Building Upgrade Finance mechanism
The energy efficiency of Adelaide’s existing commercial buildings is to be improved.
A new Building Upgrade Finance mechanism is being established in South Australia. The mechanism aims to help building owners access loans to improve the energy, water and environmental efficiency of existing commercial buildings.
The SA Government is currently finalising the development of the legislative framework for the mechanism, which is also designed to help stimulate investment and jobs in South Australia.
The Building Upgrade Finance mechanism will help Adelaide to become the world’s first carbon neutral city by improving the energy efficiency of its CBD commercial buildings.