About the Sustainability Fund
The Sustainability Fund is a perpetual fund that receives money collected from Victorian landfill levies, after funds are distributed by the Minister for Environment, Climate Change and Water to key environmental agencies; Environment Protection Authority, Sustainability Victoria and the seven Victorian
Waste and Resource Recovery Group.
Its purpose as defined by the Environmental Protection Act 1970 is to foster:
- environmentally sustainable uses of resources and best practices in waste management to advance the social and economic development of Victoria; and/or
- community action or innovation in relation to the reduction of greenhouse gas substance emissions or adaptation or adjustment to climate change in Victoria.
Funding allocations are made by the Premier and Minister for Environment, Climate Change and Water, taking into account government policy and the Fund's Priority Statement.
Since its creation in 2005, the Sustainability Fund has supported businesses, local governments and communities through a range of waste management, recycling, resource efficiency and climate change programs. For more information about past allocations visit Sustainability Victoria's website.
Changes to Sustainability Fund administration
Key provisions of the Environment Protection Act 1970 and Sustainability Victoria Amendment Act 2014 took effect on 1 July 2015, including the transfer of the Sustainability Fund Trust Account from the Environment Protection Authority to the Department of Environment, Land, Water and Planning. The Department
also has responsibility for activities such as oversight of programs funded by the Sustainability Fund and advising the Minister for Environment, Climate Change and Water on related issues.
The key reasons for the legislative change are to improve transparency and improve clarity around governance.
Sustainability Fund Guidelines and Priority Statement
Protection Act 1970 specifies that the Premier and Minister for Environment, Climate Change and Water can only allocate monies when there exists a published Priority Statement and Guidelines.
The Priority Statement sets out Victoria's priorities for Sustainability Fund investment within the legislated areas of waste, resource recovery and climate change, while the guidelines provide detail on the administrative framework for allocating funds.
These documents are both currently under review, however the existing versions can be found below:
Sustainability Fund Priority Statement 2012 [PDF File - 123.5 KB]
Sustainability Fund Priority Statement 2012 (accessible version) [MS Word Document - 1.6 MB]
Sustainability Fund Guidelines 2012 [PDF File - 287.1 KB]
Sustainability Fund Guidelines 2012 (accessible version) [MS Word Document - 242.5 KB]
To participate in the review of the Priority Statement please click here.