The CleanBC Plastics Action Fund will provide over $8 million in funding to 14 clean projects.

To date, the Government of British Columbia has granted $12.5 million to 23 projects.

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Preventing plastic waste, reducing emissions and creating clean-tech jobs are just a few benefits of the 14 new projects under the CleanBC Plastics Action Fund, as well as a boost of more than double the previous funding for further projects.

The Province is providing more than $8 million to recipients through two funding streams: reducing plastic waste through reuse, or increasing the use of post-consumer recycled plastic through processing and manufacturing. A third funding stream for Indigenous-led projects is continuing to accept applications. An announcement of funding recipients will follow. All projects must be complete by Feb. 15, 2024.

“Today, our government has invested in 14 new, innovative projects and committed another $25 million to a third round of funding for the CleanBC Plastics Action Fund,” said George Heyman, Minister of Environment and Climate Change Strategy. “This added funding will strengthen our ability to prevent plastic pollution and reduce our use of virgin resources to make plastic products by turning used plastic into an economic asset instead of an environmental burden.”

Phase 2 expanded upon the first round of funding for recycled plastics, with the addition of dedicated funding for businesses developing reuse systems and for Indigenous-led projects. The third funding intake will follow the same scope as the second round of funding.

Government of British Columbia, April 21, 2023.

Read the full and original story at news.gov.bc.ca.