Singapore Launches Green Financing For Buildings

Bernama.com, 14 Sep 2011
SINGAPORE, Sept 14 (Bernama) -- Singapore has launched a pilot scheme -- Building Retrofit Energy Efficiency Financing (BREEF) -- to provide loans to building owners and energy services companies to enable them to undertake energy retrofits from Oct 1 this year.
Minister of State for National Development and Manpower, Tan Chuan-Jin, said the Building and Construction Authority (BCA) and participating financial institutions would share the risk of any loan default. Full story