Victorian government announces funding increase for recycling initiatives

The Victorian government has announced extra funding to encourage recycling and waste minimisation in the state’s businesses.

The AAP reports that premier Daniel Andrews made the announcement at Coca-Cola Amatil on Tuesday, including a doubling of the current $28 million Recycling Victoria Infrastructure Fund, which provides grants of $1 for every $3 spent in building recycling capacity for waste reuse. Approximately $30 million of the $56 million will be made available for technology to make new products out of recyclable materials.

The announcement also included $10 million in resource efficiency grants, a new $7 million Business Innovation Centre for industry-research collaboration, $10 million for waste-to-energy initiatives and $11.5 million for treating hazardous waste.

The announcement follows Monday’s container deposit scheme and four-bin system for household recyclables in Victoria. 

Picture: ABC

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