From piperalderman.com.au: Green finance has gained traction in the Australian commercial property market, with approximately AUD 10 billion in green loans accounting for about 3% of commercial property debt as of June 2022.

These loans finance projects that meet recognized environmental standards, including energy-efficient buildings and renewable energy systems, offering cost advantages and improving corporate public image.

Borrowers must comply with the Green Loan Principles, which require transparency in the use of proceeds, project evaluation processes, dedicated management of funds, and regular reporting on the impact and use of the loans.