Through a joint investment from the Australian and Victorian Government, 10 new recycling infrastructure projects will receive more than $15 million in funding to accelerate Victoria towards a sustainable future, turbocharging local capacity to recycle and reuse items destined for landfill - from food scraps to soft plastics.
The grant recipients announced today, will receive funding from 3 different funds:
- $11.26 million in joint Australian and Victorian Government funding from the Circular Economy Organics Sector Transformation Fund
- $3 million in joint Australian and Victorian Government funding through the Victorian Circular Economy Recycling Modernisation Fund
- $1.175 million in Victorian Government funding through the Circular Economy Infrastructure Fund.
The funded projects will support 190 local jobs during construction and a further 75 ongoing positions.
Over the next decade, Victoria will cut waste generation by 15% and halve food and organic waste going to landfill under the Victorian Government's $380 million circular economy policy - an action plan to transform the state's recycling sector.