Adelaide has taken another step toward its goal of becoming the world’s first carbon neutral city, with the South Australian government passing new legislation which allows for an innovative new mechanism that will help fund upgrades to improve the carbon footprint of existing buildings within the city.

Passed into Parliament with the support of the Greens, independent John Darley and Disability Party representative Kelly Vincent, the new law for the first time creates a legal mechanism through which environmental upgrade agreements (EUAs) can be entered into. Designed to enable finance to be provided for upgrades to improve…