NSW launches circular economy policy

NSW is a step closer to the creation of a circular economy, following the consultation launch of its draft Circular Economy Policy.

Environment Minister Gabrielle Upton said: “This is the beginning of a better way for NSW to manage our waste and resources.”

“Achieving a circular economy will minimise our waste, reduce our impact on the environment and is an opportunity to boost the NSW economy.

“It’s an antidote to the current “linear economy”, where we make things, use them and then throw them away.

“Instead, we can use items for as long as possible, through repair, re-use and recycling, rather than being thrown away.

“At the same time NSW is working with the Commonwealth on the development of national circular economy principles.”

Minister Upton said “having a circular economy provides a better operating environment for the recycling industry, as well as manufacturers, retailers and consumers. It will encourage innovation and create jobs.”

The Circular Economy Policy and Discussion Paper is also part of the NSW Government’s short, medium and long-term responses to China’s National Sword policy, Ms Upton said.

“The NSW Government has provided unprecedented investment to support recycling through its $802 million Waste Less Recycle More initiative - the largest waste and recycling funding program in Australia.

“Up to July 2018, Waste Less, Recycle More has awarded $407 million to some 1,160 projects that have processed 2.39 million tonnes more waste each year and aim to create 845 jobs.”

For a copy of the Circular Economy Policy and Discussion Paper and to have your say visit; https://engage.environment.nsw.gov.au/circular