In March 2021, BCA launched the Singapore Green Building Masterplan (SGBMP) to set out the environmental sustainability ambitions and targets to accelerate the transition to a low-carbon Built Environment. As part of the SGBMP, BCA introduced the $63-million Green Mark Incentive Scheme for Existing Buildings 2.0 (“GMIS-EB 2.0” or “Scheme”) on 30 June 2022, with the objective to raise the energy performance of existing buildings and step up the pace to green 80% of our buildings by 2030.The Scheme will provide grant support to building owners on their goals to attain higher energy performance by lowering the upfront capital costs for energy efficiency retrofits and improve the returns on investment, particularly for buildings meeting Super Low Energy or Zero Energy standards. The scheme will be available from 30 June 2022 till the available funds have been fully committed or by 31 March 2027 (whichever is earlier).
Scheme Details
The Scheme is outcome-based where funding support is based on the Green Mark certification rating and the extent of carbon emissions reduction achieved through Energy Improvement Works (EIWs), subject to the funding cap. The details are as follows: -
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Qualifying Criteria
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Funding Factor
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Funding Cap
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Green Mark Platinum
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$25/tCO2e
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$600,000 or up to 50% of qualifying cost, whichever is lower
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Green Mark Super Low Energy (SLE)
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$35/tCO2e
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$900,000 or up to 50% of qualifying cost, whichever is lower
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Green Mark Zero Energy (ZE)
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$45/tCO2e
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$1,200,000 or up to 50% of qualifying cost, whichever is lower
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Eligibility for GMIS-EB 2.0
GMIS-EB 2.0 is applicable to privately-owned existing buildings with a GFA of at least 5,000sqm and the following building types: -
1) Commercial and institutional developments (e.g. hotels, offices, retail buildings, healthcare facilities, community institutions);
2) Light industrial buildings*
3) Residential buildings, only including energy savings from common areas/services.
*Only applicable to light industrial buildings where the company’s business activity is classified under building sector Singapore Standard Industrial Classification (SSIC) codes, beginning with 41-43, 46-47, 55-56, 59-62, 64-66, 68-75, 77-82, 84-88, 90-97 and 99. Energy savings from manufacturing, industrial and commercial processes shall be excluded from the energy savings calculation.
Application Process and Submission Requirements
EIWs proposed to be co-funded under the Scheme shall only commence after the application has been approved by BCA.
The overall detailed flowchart of the application and submission process can be found in the 2022 Circular on Green Mark Incentive Scheme for Existing Buildings 2.0 (GMIS-EB 2.0) (T&Cs superseded as of November 2022).
Please submit your application via FormSG. Corporate entity login is required for the form. Your Singpass ID and corporate Entity ID will be included with your form submission. Do note that as part of the application, you will be required to submit the following supporting documents:
Please refer to the detailed submission format in the
FormSG application instructions.
Relevant Documents & Templates