Victoria is "open for business" for new brown coal projects with the state government calling for initiatives that create jobs, including in the Latrobe Valley.

The Victorian government said its new brown coal policy would focus on using coal reserves in a "low emissions setting".

Victorian government says its new brown coal policy would focus on using coal reserves in a "low emissions setting". Credit:Robert Cianflone

Resources Minister Wade Noonan said new proposals for alternative uses for coal would be examined.

"We want to create new jobs with a forward-thinking approach to climate change and a commitment to net-zero emissions by 2050," he said.