2022-23 NSW State Budget Highlights
New funding for environment and heritage in Budget 2022-23 include:
- $286.2 million over four years to implement the NSW Waste and Sustainable Materials Strategy 2041 and NSW Plastics Action Plan
- $148.4 million over two years to manage the clean-up and removal of flood and storm-related damage, debris and green waste from the 2022 floods
- $106.7 million over three years to increase the supply of biodiversity offset credits through a new Biodiversity Credits Supply Fund
- $42.9 million over four years for the Me-Mel (Goat Island) Remediation, paving the way for the transfer of the island to the First Nations communities
- $18.5 million over 10 years to expand Beachwatch to a state-wide program, meeting community demand for water-quality monitoring in NSW swim sites
- $60 million of continued funding for the Saving our Species program
(These figures were reported by the Australian Financial News to access the direct news source and to read more, click here.)
Other important budget highlights include:
- $182 million to fund the remaining six years of the 10-year Marine Estate Management Strategy
- $34.3 million to support climate change adaptation with options for cost-effective emissions reductions without the loss of productivity, increased carbon storage and sequestration, and adoption of energy-efficient and renewable-energy technologies that support sustainable adaptation to climate change
(These figures were reported by the Australian Financial News to access the direct news source and to read more, click here.)