Low Carbon Australia Limited
LCAL · Low Carbon Australia
2010 – 1 July 2013
Commonwealth company, set up with $100 million of government funding, that provided finance and advice to businesses and local governments for energy efficiency and low-carbon projects and ran a carbon neutral certification program.
How it came into existence
Established by the Australian Government in 2010 as a company limited by guarantee to help commercial and public building owners and other businesses invest in energy efficiency and emissions reduction.
How it ended
Under a merger announced by the Treasurer, its programs, staff and systems were integrated into the Clean Energy Finance Corporation by mid-2013, ready for the corporation to begin investing on 1 July 2013.
- Energy efficiency finance programs
- Staff, systems and investment platforms
Main functions
- Finance for energy efficiency upgrades in commercial buildings
- Co-financing low-carbon projects with private lenders
- Energy efficiency finance for local councils
- Administration of the National Carbon Offset Standard Carbon Neutral Program
Where it sits
Last in the portfolio of Department of Industry, Innovation, Climate Change, Science, Research and Tertiary Education.
Lineage
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Sources
Government records and websites
Some dates or links for this organisation are not fully confirmed. Corrections are welcome.