The CEFC will provide a $16.5 million loan for a plastic recycling plant jointly backed by Cleanaway, packaging company Pact and beverage business Asahi, marking the first loan issued under the green bank's $100 million recycling fund.
After last year becoming the first buyer of Reef Credits, HSBC bank has teamed with the Nature Conservancy Australia to plan the world's first issuance of a nature-focused "blue bond".
The federal and Victorian governments have awarded Visy a large grant to help fund the installation of new paper processing technology that will cost $37 million.
A new pilot program will enable farmers who plant native species to generate dual income streams in recognition of the biodiversity and carbon abatement benefits.