14 Sep '11, 3am

BCA launches new scheme for energy efficiency financing

BCA launches new scheme for energy efficiency financing

In its drive to further green Singapore's buildings, the Building and Construction Authority has launched a pilot scheme that enables building owners to get loans from banks to retrofit their buildings to a higher environmental standard. -- PHOTO: THE GALEN BUILDING By Jessica Cheam In its drive to further green Singapore's buildings, the Building and Construction Authority has launched a pilot scheme that enables building owners to get loans from banks to retrofit their buildings to a higher environmental standard. Minister of State for National Development Tan Chuan-Jin announced this on Wednesday at the opening of the International Green Building Conference, held by the BCA which gathers businesses, policymakers and experts to discuss green building issues. 'To put our money where our mouth is, the BCA will share the risk of any loan defaults with the financial institut...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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