, create thousands of jobs and set Victoria up for a more sustainable future.
Action on waste is needed at every scale. These programs are an important piece of the circular economy puzzle: improving our infrastructure to ensure we are getting more value from our resources.
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