The Territory Labor Government is investing in new recycling infrastructure projects with a new $1.5 million grant program, Circular Economy NT (CENT) opening for applications today.
CENT supports projects that create opportunities to grow the Territory economy by turning waste into a valuable commodity.
The new grant program was established to support the recycling industry including infrastructure expansions or upgrades to address gaps within the Territory’s waste recycling and reprocessing capabilities.
CENT is focused on building a stronger onshore recycling and manufacturing industry whilst simultaneously addressing the Northern Territory’s regional and remote waste challenges.
Eligible projects include those that create or improve recycling, reuse or remanufacturing of waste currently going to landfill.
The fund aims to prioritise two waste streams: C&D (construction and demolition) and FOGO (food organics and garden organics) but will also accept applications for projects addressing C&I (commercial and industrial) and E-waste (electronic waste including PV Solar Panels).
Projects need to demonstrate economic development opportunities through the development of new domestic markets for recycled materials.
Adopting new approaches to the way we reprocess waste will create significant economic and environmental benefits for all Territorians.
Grants of a minimum of $50,000 are available for approved projects with 50:50
co-contribution required from applicants.
Applications close Friday 5 January 2024 and will be assessed on a competitive basis. For further information and to apply visit nt.gov.au/CENT
Quotes from Minister for Environment, Climate Change and Water Security Lauren Moss:
“The Circular Economy NT (CENT) grant program provides an opportunity for businesses, industry and government to work together to reduce waste and lay a foundation for an efficient and modern recycling industry in the Territory.
“Investing in efficient waste management systems is crucial for the environment and a priority of the Territory Labor Government.
“Proper waste management not only reduces the negative impact on the environment but also helps to cut costs and increase efficiency.”
Source: NT Government Newsroom