South Australia’s Building Upgrade Finance (BUF) mechanism is the equivalent to Environmental Upgrade Agreements (EUA) in other states. It is designed to help building owners to access commercial loans to improve the energy, water and environmental efficiency of existing commercial buildings. The Building Upgrade Finance mechanism is designed to tackle market barriers that often impede commercial building upgrades from going ahead. Under the Building Upgrade Finance mechanism, a local council, a building owner and a financier can voluntarily enter into a building upgrade agreement. This mechanism could be checked by councils in SA to support their local business to reduce carbon emissions.
Author: Government of South Australia
