The Clean Energy Finance Corporation (CEFC) – an Australian Government-owned Green Bank that was established to facilitate increased flows of finance into the clean energy sector – is seeking to transform Australia’s approach to medium and large-scale building construction, with a new $300 million program to encourage mass timber construction across the property sector.
The CEFC Timber Buildings Program has the potential to substantially cut construction-related emissions, using engineered wood products at scale to provide a greener alternative to conventional construction materials. Eligible projects may include:
Commercial offices, retail, industrial, healthcare, and education developments
Multi-residential apartments, retirement living, aged care, hotel and student accommodation developments
Australia-wide focus.
To find out more about the program, please view this fact sheet.