Environment Secretary Richard Lochhead announced the Scottish Recycling Fund (SRF) at the Safeguarding Scotland’s Resources Conference at Dynamic Earth in Edinburgh.
The fund will make loans available to organisations interested in developing key sorting, repair and reprocessing capacity for waste materials in Scotland. Improved infrastructure will transform more waste into high value new materials, aiding Scotland’s ambition of creating a circular economy and cutting carbon emissions.
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Organisations with innovative ideas for sorting, repairing and reprocessing the following materials are invited to apply:
• plastics
• tyres
• textiles
• glass
• industrial food and drink processing waste
• waste electrical and electronic equipment
• plasterboard
Mr Lochhead 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.
"Realising the value in our waste materials like plastics, textiles and glass will make our economy more circular, while reducing our carbon emissions. 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."
(CD/MH)
