$45 million up for grabs for Queensland recycling projects

Queensland recycling projects

A $45 million package aimed at large-scale; high recovery recycling projects in Queensland was launched this week.

Up to $10 million each is available for projects tackling commercial and industrial waste and providing recycling solutions for renewable energy technologies, electrical and electronic products, and batteries.

The funding is part of the Queensland Government’s $2.1 billion waste and resource recovery package which includes the $1.1 billion Recycling and Jobs Fund.

The announcement builds on efforts to create a sustainable resource recovery industry through programs such as the Resource Recovery Industry Development Program (RRIDP) and the Queensland Recycling Modernisation Fund.

These programs have so far supported 48 projects to bring forward new technologies, diverted more than 1.46 million tonnes of waste from landfill, resulted in more than $425 million in capital expenditure and created about 560 jobs across Queensland.

By 2030, Queensland aims to recover 80 per cent of all waste and achieve 65 per cent recycling rates across all waste types.

Minister for State Development and Infrastructure Grace Grace said the funding was in response to industry feedback that more effort towards large-scale projects with co-investment from government was required to achieve some of Queensland’s waste diversion targets.

“Today we are unlocking $45 million in funding for projects tackling waste in three key areas: commercial and industrial waste, renewable energy technologies, and electrical and electronic products and batteries,” Grace said.

“This funding will provide critical assistance to industry to grow its reprocessing and recycling capacity and prevent solar panels and other materials ending up in landfill.”

Suzanne Toumbourou, Chief Executive Officer, Australian Council of Recycling welcomed the investment, particularly through the focus on renewable energy technologies and electronic products.

She said collaboration across industry and government is essential to reducing waste and maximising the value of all materials.

Applicants can apply for financial assistance of up to $10 million to a maximum of 50 per cent of the total eligible project cost.

The $45 million package is open until funding is exhausted.

For more information, visit: www.statedevelopment.qld.gov.au

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