The Scottish Government has launched a £3.8 million fund for waste sorting, repair and recycling projects. Designed to help businesses work towards zero waste, it is hoped that the Scottish Recycling Fund will encourage the development of a green infrastructure.
Fund Helps Businesses Work Towards Zero Waste
At the ‘Safegaurding Scotland’s Resources’ conference in Edinburgh on February 20th, Environment Secretary Richard Lochhead, launched the Scottish Recycling Fund to help businesses develop and implement green infrastructure proposals. Making loans available to businesses who are interested in developing Zero Waste facilities, the fund will aid the sorting, repair and reprocessing of waste materials including:
Through improving Scotland’s waste and recycling infrastructure, it is hoped that materials that would otherwise have been sent to landfill, can be transformed into ‘high value’ materials whilst reducing carbon emissions. Iain Gulland, director of Zero Waste Scotland, added “I am delighted to welcome the launch of the Scottish Recycling Fund, which is all about developing the capacity for better resource efficiency in Scotland.”
What Is The Scottish Recycling Fund?
The Recycling Fund initiative is an expansion on the existing Scottish Plastics Loan Fund which was established in 2012. Completed by Zero Waste Scotland, the fund is in partnership with the Scottish Investment Bank. Announced by Mr Lochhead, he said “The Scottish Government is backing the industries of the future by making this £3.8 million available to those interested in developing our waste reprocessing industry. By increasing our capacity to deal with this waste here in Scotland, we’ll be less exposed to volatile overseas markets, creating more of the useful raw materials that our business sector requires.”
Mr Lochead added: “I’d strongly encourage any organisations with innovative ideas on waste to find out how this funding can benefit them, making Scotland greener, cleaner and more affluent in the process.”
Improving The Capacity For Recycling In Scotland
The fund is an opportunity for businesses which are lacking in capital to develop their innovative waste management ideas. Through gaining access to finance, the recycling industry will be able to realise plans and further develop reuse, repair, reprocessing and remanufacture. Commenting on the partnership Kerry Sharp, Head of the Scottish Investment Bank, said “The Scottish Recycling Fund offers Scottish businesses the opportunity to access the finance needed to invest in new infrastructure that will help them not only achieve sustainable business growth through recycling, but will deliver significant environmental benefits for Scotland.”
Work Towards Zero Waste With Recycling Services
If you are a business looking to work towards zero waste, talk to the experts at Recycling Services. We can develop a zero to landfill philosophy within your business, developing a recycling management strategy based on the waste hierarchy.
For more information call our team on 01952 204471 or email firstname.lastname@example.org.