Queensland is set to expand its waste recycling infrastructure with a combined investment of $ 80 million that will transform and grow the state’s waste and recycling industries.
The Australian and Queensland governments will each invest $ 20 million in the $ 40 million Recycling Modernization Fund (RMF). Queensland Industries will match this funding, delivering a total of $ 80 million in new investment for Queensland.
Federal Environment Minister Sussan Ley said the funded projects will help protect the environment and boost the economy. and create jobs in Queensland.
“The Recycling Modernization Fund is the centerpiece of the Australian Government’s billion dollar transformation of Australia’s waste and recycling industries, which will ensure Australia has sufficient recycling infrastructure to reprocess our precious waste resources. “
Queensland Deputy Prime Minister and State Development Minister Steven Miles said the Queensland RMF is open for applications until September 7, 2021.
“This Fund will invest in projects including new high-tech equipment to sort, process and remanufacture mixtures of plastic, paper and cardboard, glass and tires.
“This investment is part of the Queensland Government’s commitment to expand the industry’s footprint and create new jobs through our $ 3.34 billion Queensland Jobs Fund.
“We want to continue to sustainably develop the resource recovery industry through this new fund and increase the capacity to process additional waste, deliver environmental and community benefits and create new jobs, especially in areas regional.
“This investment is part of Queensland’s COVID-19 economic stimulus package. We want to make Queensland a world leader in recovery and recycling projects. “
Deputy Minister for Waste Reduction Trevor Evans said that as Queensland’s population continues to grow, there is an urgent need for modern and state-of-the-art recycling solutions, and recycling must become a booming industry for the state.
“This new funding means Queensland can take advantage of the latest technological innovations in recycling. The result will be that we recycle more, protect the environment better and support new jobs, ”he said.
“Our waste is a valuable commodity, not a problem that needs to be solved or landfilled and forgotten. We need to use it to create jobs, spark innovation and deliver strong environmental results. “
Queensland Environment Minister Meaghan Scanlon said the Fund will make an invaluable contribution to Queensland’s move towards a zero waste society while creating jobs as part of the state’s plan for economic recovery after COVID-19.
“This adds to the record $ 1.4 billion the Queensland government is investing to protect our environment, reduce waste and create jobs when we need them most,” she said.
“For every job you have in traditional landfill industries, recycling creates three times that number, making it an exciting opportunity when it comes to new jobs for Queenslanders.
“This shared investment incorporates the principles of a circular economy in the state, ensuring that valuable recyclable materials can be processed and reused in Australia.
“The recycling and resource recovery industry is keen to grow, and this funding will help them become more productive, efficient and generate greater and more inclusive job creation. “
The $ 190 million Recycling Modernization Fund investment and associated measures to support Australia’s National Waste Policy Action Plan will create an estimated 10,000 new jobs across Australia over the ten coming years. In addition, it will divert every year 10 million tonnes of waste that will no longer be landfilled.