Sustainability Victoria is seeking expressions of interest for the state government’s new Recycling Victoria Infrastructure Fund.
The fund is designed to ramp up recycling infrastructure, improve the recovery of valuable recycled materials and divert waste from landfill. It will initially focus on stimulating investment in infrastructure that can sort and process organic, plastic, paper, cardboard, glass, textile, and tyre waste into high-value material streams.
According to a Sustainability Victoria statement, expressions of interest are now being accepted for two grant streams: Materials (paper, cardboard, plastic and glass) and Hazardous Waste (solvents).
The Materials stream includes $28 million to target infrastructure projects that will reprocess, remanufacture and build end-market capacity for priority recovered materials. While the Hazardous Waste stream includes $11.5 million to target infrastructure projects that can improve the recycling of solvents from liquid hazardous waste.
“This immediate investment will provide support for the government’s transformation of the state’s waste and recycling system, complementing the introduction of a new four-bin system across households and a state-wide container deposit scheme,” the statement reads.
“The Recycling Victoria Infrastructure Fund will drive innovation and improve the capability of Victoria’s recycling sector. This builds on the $28 million already committed in the 2019–20 budget delivering a record investment in Victoria’s recycling infrastructure as the state embraces a circular economy and a sustainable future.”
Expression of interest will close 3pm May 8.