Government increases support for green buildings
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Increased funding from the Federal Government will allow programs, such as the National Australian Built Environment Energy Ratings System and the Commercial Building Disclosure, to continue and expand; allowing for energy efficiency programs to run in the built environment.
Having a clear goal of improving the energy and emissions performance in buildings, the Australian Sustainable Built Environment Council (ASBEC) welcomed the announcement of increased investment.
Currently, the built environment accounts for a quarter of the emissions in Australia. However, with additional funding, the built environment could see over 25% of the 2030 emissions target met while saving $20 billion dollars.
ASBEC’s Executive Director, Suzanne Toumbourou said that the governments initiative and funding leads the way for meaningful progress in the sector which can lead to cost-effective solutions for energy savings and emissions reduction. Jonathan Cartledge, Head of Public Affairs and Membership for Green Building Council Australia also welcomed the initiative, claiming that "there is a wealth of evidence showing that improving the energy efficiency of our buildings is an extremely cost effective way to considerably cut carbon emissions.”