The facility, which is located on a newly built visitor mooring made from recycled plastic, will allow boaters to recycle glass, plastic, papers, cans, and even engine oil.
Pendle will now be firmly on the map for boaters travelling on the Leeds & Liverpool Canal
Vaughan Jones - Pendle Council
The Leeds-Liverpool canal snakes through a large swathe of the southern Yorkshire Dales and brings thousands of visitors to the area every year. It is hoped the new initiative will be keenly taken up by the boaters and contribute to a reduction in the amount of waste going to landfill sites.
A supply of fresh tap water is also available at the site to enable people to top up their tanks.
The engine oil recycling facility is one of only a handful in the whole country and much sought after by boaters who do not want to pollute the canal.
Although there are many visitor moorings with facilities for boaters across the UK, no others offer easy recycling - boaters either have to take their recycling to a tip or supermarket.
John David, Executive Member for the Environment, said: "Another first for Pendle which will enable us to advertise the new facilities in the boating press and put the area even more firmly on the map as a forward-looking council and a place to visit.
"The new facilities are situated in a section of the Leeds & Liverpool Canal which has magnificent views and I have no doubt that the facility will give even greater encouragement to boaters to come here."
Vaughan Jones, Tourism and Community Initiatives Manager, himself a keen boater, said: "Pendle will now be firmly on the map for boaters travelling on the Leeds & Liverpool Canal.
"We must make the most of capturing this new audience and encourage them to stay over in Pendle. It will be a great boost for tourism."