New round of Circular Economy fund opens for applications in Wales

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A new £3.5m round of the Circular Economy Fund to help boost Wales’ shift towards a circular economy has opened for applications from local authorities and other publicly funded bodies.

Following two successful previous rounds, the additional funding will support publicly funded bodies to deliver capital projects to support a green recovery by keeping materials in circulation for as long as possible and avoiding waste.

Environment, Energy and Rural Affairs Minister, Lesley Griffiths commented on the announcement: “We are immensely proud of our recycling record in Wales and ambitious in wanting to build on this success.

“This funding is important in reducing waste and emissions as we move towards a low carbon, Circular Economy.

“The COVID-19 pandemic highlighted the growing importance of recycling to our economy and the role the circular economy has as a key part of a green recovery.

“By shortening supply chains, we can boost economic resilience, and by keeping resources in use, we can take advantage of new economic opportunities.

“It will not only bring economic benefits, but also bring benefits for our environment and our communities.

“This additional £3.5m in funding will help support publicly funded bodies to put the green recovery into action.

“Alongside the launch of the repair and reuse funding for our town and community centres, it sends a clear signal of the importance of this work to our commitment to decarbonisation and addressing the climate emergency.”

The latest £3.5m funding round is open for applications until 1 December.

An application form is available on the Welsh Government website.