Freight Sector Co-investment Fund
The 2025 Victorian Freight Plan Update – Victoria Delivers – includes key actions to help the freight industry decarbonise.
An $8 million Freight Sector Co-investment Fund will assist small and medium sized truck operators trial and transition to low-emission equipment.
The fund will also create new tools for industry to assess and track their carbon emissions to encourage decarbonisation.
Remaining funding will be used to progress a range of freight decarbonisation and air quality activities over the next two years.
Our commitment
This commitment progresses recommendations from the report prepared by the Inner West Air Quality Community Reference Group – Air Pollution in Melbourne’s inner west – taking direct action to reduce our community’s exposure.
It also complements the goals set out in the Victorian Government’s Clean Air for All Victorians – Victoria’s Air Quality Strategy.
We understand improving air quality in the inner west requires a coordinated and multi-faceted approach and we’ve implemented initiatives such as:
- $5 million to plant 500,000 new trees in Melbourne’s west
- $2.84 million to establish Air Quality Improvement Precincts in the inner and outer west of Melbourne to reduce local air pollution in collaboration with the community and businesses
- Expanded monitoring to progress the enhanced enforcement and compliance strategy for routes subject to the truck bans when the West Gate Tunnel opens
- $58 million Port Rail Shuttle Network and $125 million Port Rail Transformation Project to help move more goods by rail
- Inner Melbourne Air Monitoring Project consisting of the urban roadside monitoring station, complementing, EPA’s existing air monitoring network and programs
- Six air quality monitoring stations established as part of the West Gate Tunnel Project and engagement with community members to build an understanding of air pollution impacts.
We will consider measures to speed up emissions reduction in the freight sector, promote Zero Emissions Vehicle uptake, and encourage mode shift in our transport network, all key for decarbonisation. We’re investing some $20 billion in transformational projects in Melbourne’s west, to create a better place.
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