DERM Waste Levy Fact Sheet: The Sustainable Futures Fund
Posted: Fri Nov 18, 2011 1:16 pmHow will revenue raised from the levy be spent?
The Queensland Government proposes to use revenue raised from the levy to deliver programs that will improve
Queensland’s waste and resource management practices, reduce the amount of regulated waste requiring disposal, enhance enforcement and compliance capability under the new legislation, and help secure a sustainable future for Queensland. This will involve directing the revenue collected from the waste disposal levy to a pool managed by DERM. The
first priority for funds generated by the levy will be to create a dedicated Waste Avoidance and Resource Efficiency (WARE) Fund for waste-related programs and projects with a funding allocation of $159 million. An amount of $120 million will be provided to a new Sustainable Future Fund (SFF) where it will be used to assist in the delivery of local government waste and
environmental programs. Residual funds of some $100 million will be provided to help support state government sustainability objectives outlined in Toward Q2: Tomorrow's Queensland.
See the full fact sheet attached.
The Queensland Government proposes to use revenue raised from the levy to deliver programs that will improve
Queensland’s waste and resource management practices, reduce the amount of regulated waste requiring disposal, enhance enforcement and compliance capability under the new legislation, and help secure a sustainable future for Queensland. This will involve directing the revenue collected from the waste disposal levy to a pool managed by DERM. The
first priority for funds generated by the levy will be to create a dedicated Waste Avoidance and Resource Efficiency (WARE) Fund for waste-related programs and projects with a funding allocation of $159 million. An amount of $120 million will be provided to a new Sustainable Future Fund (SFF) where it will be used to assist in the delivery of local government waste and
environmental programs. Residual funds of some $100 million will be provided to help support state government sustainability objectives outlined in Toward Q2: Tomorrow's Queensland.
See the full fact sheet attached.