According to AAP, Infrastructure Victoria announced on Thursday that the public and private sectors should upgrade or construct 87 new plastic, paper, cardboard, glass, organic, tire and electronic waste processing plants To achieve the goal of recycling 90% of waste in 2039.
Currently, 69% of Victoria’s waste is recycled and processed into renewable products. However, with increasing waste and stagnant recycling rates, Victoria ’s Resources and Recycling Department is under increasing pressure and large amounts of recyclable waste have entered landfills. Under this plan, Victoria will invest A $ 1 billion over the next two decades and create more than 5,000 new jobs. The high-quality products produced can be used in large-scale infrastructure projects, manufacturing and agriculture. The Victorian Infrastructure Management Authority has also made 13 recommendations, including further classification of waste, and the state government buying more recyclable materials.
The department also pointed out that Britain, Wales, Germany, South Korea and South Australia have adopted a series of intervention policies on objectives, taxation, incentives and investment to establish a better circular economy.
