National Environment Agency’s 3R Fund Opens For Applications

April 22, 2009 by  
Filed under Insights

News Release from National Environment Agency.

The National Environment Agency’s S$8 million 3R (Reduce, Reuse and Recycle) Fund was officially launched by Dr Yaacob Ibrahim, Minister for the Environment and Water Resources, at the 3R Seminar today.

Now open for applications, the 3R Fund will co-fund up to 80% of the qualifying costs of new waste minimisation and recycling projects, subject to a cap of S$1 million per project. The Fund will help organisations overcome the start-up costs for facilities, and offset part of the cost of technologies to further increase recycling. With this funding, the recycling industry has a better chance of achieving critical mass in the collection of recyclables for economic scale of operation. Singapore companies and organisations can use the fund to minimise waste especially in waste streams with low recycling rates such as food, plastic and glass, as well as to introduce recycling in waste streams such as used household batteries, which are currently not recycled. Read more