Impact Tech Insights

Aug 16, 2021 5:43:03 PM
Editorial Team

The hidden opportunity in Australia’s recycling and resource recovery sectors

The hidden opportunity in Australia’s recycling and resource recovery sectors

Australia’s waste sector is undergoing an important transition - requiring significant new investment in infrastructure and equipment, extending from upgrades to existing assets to the installation of new assets using the latest technology. 

According to Australia’s National Waste Policy, Australians generate 2.7 tonnes of waste per head each year, including plastics, paper, glass, metals, textiles, masonry, and food and other organic materials. 

Through the $100 million Australian Recycling Investment Fund, the CEFC has a particular focus on large-scale projects which use clean energy technologies to support the recycling of waste plastics, paper, glass and tyres.

 

"Australians generate 2.7 tonnes of waste per head each year, including plastics, paper, glass, metals, textiles, masonry, and food and other organic materials." 

 

The Australian Recycling Investment Fund draws on existing CEFC finance. With investment in proven technologies, the CEFC works with companies to turn urban and industrial waste into new energy sources and valuable products, creating an important revenue stream while also reducing landfill gas emissions.

Learn more about the importance of the waste sector in reducing emissions in this report by CEFC – Energising resource recovery: the Australian opportunity. Download the report here.

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Ian Learmonth, CEO, Clean Energy Finance Corporation will be speaking at the Impact X Summit Sydney 2021: Climate Growth and Accelerating Pathways to Zero Emissions. Click here to register

 

Image courtesy of CEFC

 

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