During China’s ‘Australia Week’, the Infrastructure Sustainability Council of Australia (ISCA) joined forces with the China City Development Foundation (CCDF) and Green World City (GWC), signing a collaboration agreement to develop and deploy the Green Infrastructure Finance Accreditation (GIFA) scheme. The alliance was formed after Prime Minister Turnbull announced a $100 million joint Australia-China innovation precinct and previously an agenda to drive change in Australia’s economy through innovation.
The ISCA will support the CCDF, a not-for-profit connecting technical expertise and investment capital to urban development opportunities in China, along with GWC, a global network of CEOs and experts in sustainable projects, to implement the scheme based on the ISCA’s Infrastructure Sustainability rating scheme. The voluntary scheme can be applied throughout the design and construction process, with benefits ranging from emissions reduction, enhanced infrastructure design and engaged, supportive communities. The partnership aims to bring these benefits to China as well as open up opportunities to access Australia’s expertise and services. The launch of a not-for-profit organisation to run the scheme is expected to be announced soon.
ISCA Media Release here.