The tool helps predict the energy performance of buildings, and makes the process much simpler and more convenient. Through the tool, properties can now be assessed within minutes, unlike the existing process where green building certifications and obtaining green loans could take several weeks.
OCBC Bank has issued its first green loan that leverages the Building Energy Efficiency Assessment (BEEA).
The BEEA is the latest tool launched by the Building and Construction Authority of Singapore (BCA) to simplify the transition process to sustainability easier for building owners, developers and small- and medium-sized enterprises (SMEs).
