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In 2020, the Victorian Government committed to a fifth tranche of the environmental contribution (EC5). The fifth tranche, which commenced on 1 July 2020, is expected to raise $693.9 million over 4 years. The funds will support the continued delivery of the Government’s long-term water plan, Water for Victoria.
This investment in EC5 initiatives will ensure that Victoria has a resilient water management framework that will continue to provide water to meet the needs and values of all Victorians through
- a changing climate
- safeguarding the liveability of our cities and towns
- supporting economic and social prosperity.
As of the end of June 2022, $309.7 million has been spent, leaving $383.5 million remaining for the next 2 years of the tranche.
The annual expenditure and progress updates for funded initiatives will continue to be reported until their completion.
Page last updated: 08/09/23