The Federal and Queensland Governments have agreed to invest $20 million each in the Recycling Modernisation Fund (RMF).
With Queensland industry set to match that $40 million amount, there will be combined $80 million available through the RMF to fund new plastic, glass and tyre recycling infrastructure upgrades across the state.
Deputy Premier and Minister for State Development Steven Miles has confirmed the Queensland Recycling Modernisation Fund is open for applications until 7 September.
Projects to improve the industry’s capacity to sort, process and remanufacture recyclables will be prioritised.
Federal Assistant Minister for Waste Reduction Trevor Evans said Queensland’s growing population has increased the need for modern, state-of-the-art recycling solutions.
“This new funding means that Queensland can take advantage of the most recent technological innovations in the recycling space,” Minister Evans said.
The $190 million Recycling Modernisation Fund investment and associated measures to support the National Waste Policy Action Plan are intended to divert 10 million tonnes of waste away from landfill each year and to create 10,000 new jobs.