"Blue infrastructure and blue open space underpins major economic development, the tourism industry and employment within Victoria, with the boating industry alone contributing $4.5 billion to the Victorian economy and employing 17,500 people."

Mr Potts said existing and projected pressure on the coastal areas, with the forecast doubling of the population in the central coast area of Victoria, including Port Phillip and Western Port, from 4.6 million to nearly 8 million by 2050, is a major social, economic and environmental challenge which needs all levels of Government on the same page in relation to Blue Infrastructure and Blue Open Space.

In a recent submission to the Victorian Government's Coastal Management Enquiry, the BIAV recommended Victorian Blue Infrastructure Future Fund Bonds, guaranteed by the State Government.

The BIAV also raised the issue of Tax Deductible Donations to the Victorian Blue Infrastructure Future Fund, saying the Victorian Blue Infrastructure Fund should be afforded tax deductibility status to allow individuals, community groups or corporate entities to donate and invest in local prescribed works or projects to enhance the environment or infrastructure.

Funding for Blue Infrastructure and Blue Open Space should be part of the Victorian Government's Discussion Paper Review of the Coastal Management Act, Mr Potts said.

Click here to download the Blue Infrastructure Submission to the Victorian Government

To download the Boating Industry Snapshot Destination Boating - click here.

Media Enquiries:
Ron Smith, Corporate Media Communications, BIAV - Mobile: 0417 329 201