If you own or are involved in the operation of a commercial
office building then you may be eligible for a grant under the
Green Building Fund.
The Green Building Fund aims to reduce the impact of
Australia's green house gas emissions by reducing the energy
consumed in the operation of existing commercial office
With grants ranging from $50,000 to $500,000, the program will
provide $90 million in grants over 4 years, representing a
significant investment by the government to reduce the carbon
footprint left by commercial office buildings.
The program will provide the grants through two streams of
Stream A: For owners of existing commercial office buildings -
Applications open until 30 June 2009
Owners of existing commercial official buildings who propose to
reduce their energy consumption may be eligible for grants ranging
from $50,000 to $500,000 (to a maximum of 50% of project costs).
Grants over $500,000 may be available under limited circumstances
for larger buildings.
Stream A projects must commence after 1 July 2008, and not more
than 8 months after a grant application is accepted. It must be
completed within two years, and no later than 31 December 2011.
Stream B: For Industry Associations - Applications will be open
from 1 July 2009
Stream B will provide a limited number of grants to Industry
Associations who develop the knowledge, skills or capability of
those involved in the operation of commercial office buildings, to
improve energy efficiency and reduce emissions. Grants of up to
$200,000 are available (to a maximum of 50% of project costs).
Stream B projects must commence on or after 1 July 2009 and
projects must not exceed a maximum of twelve months in
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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This legal update is an overview of existing eligible project activities and new project types proposed to be developed.
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