Australia to Boost Recycling Innovation Through $69 Million Fund
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A new A$100 million ($69 million) investment fund aims to boost the proportion of refuse recycled in Australia and encourage innovation to prevent trash from ending up in landfills, the government said.
The Australian Recycling Investment Fund, to be managed by the Clean Energy Finance Corp. (CEFC), is part of a A$167 million government plan to tackle plastic waste and halve food waste by 2030, Environment Minister Sussan Ley said in a statement Sunday.