Fifth tranche of the environmental contribution

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 2023, $497.37 million has been spent, leaving $196.55 million remaining for the end of the tranche.

The annual expenditure and progress updates for funded initiatives will continue to be reported until their completion.

Page last updated: 15/11/23