Scaling Up Environmental Upgrade Agreements Across Australia
Sector: Commercial • Location: Australia
Source: Australian Renewable Energy Agency (ARENA)
The Scaling up Environmental Upgrade Agreements Across Australia project will see the Better Building Finance program expand into NSW and SA to assist councils and businesses become more sustainable. The Scaling up Environmental Upgrade Agreements Across Australia project is led by the Sustainable Melbourne Fund. The project acknowledges that one of the great challenges businesses face in becoming
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Participants
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Status
Original status | current |
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Description
Description | The Scaling up Environmental Upgrade Agreements Across Australia project will see the Better Building Finance program expand into NSW and SA to assist councils and businesses become more sustainable. The Scaling up Environmental Upgrade Agreements Across Australia project is led by the Sustainable Melbourne Fund. The project acknowledges that one of the great challenges businesses face in becoming more sustainable is access to capital. Paying upfront is often not feasible, and traditional finance terms may not work.Environmental upgrade finance (also known as building upgrade finance) solves this problem. By engaging local councils as the third party in the agreement, businesses can access affordable terms, including repayment terms of up to 20 years. This unique finance arrangement can help make these projects affordable for businesses, and in many cases they can be cash flow positive, where the savings from the upgrade exceed loan repayments. |
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Original Currency | USD |
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Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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