14 Jun '11, 11am

The Green Business Times Guide to Singapore Government Funding and Incentives for the Environment

The Green Business Times Guide to Singapore Government Funding and Incentives for the Environment

The government recently announced in the Sustainable Singapore blueprint that it has set a target for 80% of the existing building stock to achieve at least Green Mark Certified rating by 2030. A $100 million Green Mark Incentive Scheme for Existing Buildings (GMIS-EB) was set up by BCA to encourage private building owners of existing buildings to undertake improvements in energy efficiency. The scheme provides a cash incentive that co-funds up to 35% of the costs for energy efficiency improvements and capped at $1.5 million. The GMIS-EB also includes a Health Check scheme, which is an energy audit to determine the efficiency of the air-conditioning plants. BCA will co-fund 50% of the cost and the remaining 50% is borne by the building owner.

Full article: http://www.greenbusinesstimes.com/2011/06/14/the-green-bu...

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